What’s News in Markets: Tech Winners and Losers, Fed Fallout, Taco Bell Rebound

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  More people, more devices, more AI.

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  The way we live today takes a lot of energy.

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  Wind and solar are powerful, but not always available.

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  That's where natural gas comes in, with reliable energy whenever it's needed.

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  Companies like Energy Transfer work behind the scenes,

• 00:21

  safely transporting these resources to facilities across the country through a network of underground pipelines.

• 00:27

  Learn more at ittakesenergy.com.

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  Hey, listeners, your money briefing is still on a break,

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  but we'll be back with more personal finance information for you in the future.

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  Until then, here's the news moving the markets this week.

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  Hey, listeners, it's Saturday, August 1st.

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  I'm Sharada Dinesh for The Wall Street Journal.

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  And this is What's News in Markets,

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  our look at the biggest stock moves of the week and the news that drove them.

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  Let's get to it.

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  It was another turbulent week.

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  Markets were whipsawed by concerns over AI, the war with Iran, expectations for the Federal Reserve, and more.

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  But today, I want to focus on three things.

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  Tech, the Fed, and food.

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  Starting with the Fed, Treasury yields rose after two Fed officials

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