Bond yields push higher on hawkish Fed bets and rising oil prices | The 8:30

PepsiCo tops earnings estimates but cuts its full-year forecast and says more cost cuts are coming, as futures fall and Treasury yields keep climbing on October 8, 2026. Yahoo Finance's Julie Hyman, Jake Conley and Pras Subramanian break down the Fed minutes, Chris Waller's case for more hikes, and the growing competition for capital as Broadcom reportedly plans $50 billion in financing for OpenAI's chips. They also discuss Samsung's record profit and TSMC's sales jump, Applied Digital's data center growth, Michael Dell's defense of single stocks in Trump accounts, Levi's outlook, a Goldman Sachs note on Palantir, and the rise of video calls on flights ahead of Delta's earnings. Watch The 8:30 live weekdays 8:30-9:30am ET. 00:00 Futures fall as PepsiCo cuts its forecast 00:22 PepsiCo's earnings and lowered outlook 00:48 More cost cuts are coming 01:12 North America vs. international volumes 02:20 PepsiCo as a test for non-AI stocks 03:03 GLP-1s and the protein gap 04:30 Frito-Lay's Tesla Semi pilot 05:21 Not every company is an AI company 05:45 Why PepsiCo shares are rising 07:25 Fed minutes: All 19 participants backed the hike 08:07 Waller makes the case for more hikes 09:08 Warsh won't give forward guidance 09:27 "Rates keep going up" 10:16 Oil jumps on Iran reports 10:57 Tech rises as other sectors fall 11:36 The 30-year auction and Treasury buyback 12:28 Can the Fed slow the AI capex cycle? 13:23 "A very blunt instrument" 13:41 Yields rise in France and Japan 14:47 Is the US still the cleanest dirty shirt? 15:45 Broadcom reportedly plans $50 billion for OpenAI's chips 16:54 Is AI debt crowding out IPOs? 17:56 The AI debt already out there is struggling 19:05 Box CEO Aaron Levie on AI's compute needs 19:46 "A push, not a pull" 20:29 Lessons from the EV push 21:14 The rise of video calls on flights 23:31 Delta's earnings and the Starlink fight 29:57 Samsung's record profit and TSMC's sales jump 30:44 Why investors want more 31:35 "Not enough…