Bloomberg Television·2026-07-15 22:19Market Trends and Macroeconomics - The NASDAQ Composite closed up 0.6%, while the NASDAQ 100 declined 0.3% due to a semiconductor sector selloff [1][116][138] - Traders are scaling back rate cut expectations, with markets now pricing in a potential rate hike in December [2][92] - Inflation data showed cooling in areas like gasoline, airfares, and food, though costs for AI-related goods and services continue to rise [4][5][32] - Oil prices remain volatile, with Brent Crude and WTI rising over 1% amid geopolitical tensions in Iran [110][115] Corporate Performance and Industry Dynamics - United Airlines reported Q2 adjusted EPS of $1.99, beating the $1.85 estimate, but shares fell 4% after narrowing full-year guidance to a range of $9 to $11 per share [117][118][141] - J.B. Hunt reported Q2 revenue of $3.5 billion, exceeding the $3.25 billion estimate, with shares climbing 2% [129][133] - Christie’s achieved $3.5 billion in sales for the first half of the year, marking a 71% increase and its best performance in five years [182] - The AI sector continues to drive capital expenditure, with hyperscaler spending projected to grow from $300 billion to $3 trillion [155] Real Estate and Investment Strategy - Real estate is viewed as an attractive entry point, with prices down 25% from peaks while equities have risen 60% [59] - The auction market shows a generational shift, with 47% of Christie's buyers being Millennials or Gen Z [183][191]