Bloomberg Television·2026-07-22 23:40Geopolitics and Energy Markets - Oil prices continued to climb amid tensions, with Brent crude briefly topping $95 per barrel [1][64] - The U.S. and Venezuela combined hold 62% of the world's oil market [5] - The cost of the war with Iran for the American people in higher gas and fertilizer prices has reached $100 billion, with at least another $100 billion in damaged infrastructure overseas, planes, ships, and munitions [14] - There is $80 million in unspent liquid money given in the recent bill that the Pentagon has not utilized [16] - Rapida Energy Group projects that China will increase its oil imports by a couple million barrels a day into the fall [70] Technology and Corporate Performance - Tesla shares sank after a second-quarter profit miss, weighed down by spending on AI and product development, while tracking below its existing capital expenditure guide of $25 billion [2][35] - Alphabet pointed to AI as a bright spot, with Gemini topping estimates and reaching 150 million active users, while increasing its capital expenditure guidance up to $205 billion from the previous high-end guidance of $190 billion [2][37][38] - The Connected Vehicle Security Act of 2026 includes a 15% threshold on Chinese ownership for companies selling cars in the U.S., with affected companies given until 2030 to comply or apply for a waiver [28][29][30] - The President's sons made over $1 billion in cryptocurrency, raising new ethical considerations regarding related legislation [32]