Bloomberg Television·2026-07-24 03:58Macroeconomics & Geopolitics - Brent crude oil surged above $100 per barrel, reaching $100 after rising 7%, driven by Middle East conflicts and U.S. strikes on Iran[1][30][35] - U.S. Treasury yields hit yearly highs, with the 2-year yield climbing to 4.37% due to rising inflation and rate hike expectations[1][66][106] - The U.S. implemented new 10.1% tariffs covering nearly 90% of exports across 60 economies under Section 301 targeting forced labor[45][46][143] - Japan's June core CPI accelerated to 1.6% year-on-year growth, while the yen hovered near the 163-164 level against the U.S. dollar, driving expectations for Bank of Japan rate hikes[4][53][55] Technology & Semiconductors - Intel doubled its second-quarter profit estimates and reported a 59% growth in data center revenue, while capital expenditures are projected to exceed 20 billion dollars next year[2][5][124][125] - SpaceX halted commercial Falcon rocket reservations beyond 2028 to focus on the Starship program and its integration with Starlink and space-based AI data centers[41][43] - Technology and semiconductor sectors across Asia experienced downward pressure, with South Korea's Kospi losing over 1.5% and SK Hynix dropping more than 2%[96][103] Corporate & Financial Services - HSBC agreed to sell its life and health insurance business in Singapore to Allianz for 2.1 billion dollars, generating an expected pretax gain of 1.8 billion dollars[28] - Global financial markets experienced increased volatility, impacting equity indexes such as Japan's Nikkei 225 falling over 1% and the S&P 500 seeing its biggest drop in a month[52][122]