Intel(US:INTC) Bloomberg Television·2026-07-24 07:46Energy Market & Geopolitics - Brent crude broke above $100 a barrel, closing the week at $100 to $101 a barrel, driven by Middle East conflicts and Red Sea shipping disruptions [1][2][13][45] - The Magnificent 7 lost nearly $800 billion in market value during a major selloff [1][23][46] - The Strait of Hormuz ship traffic dropped to single digits, down from about 135 ships per day [52] Macroeconomic Trends & Central Banks - The U.S. 10-year Treasury yield rose 12 basis points for the week to 4.7%, while the 30-year yield reached levels not seen since 2007 [3][4][36][44] - President Trump instituted a new tariff regime (Liberation Day 2.0%), slapping duties between 10% and 12.5% on imports from major trading partners [1][5][7] - The MSCI Asia-Pacific Index fell more than 2%, weighed down by rising oil prices and inflation concerns [24][50] Corporate Earnings & IPOs - Intel shares jumped about 5% in after-hours trading following a strong revenue forecast and data center spending growth, with capital expenditures projected at more than $20 billion this year [20][21][22] - Chinese chipmaker CXMT's upcoming IPO on the Shanghai Star Board is set to raise $9 billion, making it the second-largest IPO ever [43] - Dangote Group completed a $2.5 billion private placement for its refinery business and plans a secondary listing for its cement business in London [67][74]