Bloomberg Television·2026-07-24 11:19Macroeconomics and Geopolitics - Brent crude oil hovers below $100 a barrel at $96.77 after topping $100 earlier, while European gas futures trade at 62.29 euros per megawatt-hour [1][8][48][49] - The U.S. administration implements new tariffs of 10% and 12.5% on 60 economies and the European Union, while threatening a 50% tariff on Canada [1][15][69][72] - The 30-year U.S. Treasury bond yield rises to nearly 5.17%, with the 2-year yield trading above 4.30% amid inflation and capital competition concerns [10][49][65] - Euro area business activity PMI rises to a five-month high of 51.9%, and Britain's PMI increases to a three-month high of 52.1% [29][68] Industry Trends and Technology - Intel shares rise about 4% following a blowout revenue forecast and a capital expenditure increase from $18 billion to $20 billion, driven by strong AI demand and CPU workload resurgence [11][30][32][80] - Amkor signs a multi-year $1.5 billion partnership with NVIDIA to develop semiconductor packaging and testing technologies around AI platforms, boosting its stock by over 10% [12][52] - Volkswagen cuts its revenue outlook by up to 3% while expanding in Europe and targeting $10 billion in market share in China with 40 new model launches across two years [27][28] - Austin addresses housing affordability by reducing the minimum lot size from 5,750 square feet to 1,800 square feet, helping to bring 50,000 units online and lower rents by 19% from 2021 averages [42][44]