SK Hynix Slips Ahead of Big Tech Results | Bloomberg Tech 7/29/2026
Bloomberg Technology· 2026-07-29 18:26
Financial Performance & Capital Markets - SK Hynix reported a sixfold jump in profit and raised capital spending to a record $31 billion [1] - Moonshot AI raised $3.5 billion at a $35 billion valuation, with investors planning a private round at a $50 billion pre-money valuation ahead of an upcoming Hong Kong IPO [10][11][12] - SoFi reported its 19th consecutive quarter with $1.2 billion in revenue, representing 40% revenue growth and a 30% EBITDA margin [35][36] - Larry Ellison and his family trust face up to $9.8 billion in breakup and buyout fees if the Warner Bros. and Paramount merger collapses completely [60][62] Industry Trends & Artificial Intelligence - Nasdaq 100 declined for the sixth straight session, marking the longest streak of declines since October 2022 amid growing skepticism over AI spending return on investment [2][50] - NextEra Energy and Brookfield are joining forces to build a $100 billion data center campus in Kentucky by transforming a uranium enrichment facility [33] - SoFi utilizes AI to increase engineering code production productivity, automate fraud investigations, resolve disputes, and power customer service and the SoFi Coach chatbot [44][45][46][47] Corporate Operations & Supply Chain - Logitech experienced a temporary semiconductor supplier closure at the end of June, with an estimated financial impact of about $20 million [55][59] - Qualcomm remains heavily exposed to smartphone market weakness, particularly within the Android ecosystem and China, despite expanding into automotive and data center sectors [85][87][88]
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Bloomberg· 2026-07-29 18:25
RT Bloomberg Opinion (@opinion)@JonathanJLevin @AllisonSchrager @BobOnMarkets "Does [Warsh] believe that the economy is too levered to the artificial intelligence sector?" @BobOnMarkets asks. "And would he view monetary policy as restrictive given that financial conditions are as loose as they've ever been?"WATCH LIVE: https://t.co/BVqXpelKFa ...
NextEra, Brookfield Plan $100B Hub | Balance of Power 7/29/2026
Bloomberg Television· 2026-07-29 18:25
Market Performance and Energy Dynamics - Crude oil prices jumped sharply due to Saudi Arabia entering military conflicts in the Middle East [2] - WTI crude oil surged 6.6% and Brent crude surged 7.6% to reach $90.37 per barrel [8][11] - The Dow Jones Industrial Average dropped nearly 800 points (1.5%), while the S&P 500 and Nasdaq declined 0.8% and 0.9% respectively ahead of the Federal Reserve rate decision [6] - The U.S. Arabian Gulf region's seven-day trailing average oil output reached 13 million barrels per day, recovering to two-thirds of pre-conflict levels [35] - U.S. Strategic Petroleum Reserve (SPR) operations maintain over 200 million barrels of oil, with plans to add more than 40 million barrels back through strategic trading [41] Technology and Infrastructure Investments - Energy Secretary Chris Wright announced a $100 billion data center project in Kentucky powered by nuclear and natural gas generation [3][17][49] - The Kentucky data center project utilizes 2 gigawatts of new natural gas power generation to serve a 1.2 gigawatt data center alongside 800 megawatts of additional power for the grid [17] - Modern data centers consume minimal water resources, utilizing closed-loop cooling systems that consume roughly as much water as a single fast-food restaurant [26] Monetary Policy and Economic Outlook - Bloomberg Chief U.S. Economist Anna Wong noted a potential 30% probability of a Federal Reserve rate hike driven by forward guidance adjustments [61][62] - Federal Reserve internal models indicate that a 75 basis point rate hike against an oil and gas price shock yields only a 0.1% reduction in inflation while causing substantial damage to unemployment and economic growth [72]
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Bloomberg· 2026-07-29 18:25
RT Bloomberg em Português (@BBGEmPortugues)SANTANDER - As ações do Santander Brasil tiveram a maior queda em quase quatro anos depois que o banco divulgou um lucro abaixo das estimativas, pressionado pelo aumento dos custos de crédito. Por @piovesanamath e @thatsleda https://t.co/hAxhJtado9 ...
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Bloomberg· 2026-07-29 18:25
Cuban officials announced another spate of economic reforms, as the communist-run island struggles to convince the US that its market-liberalization attempts will result in the change that the Trump administration is seeking https://t.co/w294vBo1kS ...
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🚨BSC Gems Alert🚨· 2026-07-29 18:24
RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)𝗡𝗘𝗪 𝗟𝗜𝗦𝗧𝗜𝗡𝗚 𝗖𝗢𝗠𝗜𝗡𝗚 ‼️Which token should Binance #Binance list next? 👇 https://t.co/PreYhJOoxd ...
WATCH: Epstein survivors say Todd Blanche told us to 'get to the point'
MSNBC· 2026-07-29 18:24
OF WHAT SHE IS SHARING WITH YOU. WE HOPE THAT SENATORS WILL TAKE THAT INTO CONSIDERATION. WHAT DID SENATOR CORNING We didn't meet directly with Senator Cornyn.We met with the judiciary staffer, yeah. There's obviously a really big vote tomorrow on the committee. Yeah.Are you feeling like you're swaying senators I mean, we don't we don't ever know. Right. We just hope that they do the right thing.And I think at this point, we're not political and we never have been. And it would be great to have some Republi ...
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🚨BSC Gems Alert🚨· 2026-07-29 18:23
🚨BREAKING🚨🇺🇸 FED LEAVES RATES UNCHANGED FOR THE 5TH STRAIGHT MEETING. https://t.co/4oAYmTUU5u ...
X @Mayne
Mayne· 2026-07-29 18:23
Weird how it's kind of consensus that people who live in Mediterranean climates generally live longer due to more sun exposure being part of their daily lives.Bryan Johnson (@bryan_johnson):I love the sun. I wish I could be in it all day, everyday.That’s what I did as a kid.Since starting my longevity project, I learned there is a tradeoff to sun exposure. It ages your skin, driving deep wrinkles, skin laxity and sun spots.90% of visible skin aging is from ...