China AI Shock Hits Chip Stocks | Open Interest 7/17/2026

Published 17 July 2026 · tech

Get a jump start on the US trading day with "Bloomberg Open Interest." A surprise AI breakthrough from China sparks a deeper chip selloff as

Get a jump start on the US trading day with "Bloomberg Open Interest." A surprise AI breakthrough from China sparks a deeper chip selloff as Apple retakes the title of the world’s biggest company. Netflix tumbles on a disappointing outlook while Wall Street debates its next growth move. Oil climbs as US-Iran tensions escalate. Plus, Mike McKee joins us on improving consumer sentiment, Jason Bazinet on Netflix’s future, and LS Power CEO Paul Segal on how AI is reshaping America’s power grid. Chapters 00:00:00 - Open Interest 00:04:23 - Iran Escalation, Strait of Hormuz, U.S. Naval Blockade & Energy Infrastructure Attacks 00:12:08 - High Interest | Trump Media Trading Feed, Canadian Wildfire Smoke & Taco Bell Parasite Outbreak 00:13:51 - Taco Bell Outbreak, Food Safety Risks & Restaurant Industry Impact 00:17:12 - Sarah Hunt Alpine Saxon Woods | AI Selloff, Apple’s Resurgence, Tech Valuations, Capex Fatigue & Market Rotation 00:32:51 - Top Calls | 3M Upgrade, Apple Upgrade & Netflix Downgrades 00:33:42 - Jason Bazinet Citi | Netflix Growth Outlook, Streaming Competition, Sports Rights & Content Monetization 00:40:56 - South Korea ETF Crackdown, Leveraged ETFs & Market Volatility Risks 00:44:22 - Consumer Sentiment, Inflation Expectations, Fed Outlook & Rate Risk 00:47:22 - Joanne Hsu University of Michigan | University of Michigan Survey, Consumer Confidence & Inflation Expectations 00:53:20 - China AI Competition, AI Costs, LLM Adoption, Google Gemini Delay & Chip Outlook 00:58:46 - High Interest | NYC Pay Raise Debate, Aston Martin Financing & Iran Expansion Risks 00:59:50 - Iran Conflict Update, Hormuz Flows, Naval Enforcement & White House Strategy 01:05:42 - Paul Segal LS Power | Power Grid Strain, AI Data Centers, Energy Infrastructure & Natural Gas Demand 01:12:30 - Trump Strategy, Iran War Politics, Energy Prices & Midterm Risks 01:19:09 - Trump Media Strategy, Truth API, Prediction Markets & Profitability Challenges 01:23:54 - World Cup Economics, Adidas vs Nike, Sponsorships & Messi Impact 01:26:46 - Week Ahead | Google & Tesla Earnings, ECB Decision, Airline Earnings & World Cup Final More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on Connect with Bloomberg Business on TikTok Reddit More from Bloomberg Bloomberg Radio Bloomberg Surveillance Bloomberg Politics Bloomberg Originals Watch more on Bloomberg Technology Bloomberg Originals Bloomberg Quicktake Bloomberg Espanol Bloomberg Podcasts