Caution Builds Ahead of Big Tech Earnings | The Opening Trade 7/22/2026
Stocks fell ahead of Alphabet Inc.’s earnings as traders waited for the clearest read yet on whether the vast sums technology hyperscalers are pouring into
Stocks fell ahead of Alphabet Inc.’s earnings as traders waited for the clearest read yet on whether the vast sums technology hyperscalers are pouring into artificial intelligence are paying off. A two-day rebound in the Nasdaq 100 came to a halt, with index futures dropping 0.8%. South Korea’s Kospi Index and other tech-heavy gauges in Asia trimmed strong early-session gains. The technology sector lagged sharply in Europe’s Stoxx 600. The Opening Trade has everything you need to know as markets open across Europe.
With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. Chapters 00:00:00 - The Opening Trade 00:00:27 - Market Check 00:03:14 - Oil Price Rises, Red Sea Threat 00:05:08 - High Stakes Tech Earnings 00:08:29 - Trump 100% Generic Drug Tariffs 00:10:16 - UK June Inflation Rises 00:14:21 - AkzoNobel CEO Pou Guillaume 00:24:59 - Santander CFO Garcia-Cantera 00:35:41 - Trump Vows to Respond if Houthis Disrupt Red Sea 00:46:47 - Stock to Watch: General Drugmakers, Santander, JD Wetherspoons 00:53:26 - Santander Stock 01:08:12 - Trump Generic Drug Tariffs 01:14:28 - Japanese Yen Decline, BOJ Rates 01:28:55 - Alphabet Revenue Growth Expectations 01:32:17 - Intel Earnings 01:33:38 - Yen Rebound 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