Global Chip Stock Slump Overshadows Oil Drop | The Opening Trade 7/28/2026
The chip sector losses point to deepening concerns over crowded equity positioning and rising corporate debt levels as the AI buildout progresses. A report from
The chip sector losses point to deepening concerns over crowded equity positioning and rising corporate debt levels as the AI buildout progresses. A report from The Information that a Chinese state-backed company has begun mass-producing immersion deep-ultraviolet lithography machines has been another cause of concern. Brent fell 2% to $86.50 a barrel in a third straight day of losses. President Donald Trump said that the US and Iran were engaged in talks to try to end the Middle East conflict, with the two sides continuing to hold off on attacks.
Treasuries gained for a second day as inflation fears eased. 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 and Guy Johnson. Chapters 00:00:00 - The Opening Trade 00:00:25 - Market Check 00:01:57 - Chip Selloff 00:05:26 - Man Group Earnings Records 00:07:21 - Man Group CEO Antoine Forterre 00:16:49 - Barclays CEO CS Venkatakrishnan 00:25:07 - Bond Market Check 00:29:42 - ASML Stock Falls 00:35:09 - US Holds Off Iran Strikes 00:40:03 - Nvidia Deal Ignites Circular AI Fears 00:47:04 - Stocks to Watch: Philips, Barclays, Mercedes 00:52:48 - LVMH Stock 00:57:10 - Unilever Stock Gains Most in Two Years 01:04:57 - Barclays Stock 01:22:27 - Altana Wealth CIO Founder Lee Robinson 01:27:04 - Philips CEO Roy Jakobs 01:33:52 - Chip Rout Deepens on China Competition More on Bloomberg Television and Markets Like this video?
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