Chipmakers Boost Stocks, Meta Explores Cloud Business | Bloomberg Businessweek Daily 7/9/2026

Published 9 July 2026 · finance

Today, Edward Fishman, director of the Maurice R. Greenberg Center for Geoeconomics at the Council on Foreign Relations, discusses renewed conflict between Iran and the

Today, Edward Fishman, director of the Maurice R. Greenberg Center for Geoeconomics at the Council on Foreign Relations, discusses renewed conflict between Iran and the US and what it means for the global oil trade as the two countries trade strikes. Then, Aaron Mulvihill, global alternatives strategist at JPMorgan Asset Management, breaks down the economic impact of renewed conflict and the market reaction to the AI trade. Plus, Bloomberg technology reporter Maggie Eastland discusses Micron's move to increase investment in the US to build out memory capability. Then, Bloomberg senior technology reporter Kurt Wagner talks his interview with Meta CEO Mark Zuckerberg and his company's move to charge for a tier of its AI model.

Finally, Bloomberg senior national political correspondent Nancy Cook discusses the Democratic party's next move as Maine Senate candidate Graham Platner drops out of the race after allegations of sexual assault. Chapters 00:00:00 Bloomberg Businessweek Daily 00:00:02 Market Update: Semiconductors Surge, Oil Pulls Back 00:04:25 U.S.-Iran Conflict: Where Do Things Stand? 00:06:15 Why the Strait of Hormuz Is the Real Battleground 00:08:00 Oil Markets, Russia & Global Energy Risks 00:09:45 AI Investment Beyond the Magnificent Seven 00:12:20 Real Estate, Infrastructure & Alternative AI Plays 00:15:15 Are the Magnificent Seven Losing Their Edge? 00:18:20 IPO Market Outlook & AI Investing 00:19:05 Market Update: Chip Stocks Continue Higher 00:20:40 Meta's New AI Strategy 00:21:20 Micron Expands U.S. Manufacturing 00:24:50 Mark Zuckerberg's AI Vision 00:26:10 Meta's Push Into AI Cloud Services 00:28:20 Can Meta Turn AI Spending Into Profits?

00:32:40 Market Update: Tech Leads While Oil Retreats 00:34:10 Democratic Party Faces Midterm Challenges 00:36:00 What's Next for Maine's Senate Race? 00:39:40 Can Democrats Unite Before November? 00:42:40 Stocks on the Move 00:44:10 Lumen Rallies on AI Infrastructure Demand 00:45:20 Meta Climbs on AI Optimism 00:47:10 PepsiCo Slides After Weak Consumer Demand More on Bloomberg Television and Markets Like this video? Subscribe and

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