Le Pen Judgement Day, Samsung Drops after Profit Beat | The Opening Trade 7/7/2026

The outcome of Marine Le Pen’s appeal of her conviction for embezzling public funds could shape French and European politics for years. The decision due today from the three-judge appellate panel will determine not only whether the 57-year-old three-time presidential candidate gets another shot at the Élysée, but whether Jordan Bardella, her 30-year-old protégé, becomes the National Rally’s face in what polls suggest could be the far-right party’s best opportunity yet to win power.

The chip sector came under more pressure, with Samsung Electronics, whose shares have more than doubled this year, plunging as much as 10% despite reporting a 19-fold jump in profit. Chipmaker SK Hynix Inc. slid 6%, pushing Korea’s Kospi Index down 5.2%. Earlier, an 8% slump in the benchmark had triggered a temporary trading halt.

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:
00:02:20 – Stocks Reaction Post-Samsung Earnings
00:04:27 – Oil Price Climbs
00:05:51 – Trump Heads to NATO Summit in Turkey
00:09:23 – Le Pen’s French Presidency Bid at Stake
00:14:19 – Samsung Stock
00:20:39 – USA Out of World Cup After Belgium Loss
00:21:49 – London Record Summer Heat
00:22:56 – Why Can’t Europe Cope With the Heat?
00:25:50 – Brent Crude Levels, Gas Prices Rise
00:36:51 – NATO, Trump Tensions Over Iran War
00:47:38 – Stocks to Watch: Shell, Tech, Defense
00:51:36 – ASML Stock Sinks
01:04:59 – Samsung Profits Failt to Impress Investors
01:16:56 – Expeditions Co-Founder Mikolaj Firlej
01:23:32 – French Court to Rule on Le Pen Election Ban
01:30:33 – French Elections
01:33:22 – French Bond Spreads Widening
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