Samsung Earnings Send Chip Stocks Tumbling as Kospi Triggers Circuit Breaker | The Pulse 7/7/2026

Stocks fell as volatility again hit chipmakers after blowout earnings from Samsung left investors wanting even more. The company’s shares slid more than 10% in Seoul, leading a plunge in the benchmark Kospi that triggered a brief circuit-breaker suspension.

Leaders have gathered in Ankara, Turkey for the annual NATO summit. European officials are aiming to convince US President Donald Trump that they are heeding his spending demands.

European natural gas prices surged after reported attacks on ships transiting the Strait of Hormuz. Bloomberg understands a Qatari LNG carrier was hit by a projectile near the Omani coast while a second tanker appears to have u-turned.

Today’s guests: Jim Reid, Deutsche Bank Research Institute Head and Global Head of Macro and Thematic Research; Marta Prochwicz, European Council on Foreign Relations Deputy Head of the Warsaw office; Pierroberto Folgiero, Fincantieri CEO

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse
00:00:29 – Tech stocks lower after Samsung results fail to impress investors
00:03:57 – Jim Reid, Deutsche Bank Research Institute Head and Global Head of Macro and Thematic Research
00:08:54 – NATO leaders convene at Ankara summit
00:14:07 – Reid on US economy and fed rates
00:20:41 – French court to rule on Le Pen election ban appeal
00:23:35 – Tuesday headlines
00:24:02 – European gas prices rise on tanker attack
00:28:07 – Marta Prochwicz, European Council on Foreign Relations Deputy Head of the Warsaw office
00:36:15 – Tuesday top stories
00:37:04 – Pierroberto Folgiero, Fincantieri CEO
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