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

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
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