SK Hynix Moves to Capitalize on Memory Chip Demand | Bloomberg Businessweek Daily 7/6/2026

Today, Bloomberg Economics chief economist Tom Orlik discusses how long rates could feel the impact of Trump’s war with Iran. Then, Bloomberg’s Ed Ludlow breaks down the latest tech headlines as South Korean memory chipmaker SK Hynix makes official moves towards a US listing. Plus, Rudina Seseri, founder and managing partner at Glasswing Ventures, dives deeper into where the AI trade is headed as industries home in on specific AI innovation and integration. Finally, Ellen Wald, president of Transversal Consulting and Author of ‘Saudi, Inc.,’ discusses Saudi state oil producer Saudi Aramco’s move to make big reductions to its main crude oil price for buyers in Asia.

Chapters
00:00:00 Bloomberg Businessweek Daily
00:01:14 Market Update: Tech Leads After Holiday Weekend
00:02:05 Oil Prices, Saudi Arabia & Global Markets
00:04:45 Fed Outlook After the Iran Conflict
00:05:50 Bloomberg Economics on Higher Interest Rates
00:08:10 Why Central Banks Remain Hawkish
00:10:40 AI Trade Shifts to Memory Chips
00:11:40 SK Hynix’s Massive U.S. Listing
00:13:45 Is the AI Chip Boom Sustainable?
00:20:55 AI Trade Rotation & Hyperscaler Rally
00:22:25 Glasswing Ventures on AI’s Next Winners
00:24:10 AI Revenue, Enterprise Adoption & Startups
00:27:45 The Next Generation of AI Companies
00:32:35 Market Update: Tech Extends Gains
00:34:30 Saudi Aramco Cuts Oil Prices
00:36:15 Why Saudi Arabia Is Discounting Crude
00:39:10 Is Saudi Aramco Still the World’s Most Powerful Oil Company?
00:44:20 O’Reilly Automotive Drops on Acquisition Speculation
00:45:45 AMC Slides After Weak Holiday Box Office
00:46:40 Broadcom Rallies on Expanded Apple Partnership
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts