Microsoft Rallies on Earnings as Meta Slides with AI in Focus | The Pulse 7/30/2026

Strong growth at Microsoft has reassured investors that expensive bets on AI are starting to pay off. But Meta shares slid in premarket trading after the Facebook parent gave a revenue outlook that is seen as disappointing. Investors dumped 30-year Treasury bonds, sending the yield to a 19-year high after the Fed kept interest rates unchanged for a seventh consecutive month. Investors have wagered that Federal Reserve Chairman Kevin Warsh was only delaying an inevitable rate hike. The US has launched a fresh wave of strikes on Iran in response to an attack on American forces in Jordan, escalating a conflict that’s now spreading across the Middle East. Today's guests: Katharine Neiss, PGIM Credit Deputy Head of Global Economics; Simon Hunt, Campari Group CEO; Dominik von Achten, Heidelberg Materials CEO -- "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 with Francine Lacqua 00:00:37 - European CEOs discuss earnings results 00:03:57 - US launches new wave of strikes against Iran 00:06:03 - Katharine Neiss, PGIM Credit Deputy Head of Global Economics 00:15:24 - Simon Hunt, Campari Group CEO 00:23:46 - Thursday headlines 00:24:15 - Poland's Tusk says missile incident is serious 00:24:49 - Bank of England expected to keep rates on hold 00:26:48 - Dominik von Achten, Heidelberg Materials CEO 00:33:35 - EXCLUSIVE: Nicolas Hieronimus, L'Oréal CEO 00:39:41 - Poland's Tusk says object that fell was a Russian missile 00:41:33 - Munich Re: Losses from natural disasters hit $112 billion in first half 00:44:04 - FIFA pursues controversial sale plan -------- 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