SK Hynix Plunges as US Tech Earnings Loom | The Pulse 7/29/2026

Chip stocks in Asia slumped again amid doubts over whether lofty margins can be sustained. Memory maker SK Hynix slumped in South Korea, extending a rout that has wiped some $700 billion off its market value in little more than a month. US futures drifted higher ahead of earnings from two of the world’s biggest spenders on artificial intelligence and a US interest-rate decision where some are pricing a hike. Oil has surged after the US says it intercepted an attack on American military bases in the Middle East. US Central Command says it joined Saudi forces in retaliating with strikes on Iran-backed militants in Iraq. The latest flare up brings to an end days of relative calm. Today's guests: Nataliia Lipikhina, JPMorgan Private Bank Head of EMEA Equity Strategy; Hinda Gharbi, Bureau Veritas 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 00:00:38 - SK Hynix profit disappoints, embarks $31 billion capex 00:01:05 - Market roundtable: Bloomberg's Shona Ghosh & JPMorgan Private Bank's Nataliia Lipikhina 00:09:00 - UBS starts $3 billion buyback after net income beat 00:13:01 - Nataliia Lipikhina, JPMorgan Private Bank Head of EMEA Equity Strategy 00:17:17 - Oil surges over fresh fighting in Middle East 00:19:57 - Zelenskyy: Good talk with Trump on Patriots 00:23:51 - Wednesday headlines 00:24:18 - Markets price over 30% chance of Fed hike today 00:27:08 - Hinda Gharbi, Bureau Veritas CEO 00:34:37 - Rio Tinto doubles down on productivity 00:38:14 - UBS CEO Emotti on share buybacks and earnings 00:42:35 - StanChart & Deutsche Bank earnings update 00:46:15 - Kering surges after Gucci sales beat estimates -------- 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