Nvidia, AI Stocks Tumble as China Chip Progress Sparks Selloff | The Pulse 7/28/2026

A selloff in semiconductor stocks has deepened as signs of progress in China’s advanced chipmaking added to fears about the sustainability of the artificial intelligence spending boom. President Donald Trump said the US and Iran were engaged in diplomatic talks to end the Middle East conflict, but warned the two sides would return to fighting if negotiations didn’t yield a deal. Iran said no formal negotiations are currently taking place. Barclays shares dropped the most in more than a year after its second-quarter earnings showed US consumer banking and investment bank growth had not matched the pace set by American rivals. Today's guests: Laura Cooper, Nuveen Global Investment Strategist and Head of Macro Credit; Anna Skoglund, Goldman Sachs Co-Head of EMEA Investment Banking and EMEA Head of the Financial and Strategic Investors Group -- "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 00:02:07 - Global semiconductor selloff deepens 00:05:17 - Laura Cooper, Nuveen Global Investment Strategist and Head of Macro Credit 00:10:22 - Barclays 2Q investment bank revenue beats estimates 00:13:52 - Nuveen's Cooper on earnings season 00:17:22 - Trump: 'Good chance' of Iran deal 00:21:43 - Zelenskyy secures jamming tech in the UK 00:25:12 - Tuesday headlines 00:25:55 - Anna Skoglund, Goldman Sachs Co-Head of EMEA Investment Banking and EMEA Head of the Financial and Strategic Investors Group 00:33:49 - Barclays CEO: Truly happy with business diversification 00:36:56 - Labour MPs warn against 'punitive' UK welfare cuts 00:37:14 - Fires in Spain and France staiblize 00:42:08 - Tuesday top stories 00:43:11 - Philips CEO: Freight, chip costs pressuring margins 00:44:00 - Mercedes gains, earnings beat offsets guidance cut 00:46:44 - LVMH drops as key unit miss offsets solid profits -------- 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:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts