Chip Rout Deepens; Trump Talks Up Iran Diplomacy | Bloomberg Brief 07/28/2026

US equity futures waver after a rout in chipmakers causes rotation into other corners of the market. Oil drops as negotiations between Iran and Oman focus on restarting traffic in the Strait of Hormuz and President Trump says there's a "good chance" a deal may happen. Henrietta Pacquement of Allspring Global Investments discusses the Fed's rate path as markets push up year-end Fed rate. Chapters: 00:00:00 - Bloomberg Brief Begins, Opening Headlines 00:00:44 - Global Market Check: Asia Chip Stocks Tumble 00:02:14 - Europe Market Open & Bonds 00:03:42 - Oil Retreats as Fed and AI Concerns Weigh 00:05:20 - First Look Movers: Chips, J&J & Unilever 00:06:29 - AI Selloff: What's Driving the Panic? Germany Prepares for Trade Pressure on China 00:11:54 - Trending on the Terminal 00:13:31 - Iran-Oman Talks Lift Oil Market Optimism 00:17:42 - Heat Waves Threaten US Power Grid & Data Centers 00:21:35 - Market Reset: Chips, Oil & Treasury Yields 00:23:18 - First Look Movers: Chip Stocks, J&J & Barclays 00:24:29 - Henrietta Pacqument, Allspring Global Investments Global Fixed Income COO, on Fed Preview, AI Data Centers, Bond Market 00:32:21 - Trending on the Terminal 00:33:54 - Trump, Iran & Strait of Hormuz Negotiations 00:37:03 - AI Chip Selloff Deep Dive 00:39:27 - Boeing Earnings Preview 00:42:34 - What to Watch Today -------- 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