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BusinessFinance.news is operated and published by Instant Media Access in Sweden. By accessing or using BusinessFinance.news, you acknowledge these Terms of Use - [Financial Disclaimer and Investment Recommendation Policy](https://businessfinance.news/financial-disclaimer-and-investment-recommendation-policy/): Last updated: 28 July 2026 1. About This Policy This Financial Disclaimer and Investment Recommendation Policy applies to the articles, analysis, commentary, opinions, videos, newsletters, social-media posts and other content published or distributed by BusinessFinance.news. It explains: The general informational nature of our content The limits of the information we publish The risks associated with - [Advertising, Affiliate and Sponsored Content Disclosure](https://businessfinance.news/advertising-affiliate-and-sponsored-content-disclosure/): Last updated: 28 July 2026 1. About This Disclosure BusinessFinance.news is a commercial editorial publication. 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Introduction This Privacy Policy explains how Instant Media Access collects, uses, stores, shares and protects personal data in connection with BusinessFinance.news. It applies when you: Visit BusinessFinance.news Read or interact with our articles Change your cookie preferences Contact us by email Click an advertising or affiliate link Load embedded - [My Profile](https://businessfinance.news/my-profile/) - [Networks](https://businessfinance.news/networks/) - [Tags](https://businessfinance.news/tags/) - [People](https://businessfinance.news/people/) - [Blog](https://businessfinance.news/blog/) ## Videos - [Nvidia's $750 Billion Deal Wave and the Circular Financing Question Wall Street Can't Settle](https://businessfinance.news/nvidias-750-billion-deal-wave-and-the-circular-financing-question-wall-street-cant-settle/): Nvidia circular financing fears returned as $750B in AI deals hit, sending NVDA down 5% and widening its credit spreads to a record. - [Why Oil Prices Stayed Below $150 During the U.S.-Iran War](https://businessfinance.news/why-oil-prices-stayed-below-150-during-the-u-s-iran-war/): Why oil prices stayed below $150 during the Iran war, from China’s demand shock and EV shift to reserve releases and rerouted supply. - [The AI Capex Monetization Test: Why Big Tech’s Busiest Earnings Week Matters More Than the Fed](https://businessfinance.news/the-ai-capex-monetization-test-why-big-techs-busiest-earnings-week-matters-more-than-the-fed/): Alphabet's negative free cash flow reset how Wall Street grades AI capex monetization. What Microsoft, Meta, Amazon and Apple must prove this week. - [Stock Market Outlook: AI Spending, Oil Relief and the Fed’s High-Stakes Week](https://businessfinance.news/stock-market-outlook-ai-spending-oil-relief-and-the-feds-high-stakes-week/): Stock market outlook for AI spending, falling oil prices, Big Tech earnings and the Fed decision shaping Wall Street this week. - [China DUV Lithography Report Sends Kospi Down 10.8% as the AI Chip Trade Cracks](https://businessfinance.news/china-duv-lithography-report-sends-kospi-down-10-8-as-the-ai-chip-trade-cracks/): China DUV lithography report sent the Kospi down 10.8% and hit ASML and Nvidia. What was actually reported, and what markets got wrong. - [Oil’s 9% Plunge Was a Warning, Not an All-Clear: What the U.S.–Iran Pause Means for Inflation, the Fed and Markets](https://businessfinance.news/oils-9-plunge-was-a-warning-not-an-all-clear-what-the-u-s-iran-pause-means-for-inflation-the-fed-and-markets/): Oil plunged after the U.S.-Iran strike pause. Here’s what it means for inflation, gasoline, the Fed, stocks and the Strait of Hormuz. - [July 2026 Fed Decision: Why a Rate Hike Is Back on the Table as Big Tech Earnings and Nvidia's $750 Billion Deals Collide](https://businessfinance.news/july-2026-fed-decision-why-a-rate-hike-is-back-on-the-table-as-big-tech-earnings-and-nvidias-750-billion-deals-collide/): The July 2026 Fed decision is live as Big Tech earnings land and Nvidia's $750 billion of AI deals revive circular financing concerns. - [Why Oil Prices Fell After the U.S.-Iran Strike Pause—and Why the Risk Has Not Disappeared](https://businessfinance.news/why-oil-prices-fell-after-the-u-s-iran-strike-pause-and-why-the-risk-has-not-disappeared/): Why oil prices fell after the U.S.-Iran strike pause, what it means for gas, inflation and the Fed, and why shipping risks remain. - [Nvidia’s Reported $250 Billion OpenAI Backstop: Inside the Ohio AI Data Center Financing Plan](https://businessfinance.news/nvidias-reported-250-billion-openai-backstop-inside-the-ohio-ai-data-center-financing-plan/): Nvidia’s reported $250 billion OpenAI guarantee could finance a huge Ohio AI campus. Here is how the deal, risks and power plan work. - [CXMT IPO: Inside the 466% Debut That Repriced China’s Memory-Chip Ambitions](https://businessfinance.news/cxmt-ipo-inside-the-466-debut-that-repriced-chinas-memory-chip-ambitions/): CXMT’s IPO surged 466% in Shanghai. Here is what the valuation, tiny float, DRAM boom, financials and U.S. restrictions mean. - [Philip Morris Doubles Down on ZYN With a $1.2 Billion Colorado Manufacturing Bet](https://businessfinance.news/philip-morris-doubles-down-on-zyn-with-a-1-2-billion-colorado-manufacturing-bet/): Philip Morris’ $1.2 billion ZYN factory in Aurora explained, including earnings, FDA authorization, competition, jobs, risks, and youth-use concerns. - [Stock Market Earnings Outlook: Why Strong Results Are Colliding With AI Spending, Rate Risk and China Competition](https://businessfinance.news/stock-market-earnings-outlook-why-strong-results-are-colliding-with-ai-spending-rate-risk-and-china-competition/): The stock market earnings outlook is caught between strong profits, record AI spending, rate risk and growing competition from China. - [Mike Wilson’s S&P 500 8,000 Forecast: Why Morgan Stanley Says the Market Is Rotating Toward Quality](https://businessfinance.news/mike-wilsons-sp-500-8000-forecast-why-morgan-stanley-says-the-market-is-rotating-toward-quality/): Mike Wilson S&P 500 forecast analysis: why Morgan Stanley sees 8,000, a quality rotation, and risks from rates, oil, AI spending and earnings. - [Bitcoin’s 2026 Outlook: Fed Risk, the CLARITY Act, Quantum Security and the Shift to 24/7 Markets](https://businessfinance.news/bitcoins-2026-outlook-fed-risk-the-clarity-act-quantum-security-and-the-shift-to-24-7-markets/): Bitcoin’s 2026 outlook hinges on Fed policy, the CLARITY Act, ETF demand, quantum security funding and the rise of 24/7 markets. - [Chip Stock Selloff Deepens as China's Lithography Breakthrough and Nvidia's $750 Billion Deal Push Test the AI Trade](https://businessfinance.news/chip-stock-selloff-deepens-as-chinas-lithography-breakthrough-and-nvidias-750-billion-deal-push-test-the-ai-trade/): Chip stocks fell again on July 28, 2026 as China DUV lithography news, the CXMT listing and Nvidia deal fears met a Fed decision and Big Tech earnings. - [Why Mortgage Rates Hit a 2026 High—and What Iran, Oil and the Fed Mean for Homebuyers](https://businessfinance.news/why-mortgage-rates-hit-a-2026-high-and-what-iran-oil-and-the-fed-mean-for-homebuyers/): Mortgage rates hit a 2026 high as oil and Treasury yields rose. See what Iran, the Fed and housing data mean for U.S. borrowers. - [Russia Sanctions Bill Faces Its Real Test: Can Washington Actually Close the Oil Loophole?](https://businessfinance.news/russia-sanctions-bill-faces-its-real-test-can-washington-actually-close-the-oil-loophole/): The Senate Russia sanctions bill would tariff buyers of Russian oil up to 100%. Why the presidential waiver, not the vote, decides whether it works. - [Inside the Chip Stock Selloff: China's Homegrown DUV Machines, CXMT's $480 Billion Debut and Nvidia's Circular Financing Problem](https://businessfinance.news/inside-the-chip-stock-selloff-chinas-homegrown-duv-machines-cxmts-480-billion-debut-and-nvidias-circular-financing-problem/): Why the chip stock selloff hit hardest in Seoul: China's homegrown DUV lithography, CXMT's record IPO and Nvidia's $750 billion of AI deals, explained. - [Coca-Cola Q2 2026 Earnings: A World Cup Volume Surge, a Second Guidance Raise, and the Arithmetic Nobody Read Aloud](https://businessfinance.news/coca-cola-q2-2026-earnings-a-world-cup-volume-surge-a-second-guidance-raise-and-the-arithmetic-nobody-read-aloud/): Coca-Cola Q2 2026 earnings: 5% volume growth, $13.4B revenue, $0.97 comparable EPS and a raised outlook that implies a slower second half. - [Nvidia’s $250 Billion OpenAI Backstop: How the Ohio AI Megaproject Could Work—and Why Investors Are Uneasy](https://businessfinance.news/nvidias-250-billion-openai-backstop-how-the-ohio-ai-megaproject-could-work-and-why-investors-are-uneasy/): Nvidia OpenAI financing could backstop a $250 billion Ohio data center lease. Here is how the deal may work and why investors are wary. - [CXMT IPO Debut: China's Memory Champion Gained 466% on a 6.7% Float. Here's What That Actually Prices In](https://businessfinance.news/cxmt-ipo-debut-chinas-memory-champion-gained-466-on-a-6-7-float-heres-what-that-actually-prices-in/): CXMT closed up 466% in its STAR Market debut, valuing China's top DRAM maker at $487 billion on a 6.7% float. What that price actually assumes. - [Fanatics Prediction Market Deal With BGC: Why Owning the Exchange Changes the Bet](https://businessfinance.news/fanatics-prediction-market-deal-with-bgc-why-owning-the-exchange-changes-the-bet/): Fanatics’ prediction market deal with BGC adds a regulated exchange and clearinghouse. Here is what it changes and what could go wrong. - [A July 2026 Fed Rate Hike Is Suddenly Live — Just as Markets Stop Rewarding Big Tech's Good News](https://businessfinance.news/a-july-2026-fed-rate-hike-is-suddenly-live-just-as-markets-stop-rewarding-big-techs-good-news/): A July 2026 Fed rate hike is priced near 38% as Microsoft, Meta, Apple and Amazon report, with markets no longer rewarding Big Tech good news. # # Detailed Content ## Pages > Last updated: 28 July 2026 1. About BusinessFinance.news BusinessFinance.news is an independent online publication providing business, financial, economic and market-related news, commentary, analysis and educational information. The website is operated and published from Sweden by Instant Media Access. 2. 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Personal... ## Videos > Nvidia circular financing fears returned as $750B in AI deals hit, sending NVDA down 5% and widening its credit spreads to a record. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/nvidias-750-billion-deal-wave-and-the-circular-financing-question-wall-street-cant-settle/ - Video Category: Bloomberg - Video Tag: AI infrastructure, Alphabet, Amazon, Apple, ASML, Big Tech earnings, Brookfield, Cato Networks, ChapsVision, circular financing, credit default swaps, CXMT, data centers, DRAM prices, HBM, hyperscaler capex, Ilya Sutskever, Jensen Huang, Meta Platforms, Microsoft, Moonshot AI, Naver, NVDA, Nvidia, OpenAI, Palantir, Safe Superintelligence, semiconductors, SK Group, SK Hynix, SoftBank, Vera Rubin - Video Actors: Alison Porter, Dana Wollman, Ed Ludlow, Ian King, Ilya Sutskever, Jensen Huang, Lee Jae Myung, Mandeep Singh, Mark Bergen, Mark Gurman, Michael Burry, Michael Kratsios, Ryan Vlastelica, Sébastien Lecornu, Shlomo Kramer Last updated: July 28, 2026, 10:15 a. m. ET Nvidia spent the last week of July 2026 announcing the largest set of commercial commitments any semiconductor company has ever put its name to, and the market's answer was to sell the stock, widen the cost of insuring its debt, and hand the title of world's most valuable company back to Apple. On Monday, July 27, Nvidia shares fell 4. 99% to close at $196. 51, dropping below $200 for the first time in weeks and dragging the rest of the chip complex down with them. The trigger was not a downgrade, a missed quarter, or a lost customer. It was arithmetic: a report that Nvidia is in talks to guarantee roughly $250 billion of financing for a data center its own largest customer wants to lease. Add that to the $500 billion-plus partnership Nvidia signed with South Korea's SK Group two days earlier, a separate discussion about helping fund as much as $350 billion of OpenAI chip purchases, a $1 billion equity investment in Naver, and a roughly $5 billion check into Ilya Sutskever's Safe Superintelligence, and the running total of announced or reported Nvidia-linked commitments now sits above $750 billion. That figure is the one Bloomberg used in its July 27 report, and it is the number that revived a debate the AI trade thought it had put to bed last year. The question is straightforward to state and genuinely difficult to answer. When the dominant supplier of AI... > Why oil prices stayed below $150 during the Iran war, from China’s demand shock and EV shift to reserve releases and rerouted supply. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/why-oil-prices-stayed-below-150-during-the-u-s-iran-war/ - Video Category: Reuters - Video Tag: Brent crude, China oil demand, crude oil, Donald Trump, electric vehicles, energy markets, International Energy Agency, Iran, oil prices, Saudi Arabia, Saudi Aramco, Strait of Hormuz, Strategic Petroleum Reserve, U.S. oil production, U.S.-Iran war, WTI crude, Yanbu - Video Actors: Chris Wright, Dmitry Zhdannikov, Donald Trump, Fatih Birol, Ilia Bouchouev The effective closure of the Strait of Hormuz should, according to the conventional oil-market playbook, have produced a historic price shock. Before the U. S. -Israeli war with Iran began on February 28, 2026, roughly one-fifth of the world’s oil supply passed through the narrow waterway connecting the Persian Gulf with the Arabian Sea. Analysts openly discussed Brent crude at $150 a barrel, while some estimates extended to $200. That did not happen. Brent futures reached approximately $126 a barrel—well above pre-war levels but still below the record of almost $147 set in 2008. From the start of the war through June 11, Brent averaged about $101. It then briefly fell below $70 in early July after a temporary agreement reopened the strait, rose above $100 when fighting and shipping disruptions intensified again, and settled at $88. 36 on July 27 after the United States paused a renewed air campaign. At 6:10 a. m. GMT on July 28, Brent was trading near $87. 86 and West Texas Intermediate near $82. 24. :contentReference{index=0} The reason oil prices stayed below $150 was not that the Strait of Hormuz proved unimportant. The disruption was immense. Instead, the world responded more quickly—and consumed less oil—than most pre-war forecasts assumed. China sharply reduced crude imports and fuel exports. Its enormous electric-vehicle fleet gave households and businesses alternatives to gasoline and diesel. The United States increased oil production to a record level. International Energy Agency members released emergency reserves. Saudi Arabia redirected crude toward the Red... > Alphabet's negative free cash flow reset how Wall Street grades AI capex monetization. What Microsoft, Meta, Amazon and Apple must prove this week. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/the-ai-capex-monetization-test-why-big-techs-busiest-earnings-week-matters-more-than-the-fed/ - Video Category: Morningstar - Video Tag: AAPL, AI capex, Alphabet, Amazon, AMZN, Apple, AVGO, Brent crude, Broadcom, cloud computing, CNH Industrial, corporate bonds, CPI, data centers, DRAM, earnings season, Federal Reserve, FOMC, free cash flow, GARP stocks, GOOGL, hyperscalers, inflation, INTC, Intel, interest rates, LPL Financial, LPLA, memory prices, META, Meta Platforms, Microsoft, Morningstar, MSFT, NOW, NVDA, Nvidia, oil prices, PEG ratio, Seagate Technology, ServiceNow, SpaceX, Strait of Hormuz, STX, T-Mobile, Tesla, TMUS, TSLA, WTI - Video Actors: Christopher Waller, Dan Romanoff, David Sekera, Donald Trump, Gerrit Marx, Lisa Cook, Philip Jefferson, Susan Dziubinski, Tim Cook Last updated: July 28, 2026, 11:30 a. m. ET Wall Street spent two years rewarding technology companies for spending money on artificial intelligence. Over the past ten days it has started doing the opposite. Alphabet reported the strongest quarter of its life on July 22 — revenue up 24% to $119. 8 billion, cloud revenue up 82%, a backlog that has grown fivefold in twelve months — and the stock fell 7. 4% the next morning because management said 2026 capital spending would land near $200 billion and go higher in 2027. Intel posted its fastest revenue growth since 2011 and dropped roughly 8%. Tesla delivered a record 480,126 vehicles and lost about 14. 5% of its market value in a single session. None of those were bad quarters. All three were repriced anyway, and the common thread is not demand. It is cash. The question the market is now asking every company inside the AI trade is narrower and far less forgiving than the one it asked in 2024: not how fast can you build, but when do you get paid, and what does the building cost you between now and then. That is the AI capex monetization test, and this week it gets applied to the four largest companies in the index. Microsoft and Meta Platforms report after the close on Wednesday, July 29. Apple and Amazon follow on Thursday, July 30. Seagate Technology, whose stock has become the purest expression of the storage shortage, reports Tuesday after... > Stock market outlook for AI spending, falling oil prices, Big Tech earnings and the Fed decision shaping Wall Street this week. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/stock-market-outlook-ai-spending-oil-relief-and-the-feds-high-stakes-week/ - Video Category: Yahoo Finance - Video Tag: AI Spending, Alphabet, Amazon, artificial intelligence, AWS, Azure, Big Tech earnings, Federal Reserve, Google Cloud, inflation, Kevin Warsh, Meta Platforms, Microsoft, Nasdaq, Nvidia, oil prices, S&P 500, Stock Market - Video Actors: Amy Hood, Anat Ashkenazi, Andy Jassy, Kevin Warsh, Mark Zuckerberg, Satya Nadella, Sundar Pichai Wall Street began the final week of July with a burst of relief that quickly turned into a more complicated verdict. Oil prices fell sharply as the United States and Iran paused attacks and returned to dialogue. The Dow Jones Industrial Average gained 0. 5% on Monday, July 27, 2026. Yet the S&P 500 finished almost unchanged and the Nasdaq Composite slipped 0. 2% as investors sold semiconductor shares and questioned the increasingly elaborate financing behind the artificial-intelligence infrastructure boom. The immediate stock market outlook therefore depends on more than whether crude oil keeps falling. The central test is whether Microsoft, Meta Platforms, Amazon and Apple can persuade investors that rising AI capital expenditure is creating durable revenue, higher productivity and defensible profits rather than simply consuming cash at an accelerating rate. That test arrives alongside a Federal Reserve decision on Wednesday, July 29, and major U. S. economic releases on Thursday, including the first estimate of second-quarter gross domestic product and the June personal-consumption-expenditures inflation report. Alphabet has already shown why the debate is difficult. Its second-quarter revenue rose 24% from a year earlier and Google Cloud revenue surged 82% to $24. 8 billion. Cloud operating income more than tripled to $8. 8 billion, lifting the segment’s operating margin to 35. 6%. Those are powerful signs that AI infrastructure and services are producing commercial returns. At the same time, Alphabet spent $44. 9 billion on capital projects in the quarter, reported negative free cash flow of $5. 9 billion... > China DUV lithography report sent the Kospi down 10.8% and hit ASML and Nvidia. What was actually reported, and what markets got wrong. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/china-duv-lithography-report-sends-kospi-down-10-8-as-the-ai-chip-trade-cracks/ - Video Category: Bloomberg - Video Tag: AI capex, Anthropic, ASML, China DUV lithography, circular financing, credit default swaps, CXMT, DRAM prices, Federal Reserve, Hua Hong Semiconductor, Kevin Warsh, Kimi K3, Kospi, Little Tech Association, MATCH Act, memory chips, Moonshot AI, Nikkei 225, NVDA, Nvidia, open-weight AI models, OpenAI, Samsung Electronics, semiconductor export controls, Shanghai Yuliangsheng, SK Hynix, SMIC, SoftBank, STAR Market, Taiex - Video Actors: C.C. Wei, Christophe Fouquet, Dario Amodei, Harry Godfrey, Howard Lutnick, Ilya Sutskever, Jensen Huang, Jing Jie Yu, Kevin Warsh, Lee Eog-weon, Liang Wenfeng, Michael Kratsios, Roger Dassen, Stephen Innes, Suhail Doshi Last updated: July 28, 2026, 4:00 p. m. Eastern Time South Korea's benchmark Kospi index closed 10. 8% lower at 6,023. 66 on Tuesday, July 28, 2026, its worst single session in years, after a report that a state-backed Chinese manufacturer had begun mass-producing immersion deep ultraviolet lithography machines. Samsung Electronics fell 13. 4%. SK Hynix dropped 14. 7%. Between them, the two companies account for close to half the index. Trading was halted briefly by a circuit breaker before resuming lower. The trigger was a single story published on Monday, July 27, by the subscription technology publication The Information, which reported that a Shanghai-based company had started producing immersion DUV scanners and would deliver the first units this year to SMIC, Hua Hong Semiconductor and ChangXin Memory Technologies. The report cited two people familiar with the program. It put output at roughly five machines in 2026 and about 20 in 2027. It did not name the manufacturer. That is the entire factual basis for a move that erased hundreds of billions of dollars of market value across four countries in about eighteen hours. Understanding why so little information produced so much price action is the more interesting question, and it has less to do with lithography than with what the AI trade had become by late July 2026. Key Takeaways Main development: The Information reported on July 27, 2026 that a Shanghai-based, state-backed manufacturer has begun mass-producing immersion DUV lithography systems, with first deliveries to SMIC, Hua Hong and... > Oil plunged after the U.S.-Iran strike pause. Here’s what it means for inflation, gasoline, the Fed, stocks and the Strait of Hormuz. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/oils-9-plunge-was-a-warning-not-an-all-clear-what-the-u-s-iran-pause-means-for-inflation-the-fed-and-markets/ - Video Category: Bloomberg - Video Tag: artificial intelligence, Big Tech earnings, Brent crude, crude oil, Donald Trump, energy markets, Federal Reserve, gasoline prices, inflation, interest rates, Kevin Warsh, market analysis, Middle East, Nvidia, oil prices, Stock Market, Strait of Hormuz, Treasury yields, U.S.-Iran conflict, WTI crude - Video Actors: Benjamin Netanyahu, Carol Massar, Chris Kennedy, Donald Trump, Ed Ludlow, Hakeem Jeffries, Jensen Huang, Joe Mathieu, Kevin Warsh, Rahsaan Shears, Tim Stenovec Crude oil prices suffered one of their sharpest daily reversals of 2026 after the United States paused its latest bombing campaign against Iran and both sides left open the possibility of renewed diplomacy. The move immediately reduced the price traders were willing to pay for the risk of a near-term supply catastrophe in the Persian Gulf. It did not, however, prove that the war was ending, that the Strait of Hormuz was functioning normally, or that the inflation shock facing American households and the Federal Reserve had disappeared. That distinction explains the most important market signal from July 27. Oil plunged, but U. S. stocks barely moved and Treasury yields declined only modestly. West Texas Intermediate futures settled at $82. 61 a barrel, down 7. 5%, while Reuters reported that front-month ICE Brent settled at $88. 36, down 8. 7%. The Associated Press cited a different Brent reference at $85. 87. Those figures should not be treated as interchangeable snapshots; oil publications and market-data services can display different contracts, timestamps, or benchmark references. The common message was nevertheless unmistakable: a large portion of the immediate war premium came out of crude in a matter of hours. The early answer for readers is this: the oil-price collapse is likely to reduce near-term pressure on U. S. gasoline prices, freight costs and headline inflation if it persists. It may make an additional Federal Reserve rate increase less urgent than it appeared when Brent traded above $100. But one trading session cannot reverse... > The July 2026 Fed decision is live as Big Tech earnings land and Nvidia's $750 billion of AI deals revive circular financing concerns. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/july-2026-fed-decision-why-a-rate-hike-is-back-on-the-table-as-big-tech-earnings-and-nvidias-750-billion-deals-collide/ - Video Category: Bloomberg - Video Tag: AI capital expenditure, Alphabet, Amazon, Ancora, Apple, Brent crude, Brown-Forman, Carlyle, circular financing, CME Group, corporate credit, CPI, CXMT, DRAM, earnings season, Federal Reserve, FOMC, H.B. Fuller, inflation, interest rates, Kalshi, Kevin Warsh, memory chips, Meta Platforms, Microsoft, NVDA, Nvidia, OpenAI, PCE, PPI, prediction markets, Safe Superintelligence, Sazerac, single stock futures, SK Group, SK Hynix, SoftBank, Strait of Hormuz, Treasury yields - Video Actors: Akhil Bansal, Benjamin Netanyahu, Celeste Mastin, Chey Tae-won, Donald Trump, Ilya Sutskever, Jensen Huang, John Butters, Kate Moore, Kelly Covley, Kevin Warsh, Mandeep Singh, Michael Burry, Michael McKee, Udesh Jha Last updated: July 28, 2026, 11:30 a. m. CEST (5:30 a. m. ET) The Federal Open Market Committee announces its interest rate decision on Wednesday, July 29, at 2 p. m. Eastern time, and for the first time in more than two years the direction of the surprise runs upward rather than downward. Federal funds futures tracked by the CME FedWatch tool put the odds of no change at roughly 66% as of Monday, July 27, which leaves something close to a one-in-three chance that Chair Kevin Warsh's Fed raises rates for the first time since 2023. Economists surveyed by FactSet and polled by CBS News overwhelmingly expect a hold at the current 3. 50%–3. 75% target range. The market is not so sure. That uncertainty is the story. It is also colliding with the single densest week of the corporate calendar: Microsoft and Meta Platforms report on Wednesday, Apple and Amazon on Thursday, and 177 S&P 500 companies file second-quarter results across five sessions. The June personal consumption expenditures price index — the Fed's preferred inflation gauge — arrives on Thursday morning, one day after the decision. And running underneath all of it is a financing story that has become impossible to separate from the macro one: Nvidia spent the past four days attaching its balance sheet to something in the region of three quarters of a trillion dollars of artificial-intelligence infrastructure, and the credit market noticed. The short answer to the question most readers are asking: the Fed... > Why oil prices fell after the U.S.-Iran strike pause, what it means for gas, inflation and the Fed, and why shipping risks remain. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/why-oil-prices-fell-after-the-u-s-iran-strike-pause-and-why-the-risk-has-not-disappeared/ - Video Category: CBS News - Video Tag: airlines, Bab el-Mandeb, Brent crude, diesel prices, Donald Trump, EIA, energy markets, Federal Reserve, gasoline prices, IEA, inflation, Iran, Kevin Warsh, oil prices, Oman, OPEC, Saudi Arabia, shipping, Strait of Hormuz, Strategic Petroleum Reserve, U.S.-Iran conflict, WTI crude - Video Actors: Christopher Waller, Donald Trump, John Williams, Kevin Warsh, Mike Waltz Oil prices recorded one of their sharpest declines of 2026 after the United States paused its latest round of attacks on Iran and both sides left the door open to diplomacy. Brent crude futures fell $8. 42, or 8. 7%, to settle at $88. 36 a barrel on Monday, July 27, while U. S. West Texas Intermediate fell $6. 70, or 7. 5%, to $82. 61. The retreat continued in early trading on Tuesday, July 28, with Brent falling below $86 and both benchmarks reaching their lowest levels since July 17. The immediate explanation is straightforward: traders removed part of the geopolitical premium that had been added when military escalation threatened oil production, tanker traffic and two of the world’s most important maritime chokepoints. A pause in attacks reduced the probability of an imminent, catastrophic supply interruption. It did not restore normal shipping through the Strait of Hormuz, eliminate the threat to the Bab el-Mandeb route, repair damaged infrastructure or produce a durable peace agreement. That distinction matters. The oil market is not simply pricing how many barrels are available today. It is pricing the probability distribution of what could happen tomorrow. When the chance of a severe disruption falls, prices can drop violently even if physical flows remain impaired. The reverse is also true: a failed negotiation, a new attack on a tanker, damage to a pipeline or renewed restrictions in Hormuz could rebuild the risk premium just as quickly. For U. S. households, the decline offers a possible... > Nvidia’s reported $250 billion OpenAI guarantee could finance a huge Ohio AI campus. Here is how the deal, risks and power plan work. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/nvidias-reported-250-billion-openai-backstop-inside-the-ohio-ai-data-center-financing-plan/ - Video Category: CNBC - Video Tag: AI infrastructure, artificial intelligence, circular financing, data center financing, Howard Lutnick, Jensen Huang, Masayoshi Son, NVDA, Nvidia, Ohio data centers, OpenAI, Sam Altman, SB Energy, SoftBank, Stargate - Video Actors: Howard Lutnick, Jensen Huang, Masayoshi Son, Sam Altman Nvidia is reportedly negotiating an extraordinary financial guarantee of roughly $250 billion that could help OpenAI lease and finance a proposed 10-gigawatt artificial-intelligence data center campus in southern Ohio. The reported arrangement is not a completed loan, a signed guarantee, or a direct $250 billion cash payment. It is a potential credit backstop designed to make lenders more comfortable funding the construction and long-term lease obligations of a project being developed by SB Energy, a SoftBank Group company. The distinction matters. A guarantee can create enormous contingent exposure without requiring the guarantor to transfer the full amount at closing. Nvidia would generally be called upon only if the relevant borrower, tenant, or project vehicle failed to meet covered obligations, subject to whatever limits, collateral, performance conditions, and loss-sharing provisions appear in the final contracts. Yet the scale under discussion is so large that investors treated the report as more than an ordinary commercial partnership. Nvidia shares fell about 5% on July 27, 2026, after The Wall Street Journal reported the talks. The proposal also reportedly sits beside separate discussions under which Nvidia could help finance as much as $350 billion of chips for the site. Those two figures should not be added together and described as a $600 billion check from Nvidia. They refer to different potential arrangements: one involving lease and project financing, and another involving the acquisition or financing of computing hardware. Neither has been finalized, and the eventual commitments could be smaller, phased over many years, shared... > CXMT’s IPO surged 466% in Shanghai. Here is what the valuation, tiny float, DRAM boom, financials and U.S. restrictions mean. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/cxmt-ipo-inside-the-466-debut-that-repriced-chinas-memory-chip-ambitions/ - Video Category: CNA - Video Tag: artificial intelligence, ChangXin Memory Technologies, China semiconductor industry, China stocks, CXMT, DRAM, HBM, memory chips, Micron Technology, Samsung Electronics, semiconductor IPO, Shanghai STAR Market, SK Hynix - Video Actors: Zhu Yiming Last updated: July 28, 2026, 6:15 a. m. EDT (12:15 p. m. CEST). Market prices are identified by date and should not be treated as real-time quotations. China’s largest domestic maker of dynamic random-access memory, CXMT Corp. , completed one of the most dramatic stock-market debuts in modern Chinese history on July 27. The shares closed at 49 yuan on Shanghai’s STAR Market, 466% above the 8. 66-yuan initial public offering price, after touching 55. 03 yuan during the session. That closing price valued the company at roughly 3. 3 trillion yuan, or about $488 billion at the exchange rate used in contemporaneous reporting. For several hours, a chipmaker founded only a decade earlier was worth more on paper than Industrial and Commercial Bank of China, the country’s largest bank by assets. The immediate answer to why the CXMT IPO rose so far is not a single story. It was the collision of four forces: a sharply improving memory-chip cycle, an extraordinary financial turnaround at CXMT, national enthusiasm for semiconductor self-sufficiency, and a listing structure that left only 6. 73% of the enlarged share capital freely tradable. The first three factors help explain why investors wanted the stock. The fourth helps explain why the price could move by hundreds of percent in one day. That distinction matters. CXMT is no speculative shell. Its prospectus describes a company that increased revenue from 9. 09 billion yuan in 2023 to 61. 80 billion yuan in 2025, moved from deep losses to profitability,... > Philip Morris’ $1.2 billion ZYN factory in Aurora explained, including earnings, FDA authorization, competition, jobs, risks, and youth-use concerns. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/philip-morris-doubles-down-on-zyn-with-a-1-2-billion-colorado-manufacturing-bet/ - Video Category: Fox Business - Video Tag: Altria, Aurora Colorado, British American Tobacco, corporate investment, FDA, Jacek Olczak, modified risk tobacco products, nicotine pouches, on!, Philip Morris International, PMI, public health, smoke-free products, Stacey Kennedy, Swedish Match, tobacco industry, U.S. manufacturing, VELO, youth nicotine use, ZYN - Video Actors: Bret Koplow, Emmanuel Babeau, Jacek Olczak, Jared Polis, Jim O’Leary, Mike Coffman, Stacey Kennedy Philip Morris International has turned a fast-growing consumer product into one of the largest new U. S. manufacturing commitments in the tobacco and nicotine industry. On July 27, 2026, the company opened a roughly 780,000-square-foot campus in Aurora, Colorado, and said planned capital spending on the site would reach approximately $1. 2 billion between 2024 and 2028—double the $600 million project announced two years earlier. The central business story is not simply that a large factory opened. The larger point is that Philip Morris International, historically dependent on cigarettes sold outside the United States, is committing substantial capital to ZYN nicotine pouches at the same moment that the brand faces stronger competition, more complicated pricing decisions, and heightened scrutiny over youth use. The new campus gives the company more production capacity and a broader domestic supply chain. It also raises the stakes: the economics of the investment will depend on sustained category growth, successful product launches, disciplined marketing, favorable regulation, and the company’s ability to convert demand into durable profits rather than temporary volume. PMI says the facility moved from groundbreaking to commercial-level shipments in about 19 months. Approximately $1 billion of the planned investment has already been incurred, with the remaining spending intended for additional capacity, equipment, infrastructure, and future capabilities through 2028. The campus is designed to combine production, packaging, warehousing, and distribution, and the company says it will eventually support exports to markets in Asia, Latin America, and the Caribbean as well as U. S. demand. The... > The stock market earnings outlook is caught between strong profits, record AI spending, rate risk and growing competition from China. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/stock-market-earnings-outlook-why-strong-results-are-colliding-with-ai-spending-rate-risk-and-china-competition/ - Video Category: Fox Business - Video Tag: AI capital spending, Alphabet, Amazon, artificial intelligence, AWS, China technology, CXMT, cybersecurity, Federal Reserve, Google Cloud, inflation, interest rates, Kimi K3, Meta Platforms, Moonshot AI, oil prices, Palo Alto Networks, semiconductor testing, stock market earnings, Teradyne - Video Actors: Andy Jassy, Charles Payne, Greg Smith, Kevin Warsh, Mark Zuckerberg, Nikesh Arora, Sevasti Balafas, Sundar Pichai Last updated: July 28, 2026, 8:00 a. m. EDT Corporate America is entering one of the most consequential stretches of the 2026 earnings season with an unusual problem: strong results are no longer enough. Revenue growth can beat expectations, cloud businesses can accelerate, artificial-intelligence demand can remain intense, and management teams can lift spending plans—yet the shares can still fall. The market is not simply asking whether profits are rising. It is asking how much capital must be committed to produce those profits, how quickly that capital can earn an acceptable return, and whether higher interest rates, energy costs, geopolitical risk and new competition from China will erode the value of the growth being reported. That tension defines the current stock market earnings outlook. On one side are expanding cloud revenue, resilient advertising demand, heavy orders for semiconductor equipment and the broad commercialization of generative AI. On the other are record capital expenditures, pressure on free cash flow, an uncertain Federal Reserve path, volatile oil prices and a growing possibility that Chinese technology companies will compete through lower prices, open models and large-scale domestic manufacturing. The result is a market that can reward execution over several years while punishing the same company over several hours. The latest example is Alphabet. The Google parent reported second-quarter revenue of $119. 8 billion, up 24% from a year earlier, while Google Cloud revenue surged 82% to $24. 8 billion. Those are not weak numbers. They are the kind of figures that would normally... > Mike Wilson S&P 500 forecast analysis: why Morgan Stanley sees 8,000, a quality rotation, and risks from rates, oil, AI spending and earnings. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/mike-wilsons-sp-500-8000-forecast-why-morgan-stanley-says-the-market-is-rotating-toward-quality/ - Video Category: CNBC - Video Tag: artificial intelligence, earnings, Federal Reserve, free cash flow, inflation, interest rates, Kevin Warsh, Magnificent Seven, Microsoft, Mike Wilson, Morgan Stanley, oil prices, quality rotation, S&P 500, semiconductors, stock market outlook - Video Actors: Amy Hood, Kevin Warsh, Mike Wilson, Satya Nadella Morgan Stanley’s Mike Wilson is still calling for the S&P 500 to finish 2026 at 8,000, but the route he describes is no longer the easy, broad early-cycle rally that lifted economically sensitive stocks after the market’s previous low. His latest argument is more selective: the “rolling recovery” in the U. S. economy is entering a mid-cycle phase, earnings revisions are losing momentum at the margin, semiconductor leadership has weakened, and investors are beginning to favor companies with dependable profits, strong balance sheets and credible free-cash-flow generation. That distinction matters because the index itself has remained unusually resilient while some of its former leaders have suffered much deeper corrections. The S&P 500 stood at 7,413. 18 on July 27, 2026, only modestly below its recent high, even as global chip stocks came under severe pressure. From that level, Wilson’s 8,000 year-end target implied approximately 7. 9% further upside. His suggested 7,000 downside level implied a decline of roughly 5. 6% from the July 27 close, followed by a potential 14. 3% rebound if the index then reached 8,000. The forecast is therefore not a claim that volatility has ended. It is a claim that the market can absorb a rotation, an inflation scare, uncertainty surrounding the Federal Reserve and a correction in artificial-intelligence hardware without ending the broader bull-market structure. Wilson’s emphasis on “quality” is the mechanism that connects those ideas. In his framework, the market is not abandoning growth. It is demanding more proof that growth produces cash, that... > Bitcoin’s 2026 outlook hinges on Fed policy, the CLARITY Act, ETF demand, quantum security funding and the rise of 24/7 markets. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/bitcoins-2026-outlook-fed-risk-the-clarity-act-quantum-security-and-the-shift-to-24-7-markets/ - Video Category: CoinDesk - Video Tag: bitcoin, Bitcoin ETFs, Bitcoin price, Bitcoin Security Consortium, BlackRock, Charles Schwab, CLARITY Act, Coinbase, crypto markets, cryptocurrency, digital asset regulation, Ethereum ETFs, Federal Reserve, Galaxy Digital, interest rates, perpetual futures, quantum computing, Robinhood, tokenized assets - Video Actors: Alex Thorn, Barry Sanders, Cynthia Lummis, Damien Bérubé, Elizabeth Warren, Eran Tromer, Griffin Sears, Jennifer Sanasie, Jim Ferraioli, Kevin Warsh, Mike Schmidt, Tim Scott Bitcoin entered the final week of July 2026 with four unusually different forces pulling on the market at once. The Federal Reserve began a two-day policy meeting amid a meaningful risk of a surprise rate increase. The U. S. Senate postponed immediate consideration of the CLARITY Act, dimming hopes that comprehensive crypto-market legislation would clear Congress before the August recess. Major asset managers, custodians and Bitcoin companies committed new money to long-term network security, including work on post-quantum defenses. At the same time, perpetual futures and tokenized assets continued moving beyond crypto into oil, equities and private-market exposure, challenging the traditional idea that markets should close every evening and weekend. The early answer for readers searching for a Bitcoin 2026 outlook is therefore more complicated than a single price target. Bitcoin’s next move is likely to depend on whether macroeconomic pressure, regulatory progress, institutional demand and market leverage reinforce one another or pull in opposite directions. A rate hike could tighten financial conditions and trigger leveraged selling. A credible legislative framework could improve the economics of U. S. crypto businesses and revive an institutional-adoption narrative. Continued exchange-traded fund inflows could stabilize demand, although recent flows have been modest and trading volume has weakened. Security funding may not move the price tomorrow, but it matters to investors who increasingly hold Bitcoin through regulated products and public companies. Meanwhile, 24/7 derivatives can deepen liquidity and improve hedging while also creating new channels for leverage, price dislocation and weekend contagion. As of the... > Chip stocks fell again on July 28, 2026 as China DUV lithography news, the CXMT listing and Nvidia deal fears met a Fed decision and Big Tech earnings. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/chip-stock-selloff-deepens-as-chinas-lithography-breakthrough-and-nvidias-750-billion-deal-push-test-the-ai-trade/ - Video Category: Google Finance - Video Tag: AI capital expenditure, Alphabet, Amazon, Apple, ASML, bitcoin, Brent crude, China semiconductors, chip stocks, circular financing, CPI, crypto bear market, CXMT, DRAM, DUV lithography, EUV, Federal Reserve, FOMC, gold, GOOGL, Google Cloud, interest rates, Kevin Warsh, Kioxia, memory chips, Mercedes-Benz, Meta Platforms, Micron, Microsoft, NAND, Nikkei 225, NVDA, Nvidia, oil prices, OpenAI, Philips, Saipem, SanDisk, semiconductors, SK Hynix, SMIC, SoftBank, STOXX 600, Strait of Hormuz, Unilever, US dollar, US inflation, US Iran conflict - Video Actors: Donald Trump, Jensen Huang, Jerome Powell, Kevin Warsh, Michael Burry, Sam Altman Last updated: July 28, 2026, 2:30 p. m. CEST (8:30 a. m. ET) The global equity market split cleanly in two on Tuesday, and the fault line ran straight through the artificial-intelligence trade. Semiconductor and AI-linked shares were sold hard for a third consecutive session across Asia and Europe, while consumer staples, autos and other unglamorous cash-generative businesses attracted the money coming out of them. Japan's Nikkei 225 closed roughly 4% lower, its weakest finish in more than two months. The pan-European STOXX 600 nevertheless edged higher, with the technology sub-index down about 0. 8% and consumer names sharply up. In the United States, Nasdaq 100 futures pointed to a lower open even as Dow futures pointed higher — an unusually wide divergence between two indexes that normally move together. This is not a market in broad retreat. It is a market changing its mind about one specific thing: whether the enormous capital being poured into AI infrastructure will earn a return, and who is actually paying for it. Three events over the previous four trading days did the damage. First, reporting by The Information that a Chinese state-backed group has begun mass-producing domestically developed immersion deep-ultraviolet lithography machines knocked ASML shares to their lowest level since June and dragged the entire chip-equipment complex with them. Second, Chinese memory maker ChangXin Memory Technologies — CXMT — surged roughly 470% on its Shanghai debut on Monday in the largest mainland Chinese listing since 2010, an event that simultaneously validated the memory... > Mortgage rates hit a 2026 high as oil and Treasury yields rose. See what Iran, the Fed and housing data mean for U.S. borrowers. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/why-mortgage-rates-hit-a-2026-high-and-what-iran-oil-and-the-fed-mean-for-homebuyers/ - Video Category: HousingWire - Video Tag: 10-year Treasury yield, 30-year mortgage rate, Brent crude, Federal Reserve, Freddie Mac, home affordability, homebuyers, housing market, inflation, interest rates, Iran conflict, MBS spreads, Mortgage Bankers Association, Mortgage News Daily, mortgage rates, mortgage rates 2026, mortgage-backed securities, oil prices, real estate, Treasury bonds, U.S. economy, unemployment claims - Video Actors: Donald Trump, Kevin Warsh, Logan Mohtashami, Sarah Wheeler Currentness note: Reporting and market data in this article were checked through July 28, 2026, at approximately 10:00 a. m. Eastern Time. Mortgage rates, Treasury yields, oil prices and policy probabilities can change intraday. U. S. mortgage rates climbed to their highest level in more than a year on July 23, 2026, as a renewed escalation in the Iran conflict pushed oil above $100 a barrel, lifted inflation anxiety and drove the 10-year Treasury yield to 4. 71%. Mortgage News Daily’s daily index put the average top-tier 30-year fixed rate at 6. 85% that day. Freddie Mac’s weekly survey, which averages lender quotes collected over several days, showed a lower 6. 58%. The Mortgage Bankers Association’s weekly measure had also moved higher, reaching 6. 69% for the week ending July 17. Those numbers are not contradictory. They describe different samples, borrower assumptions and time windows. Together, they tell a consistent story: borrowing costs rose sharply from their late-February levels, approached the psychologically important 7% threshold and tightened an already difficult U. S. housing market. The immediate catalyst was geopolitical, but the transmission mechanism was financial. The market did not simply react to the existence of a war. Investors repriced the risk that disrupted energy supplies could keep inflation elevated, make the Federal Reserve more reluctant to ease policy and perhaps force it to raise rates again. That repricing lifted Treasury yields and mortgage-backed securities yields, which lenders then translated into more expensive home loans. The story also changed quickly. By... > The Senate Russia sanctions bill would tariff buyers of Russian oil up to 100%. Why the presidential waiver, not the vote, decides whether it works. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/russia-sanctions-bill-faces-its-real-test-can-washington-actually-close-the-oil-loophole/ - Video Category: CNN - Video Tag: Bank of Russia, Bill Browder, Brent crude, China oil imports, Darline Graham Nordone, Donald Trump, Gazprombank, India oil imports, Jeanne Shaheen, John Thune, Lindsey O. Graham Sanctioning Russia Act, Lukoil, oil price cap, Richard Blumenthal, Rosneft, Russia sanctions, Russian economy, Russian oil, S.5025, Sberbank, Scott Bessent, secondary tariffs, shadow fleet, Strait of Hormuz, Ukraine drone strikes, Urals crude, US Senate, Vladimir Putin, Volodymyr Zelensky, William Taylor, Yamal LNG - Video Actors: Alexander Novak, Anton Siluanov, Bill Browder, Chuck Schumer, Daniel Fried, Darline Graham Nordone, Donald Trump, Gregory Meeks, Jared Kushner, Jeanne Shaheen, John Kennedy, John Thune, Lindsey Graham, Mike Waltz, Narendra Modi, Peter Welch, Raphael Warnock, Richard Blumenthal, Ron Wyden, Scott Bessent, Steve Witkoff, Thom Tillis, Vladimir Putin, Volodymyr Zelensky, William Taylor Last updated: July 28, 2026, 6:00 p. m. ET The Senate is on the brink of voting on the most far-reaching Russia sanctions legislation Congress has produced since the full-scale invasion began — a bill that would, for the first time, put a 100% tariff on the countries buying the crude oil that pays for the war. Majority Leader John Thune has filed cloture on S. 5025, the Lindsey O. Graham Sanctioning Russia Act of 2026, teeing up a procedural vote that could come as soon as Tuesday, July 28. The bill carries more than 60 cosponsors, a filibuster-proof number on paper. It also carries a presidential waiver, and that waiver is why the outcome of a Senate vote will settle far less than the headline suggests. Here is the short answer to the question most readers are asking: the legislation would make sanctions on Vladimir Putin, Russia's central bank, Sberbank, Gazprombank, Rosneft-scale state enterprises and the Arctic LNG projects mandatory within 30 days of enactment, and would impose tariffs of up to 100% on the five largest purchasers of Russian crude and natural gas — a group that plainly means China and India. But every one of those measures can be waived by the president on a national-interest certification to Congress. The Trump administration has already spent much of 2026 doing the functional opposite of what the bill contemplates, issuing and repeatedly extending general licenses that let buyers purchase Russian oil in order to keep global prices down during... > Why the chip stock selloff hit hardest in Seoul: China's homegrown DUV lithography, CXMT's record IPO and Nvidia's $750 billion of AI deals, explained. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/inside-the-chip-stock-selloff-chinas-homegrown-duv-machines-cxmts-480-billion-debut-and-nvidias-circular-financing-problem/ - Video Category: ANC 24/7 - Video Tag: AI capital expenditure, Alphabet capex, ASML, Bangko Sentral ng Pilipinas, BDO Unibank, Brent crude, ChangXin Memory Technologies, chip stock selloff, circular financing, CXMT, DRAM prices, DUV lithography, Eli Remolona, EUV lithography, export controls, Federal Reserve, HBM, Hua Hong Semiconductor, Kevin Warsh, Kioxia, Korea Exchange circuit breaker, Kospi, MediaTek, Micron Technology, Nasdaq 100 correction, NVDA, Nvidia, OpenAI, Petron, PSEi, Samsung Electronics, SanDisk, semiconductor stocks, Shanghai Aishengna, SK Group, SK Hynix, SMIC, Strait of Hormuz, Tokyo Electron, TrendForce, TSMC - Video Actors: Bill Adams, Chey Tae-won, Donald Trump, Eli M. Remolona Jr., Fanny Potkin, Ferdinand Marcos Jr., Han Ji-young, Ipek Ozkardeskaya, Jensen Huang, Kevin Warsh, Kim Seok-hwan, Lee Jae Myung, Sanne van der Lugt, Seyyed Abbas Araqchi, Toby Sterling Last updated: July 28, 2026, 4:45 p. m. Eastern Time South Korea's benchmark stock index lost 10. 84% on Tuesday, July 28, 2026 — its worst session since the outbreak of the Middle East war in March, and the eighth time this year that the Korea Exchange has been forced to halt all trading. The Kospi closed at 6,023. 66, roughly a third below the record it set five weeks earlier. Samsung Electronics fell 13. 39%. SK hynix fell 14. 65%. In Tokyo, Kioxia lost 18. 33% and Tokyo Electron 10. 96%. Taiwan's Taiex dropped 4. 65%. By the time New York opened, Micron was down close to 9% and SanDisk close to 15%. The immediate trigger for the chip stock selloff was not an earnings miss, a guidance cut or a demand warning. It was a 900-word scoop about a machine. On Monday, July 27, the technology news site The Information reported that a state-backed company in Shanghai had begun manufacturing immersion deep-ultraviolet lithography systems — the class of tool that prints circuit patterns onto silicon wafers, and a market the Dutch company ASML has dominated for two decades. Reuters confirmed the substance of the report the following morning and went further, naming the company: Shanghai Aishengna Electronic Technology Group, a firm with no website, no public disclosures and 7 billion yuan of registered capital, incorporated less than three years ago. That report landed on a market already braced for trouble. Hours earlier, ChangXin Memory Technologies — China's largest... > Coca-Cola Q2 2026 earnings: 5% volume growth, $13.4B revenue, $0.97 comparable EPS and a raised outlook that implies a slower second half. - Published: 2026-07-28 - Modified: 2026-07-28 - URL: https://businessfinance.news/coca-cola-q2-2026-earnings-a-world-cup-volume-surge-a-second-guidance-raise-and-the-arithmetic-nobody-read-aloud/ - Video Category: CNBC - Video Tag: Coca-Cola, Coca-Cola Beverages Africa, Coca-Cola Zero Sugar, consumer staples, dividend king, earnings report, fairlife, FIFA World Cup 2026, Henrique Braun, IRS transfer pricing, John Murphy, KO, NYSE, organic revenue, PepsiCo, Powerade, Q2 2026 earnings, ransomware, The Coca-Cola Company, unit case volume - Video Actors: Andrea Teixeira, Bonnie Herzog, Chris Carey, Dara Mohsenian, Filippo Falorni, Henrique Braun, James Quincey, John Murphy, Kaumil Gajrawala, Lauren Lieberman, Peter Galbo, Peter Grom, Rob Ottenstein, Sara Eisen, Todd Beiger Last updated: July 28, 2026, 6:30 p. m. Eastern Time The Coca-Cola Company sold more drinks in the three months ended July 3, 2026, than it has in any comparable stretch since before the pandemic, raised its full-year profit outlook for the second consecutive quarter, and watched its shares close at a record. That is the short version of the Q2 2026 Coca-Cola earnings report, and it is accurate as far as it goes. The longer version is more interesting. Global unit case volume grew 5%. Net revenues rose 7% to $13. 4 billion. Comparable earnings per share of $0. 97 came in four cents ahead of the consensus estimate. Management lifted comparable EPS growth guidance to 9%–10% from 8%–9% and pushed organic revenue growth to approximately 5% from a 4%–5% range. Shares finished Tuesday at $88. 27 on the New York Stock Exchange, up 5. 00% from Monday's $84. 07 close, after touching an intraday high of $90. 22 that set a fresh 52-week peak. And yet the same guidance that triggered the rally implies a sharp deceleration in the back half of the year. Do the arithmetic on the company's own numbers and the second half of 2026 is guided to comparable EPS growth of roughly 3% to 5%, against the 14% Coca-Cola just delivered in the first six months. Management flagged the mechanical reasons — six fewer selling days in the fourth quarter, harder year-over-year comparisons, the pending sale of its African bottling business — but did... > Nvidia OpenAI financing could backstop a $250 billion Ohio data center lease. Here is how the deal may work and why investors are wary. - Published: 2026-07-27 - Modified: 2026-07-28 - URL: https://businessfinance.news/nvidias-250-billion-openai-backstop-how-the-ohio-ai-megaproject-could-work-and-why-investors-are-uneasy/ - Video Category: Bloomberg - Video Tag: AEP Ohio, AI data centers, artificial intelligence, circular financing, data center debt, FERC, GPU financing, Jensen Huang, NVDA, Nvidia, Nvidia stock, Ohio, OpenAI, Portsmouth Site, Sam Altman, SB Energy, SoftBank, Stargate, U.S. Department of Energy, vendor financing - Video Actors: Jensen Huang, Sam Altman Last updated: July 27, 2026, 3:50 p. m. EDT Nvidia is discussing a financial guarantee of as much as $250 billion that could help OpenAI lease an enormous artificial-intelligence data center campus in southern Ohio. The prospective arrangement is not a signed investment, not a confirmed loan from Nvidia to OpenAI, and not evidence that $250 billion has already changed hands. It is a reported credit backstop—potentially one of the largest corporate guarantees ever contemplated—designed to make a 10-gigawatt infrastructure project easier and cheaper to finance. The distinction matters. Under the structure described by The Wall Street Journal’s original report, Nvidia would lend its balance-sheet strength to obligations connected with the campus, which is being developed by SoftBank’s SB Energy. OpenAI could become the principal tenant under a long-term lease. Banks and other lenders would be more willing to fund construction if Nvidia agreed to absorb specified losses or payments in the event that OpenAI or another project party failed to perform. A separate element under discussion could be even larger in nominal terms: Nvidia may also help finance as much as $350 billion of graphics processors and related computing equipment for the site, according to Reuters Breakingviews. Those two figures should not be casually added and described as a firm $600 billion commitment. They are reported upper bounds attached to different parts of a still-evolving transaction, and the final obligations could be smaller, phased over many years, conditional on construction milestones, shared with other guarantors, or never completed at... > CXMT closed up 466% in its STAR Market debut, valuing China's top DRAM maker at $487 billion on a 6.7% float. What that price actually assumes. - Published: 2026-07-27 - Modified: 2026-07-28 - URL: https://businessfinance.news/cxmt-ipo-debut-chinas-memory-champion-gained-466-on-a-6-7-float-heres-what-that-actually-prices-in/ - Video Category: CNBC - Video Tag: ASML, Big Fund, ChangXin Memory Technologies, China semiconductors, CXMT, DRAM, Entity List, export controls, HBM, IPO, memory chips, Micron Technology, MU, Samsung Electronics, Section 1260H, semiconductor self-sufficiency, Shanghai Stock Exchange, SK Hynix, SKHY, STAR Market, YMTC, Zhu Yiming - Video Actors: Brian Mast, Chen Nanxiang, David Goeckeler, Fanny Potkin, John Moolenaar, Kyle Chan, MS Hwang, Ray Wang, Theodore Shou, Zhu Yiming Last updated: July 27, 2026, 6:15 p. m. ET ChangXin Memory Technologies closed its first day of trading on Shanghai's STAR Market at 49. 00 yuan, up 466% from an offer price of 8. 66 yuan. That single session moved China's largest DRAM manufacturer from a company nobody could buy to the most valuable business listed on a mainland Chinese exchange, at roughly 3. 3 trillion yuan — about $487 billion at Monday's exchange rate of approximately 6. 77 yuan to the dollar. The number that explains the number is 6. 73%. That is the share of CXMT's enlarged capital that was actually free to trade on Monday. Everything else — the founder's stake, the state investment vehicles, the strategic allocations to Alibaba, Tencent, Xiaomi, Meituan, ZTE, Chery and NIO — sits behind lockups running from twelve to thirty-six months. A little over four and a half billion shares changed hands against a valuation built on roughly sixty-seven billion. That does not make the debut fake. CXMT's operating turnaround is real, documented in its prospectus, and larger than almost anything in the recent history of the semiconductor industry. First-quarter revenue rose 719% year over year. A company that lost money for nine consecutive years now expects to book more profit in six months than most listed Chinese firms earn in a decade. But the gap between what the business has proven and what Monday's close assumes is wide enough to matter, and the mechanics of a 6. 73% float are... > Fanatics’ prediction market deal with BGC adds a regulated exchange and clearinghouse. Here is what it changes and what could go wrong. - Published: 2026-07-27 - Modified: 2026-07-28 - URL: https://businessfinance.news/fanatics-prediction-market-deal-with-bgc-why-owning-the-exchange-changes-the-bet/ - Video Category: Bloomberg - Video Tag: BGC Group, CFTC, Crypto.com, CX Clearinghouse, derivatives exchanges, DraftKings, event contracts, Fanatics, Fanatics Markets, FanDuel, Kalshi, market infrastructure, Polymarket, prediction markets, sports betting, Water Street Labs - Video Actors: John Abularrage, Matt King, Michael Rubin Fanatics is moving beyond distributing prediction contracts through another company’s infrastructure. Under an agreement announced on July 27, 2026, the sports-commerce and betting group plans to acquire Water Street Labs LLC, a federally regulated derivatives exchange, and CX Clearinghouse LP, a federally regulated clearinghouse, from BGC Group Inc. The companies also intend to form a broader partnership designed to connect Fanatics’ consumer audience with BGC’s institutional trading, liquidity, market-data, and analytics capabilities. The purchase price, expected closing date, financing structure, and other financial terms were not disclosed. The transaction therefore cannot yet be evaluated as a conventional acquisition in which investors compare a known purchase price with expected revenue, cost savings, or earnings. Its strategic meaning is clearer: Fanatics wants to control the regulated machinery beneath its prediction-market product rather than rely indefinitely on an outside exchange and clearing provider. That distinction matters. A consumer app can attract users, display prices, process instructions, and distribute contracts while another regulated entity lists the markets, matches orders, administers trading rules, holds collateral, clears transactions, determines settlement, conducts surveillance, and manages defaults. Owning the exchange and clearinghouse gives Fanatics more influence over which permitted products are developed, how quickly they reach the market, how trading is structured, how liquidity programs are designed, and how transaction data may eventually be commercialized. It also gives Fanatics more responsibility. Operating a designated contract market and derivatives clearing organization is not merely a software or branding exercise. It requires governance safeguards, market surveillance, financial resources, cybersecurity controls,... > A July 2026 Fed rate hike is priced near 38% as Microsoft, Meta, Apple and Amazon report, with markets no longer rewarding Big Tech good news. - Published: 2026-07-27 - Modified: 2026-07-28 - URL: https://businessfinance.news/a-july-2026-fed-rate-hike-is-suddenly-live-just-as-markets-stop-rewarding-big-techs-good-news/ - Video Category: Bloomberg - Video Tag: AI capex, Alphabet, Amazon, Apple, artificial intelligence, Big Tech earnings, Brent crude, CoreWeave, corporate bonds, credit markets, CXMT, data centers, DRAM, Federal Reserve, FOMC, inflation, Intel, interest rates, Iran, Kevin Warsh, memory chips, Meta Platforms, Microsoft, Nvidia, oil prices, OpenAI, Oracle, S&P 500, Strait of Hormuz, Treasury yields - Video Actors: Amanda Lynam, Donald Trump, Jensen Huang, Kevin Warsh, Krishna Guha, Lisa Shalett, Mike Waltz, Mike Wilson, Savita Subramanian, Seema Shah, Tyler Radke, Victoria Coates Last updated: July 27, 2026, 4:15 p. m. ET The Federal Open Market Committee meets Tuesday and Wednesday, July 28 and 29, and the overwhelming consensus is that it does nothing. That consensus is also, right now, only about 60 cents on the dollar. Fed funds futures moved to roughly a 38% implied probability of a quarter-point hike as of July 23, up from under 12% a week earlier, and to something near 80% for a hike by the September meeting. A committee that has held its target range at 3. 50%–3. 75% is being asked, for the first time in this cycle, whether it should be going the other way. So the short answer to the question most people are typing into a search box this week: a July 2026 Fed rate hike is unlikely but no longer implausible, and the market is pricing it as a live risk rather than a tail scenario. What makes this particular week unusual is not the Fed decision on its own. It is that the decision lands in the same 48 hours as earnings from Microsoft, Meta Platforms, Apple and Amazon — four companies that together account for roughly a fifth of the S&P 500 by weight — at precisely the moment when the equity market has started punishing those companies for spending money. That is the connective tissue of this story, and it is easy to miss if you treat the Fed and Big Tech as separate calendar events. The artificial-intelligence...