US-Iran Stalemate, Intel Soars & EU Opens Door to Ukraine Joining | Daybreak Europe 04/24/2026

Watch on YouTube ↗  |  April 24, 2026 at 06:53  |  46:30  |  Bloomberg Markets
Speakers
Emma Wall — Chief Investment Strategist, Hargreaves Lansdown
Paul Dobson — Executive Editor, Bloomberg
Stuart Livingstone-Wallace — Bloomberg Executive Editor for Middle East, North Africa, and Russia

Summary

The video covers oil's weekly gain due to the Iran-Hormuz standoff, Intel's surge on a strong AI-driven forecast, and EU opening membership talks with Ukraine. It also discusses SAP's earnings beat, Meta and Microsoft job cuts, and the outlook for central bank decisions next week.

  • Oil heads for biggest weekly gain since start of Iran war as Strait of Hormuz remains closed.
  • Intel shares jump 20% after hours on blockbuster sales forecast tied to AI inferencing demand.
  • Bloomberg learns Meta and Microsoft planning up to 23,000 job cuts to fund AI plans.
  • SAP reports better-than-expected cloud growth, signaling successful AI pivot.
  • EU leaders agree to begin first accession negotiations with Ukraine in coming weeks.
  • PMI data for Europe disappoints, raising concerns about economic activity amid energy price pressures.
  • Investors are cautiously watching central bank decisions from the Fed, BOE, and BOJ next week.
  • Emma Wall favors Meta and Microsoft as best positioned for AI earnings season.
Trade Ideas
Matt Bloxham Head of Research, The Block 9:09
Intel benefits from AI inferencing phase.
Intel is benefiting from the shift from AI training to inferencing, where its CPU chips are well-suited, and its foundry business is showing signs of demand from external customers like Elon Musk, with a strengthened balance sheet.
INTC HIGH
Matt Bloxham Head of Research, The Block 11:51
SAP AI pivot driving order growth.
SAP reported better-than-expected cloud growth and a 25% year-on-year increase in its order book, signaling that its AI pivot is gaining traction and helping defend against competition, despite some pricing model uncertainties.
SAP MED
Emma Wall Chief Investment Strategist, Hargreaves Lansdown 35:53
Meta and Microsoft best positioned for AI.
Meta and Microsoft are two of the best-positioned names among the Magnificent Seven to benefit from the AI trade, as their upcoming earnings will show how AI spending is translating into revenue, and they have announced job cuts to fund AI investments.
META MSFT MED
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This Bloomberg Markets video, published April 24, 2026, features Matt Bloxham, Emma Wall discussing INTC, SAP, META, MSFT. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Matt Bloxham, Emma Wall  · Tickers: INTC, SAP, META, MSFT