July 24, 2026 Morning Broadcast Full View: New York Stock Market Closes Down as WTI Breaks $90... Intel Makes a 'Reversal'!

Summary

The July 24, 2026 broadcast covers a sharp drop in New York stocks as WTI oil breaks $90 and Brent hits $100 on intensifying US-Iran tensions. Intel's strong earnings spark a reversal, while SK Hynix ADR premium is expected to persist. Korean semiconductor leaders are seen as oversold and poised to rebound on AI demand. Renewable energy stocks benefit from data center power needs, and ABL Bio's brain shuttle technology is flagged as a long-term watch. Crude oil and wheat face supply-driven upside risk from the Hormuz blockade and fertilizer shortages. Quantitative analysis suggests a 25-35% KOSPI recovery driven by foreign inflows, while governance reforms support Korean dividend-paying financials.

• NY markets fall as WTI exceeds $90 and Brent reaches $100 on US-Iran conflict escalation.
• Intel beats earnings and raises CPU outlook, sparking a 10% after-hours surge and reversing sentiment.
• SK Hynix ADR seen sustaining premium over common stock due to fully utilized ADR conversion capacity.
• Korean semiconductor stocks Samsung and SK Hynix overcorrected on momentum fund liquidation; AI demand supports rebound.
• Renewable energy and power equipment stocks (OCI Holdings, LS Electric) gain from expanding data center electricity needs.
• ABL Bio's proprietary brain shuttle technology and big pharma deals make it a watch for biotech catalysts.
• Crude oil and wheat face upside risk from Hormuz supply chain disruptions and fertilizer shortages.
• KOSPI index may recover 25-35% as foreign inflows resume, following historical post-crisis patterns.