Name: Stocks Lose Momentum as US–Iran Escalation Pushes Oil Higher | Insight with Haslinda Amin 07/09/2026
Uploaded: 2026-07-09T07:08:59+00:00
Duration: 3021 s

Speakers

Rohit Sipahimalani — CIO, Temasek

Julia Wong — North Asia CIO, Nomura International Wealth Management

Summary

Markets react to escalating US-Iran strikes pushing oil higher, while Temasek CIO Rohit Sipahimalani discusses AI opportunities and a bullish global equity outlook driven by earnings. Nomura’s Julia Wang highlights underappreciated AI subsectors and Korean memory stocks. Political segments cover Modi’s Australia visit and rising populism.

US military strikes on Iran for a second day raise geopolitical risk, lifting Brent crude near $79.
Temasek CIO Rohit Sipahimalani sees an earnings-driven rally in US, Japan, and EM equities with lower multiples.
Sipahimalani plays China AI through Alibaba and Tencent, citing China’s >50% market share in optical interconnects.
Nomura’s Julia Wang views beaten-down hyperscalers and software as poised for an earnings-season reassessment.
Wang says power constraints are an underappreciated AI play and likes the industrial sector for exposure.
Wang recommends Korean memory stocks (Samsung, SK hynix) on strong earnings, calling the correction a buying opportunity.
Political strategist Lynton Crosby discusses rising right‑wing populism and voter economic anxiety.
Indian PM Modi visits Australia to deepen energy and defense ties, including a potential uranium export deal.

Ideas

Rohit Sipahimalani CIO, Temasek 7:49

Alibaba and Tencent benefit from China AI hardware.

China has a strong position in the AI hardware supply chain, particularly in optical interconnects with over 50% global market share, and in physical AI/robotics due to manufacturing depth. Temasek plays China hyperscalers through Alibaba and Tencent, which serve as beta for the US AI story while offering differentiated opportunity.

Rohit Sipahimalani CIO, Temasek 9:13

Earnings-driven global equity rally continues.

Global equities across the US, Japan, and emerging markets are supported by double-digit earnings growth, capex-driven cycles (AI, energy security, defense), and lower multiples than at the start of the year. The market rise is earnings‑driven rather than multiple expansion, and this dynamic is unlikely to change materially in the near term.

Julia Wong North Asia CIO, Nomura International Wealth Management 18:36

Hyperscalers and software poised for earnings reassessment.

Within the tech sector, hyperscalers and software have sold off heavily and are underappreciated. With the upcoming earnings season, the market may reassess these segments as some companies show better‑than‑expected revenue growth, making them attractive over the next one to two months despite macro uncertainty.

Julia Wong North Asia CIO, Nomura International Wealth Management 20:05

Korean memory stocks strong earnings, buying opportunity.

Korean memory stocks (Samsung, SK hynix) are attractively priced with very strong earnings and a durable competitive advantage. The recent correction was needed and, if they fall further, would present a large buying opportunity because earnings are expected to stay strong.

This Bloomberg Markets video, published July 09, 2026, features Rohit Sipahimalani, Julia Wong discussing BABA, TCEHY, SPY, EWJ, EEM, QQQ, US Software, 005930.KS, 000660.KS. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Rohit Sipahimalani, Julia Wong · Tickers: BABA, TCEHY, SPY, EWJ, EEM, QQQ, US Software, 005930.KS, 000660.KS

Stocks Lose Momentum as US–Iran Escalation Pushes Oil Higher | Insight with Haslinda Amin 07/09/2026

Summary

Ideas

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