Daily Market & Technology Information – Friday 24th July 2026
Good morning, and welcome to today’s Daily Market & Technology Information.
Markets opened the day under pressure after a sharp sell-off on Thursday, when major indexes closed lower amid renewed concerns over the scale of artificial intelligence spending. Shares in Alphabet and Tesla fell sharply following their results, with investors focusing on elevated capital expenditure plans and questions around near-term profitability even as cloud and AI demand remained robust. The broader technology sector continues to digest these signals while semiconductor names have shown more resilience on the back of sustained infrastructure investment.
Oil prices remain elevated, with Brent crude having pushed toward and briefly above the $100-a-barrel level in recent sessions following further Middle East tensions and disruptions to shipping routes. Higher energy costs are once again feeding into inflation expectations and transport expenses, keeping commodity markets and defensive assets in focus. Gold has also attracted steady interest as a hedge during this period of geopolitical and market uncertainty.