Samsung Slumps After Earnings; Tanker Hit in Hormuz Before NATO Summit | Daybreak Europe 7/7/2026

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, trading on South Korea’s Kospi was halted briefly after a sharp fall. Samsung led the decline, dropping as much a 10% despite a 19-fold surge in quarterly profit. Futures point to a lower open in Europe and the US.

Oil edged higher after a tanker transiting the Strait of Hormuz reported being hit. Bloomberg understands it was an LNG carrier owned by Qatar’s state-owned shipping company. Separately, Axios reported Iran fired at least two missiles at commercial ships transiting the strait.

Today’s guest: Anna Macdonald, Hargreaves Lansdown, Investment Strategy Director. (Source: Bloomberg)