--- title: "Breakfast | July 21, 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/293262241.md" description: "U.S. stocks fell for three consecutive sessions, while chip stocks and Chinese ADRs rebounded; UK gilt yields hit new highs. Tensions escalated between the U.S. and Iran, and Trump proposed imposing a 50% tariff on Canadian goods. The UK Prime Minister announced major reforms. The China Securities Regulatory Commission moved to stabilize the market, and China's LPR remained unchanged for the 14th consecutive month. Google is developing new chips, and Microsoft and AMD are deepening their AI collaboration" datetime: "2026-07-20T23:26:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293262241.md) - [en](https://longbridge.com/en/news/293262241.md) - [zh-HK](https://longbridge.com/zh-HK/news/293262241.md) --- # Breakfast | July 21, 2026 The three major U.S. stock indices fell for the third consecutive session, while chip stocks and Chinese ADRs bucked the trend to rebound; international oil prices closed nearly 1% higher; concerns over the UK's fiscal outlook battered British bonds, with the 10-Year Gilt Yield hitting a two-month high. Mediators proposed a 10-day ceasefire between the U.S. and Iran; Iran stated it had received the proposal but did not disclose details; the U.S. military attacked Iran for the tenth consecutive day; Trump hinted at strong retaliation by the U.S. military against Iran: every killing of a U.S. soldier would exact a multiple price; Yemen's Houthi forces claimed to have imposed a naval blockade on Saudi Arabia. Trump announced a 50% tariff on certain Canadian goods, accusing Canada of trade discrimination. UK Prime Minister Burnham's debut: He will launch the "biggest reform in 40 years," seeking "flexibility" within current fiscal rules. The China Securities Regulatory Commission held a symposium with investors: making every effort to maintain stable market operations. China's July LPR remained unchanged for the 14th consecutive month: above 5 years at 3.5%, and 1 year at 3%. Report: Google is developing new chips, with the Gemini architecture directly written onto silicon wafers, improving efficiency by up to 10 times. Microsoft and AMD are deepening their AI collaboration, introducing the Helios rack-level AI system to Azure; institutions estimate that Helios could be 40% more expensive than NVIDIA's Rubin. ### Related Stocks - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md) - [MSFU.US](https://longbridge.com/en/quote/MSFU.US.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) - [MSFX.US](https://longbridge.com/en/quote/MSFX.US.md) - [GOOX.US](https://longbridge.com/en/quote/GOOX.US.md) - [AMDD.US](https://longbridge.com/en/quote/AMDD.US.md) - [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) - [MSFD.US](https://longbridge.com/en/quote/MSFD.US.md) - [MSFO.US](https://longbridge.com/en/quote/MSFO.US.md) - [MSFW.US](https://longbridge.com/en/quote/MSFW.US.md) - [MSFY.US](https://longbridge.com/en/quote/MSFY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [GOOY.US](https://longbridge.com/en/quote/GOOY.US.md) - [GOU.US](https://longbridge.com/en/quote/GOU.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) - [GOOP.US](https://longbridge.com/en/quote/GOOP.US.md) - [MSFL.US](https://longbridge.com/en/quote/MSFL.US.md) - [AMDG.US](https://longbridge.com/en/quote/AMDG.US.md) - [DAMD.US](https://longbridge.com/en/quote/DAMD.US.md) - [AMDY.US](https://longbridge.com/en/quote/AMDY.US.md) - [AMDW.US](https://longbridge.com/en/quote/AMDW.US.md) - [USD.US](https://longbridge.com/en/quote/USD.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SSG.US](https://longbridge.com/en/quote/SSG.US.md) - [SOXS.US](https://longbridge.com/en/quote/SOXS.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Google Is Developing a Chip for Its Own AI Models. 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