Here's your summary from Bloomberg Markets: Asia 07/12/2024 (https://www.youtube.com/watch?v=qepcdgjUDUc) on the Bloomberg Television channel:
### TLDR:
Asian tech shares slip as US inflation slows, leading to bets on Fed rate cuts. President Biden faces scrutiny over campaign. TCS sees sales and profit climb, signaling recovery in corporate IT spending.
### Key Points:
1. Asian tech shares decline due to speculation of Fed rate cuts following soft US CPI print.
2. President Biden faces criticism over campaign amid verbal stumbles.
3. TCS reports increase in sales and profit, indicating a recovery in corporate IT spending.
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