Experts Mandeep Singh, Jamie Tarabay, Jordan Robertson discuss global IT chaos due to software update crash, impacting various sectors. Helane Becker details airline industry disruptions. Nikki Baird shares back-to-school shopping outlook. Tracie McMillion reflects on market factors and Fed's decisions.

Janet Mui, head of market analysis at RBC Brewin Dolphin, discusses the $13 billion surge in China's chip sector, fueled by government support and shifting investor sentiment. Jordan Robertson sheds light on the alarming cyber attack on American Water Works and the implications for infrastructure security. Spencer Soper explains Amazon's push for a full return to office life to safeguard its company culture. Meanwhile, Mark Gurman analyzes Apple's evolving product strategy amid changing market conditions and skepticism about new iPhone models.