hyde and ed ludlow. ♪ caroline: on caroline hyde in new york.d: i'm ed ludlow in san francisco. this is bloomberg technology. caroline: full market coverage ahead as cathie wood cells nvidia by cutting tsmc stake. ed: the supreme court will hear challenges today on two walls that aim to prevent social media platforms from censoring posts. we will have the latest. caroline: jeff bezos nvidia join openai in developing humanlike robots. we will discuss that and more throughout the hours. checking on the markets, a little croaky like my voice. we get the core pce details, how is inflation going at the moment? it is all about the eyes on macro. a little bit of cautious training in europe as well. 10 year yield up three basis points. let's look at what's happening in the world of crypto. bitcoin, as the dollar, flat on the day. crypto spiking. ed: kkr is buying a software unit for about 4 billion u.s. dollars. this is a unit that basically provides the software for remote desktop collection. it is something they got out of the amway deal last year. yo

caroline: i'm caroline hyde at bloomberg's world headquarters in new york. ed: and i'm ed ludlow in san francisco. this is "bloomberg technology ." caroline: doordash delivering the goods, but the stock pulls back, while draftkings is betting big on the lottery. ed: plus, super micro drops, ending a rally that put the server company on a record-breaking week. we have an exclusive conversation with the ceo coming up. caroline: openai ceo sam altman is looking to get the green right -- green light from the u.s. government to raise billions to boost global manufacturing of ai chips. we will bring you the story, but first check in on these markets. we are running too hot when it comes to producer prices. the inflationary pushes once again, and it has an effect on stocks. we are off by .5% on the nasdaq. the s&p pulling back on what has been a week of gains. but still clinging to that $5,000 mark. we are looking at the 2-year yield. bonds across the board selling off. we are higher by nine basis points. in the world of bitcoin, notable that it stays higher. even

caroline: i am caroline hyde in new york. ed: i am ed ludlow in san francisco and this is bloomberg technology. caroline: cisco shares under pressure after delivering a disappointing outlook with plans to cut thousands of jobs. ed: coinbase earnings out after the bell but shares have jumped after receiving an upgrade. bitcoin holding above $52,000. caroline: hedge funds buying into some of the biggest names in tech. amazon, intel and nvidia among the favorites. they will include the winners and losers. first llama -- first, let us check in on a key loser. temenos in europe says that it is confident in the strength of their operations and financial cats position as well after a short note was put out. six is the benchmark manager and it is time and knows is -- temenos is suspended from training. let us get back to the macro picture aside from what is happening in europe. we are off by .2% with big names coming off of a record high. the two year -- year yields diving as we get retail data. retail sales falling a little bit lowe

caroline: i'm caroline hyde in new york. ed: and i'm ed ludlow in san francisco.ine: coming up, amazon, meta, and apple out with their

caroline: i'm caroline hyde in new york. ed: and i'm ed ludlow in san francisco.omberg technology." caroline: full earnings coverage ahead of spotify in palantir, they surge on strong results. ed: strategists from citibank worn positioning in tecoog

caroline: i'm caroline hyde in new york. ed: and i'm ed ludlow in san francisco. this is "bloomberg technology." caroline: full earnings coverage ahead of spotify in palantir, they surge on strong results. ed: strategists from citibank worn positioning in technology stocks is so bullish that any selloff could spur a market route. caroline: adam neumann and other investors are buying we work out of bankruptcy. we'll bring you the latest on the matter, but first let's check in with the markets. it is a macro story. after the significant selloff in the bond market we see a little bit of calmness as we anticipate a lot of fed speak. we are off by about .1% on the nasdaq more broadly. 10-year yield down five basis points after having risen fast in the last two trading days. look at what is happening in china. we see the talk that jeezy and paying at the top hierarchy chain of china is starting to debate what to do about the selloff that continues to afflict some of the chinese stocks. trading of chinese stocks up some 5% when you

caroline: caroline hyde in new york.ck after the selloff and it was not that enormous, but there was some oxygen taken out. we have uncovered a little bit in the nasdaq. interesting to note that volatility has spiked yesterday and there are options expiring that were having to look towards why we saw the volatility. today we are falling back down to the 14 handle. bitcoin back on a tear vis-a-vis the u.s. dollar. 51,000 is where we currently trade. 4% higher and we are starting to see some enthusiasm whether it is the halving in april. look out at what is dining out. strengthen robinhood soaring and we were up 17% after hours. up 9% at the moment. this is when we see the company managing to show some strength in their previous quarter and guide that they will see more customer growth and more subscribers coming in. i am looking at what has what is happening in apple. we are up by .8%. maybe there are some rumors about huawei and may be the smack down coming from mark zuckerberg about the vision pro and we will dig into t

caroline: i am caroline hyde in new york.in san francisco and this is bloomberg technology. caroline: cisco shares under pressure after delivering a disappointing outlook with plans to cut thousands of jobs. ed:

caroline: i'm caroline hyde at bloomberg's world headquarters in new york.this week. coming up, wall street eagerly awaiti vi

. ♪ this is bloomberg technology with caroline hyde and ed ludlow. ♪ caroline: i'm caroline hyde in new'm ed ludlow in san francisco. caroline: a bullish outlook on sales, we will sit down with the ceo to discuss. ed: the mouse house spikes as cost-cutting benefits and international theme park strength boost the company's

caroline: i'm caroline hyde at bloomberg's world headquarters in new york. ed ludlow in san francisco. this is "bloomberg technology ." caroline: doordash delivering the goods, but the stock pulls back, while draftkings is betting bi

caroline: i am caroline hyde at bloomberg world headquarters in new york. ed: i am at ludlow in san francisco. this is bloomberg technology. caroline: peloton tumbling. we will discuss where the comeback efforts went wrong. ed: the landscaper ipo's is heating up. we will dig into mx exports which starts trading today. caroline: we will speak to the ceo of qualcomm, but first let's check in on the markets. a macro sigh of relief after yesterday. we redirected our thoughts. it felt like there was a different tone from jay powell and marched being taken off of the table for rate cuts. today we bounced back a little bit with big tech on top ahead with key earnings that we will be discussing. the nasdaq, china also saying that we are committed to stimulating our economy and in particular trying to focus on the semiconductor area. we saw big moves for chinese stocks. it still flows into what's happening with chinese-related names in the u.s. the golden dragon china index is what i look at. nymex crude is up. this is geopolitics and play and worries that we may se

caroline: i am caroline hyde at the world headquarters in new york.an francisco and this is bloomberg technology. caroline: we sit down with the ceo of lyft to run through the results and break down the clerical error that led to

caroline: i am caroline hyde. this is bloomberg technology. nvidia surges as a i demand powers the company outlook again. we will have full coverage on the company as it looks to add $250 billion to its market cap today. we will get a read on the state of the ipo market as rated -- reddit gears up. plus, a preview of what we can expect from an exploration start up and its attempt to put a u.s.-made lander on the moon for the first time in 50 years. first, extraordinary moves once again and still a valuation that is relatively cheap, nvidia surging 15%. will be the biggest ever addition in terms of market cap for any single stock, up 15% again, making it on the edge of getting to the $2 trillion mark. and the reason may be the valuation -- those earnings keep on rising at an x ordinary pace. >> what a sensational set of >> results from nvidia. >>i will do my best to contain my enthusiasm. >> each quarter, they continue to surprise. >> the only results that would be acceptable was a substantial beat. >> this is a company that continues to blow a

caroline: i'm caroline hyde in new york. ed: and i'm ed ludlow in san francisco. this is bloomberg technology. caroline: coming up, amazon, meta, and apple out with their latest earnings. ed: we will take a closer look at apple's latest bet on the future. caroline: and an exclusive interview with the nvidia ceo, where he sees the biggest benefit from the ai boom. first let's get to the big moves when it comes to tech. and we are record highs when it comes to meta. ed: there is a compare and contrast here. apple, it is the story we expected. they did grow overall in the quarter and afforded five straight quarters of sales declined. but the stock is down significantly, back to where it traded in november. why? greater china. sales missing by $3 billion. but the narrative on the call, we were four of the top handsets in china. we will dig deep into the growth story for the stock. and then there is meta. meta is the story today, probably. we are on track for the biggest jump since february of last year. is this an ai story or a cyclical rebound in ads? either way one

caroline: ed: i ed: am caroline hyde in new york. i am ed ludlow in san francisco. caroline: we will bring you the full coverage of super bowl 58. we have you covered. ed: bitcoin tops $49,000 for the first time in a month. we look at the ups and downs of the crypto industry as many hope during a tumultuous few years. caroline: president biden hopes to reach young voters during his reelection campaign. we will break down the strategy. let get to these crucial markets. we are digesting what has been a serious run up in the equity market and you see it with the $5,000 level again by the s&p 500. we are only up a 10th of a percent after we pushed through that for the first time friday. so we just sort of wait and watch and maneuver ourselves as we anticipate what the federal reserve does. we are looking at the macro and fed policy, yields up about a basis point or so on the 10 year yield as we anticipate inflationary pressures tomorrow. this particular risk asset is on a tear and we are up at the $50,000 handle again and we will dig into details in a moment. >> two ana

caroline: i'm caroline hyde at bloomberg world headquarters in new york.gy. caroline: apple scraps its ev ambitions after a decade-long effort as the company focuses on ai. they are full coverage ahead.

caroline: i'm caroline hyde at bloomberg world headquarters in new york. ed: this is bloomberg technology. caroline: apple scraps its ev ambitions after a decade-long effort as the company focuses on ai. they are full coverage ahead. ed: google ceo blasting the failure of the gemini image generation feature is the company looks to remedy the situation. >> the company reports earnings going public. new ai products. all that and so much more prayed let's check in on these markets because there was economic data not much to catch the attention today. currently off about 4/10 of 1% on the nasdaq really caring about the pce number. inflation data by the federal reserve which comes out tomorrow. we see a little bit of a selloff ahead. this is the u.s. trade inversion down 1.5% so really some weakness coming over a pretty ugly day in china trading. nothing really moving just about one basis point. where there is action to him on the macro perspective looking at one particular asset choice. one -- 7.7% higher. we are encroaching on that $69,000 record level we kno

hyde and ed ludlow. ♪ caroline: on caroline hyde in new york.ow in san francisco. this is bloomberg technology. caroline: full market coverage ahead as cathie wood cells nvidia by cutting tsmc stake. ed: the supreme court will hear challenges today on tw

caroline: welcome back to "bloomberg technology." i'm caroline hyde. ed: i'm ed ludlow.hips markets is interesting, the principle is the reversal from arm. thursday morning to monday night, arm posted a post earnings gain of 93% training at triple price of its ipo. 40 times the revenue is expected to earn this year. if you are able on this stock, you are a little worried about how much it could run in the context of the asteroid. -- context of the ai story. $1.5 billion, a little below expectations but this is the biggest u.s. contract manufacturer of chips and the outlook they're giving makes us worried in some ed market there is still a lot we have to go through. a quick check on nvidia, we are up 1%. it has repeated the milestone yesterday, a $1.8 trillion market cap, a higher market cap than amazon. did not end that way yesterday. i am looking at bitcoin and sorry to say we have changed direction on bitcoin. lower in intercessions but we have posted a gain of 15% with below $50,000 u.s. dollars. caroline: the vine of the capital marketization is one with focus on eve

caroline: i'm caroline hyde at bloomberg's headquarters in new york. ed: and i'm ed ludlow in san francisco. caroline: coming up, we push ahead to the advertising event of the year and sit down with the head of the company shimming super bowl 58. you guessed it, paramount ceo rob bakish. ed: we sit down with the head of partnerships at x as the social platform announce a deal with the w w e. caroline: and we take a look at the state of sports betting and sit down with fanduel ceo amy howe. just apart from the anticipation, let's get back to what is happening in the world of markets. we currently are seeing the nasdaq managing to outperform the rest of the benchmarks today. we had some easing of concerns about inflationary pressures coming out from the government statistics, but we look ahead to what tuesday is going to print. for now some relief. the nasdaq drives higher. some of the big names on top today, s&p 500 really with the psychological level here. we are above that 5000 level again. managing to move higher on this week. i'm looking at the 10-y

caroline: i'm caroline hyde at bloomberg's headquarters in new york. ed ludlow in san francisco. caroline: coming up, we push ahead to the advertising event of the year and sit down with the head of the company shimming super bowl 58.

caroline: ed: i ed: am caroline hyde in new york. i am ed ludlow in san francisco. we will bring you the full coverage of super bowl 58.

caroline: i'm caroline hyde at bloomberg's headquarters in new york. ed ludlow is off. coming up, all eyes on nvidia as the $1.7 -- $1.7 trillion company years up for earnings after the bell. plus, palo alto networks heading for its biggest drop ever as customers face spending fatigue in cybersecurity. and google looks to build an open-source ai community with the launch of its new model. we will discuss that and so much more throughout the hour. but first let's check in on these markets. we are seeing fatigue and terms of purchasing of tech stocks. we are waiting and watching to see whether the ai hype can be borne out in the reality of revenue. nasdaq off by .6%. chinese stocks moving higher on those u.s.-traded ones. that ultimately is being seen as china putting in place restrictions on selling. could this support the market and stock info and see some sort of rebound? i'm looking at bitcoin under pressure by 1.8%. we are still at about a $51,000 handle, what a little risk aversion that sinks into that area of risk assets. i want to move on and look at what the indi

caroline: i'm caroline hyde at bloomberg's world headquarters in new york. ed ludlow is off this week. coming up, wall street eagerly awaiting nvidia's earnings, due out tomorrow. will they get confirmation that shares can meet the expectations set by the boom in artificial intelligence? plus, apple loyalists are making a u-turn on the vision pro, some returning the device to get there $3500 back. so is the headset truly the future? big time -- bitcoin climbs for four straight weeks. we will have more this hour. first let's check in on these markets. maybe some profit taking head of another big week when you're coming to the earnings expectations. s&p 500 actually below that 5000 level. the nasdaq off by more than 1% aztec gets hit the most. it is interesting that i shine the light on some of the chinese stocks traded here in the u.s.. off by almost 2% between cuts to the mortgage rates, not enough. lukewarm response, and certainly the chinese sect your terms of tech exemplifying that. coming up we will have a look at individual movers. that coin has marched

this is bloomberg technology with caroline hyde and ed ludlow. ♪ caroline: i'm caroline hyde in new yorked: and i'm ed ludlow in san francisco. caroline: a bullish outlook on sales, we will sit down with the ceo to discuss. ed: the mouse house spikes as cost-cutting benefits and international theme park strength boost the company's results. coverage ahead. caroline: apple's limited release of the vision pro fetching as much is $5,000 in the resale market. first, we check on the macro, the picture of the markets and we managed to just be pushing up 3/10 of 1%. chipmakers outperforming, many things to arm. interesting levels for the s&p 500. we are a long whisper from the all-important $5,000. we are basically flat on the s&p, taking a breather after the surge we've seen in equities and the bond market, getting a 30 year sale today after some pretty successful five year and 10 year sales. yields just pumping up a little bit as we anticipate that sale. yet again seeing risk assets surge in a world of bitcoin, up another 2.9%. up off the 45,000 dollars level, all that etf flows. >> we are sp

caroline: i am caroline hyde. this is bloomberg technology.nd powers the company outlook again. we will have full coverage on the company as it looks to

caroline: i'm caroline hyde at bloomberg's headquarters in new york. ed ludlow is off. nvidia as the $1.7 -- $1.7 trillion

caroline: carolyn hyde in new york. pce number, the favored view of inflation pressures from the federal reserve, was posted at 8:30 a.m., and was a relief. it came in a long line with expectations. the fed seemed right to be pausing on any cuts. but the relief that it came in as expected means that tech stocks pushed higher up. the 10 year yield comes down three basis points. moving aside from any of the macro data points, bitcoin has been on its own role over the last few trading days and weeks. we are currently up 62,000. lily really trying to i the new record high. we will dig into that with one of our vc guests. we will have a look at some of the individual movers. earnings have come thick and fast. a lot of these software ai place. okta, massive move. a breach happened recently. the numbers that came in seem to give analysts some reprieve. they seem to be liking the fact that they are managing to upscale where they think the price point for this company is going. subscriptions were a relief. dual lingo -- duolingo

. ♪ >> this is bloomberg technology, with caroline hyde and ed ludlow. new york. ed: i'm in san francisco. caroline: coming up, full earnings coverage ahead. salesforce, paramount, to name a few. ed: bitcoin pushes toward a

caroline: i am caroline hyde. ed: i am ed ludlow. we will take the pulse of the market and get a read on the magnificent seven as one name struggles to keep up with the pack. ed: joining the course of technology, nothing

caroline: i am caroline hyde. ed: i am ed ludlow. caroline: we will take the pulse of the market and get a read on the magnificent seven as one name struggles to keep up with the pack. ed: joining the course of technology, nothing cuts to jobs, 10% of global workforce of snap. caroline: global chip sales projected to hit a record this year. the ceos of join the program. a day a macro affecting some of the individual names at the moment. the market takes a turn is once again we're running too hot. the cost of services employment as well. what does this mean in terms of inflationary pressure? we know joining cvs was one fed chair powell. adding in the overall strong economic data and we turn on the nasdaq. in china, cs of he hit a record on friday, we saw a five-year low for tiny stocks. all of this as we see once again china try to curtail any selling coming and betting against the market over there and trying to push back against the volatility. 10 year yield crushes from 15 basis points as we get this trump economic data. -- as we g

>> this is bloomberg technology with caroline hyde and ed ludlow. >> i am ed ludlow. killing hyde is off today. coming up, rethinking any ipo in new york with its sights set on london as the fast fashion company faces hurdles in the u.s.. nvidia's supercomputer is hobbled in florida by laws preventing top town it from ever sitting foot in the state. we will bring you reporting from the ground. la raises $30 million as it looks to providepse gen z users. we will discuss that. we are coming out of the tail end of earnings season for the technology sector and headfirst into a week where economic data is front and center. there has been choppy trading, currently up .2%. yields have been creeping higher. prepared to back our expectations for what the fed willow want to do with the rate cut. the 10 year yield, 4.28%. bitcoin at just below $57,000 per token. significant because that took the global market to $2 trillion in market cap total. i will show you that chart later on. the crescendo of the week, 24 hours time when we get pce data because it will inform what the marke

caroline: i'm caroline hyde in new york. ed: this is bloomberg technology. caroline: snap plunges after earnings disappointed and the company cites a challenging operating environment for the full-year parade we have all the coverage ahead. ed: tesla staff bracing for layoffs as managers are asked binary questions on whether employees roles are critical. caroline: uber earnings show robust demand for rides and deliveries. we will sit down with the uber ceo. let's look at the broader markets and some stabilization in the bond markets means we get a reprieve and some buying into the tech market. 7/10 of a percent on the nasdaq. continuing on the up and up. 10 year yields just flat ahead of a record amount of supply on the 10 year auction. bitcoin not doing much. trading above 43,000. seeing what's happening in china, yesterday we saw a real leg higher in chinese internet names in the u.s.. today we lose some of that overall optimism but still at 4% over the last couple of days. ed: a story i reported this morning, tesla has canceled or postponed performance re

haidi: that was paramount's global president and ceo speaking with caroline hyde and ed ludlow.ndback energy and ended -- endeavor are in discussions toward a deal to create an oil and gas giant. we learned endeavor would be valued at $25 billion in the deal that might be announced monday. the combination would be the latest in mergers that reshaped the corporate landscape in u.s. share oil recently. exxon mobil agreed to acquire pioneer resources last month. occidental petroleum reached a deal to purchase crown rock for $10.8 billion. looking at how we trade across oil at the moment as we are releasing some of that rise in geopolitical risk and the fading of the cease-fire agreement in gaza driving geopolitical risk premium higher but brent crude up 4/10 of 1% and ny crude trading. we are seeing downside projected by goldman sachs seeing an estimated shortfall of more than half a million barrels per day of downside risk in their forecast for china and demand in the fourth order account of a surge of ev sales and various conversations held with local consumers according to analy

caroline: i'm caroline hyde in new york. ed: this is bloomberg technology. plunges after earnings disappointed and the company cites a challenging operating environment for the full-year parade we have all the coverage ahead. ed: tesla staff bracing for layoffs as managers are asked binary qu

. >> this is bloomberg technology with caroline hyde and ed ludlow. >> i am ed ludlow.ff today. coming up, rethinking any ipo in new york with its sights set on london as the fast fashion company faces hurdles in the u.s.. nvidia's supercomputer is hobbld

sonali: caroline hyde joins me now, the interview, my bad, he says, at the end of the day it did riseill up on the day, did some of this overshadow the earnings report? caroline: yes, analysts are saying this is showing real supply tailwinds and they are getting good drivers back in place, they need to see execution for fiscal 2024. this is the story that no one will stop talking about. until the next earnings season, the fact that it was just in one press release, this was in several documents, it shows you that this is a real difficulty that ultimately the ceo is taking incredibly seriously and he is taking ownership for it and you have the cfos, the own job is not at risk, i wonder whether there will be shareholder pushback. algorithms and indeed human investors did send those sure is of significant the after hours, did anyone lose money? sonali: this was an awkward day all around the board for lyft, you had to overcome in, lyft's earnings and asked that they had their own buyback plan, how much of that throw a wrench in the excitement around lyft's results? caroline: uber's number

yvonne: the chairwoman of the board of directors thuy le speaking with caroline hyde.fter they delivered a poor outlook. the company saw closing down to $7.2 billion, lower than estimates. the forecast overshadowed plans to buy back as much as $500 million of stock and a second straight quarterly profit on unadjusted basement -- basis. we are looking at some of the automakers. mercedes-benz is warning that ev's will remain more expensive for years to come. they expect lower returns in 2024, citing challenges from a slowing economy. mercedes also pared back its outlook for ev sales and released a $3.2 billion share buyback program. >> i don't think anyone thought the once in a sentry transformation of the auto industry would be a straight line. there will be peaks and troughs and things like build of charging infrastructure and other enabling factors as well. they will determine how the market develops. annabelle: it is not just mercedes feeling the pinch because when you take a look at some of the movers in the session today, it is the ev's we are watching in china aut

he joins bloomberg technology's caroline hyde and ed ludlow coming up next.n you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh katie: a huge week for earnings and monetary policy. we had the fed earlier in the bank of england holding the rate at 5.25%. it dropped references to further tightening in its guidance. that opens the door to interest-rate cuts for the first time since the pandemic struck. the central bank has stuck to predictions that interest rates will fall to target this spring while warning that price pressures could reemerge. francine lacqua sat down with the boe governor earlier today. >>

coming up, we have bloomberg technology with aroline hyde and ed ludlow.. >> from the heart over innovation, money and power collide in silicon valley, this is bloomberg technology with caroline hyde and ed ludlow. >> this is bloomberg technology. >> we will discuss the implications of

kriti: the ceo of supermicro speaking to bloomberg technology hosts ed ludlow and caroline hyde.enture of enabling ai semiconductors. alec weber joins us again. this is not necessarily talking about the ai hype, but $100 billion is not a small amount. alex: unless has dropped while i was walking over, they have not announced it. from sources, they are working on a project. the idea is that it is a semiconductor company that would ideally compete with the likes of nvidia. talking about a $100 billion investment to make it happen. huge amount of money. $30 billion funded by softbank, other investors, we know not who, potentially from the middle east. this would be a massive play if it were to actually happen. the challenge here is, how do you catch up with a company like nvidia who have been doing this for quite some time? they are basically using expertise they built up through gaming in order to be the dominant player in ai. there are other mps trying to do this. a british company received a significant amount of capital investment. some of those investors have to write down the