caroline: caroline hyde in new york.d by political acts in france and the united states. yields have been fleshing -- pushing higher. the nasdaq 100 up about 0.1% to start off the beginning of the new second half of the year. we are up just a 0.1%. we have the cac 40 up one point 3% as we closed trade in europe. we are seeing some signs of relief after the first round of voting. we are currently up 1.3%. the dollar picked up steam perhaps on some of the political anxiety in the united states. looking at the individual movers , a topsy-turvy day for the chipmaker. we were dragging on the big benchmarks. even as we get a report saying we will get an antitrust charge coming from france. we are managing to be resilient. she we off by 5.9%. a roller coaster ride for this particular name. this is all about keith gill, this is about ryan cohen not only being the leader of gamestop, the cofounder of chewy, to big long is coming, but not enough to stabilize the stock on the longer-term. you have seen record sales coming from this

thank you to caroline hyde, co-host of "bloomberg technology."oming up, mark zuckerberg calls trump badass but stopped short of endorsing him for president. this is bloomberg. ♪ all-day energy starts with clean hydration. lmnt. more electrolytes. zero sugar. you feel the difference when you get it right. stay salty. sonali: mark zuckerberg stopped short of endorsing donald trump for president after the republican nominee gained support from the likes of ken griffin and elon musk over the weekend. ken griffin yet to donate. but zuckerberg spoke with bloomberg's emily chang about the election for her show, "the circuit." take a look. mark: i've done some stuff personally in the past. i'm not planning on doing that cities time and that includes not endorsing either of the candidates. look, there's obviously a lot of crazy stuff going on over the weekend and, i mean, on a personal note, been seeing donald trump get up after getting shot in the face and pump his fists in the air with the american flag is one of the most badass things i've ever seen in

caroline: i'm caroline hyde in new york.d: i'm ed ludlow in san francisco per this is bloomberg technology. caroline: tesla beats delivery estimates but still a second consecutive drop in quarterly deliveries paid we break down those numbers. >> microsoft a id

caroline: caroline hyde in london. let's check the markets.s to say the least. we are up on the nasdaq, up 0.6%, even though we have been down three straight weeks and lost about $1 trillion worth of market cap and the nasdaq 100. russell 2000 gains, small caps outshining big tech. bitcoin, little bit of love. we had previous president trump speaking at the bitcoin event in nashville this weekend. we will see what he has to say. risk assets to better across the board. individual movers, we have got some in play. when you look at leaderboard, charter communication speech on earnings come up some 15%. doordash doing well. we finally get prop 22 being signed off by the supreme court in california. and analysts operating on the stock. dexcom, what a wipe out. 41%. this is a blood sugar monitoring device maker for diabetics. we are starting, potentially, to see the impact of a -- of ozempic and other weight-loss drugs. the ceo would not talk about common type two diabetes -- what are you looking at? ed: glasses. the world's biggest i maker -- i gla

caroline: i'm caroline hyde in new york. ed: i'm ed ludlow in san francisco per this is bloomberg technology. caroline: tesla beats delivery estimates but still a second consecutive drop in quarterly deliveries paid we break down those numbers. >> microsoft a ideal faces risks over national security concerns. we have the details. caroline: we sit down with the new ceo of amazon web services. he wraps up his first month on the job, let's check in on these markets. the nasdaq trying to shake off what is perhaps some slightly more hawkish signs for the data today. once again showing the labor market is strong in the united states. meanwhile we have more dovish tones from the federal reserve and the cpi printing europe that shows inflation is cooling. a lot of macro to be digesting. looking at the big tech benchmark. maybe that's off the back of the rally we saw. still digesting a lot of political risk in the ecb still saying we will be cutting in the rest of the year. 10 year yield pushing down. we are off of our lows but still

caroline: welcome back to bloomberg technology. i'm caroline hyde in new york.san francisco. the story is very much like fed bets, cut rate. we are looking at economic data. the conversation we had earlier about thinking valuation is in play. the nasdaq 100 is up 1.2%. tesla has rebounded from its biggest drop since january 24. now up 3.4%. there is a risk on attitude. i have been thinking a little bit about bitcoin. it is a risk assets from time to time. it is a weekly gain of 1.6%. i don't see a lot in the moment out there. we were all about the long-term. we do double check on it and maybe it is back to being a risk asset in a risk on environment. i don't know. caroline: if you don't know, we have someone to ask, thomas perfumo is with us from kraken. there have been worries about issuance going back, german government to moving things around within wallets. fundamentally, what is our next catalyst? thomas: there are four big catalysts i'm looking out for in the short run. we are talking about the macroeconomy. canada and europe already cutting interest rates

caroline: i'm caroline hyde in new york. ed ludlow is off. dance reach a merger agreement after last month. coverage ahead for apple and openai to

ed: welcome back to bloomberg technology. >> i'm caroline hyde in london for the week. to point you to what other earnings we've had out today and they've been helping drag this market softer. nxp semiconductors up by more than 9% this is we see revenue in the autos chip sector being weaker once again and maybe some other chipmakers. let's call it 6%. the universal side of the theme parks not looking good. often more than 5% and once again seeing a struggling with broadband. this is some afraid perhaps to my producer not the right company to be looking at. logitech is the one we wanted to look at. sorry if i sent around the wrong particular company for this. we have been seeing this on the downside aftersun slower growth in the future. we look at the earnings as they decide not to be buying it seems as though wiz has been pushing back on that author -- offer. all eyes as they come out with their earnings. what will they say in terms of robotaxi. the future texas instruments by 3%. an xp signaling some weakness. is this a tech stock. it had some success. we know it's an

caroline: caroline hyde right here in london. check in on these markets because we have had plenty to digest when it comes to alphabet and tesla. other companies posted earnings and some are giving some relief. texas instrument's up 5/10 of a percent. maybe that glut is coming to an end. signs we are meeting expectations for the forecast really it seems to be the revival is under the way he market so there's pressure on automotive and industrial but maybe that is the bottoming of that. ibm lower as we expect their numbers coming out after the bell today consulting likely to be lower. are we going to eke out one percent revenue growth that many are participating -- anticipating. 21% in earnings. how much are we seeing appetite for artificial intelligence generative ai really managed to buoy some of their software when companies are strapped for spending. let's look at what's happening with the story that won't go away for crowdstrike in particular we are seeing it off by 25% of the last five trading days. we finally got some sort

caroline: i'm caroline hyde. ed: i'm ed ludlow in san francisco. this is bloomberg technology.ing you the latest in markets as nvidia struggles. we will talk macro and micro. ed: the latest from washington as the supreme court sends social media laws back to lower court. caroline: qualcomm is the new sponsorship on the front of shirt for manchester united.

caroline: i'm caroline hyde in new york. ed ludlow is off. paramount and sky dance reach a merger agreement after last month. coverage ahead for apple and openai to live deepen the relationship as they get an observer on the company's board. we will turn to the intersection of health and technology as we sit down with the ceo. a quick check on these markets because even without the play of nvidia they're managing to break new records. up three tents of 1%. you're looking at the 10 year yields reaching down nine basis points. the economy showing cut -- some kinds of slowing. we fall some nine basis points as the fed can indeed cut for the rest of the year. stocks in europe doing well. the day before the u.k. heads to the polls. the ftse seeing any sort of volume on the day. let's look at what's happening on the individual assets of choice would need crypto under pressure. the line to look at 59,735. 180 three daily movie average. that's when we start to see more bearish signals for the rest of the year if we break below that. there's a lot to

caroline: welcome back to bloomberg technology. i'm caroline hyde in new york.he nasdaq 100 is basically flat. some laggards are bigger tech companies, microsoft, meta, chipmakers as well selling for whatever reason. we talk about the trump trade. we have the big news item, that j.d. vance is trump's vp pick. the two i picked out our trump media and technology group the parent of truth social down almost 10% on the session. jumped more than 30% yesterday. it's the most direct version of the trump trade. many use the stock as a reflection a proxy of how they assess the odds of either presidential candidates fortunes. former president trump used truth is social to announce j.d. vance in the first instance. tesla software a few tenths of a percent. it has been buoyant. elon musk came out so quickly not just in support of president trump following the assassination attempt over the weekend but also of a j.d. vance. >> major silicon valley investors the choice of the ohio senator and venture capitalist as a running mate seem to be celebrating it. the move puts the ce

caroline: welcome back to "bloomberg technology." i'm caroline hyde in london.sure as the sun rises and sets, there are financial markets to talk about. caroline: the nasdaq 100 coming off the highs at the moment, just off by .7%, best move since july 10. we're in the green, and that's not where we were last week, worst week that we had on the nasdaq since april. we're seeing cloudstrike pulling to the downside, almost 13%, now trading even more significantly than it did on friday when we first learned of the outage that was sparked by an upgrade that went horribly wrong for cloudstrike. keep an eye on that company. crypto now actually trying to digest ultimately what a harris versus trump, and indeed if it does remain kamala harris leading and vying for the nomination for the democrats, what would that mean for crypto? the crypto market is thinking its best chance is still for trump. we're up 3.5%. notably we're just on the downside today, ed. ed: let's look at who in the digital asset world might benefit the most from a potential second donald trump term in of

hyde and ed ludlow. caroline: live from new york and san francisco, this is bloomberg technology. we will have full coverage on the aftermath of the attack on formal -- former president donald trump as the rnc kicks off in milwaukee. ed: and we will turn to m&a. caroline: we bring you the latest on apple. we check in on the markets and record highs across the board. the s&p's new high. this is a trump trade. this is the aftermath of an assassination attempt that potentially means trump is more likely to win the white house. we see that reflected in bitcoin as well. we are seeing the biggest moves in two months for crypto as he is seen as the much more pro crypto candidate. ed: we will talk about the trump trade, but the direct trump trade's trump technology and media group. ticker djt, the parent company of truth social, the social platform of choice for former president trump. the events of the last 48 hours are driving the stock higher. we has been a size 50%. it is a stock or a spac delisting that has

caroline hyde in new york. acquiring neiman marcus, america's two largest high-end department stores. joining us with the details that inject a little bit of spice with amazon and salesforce part of the deal. >> we know that the department store sector is in turmoil. we have a lot of deals. they raise their bid, nordstrom may go private. the interesting thing is amazon getting involved. amazon has long tried to get in luxury fashion with limited success.this gives it another way into that sector at a time when online retail is also having a very hard time. caroline: having a hard time. it is interesting salesforce, why they are taking a stake in luxury partnerships. they may be financing a deal. is this an expensive deal? ultimately hudson bay has to bit creative in the way it is able to purchase neiman marcus? >> it all helps to finance when things are tough out there. the luxury consumer in the u.s. has called in. there was a great surge amid the pandemic. everyone bought gucci handbags and the lack of stimul

hyde and ed ludlow.om london and san francisco this is bloomberg technology. full coverage of tesla's disappointing second-quarter results. ed: google investors awaiting an ai payoff.

caroline: i am caroline hyde. ed: i am ed ludlow. caroline: paramount officially agrees to a deal with sky dance which shares among the industries most traumatic acquisitions. we have details. ed: we assess the impact from elections in the u.k. and france on the technology sector. caroline: raising money, conversation with the ceo of hebbia.ai. first, let's check in the markets. ongoing political volatility in the u.s., france we get a shock reaction in terms of what the national rally coming in third and the nasdaq holding onto gains. the cac 40 had been higher in the days trading and not falling back toward the clothes as people try to get a -- toward the close. the pound after its political clarity that we got at the end of last week, he remains the best performer from a g10 perspective. the dollar is a little lower. chair of the fed jay powell tuesday and wednesday. what that means for bitcoin. it is more about what is happening with the supply would perhaps the german states setting off some of its holdings in bitcoin. all about

with caroline hyde and ed ludlow. caroline: from new york and san francisco, this is "bloomberg technology." coming up, full chip coverage. tsmc earnings jump but china risks returns in the sector. ed: plus, more hollywood films for apple. caroline: a tiktok man and trump presidency. what a roller coaster we are on today. the worst selloff in the chip sector and looking at the stocks, the semiconductor index had its worse yet day yesterday since 2020. today we bounce back up but only by 0.5% and the risks remain about what happens in terms of china u.s. geopolitical he and taiwan, not enough to be pushed back against some key earnings. ed: there was a strange pivot in the market in the nest -- in the last hour. the world's biggest contract chip manufacturer tsmc raised its revenue outlook for the current period to above analyst expectations and they also reined in their capital spending plans which gave everyone confidence, discipline in the midst of uncertainty. there has been lots we have reported about former presi

hyde and ed ludlow. ♪ caroline: from bloomberg's london headquarters in san francisco, this is "bloombergt hour, markets entering uncharted territory as president biden drops out and passes the baton to kamala harris. who in tech will pp

caroline: plus our exclusive

hyde and ed ludlow. ed: live from new york, this is bloomberg technology. microsoft and amd earnings on deck and big tech flicked with a correction. and we hear from the nvidia ceo on mehta and zuckerberg being the most important customers. and a tesla test drive it hit a roadblock. william stein joins us after narrowly avoiding the car accident while testing full self driving. let's get this year and now in terms of earnings. sofi down a percentage point. interesting. second profit update, upgrade to the profit forecast for the full fiscal year. also upgraded their revenue outlook. we will hear from the ceo later in the program who was on bloomberg this morning. this is the starting gun basically formatted cap tech earnings. you start with microsoft and amd. talking about the money machine, the investment in the infrastructure, that is where we check on amd. soccer by a percentage point. the money coming out of the top line growth. will we see anything tangible from microsoft in particular? massive inve

hyde and ed ludlow. ed: live from bloomberg's world headquarters in new york, this is "bloomberg technology." coming up, apple's ai delay. plus, from crypto critic to bitcoin back up. jump valves changes at the sec and, if reelected, to make it going great again. and deadpool's domination. the movie shatters a box office records. take a look at the nasdaq 100. we are up meaningfully in the session, but we are coming off the back of three straight weeks of weekly declines. we were talking over the weekend about the nasdaq 100 being in correction territory. we have $10 trillion or so of market cap reported across microsoft, meta, and amazon. apple is a name we are watching really closely. it kind of opened lower and has been trading choppy, and now it is modestly lower, basically flat. a bloomberg inclusive, apple's ai features have been delayed and will miss the initial release of ios 18 in september. the company plans to release apple intelligence by october but will make it available to software develop

caroline hyde, paul sweeney, here simulcasting on radio and television.g on bloomberg. head over to youtube, you can find us there. jobs data today, jobs numbers came in better than expected on the headline basis, but small -- smart people like michael mckee tell us to focus on the revisions as well, so we will get to that in a moment. we did speak to the acting secretary of labor of the united states to get her thoughts on the u.s. labor markets. take a listen. >> it's another very solid jobs report. 206,000 created bringing the total to nearly 16 million. i have been here before talking about the unemployment rate. we had an unemployment rate wherefore the longest stretch since neil armstrong stepped on the moon, it has ticked up partly because we see an increase in labor force participation rates for primate workers, people coming into the market and looking for jobs. it's taking them longer to find it but there is a balance between supply and demand when it comes to workers looking for jobs and employers finding what they need. all signs of a strong a

dough hyde, between 2 year old finishing the job, 61 and 6. the has yet to advance fee. on the 5th round beth, across full full time grant. so i went to the assault as one who's this message, boom, boom, 16th for japanese. one. the 1st space against bronson is deann perry but lost the 2nd 6. 1. the school was but it's, it's a soft when the 3rd 6 to to secure his foot in the 2nd round and buttons and the red econo is also up and running. the 2021. he says, and champion, has had this issue struggles with the injuries over the last few years, even needed a while to, to get into the wimbledon rule this year, which was on form against mexico's renata. is that a zoo? uh 76632, red. com the history has to be made at the to the phones the way it would raise bmw gigabytes has become the 1st black african writer to win a stage game. i took monday. stage 3 is already the 1st black africans with a grand to a stage which you did at the 2022 junior. they tell you equity, those richard got past holds. the overall deed is yellow jersey and simone biles as sec