emily: alex webb there. coming up, from the tennis court, to vc's.speak to serena william about the next generation of start up champs. ♪ emily: welcome back to "bloomberg technology." i'm emily chang in san francisco. let's get back to the markets. ed ludlow is taking a look at chinese tech companies, who have had another rough day in u.s. trading. reporter: i think if there was a pocket of pain on monday, it was in u.s. listed shares of chinese technology companies. for everything going on in the world, the outlook for the federal reserve and rates, that what is happening in ukraine and global quantity -- commodities, chinese tech companies also have to track what's going on with policymakers in china. these stocks have been fluctuating all over the place. down percent, underperforming broader indices. we're we are left is a situation where wall street and analysts are not getting it right on their forecast for the price of u.s. listed chinese companies. these are big names like alibaba and jd.com, tencent music. what this board shows is the percen

emily: alex webb, there. huawei earnings out, despite tightening u.s. sanctions.s is bloomberg. ♪ emily: welcome back to bloomberg technology. shares of tesla jumping 8% after the company said it would seek shareholder approval. the newsng the stock higher despiteive sources say tesla has halted production at a shanghai plant. ed ludlow with the latest. why another stock split? ed: the street is hypothesizing the rationale is the same as the last stock split, which is to lower the barrier for entry. elon musk has talked regularly about how tesla investors on the retail side are often tesla owners. they owned the cars. they own the energy productshavf the company than institutional investors. with the stock at the level it is, it might be inaccessible to them. i doing a stock split, you lower the per unit price and it democratize is the access to the stock. emily: what were details to we have on how this will work? ed: that is the whole problem. we don't have details. tesla came indicated this in a tweet. then they put out a regulatory filing saying they are to ask

joining us to discuss is bloomberg's quicktake alex webb. rough the implications of what this means for chelsea, what it means for roman abramovich and what it means for their relationship going forward. alex: we know they cannot accept money for a bunch of different things. they can pay their players but the issue is if they cannot receive money from new ticket sales or even from forecast revenue which they can take but it will be frozen, how will they be able to afford those players. it makes considerable losses. that has been bankrolled by roman abramovich for the best part of 20 years and have made losses in excess of 120 million pounds. that is to the covid year. for roman abramovich it was an asset which brought him a sort of legitimacy in london but it became a risk when parliamentarian stood up and said we need to crack down the oligarchs. one oligarch they name is roman abramovich because if you go to any briton on the street and ask them to name and oligarch it will be roman abramovich. this is one of reasons yes top the list of tar

emily: alex webb there. coming up, from the tennis court, to vc's.speak to serena william about the next generation of start up champs. ♪ if you're a small business, there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security for total peace of mind. and you choose fiber solutions with speeds up to 10 gigs to the most small businesses. that's virtually everywhere we serve. the choice is clear: make your business future ready with the network from the most innovative company. comcast business. powering possibilities™. emily: welcome back to "bloomberg technology." i'm emily chang in san francisco. let's get back to the markets. ed ludlow is taking a look at chinese tech companies, who have had another rough day in u.s. trading. reporter: i think if there was a pocket of pain on monday, it was in u.s. listed shares of chinese technology companies. for everything going on in the world, the outlook for the feder