this is "bloomberg markets: the close" with caroline hyde, romaine bostick, and taylor riggs. e: we are kicking you off to be close. two hours left. can we you turn again? the whipsaw is real. romaine: this is a major whipsaw. despite all the volatility this week, you're talking about a major god -- major guide. caroline:

. >> i'm caroline hyde in new york and for emily chang this is "bloomberg technology," coming up the next hour netflix kicks off big earnings. will stocks continue to fall even after earnings, the turnaround today. kanye west buys the social media platform that is embraced by conservatives, towards twitter with allegations of political censorship. we will have more on the investigation into the crypto. first and foremost really get started with the markets. the stoxx surging monday traders snapping up textures ahead of key earners, ed ludlow has the key movers. emily: it wasn't -- >> it was an interesting session, tech outperforming, for all the fed speak and economic risk we are turning our attention quickly towards earnings. there was a broader risk off -- what is interesting is we will ease into it a little bit. looking at the market cap in the technology sector come this be 500 reports this week. it is a slow start -- the s&p 500 reports this week. it is a slow start, then as the week gets going we have the mega caps with their numbers. what is clear is that expectations have com

caroline: i am caroline hyde in york in form emily chang this is "bloomberg technology," coming up the next hour earnings come thick and fast, we doubt in on alphabet, they missed estimates. search, youtube, network division fall below endless dictations. the company uses a point system help you pay rent or a home down payments all the valuation couple overnight, will talk to the ceo about the unicorn status and what they plan to do any tough housing market. it is the only story need to read about crypto, matt levine has written a cover to cover issue in bloomberg businessweek, the second of its kind in history. we went delve into the market impact a strong day for technology shares before the closing bell. afterwards we are seeing some pressure, taylor riggs runs to our pressure tells we should expect for the markets. taylor: caroline you know the story just as well as i do. take a look at after hours, i love the caveat you put in there. before the market close things look ok, after hours given the misses that you described in the open, microsoft down about 2%, google down about 5.6%

this is "bloomberg markets: the close" with caroline hyde, romaine bostick and taylor riggs. ne: we are kicking you off to the close with two hours left in the trading day. tech taking a tumble but resilience elsewhere. romaine: resilience is a mixed bag. you talk about why tech is taking a tumble. earnings yesterday out of microsoft a

. >> the most crucial moments in the trading day, this is "bloomberg markets: the close," with caroline hyde, romaine bostick, and taylor riggs. caroline: two hours, the technical term. romaine: the other technical term we are talking about is the pivoter. taylor: to unpivot.

this is "bloomberg markets: the close" with caroline hyde, romaine bostick and taylor riggs. ♪ carolinet a trading. what a wild day it has been. romaine: we came out of the gate really low. hit about 2% on the day. we are trying to crawl back to the green. that is

caroline: i am caroline hyde in york in form emily chang this is "bloomberg technology," coming up thearnings come thick and fast, we doubt in on alphabet, they missed estimates. search, youtube, network division fall below endless dictations.

caroline: i'm caroline hyde in for emily chang. coming up, xi jinping's power grab. equities have their worst day in hong kong since 2008. how will tech navigate this new euro? a huge earnings week -- amazon, apple and meta -- we will break down what to expect. after washington's move to -- we delve into the $15 billion delivery market on the brink. we will get into those stories in a moment, but let's get you up to speed with the markets. it was a record drop for u.s. list of shares in chinese tech companies. ed ludlow, you can break down the biggest news. ed: for the golden dragon index, closing at its lowest since 2013. the market trying to passover and what it means from a policy perspective. it was interesting because traders had turned defensive and what is a key week for earnings. the nasdaq 100 trading at highest level after a second consecutive day despite yields continuing to creep higher. but in the background, this introduces a new story. come into the bloomberg terminal and look at this chart. overnight, in hong kong, you look at the drop on the hang sen

. >> the most crucial moments in the trading day, this is bloomberg markets, the close, with caroline hyde>> we kick you up to the close two hours left in another day of resilient trading amid turbulent geopolitics. romaine: this is the weekly focus more on the fundamentals. this is still a macro story. >> the fundamentals have not been that bad for the quarterly earnings season. it might be getting better

. ♪ >> the most crucial moment in the trading day, this is a bloomberg markets: the was with caroline hydestick, and taylor riggs. caroline: waking up to the desk kicking you off to the close, normal day. taylor: we are now hearing that elon musk and twitter, that resolution contingent on gti

. >> the most crucial moments in the trading day, bloomberg markets: to close with caroline hyde, romaind taylor ratings. -- taylor riggs. caroline: two more hours of trading and a more cautious day. raquaam: --romaine: we are coming off two straight days of about -- broad-based rally swept on its head to a broad-based selloff. 43 of the 50 s&p stocks in the red. taylor: yields are higher.

this is bloomberg markets the close with caroline hyde, romaine bostick, and taylor riggs. >> we kickff on the close, and a hot cbi print. wilde vol

caroline: this is "bloomberg technology," i am caroline hyde in new york.et back to the markets. let's get back to the chip sector in particular. bloomberg's ed ludlow with the latest in terms of semiconductor delivery times. ed: the data coming from susquehanna financial group, 26.3 weeks, down four days from the previous month. that does not sound like much, but the biggest gap since between when it is delivered and the order is placed. it is the biggest month on month drop in leadtimes, since the firm started recording the data. there are still pockets of tightness and supply according to the confirm. particularly micro controllers and automotive specialized chips. you see the chart we are at elevated levels. this is a market where supply is an issue. at least we are now heading in the right direction. at the same time we hear these worrying signals about demand, amd whose third quarter sales estimates missed by a billion dollars. intel will be laying off a thousand workers because the demand for pc chips is dropping off. there has been so much pain in t