caroline hyde and mandeep singh, senior analyst for technology over at bloomberg. , i want to go to you forced us to you first. i couple days ago, there was an idea of the office being completely shut down and a lot of people saying twitter will not make it through the weekend. what stands out to you? caroline: the fact they had all-time usage but many people are not working there right now. this clear there was a hard-core ultimatum that elon musk was asking people to decide whether they were going to stay and sign up for a new and intense version of twitter. there were a lot of these emojis and people saluting. many decided to leave the business and they had to make a u-turn and softer view over whether you can work from home. trying to bring previously fired managers to do the persuasion. there were a lot of concerns that with this level of usage, we will start to see a stress on the platform. that is why you are seeing the spanish government and german government? a they will stay on the platform. amber: it does not seem at a good idea to advertise that nobody i

caroline: i am caroline hyde. ed: this is bloomberg technology. caroline: the man behind enron liquidation and ftx's ceo says prior management of the disgraced crypto empire is the worst he has ever seen. overseeing the bankruptcy saying of -- tweeting is hurting their case. ed: cisco's ceo joins us to talk about supply chain improvements and the need for job cuts. caroline: a week away from holiday shopping season. digital retailers more important than ever. macy's ceo joins us exclusively. first and foremost, a check on the markets. as borrowing costs rise, most interest rate responsive stocks fall. that is technology. s&p 500 up by .3%. big tech was in the line of fire. this is where the main volatility was. the bond market. the two year yield pushing up 10 basis points on the day. that is we hear the narrative coming from the federal reserve. we think bullard and kashkari. citing more hawkish all over again. we are thinking of the fact that the market and the economy looks pretty strong. jobless claims today lower than expected, showing that th

caroline: i'm caroline hyde i'm bloomberg's world headquarters in new york. ed: and i'm ed ludlow. this is "bloomberg technology." caroline: coming up, violent protests at apple's main iphone plant in china. the latest on the bloomberg's group that could impact sales. ed: sam bankman-fried says the ftx part went from $60 billion in collateral to $9 billion. more on that and how sbf got his start on wall street. caroline: elon musk is having second thoughts about that moderation counsel after saying activists broke the deal. more on that and musk's new trend of quoting himself. risk on, another second day of trading in the green, the s&p up. mastec up almost 1% -- nasdaq up almost 1%. the federal reserve giving little tidbits from what was being discussed. the key takeaway is most of the people at the federal reserve right now don't think we should be hiking at a piece of 75 basis points and into infinity. they think we will slow down the pace, therefore may be a peak in terms of this rate hike cycle, and indeed inflation. we are seeing riskier assets like bitcoin getting a bid. curr

caroline: i'm caroline hyde in new york. ed: and i'm ed ludlow in san francisco. this is "bloomberg technology." caroline: sam bankman-fried is taking questions in the wake of the ftx contagion. we will bring you the headlines as we get them. ed: and the tragedies of tiktok. bloomberg's big take investigates how trending challenges on the platform are turning out to be deadly for some children. we discuss why the world's most popular app is not doing more to protect them. caroline: meanwhile, the ceos of earn your leisure are set to explain why their platform is selling out venues from msg to the royal albert hall. first, let's check on on these markets. what a day for tech stocks. we are having our highest rate on the s&p 500 since september 9, up for the biggest day since november 10, which shows how volatile markets continue to be. the nasdaq 100 getting up a lofty 4.5%. chip stocks up more than 5.8%. the reason why, a more dovish interpretation of one fed chair powell. he was talking about the direction, the piece of rate hikes. it looks as though that pace mig

caroline: i am caroline hyde. ed: this is "bloomberg technology." caroline: the dow hit silicon valley harder. we talk technicals. edit: amazon web services ceo discusses the new in-house chips and the latest on restructuring. caroline: twitter is no long policing covid misinformation. elon musk takes aim at the app stores. first, let's check in on these markets because it was another down day. we were focused on the macro picture, more focused on what fed chair powell has to say tomorrow. what will he hint in terms of policy and will it impact valuations on the nasdaq 100? we are off the lows of the day. the s&p 500 managed to push off its lows. still close down by .10%. volumes relatively muted. i'm looking at this particular etf, the technology select etf sector. notable analysis saying this is going to underperform the s&p etf. from a technical perspective, it looks like we are likely to go back to november lows, 3% lower versus managing to break through a technical support level fraud in -- brought in in april. i'm also watching crypto because n

i am caroline hyde. ed is in san francisco. .e talking apple wait times to get your hands on the new top-tier i 14. a little worrying for analysts ahead of the key holiday season. ed: look at the data. if i go on apple's website, try to buy an iphone 14, it will tell me the delivery date is december 30. there is a chorus of analysts that are worried consumers are like, it is not available now, i will wait, and that could impact sales for the holiday quarter, which could impact the stock. a stock that has performed better than the s&p 500. still down year to date. that is the supply side of the story. the demand side as well. ubs -- ubs evidence lab has done its annual global smartphone consumer survey. 7000 respondents and people surveyed across key markets, u.s., u.k., germany, china, japan, and the u.s. and china, the number of respondents that said they will buy an iphone at some point in the next 12 months is down a percentage point from the same period last year. in other markets like the u.k., japan and germany, the number

kriti: joining us now is the host of "lower technology," -- "bloomberg technology," caroline hyde. the market tells us to reward the stock for it. caroline: we can talk about how much analysts downgraded the outlook coming into the season and they beat sales falling, but not as what is expected. this company is managing to have the right product for the right income bracket, they don't just have macy's, they have bloomingdale's, etc., we saw sales rise on both of those areas, so therefore they are able to really be catering to a kind of consumer that is less affected by inflation. what you have jeff saying that it is a compounding effect. inflation is something they have to keep on worrying about into the future. therefore the inventory management is so crucial, when looking across the board at other players that have just built up in general about 30% year on year inventories, macy's just built up 4%. they have been very digitally savvy in this manner. kriti: walmart said they actually cut their rising inventory by 50%, something that really made them the outperformer relative to h

>> i am caroline hyde. >> i am ed ludlow's. this is bloomberg technology. >> the genesis is the latest concern in a worldwide crypto liquidity crunch. more on how the fall of ftx will reshape crypto as we know it. >> tiktok's project texas. that is the plan to isolate u.s. data. >> and an exclusive conversation for you about telehealth. the ceo of cerebral has come under scrutiny for -- and that a serious conversation to be had. we will check in on these markets. >> we have an idea that inflation is picking the next day. we are followed by good as being bad news in the markets. they are worried about the federal reserve. a number coming in terms of their focus. we have these rates expected to rise. let's flip it up there. right here, we think about chip stocks and the earnings you will digest. they were down more than 4% on the day. this is about the amount of demand. >> demand had not dropped off a cliff. this is really boosting cisco. video as well beating expectations. it's actually datacenter in the third quarter has taken

caroline: i'm caroline hyde at bloomberg's world headquarters in new york. >> i'm ed ludlow in san francisco. caroline: coming up ftx contagion continues well the by nan ceo seeks to be the new savior of crypto. we reflect on the fallout with one of the early ftx investors. >> president biden and china xi jinping have charted a path between the two nations. the impact on the analogy sector, particularly chips. caroline: tech layoffs and geopolitical worries, can start still raise money? we are going to be speaking with a legendary vc investor. plus an exclusive conversation with the maven ceo. first, let's check in on these markets. let's get a macro picture first and foremost. we are looking at some chips coming off the table. unsurprising after the two day warily we had to end last week. the cpi euphoria back a little bit as we tried to read the tea leaves again within the federal reserve's. bond yields rising. may be your decision to be putting money into technology comes off a little bit. the nasdaq off 1.1%. key tech players dialing back by a percentage point. interesting as we start to

caroline: i'm caroline hyde. ed: and i am ed ludlow. caroline: the ftx followed grows. genesis is the latest concern in a crypto liquidity crunch. more on how the fall of ftx will reshape crypto as we know it. ed: plus, tiktok's project texas, to isolate user data in a project with oracle that the ceo says is expensive and unprecedented. caroline: and an exclusive conversation about telehealth with the ceo of cerebral, which has come under scrutiny for patients with a history of substance abuse. it was a down day. the volatility is going to be prevalent in the macro arena. we had the ppi, the idea that inflation is peaking. the next day, we are followed by good news being bad news for the markets -- the retail sales looking too strong for the market to digest. they are worried about the federal reserve and the number coming in terms of their focus on hikes that still have to come. we hear it from john williams at the new york fed. the s&p 500 falling on the day. the nasdaq is up as we expect rates to rise. that has a big impact. bitcoin -- 16,500 is about were betrayed,

♪ caroline: i am caroline hyde. ed: im ed ludlow. this is bloomberg technology. roline: we are awaiting sentencing and the elizabeth holmes case. punishment for her role in the collapse of theranos. one of the biggest scandals in silicon valley history. ed: twitter's workforce shrinks. more employees resigning than anticipated. caroline: will ftx ever recoup their losses. we have the ceo of do not pay, a company backed by ftx. but first, markets. if you are looking at the nasdaq, we are completely flat on the day. overall it was slightly better mood music for the equity markets. we are expecting a flood of volatility that did not come. pushing higher by .5% on the s&p 500. the volatility was in the bonds markets. this is more about a focus on the fed and hawkish tones coming from the federal reserve. flip it on again. over the course of the week, with all the tech layoffs and worrying earnings signs. the nasdaq was only off by 1.5%. in large part, we thanked chinese names. ed: an interesting week. the friday before thanksgiving has got to play a role. earnings are

congratulations on the effort with caroline hyde and we look forward to that on monday. mr.eau. i want to push to the data and i do think it is very important. we will take a real minutes to get onto what jon ferro will do in a bit and what we will do in radio. i will not mince words. what i saw yesterday at 8:30 and 30 seconds and i will use this word with great respect, i have never seen it ever. the power of the short cover that we saw yesterday at 8:30 was extraordinary and it continued through the day with acceleration into the market and into the u.s. and there is a lift today and it will be interesting to see where the vix closes. futures up 22 and dow futures up 167. with veterans day as we honor our soldiers across all of the world and particularly in america, i know the vice president will be at the tomb of the unknown soldier later today as president biden travels. what is so important is the character of the move we saw yesterday. stay with us as this unfolds and far more importantly looking forward to the asia opening to see what next week will bring including c

i am caroline hyde in new york. we want to be discussing how geopolitics is front and center. is upon us. it appears the u.s. and china relationship is kind of warming up. ed: we are trying to read the markets because the un-, relationship might be a little different from what we are hearing from china and chinese officials. a little red on the board to start the week, but it was actually the u.s.-listed china adrs that did better, outperformed. looking at the golden dragon china index. on camera, there is a warming of relationships. going into this meeting, we were super focused on semiconductors, a lot of policy action is from the u.s. is focused on curbing technology experts, chip exports to china. now, off-camera, we actually got a blunt statement from the chinese ministry referring to existing u.s. policy that starting a trade war or technology war is not what china wants to be doing. not being in the best interests of the economy. even though we had a public show of affection between the two nations, there is a lot of concern here about what the u.s. is doing to curb tec

caroline: i am caroline hyde in bloomberg's world headquarters in new york. ed: and i am ed ludlow in san francisco. this is "bloomberg technology." caroline: uncertainties around china's covid curbs. what unrest means for apple and iphone production in the months ahead. ed: plus, sticking with apple, the tech giant is being called out by none other than elon musk. the putter chief tweeting its ceo tim cook asking if the company quote, hates free speech. caroline: and another one bites the dust. blockfi has filed for bankruptcy in the aftermath of ftx in the u.s. government is among one of the key creditors. we will explain. but first, let's check in on the market because today was a day once again of federal reserve macro picture impact inditex stocks. s&p 500 off by 1.5%. similar moves in terms of the nasdaq off by 1.6%. once again fed speak seems to irk the market. the leaders over at the new york fed jong williams, for jim bullard, both talking about the need for further rate hikes pre-rates go higher -- rate hikes. it has been trading lower versus the u.s

♪ >> i'm caroline hyde in bloomberg's world headquarters in new york. >> i'm ed ludlow in san franciscothis is "bloomberg technology." caroline: bob agre's return as disney ceo comes as the company deals with challenges internal and external. ahead, the biggest priority for the comeback king of content. ed: and genesis facing bankruptcy. the entire industry faces a liquidity crunch. and we have learned u.s. prosecutors opened a probe of ftx months before its collapse. caroline: we will break down how tech layoffs create a wave of issues for non-u.s. citizens that worked for silicon valley giants. but first, let's check in on the markets. let's go broader because overall, there was a bit of risk aversion in the market. volumes are low, we have a shortened week. the technology sector under some pressure. it is up of the day. nevertheless, stress as we see more people focusing on what the federal reserve will have to do to her tail information, whether they will hike rates at a pace of 50 or 75 basis points. many moves up. kraneshares in china. i have been looking at the etf's that track t

♪ >> i'm caroline hyde in bloomberg's world headquarters in new york. >> i'm ed ludlow in san francisco>> bob iger returns as disney deals with challenges internal and external. the biggest priority for the comeback king of content. : genesis morning of bankruptcy appeared the entire industry faces a liquidity crunch and we have learned to u.s. prosecutors opened a probe of ftx months before its collapse. caroline: we will break down how tech layoffs create a wave of issues for non-u.s. citizens that worked for silicon valley giants. check in on these markets. overall there was a little bit of risk aversion. volumes low paid we have a holiday shortened week ahead of thanksgiving celebrations in the u.s. the technology sector under some pressure. off of their lows for the day but stress as we see more people focusing on what the federal reserve will have to do now to curtail inflation. whether or not they will be hiking rates at a pace of 60 or 75 basis points. money moves up. crane shares csi china. i have been looking at the etf's that track the etf giants. they had been lower on the d

(soft music) caroline: i am caroline hyde.