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>> this is bloomberg technology with caroline hyde and ed ludlow. caroline: i'm caroline hyde in new york. ed: this is bloomberg technology. caroline: coming up, intel. we will break down the implications. ed: china tech firms report earnings -- amid an uncertain economy and we will break down the results and a look at why jd.com is bucking the slowdown. caroline: crypto 6 -- -- bitcoin custodian bitgo -- the cl will join us later to discuss how and why they did it. let's check in the markets and there is a slowdown on the border markets. the nasdaq is slowing down. when you look the best -- the nasdaq 100, we are seeing nervousness encapsulating the story in china, the macro implications of what that means for the u.s. and investor sentiment. the two-year yield dipping down. we are seeing 4.94 on the two-year. the pound, this is the inflation anxiety gripping through the u.s.. inflation is hot in the u.k. 6.9%. the pound is the outperformer when you look at the key core currencies. one key currency, bitcoin up 3/10 of a percent. the language at this

this is bloomberg technology with caroline hyde and ed ludlow. ♪ caroline: i'm caroline hyde a blue worldi: and i am ed ludlow --ed: and caroline: caroline: i'm ed ludlow in san francisco. we boon you -- we bring you the biggest takeaways ed: from earnings. ed:plus, analysts sour on growth caroline: for the company. caroline:activision deal getting done finally. submitting a new bid

caroline: i am caroline hyde at bloomberg world headquarters in new york. is is "bloomberg technology." caroline: shares of peloton plunge after issuing a disappoint

caroline: i am caroline hyde. ed: imf the low in san francisco -- i am ed ludlow in san francisco. caroline: data breaks raising funds out of $43 billion valuation while is to call -- while instacart file for its ipo. dani: -- ed: apple revamping its ipad pro. caroline: spacex's dragon successively -- this actually docked at the international space station. -- spacex's dragon successively docked at the international space station. we are down 4% today, -- low volumes at the moment and the two year yield stabilizing and we are down one basis point but about the 5% point level and how far we have run out in terms of borrowing costs. all eyes on which china is trying to do to stoke its economy and it managed to fizzle out in terms of chinese trading. we are seeing that pullover i missed some chinese names trading in the u.s. but it is fallen off hard -- it has fallen apart. the nasa golden dragon up two percentage points -- the chinese golden dragon up two percentage points. we have come down 11% from the 30, 29,000 level and we are in range bound, 26,000 seems to be the moment as we h

caroline hyde you can catch caroline connan "bloomberg technology" in 30 minutes time.s is bloomberg. ♪ avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh alix: we are about an hour into the training session on friday. it's been quite a week. the selloff continues. options expiring as well. abigail is checking the moves. abby? abigail: nasdaq 100 near session lows. the first four days since the beginning of march on weakness, not surprised we will take a look at that in the moment. we have yields down, the 10-year yield down for basis points, and that should be providing relief for investors, although on the other hand, you have bonds rallying and stocks down. crude oil down a little bit. that is a risk as had pitted -- that is a risk asset. it is staying above wti crude committee dollars per barrel. to alix's point, it's what we have been seeing all week. down 2.64%. this is the worst week si

caroline: i'm caroline hyde in bloomberg's world headquarters in new york. in san francisco. this is bloomberg technology. caroline: crypto assets surge as the u.s. overturns the fcc. we will cover you throughout the hour. ed: we bring you the latest from the earnings front.

caroline hyde spoke with the ceo of macy's earlier. carolyn: certainly did. we have a conversation on the phone a little bit earlier. this is a person who is trying to steer -- read between the tea leaves of where the consumer is going in the united states. they are concerned about backing credit spending and a tick higher in delinquencies. they are not worried about overall credit stability with the underlying strict -- or the underlying strength of the consumer. they say the consumer has more headwinds than they do tailwind's. they are seeing interest rates on the rise and have seen inflation. they are starting to see a consumer who is more discerning and wants to spend on experiences. blue mercury a performance, they are pulling back from the way in which we spent on items. that is why we saw macy's sales fall. even bloomingdale's stunning the pullback, too. -- starting to pull back, too. amber: to what extent did e-commerce blunt the sales declines? caroline: this is an area of strength that macy's feels leon. they've been bringing to market something cal

this is bloomberg technology with caroline hyde and ed ludlow. ♪ caroline: i'm caroline hyde a blue worldeadquarters in new york. sonali: and i am ed ludlow --ed: and caroline: caroline: i'm ed ludlow in san francisco. we boon you -- we bring you the biggest takeaways ed: from earnings. ed:plus, analysts sour on growth caroline: for the company. caroline:activision deal getting done finally. submitting a new bid to the cma in the u.k. we find ourselves in a macroenvironment. tech has continued to outperform other benchmarks, even in the face of rising yields once again. we are seeing the nasdaq up just 0.25%. canines, all eyes on nvidia as we head toward the closing bell. the 2-year yield, a bit of calmness in the bond market. all eyes not only on earnings coming this week, but jay powell come friday and what he says about the future of borrowing costs in the u.s. interesting volatility in china's trading. we saw a pickup in buying. i am looking at the crane shares. basically some key internet names traded here in the u.s. holding on by about 0.1%. what is the key risk in this? we are see

this is bloomberg technology with caroline hyde and ed ludlow. caroline: i am caroline hyde. ed ludlow is off. this is bloomberg technology. analysts call out a perfect storm in the markets amid sapping sentiment. look at the outlook for the tech sector. plus, crypto. applico -- liquidations as prices fall. we look at what is behind bitcoins volatile moves. gearing up to be the biggest ipo of the year. chipmaker arm is set to line up 28 banks for public offering. we will bring you the latest on the company and who else is arguing the ipo. it's been a volatile week for markets. abigail doolittle, you do it so well. abigail: we have had stocks all over the map. apple flipping to the upside, down earlier sharply, weighing on major indexes when they were down across the board more than .5%. at this point, apple is up slightly. we have heaviness on the market from other big tech names like nvidia, microsoft, and meta-platforms. nvidia will be reporting next week. will the stock that is up more than 190% on the week, will the results really deliver what investors are looking for re

caroline: i am caroline hyde. ed: imf the low in san francisco -- i am ed ludlow in san francisco. out of $43 billion valuation while is to call -- while instacart file for its ipo. dani: -- ed: apple revamping

caroline: i'm caroline hyde. bloombrg technology.keith rabois will sit down with --

caroline: i'm caroline hyde in new york. ed: this is bloomberg technology. up, intel. we will break down the implications. ed:

caroline: i'm caroline hyde edward bloomberg's world headquarters in new york. ed: i am ed ludlow in san francisco. this is bloomberg technology. caroline: the pc slum continues. a date -- hp falls, cutting his profit outlook. we will bring you the safe for consumer electronics. ed: has apple sets a date -- as apple sets a for the iphone 15, huawei reveals a mysterious new smartphone. full coverage straight ahead. caroline: and will we -- we will hear from the ceo grayscale sitting down with the leaders of several companies to talk ev's in semiconductors. let's check in on the markets. after yesterday's hard rally, we are managing to tread water when looking at the key benchmarks. nasdaq .6%, volumes are down, but maybe the good news and the bad news of the gdp data and jobs data in the united states, looking at the two year yield, we follow her as the federal reserve has a little more breathing room and it comes to an economy that continues to push fast when it comes to jobs and growth. i'm looking a big coin, up by 1.4%. this is amid a weaker u.s. dollar on the

this is "bloomberg technology" with caroline hyde and ed ludlow. caroline: i'm caroline hyde in bloomberg's world headquarters in new york. ed: i'm ed ludlow in san francisco. this is bloomberg technology. caroline: crypto assets surge as the u.s. overturns the fcc. we will cover you throughout the hour. ed: we bring you the latest from the earnings front. it tops profit estimates, morehead. caroline: raised 100 mil dollars to reach a $1.6 million valuation. we sit down with the ceo to discuss but first let's hone in on what has been the story of the last hour, bitcoins surging, the sudden move to the upside. we are back in the $27,000 range and the crypto space up 5.6% because it seems the federal court has gone against the grain of the sec and decided -- a signed maybe we can carve away for a bitcoin etf. this is about the grayscale move prodding in. ed: we also see the app unsurprisingly play out in crypto related stocks. coinbase jumping by the most in more than six weeks. colleagues are bloomberg intelligence have a note out that kind of implie

caroline: caroline hyde in new york.igger benchmark of the powers of technology is trading flat. sentiment has been changing. we are worrying about the 10 year yield, it is up six. 5, 6 basis points. we have seen this sudden shift higher in terms of longer shift rates. this resilient u.s. economy means perhaps they have to keep rates higher. what does that mean for risk assets? bitcoin is down. we have broke through the level we have sustained for several weeks. we are now sub-28,000. the lowest in two months for bitcoin. the nasdaq 100 is managing to poke into the green. apple lower in terms of points, a percentage point. worrying about how to stimulate and drive forward growth of iphone sales after their numbers disappointed. over in latin america, a key fintech focusing on new banking. up 5%. the cofounder and ceo is selling about 30% of his stake. cisco up more than 4%. the numbers looking good. ai, already $500 million worth of sales. ed: a story about the corporate world. what about the labor market? a new survey f

coming up caroline hyde and and ed ludlow. this is bloomberg.ou've got the power of xfinity at home. now take it outside with xfinity mobile. like speed? it's the fastest mobile service around. with the best price for two lines of unlimited. only $30 bucks a line per month. that's hundreds in savings a year when you wave bye to the other guys. all on the most reliable 5g network nationwide. you really shouldn't walk out the front door without it. switch today at xfinitymobile.com. it's an amazing thing when you show generosity of spirit to someone. and you want people to be saved and to have a better life, then you don't stop. the idea that we have saved five million people's lives, it's overwhelming. it's everything. ex from the heart of where power and money collide in silicon valley, this is bloomberg technology with caroline hyde and ed ludlow. quicktime caroline hyde. and i'm ed ludlow. this is bloomberg technology. coming up, we get the read on the state of the e-commerce consumer. we break down the walmart. strong online growth. plus, the

innovation, money and power collide in silicon valley and beyond, this is bloomberg technology with caroline hyde and ed ludlow. caroline: i'm caroline hyde. bloombrg technology. this is bloombrg technology. -- this is bloombrg technology. we keith rabois will sit down with -- we will sit keith rabois down with cash we will sit down with -- we will sit down with keith rabois. it is a summer day in the markets. abigail: we have relatively small moves for the index. the s&p 500 has flipped lower so we may be looking at the longest losing streak of the year. a piece of it has to do with some of the big tech laggards we are looking at. a bright spot is apollo alto networks, stock soaring, the best day in a few years. guidance strong. investors excited for that. they reported after the about friday a very unusual thing to do. that's the quarter was clean and better than expected, it is not being reported. nvidia come up 4.7%, analysts raising price targets. apple dabbles a little. despite the fact that it is a small decline, with a bigger decline, intel down 1.6%, they have cut 146 positions in califo

and ed ludlow. ♪ caroline: i am caroline hyde at bloomberg world headquarters in new york. : and i'm in san francisco. caroline: our strategists sour are intact? we will break it down. ed: buy now pay later company beats estimates and fourth-quarter results. there is an insane share reaction we will speak to the ceo3+. caroline: china'smatuan business falls and we will have that and so much more throughout this hour. let's check in with the jay powell results. he manages to stick to his usual partyline and no great surprises in a hawkish tone in jackson hole. the nasdaq is down about 1/10 of 1%. we are up about four basis points on the longer and in the 10 year but a little bit more of a hawkish tone but it didn't upend the market entirely. bitcoin is off slightly. moving on to the picture of the week, amid this volatility in these worries of china and the macro sentiment, we hold onto gains through the nasdaq 100 throughout the five days, up six -- 0.6%. some of the nvidia excitement has started to fade. ed: it's definitely powell that's impacting the technology sector but

caroline: i am caroline hyde at bloomberg world headquarters in new york. ed: i am ed ludlow in san francisco. this is "bloomberg technology." caroline: shares of peloton plunge after issuing a disappointing forecast. ed: we push earnings out after the bell from nvidia. does the ai rally have staying power? caroline: speaking of semiconductors, we are looking at huawei building a secret network of chip fabrication across china. we will bring you the why. let's check in on these markets, because even though we have anxiety it feels like a short squeeze in the bond market is lifting text stocks higher, 1.6% . the nasdaq on the upside. there's much help on the earnings to come even though some that we are about to dive into a looking -- into our looking ugly. we are seeing it across the entire curve, across the entire world. you are seeing bond buying in the u.k., europe, and the u.s. some technical elements at play. some ugly data when you are looking at the pmi data suddenly slowing in europe and seen weakness in the u.s. maybe bad news is good news on the da

. ♪ ed: caroline hyde is off today, this is bloomberg technology.tability ai breakout success faces threats. consecutive executive departures. we will bring you the reporting. full coverage of reported earnings from pelletier and we will have an exclusive conversation with spotify se integrate ai technology into its product. let's get straight to our top stories. stability ai is confronting executive departures, struggling to raise funds and an accusation it has not paid its bill in time. after breakout success the start of faces mounting risks to its edge in the booming field of generative ai. the reporters who broke that story, they join me now. what were the main takeaways that we learned in the course of our reporting? rachel: we spent several months looking into the story and speaking to people including the person behind and accompany that came out of nowhere. has the ceo that tends to make loose guided comments about things that have not happened yet and the company seems disorganized thought -- disorganized i would say. ed: what put stabilit

this is bloomberg technology with caroline hyde and ed ludlow. caroline: i am caroline hyde.ogy. analysts call out a perfect storm in the markets amid sapping sentiment. look at the outlook for the tech sector. plus, cry

caroline: i'm caroline hyde edward bloomberg's world headquarters in new york. this is bloomberg technology. caroline: the pc slum continues. a date -- hp falls, cutting his profit outlook. we will bring you the safe for consumer electronics. ed: has apple sets a

this is bloomberg technology with caroline hyde and ed ludlow. i'm caroline hyde at bloomberg's world headquarters in new york. and i'm ed ludlow in san francisco. this is bloomberg technology. coming up, we'll discuss the outlook for china's tech sector. and as it's the biggest companies are preparing to report results, how will the slowing growth picture for china actually weigh on investor sentt

. ♪ ed: caroline hyde is off today, this is bloomberg technology.ts. consecutive executive departures. we will bring you the reporting. full coverage of repored

this is bloomberg technology with caroline hyde and ed ludlow. i'm caroline hyde at bloomberg's world headquarters in new york. and i'm ed ludlow in san francisco. this is bloomberg technology. coming up, we'll discuss the outlook for china's tech sector. and as it's the biggest companies are preparing to report results, how will the slowing growth picture for china actually weigh on investor sentiment? plus, we'll talk the state of electric vehicles as ev maker vinfast goes public via spac. we speak to the ceo about the deal and studio giants offer a new deal to striking writers in hollywood. we'll bring you the latest reporting on that matter. but first, we dig into these markets. we look at here in the us, strong economic data over in china, a slowing picture, and we try and marry it all together as well as what's happening in the uk. from a macro perspective perspective, the numbers are so strong here in the us. when you look at retail sales rising, more than expected, what does that mean for a federal reserve that has to keep on perhaps push

caroline hyde is off today. full earnings coverage ahead. lyft falls after the ridesharing

caroline hyde is off today. full earnings coverage ahead. lyft falls after the ridesharing company reported its lowest revenue growth in two years. the company unveils its first all electric escalade iq. amazon is in talks to be an anchor investor in arms ipo in a deal that could raise $10 billion for the chip company. first, a check on the markets. tech is lower. the nasdaq 100 is down more than a percentage point. the philadelphia semiconductor index was softer by one point 6%, underperforming the market. we are waiting for the cpi print on thursday. we get that data and we think to ourselves, what will the federal reserve do next? there is posturing in the market from that point of view, but earnings will be a theme of the show. we've had a number of earnings interviews with ceos and the reaction to the downside is also a factor, particularly for the nasdaq 100. the 10-year yield goes back down to 4%. the steady trickle down from 4.2% to 4%. bitcoin is still at the same 29,005 hundred u.s. dollars for token level. these are the key name s

caroline hyde is off. this is "bloomberg technology." coming up, for earnings coverage as we wrap results from pinterest and push ahead to qualcomm. we wrap chipmakers from amd, look at softbank's ipo eying evaluation of more than $60 billion. plus a deep dive into the world of crypto and we speak to the ceo of the scanning cryptocurrency project world coin. nasdaq 100, very tech heavy index, add session lows, down more than 2%. we had hot labor market data, the treasure issuing debt, that is weighing on things and earnings story at the center, you think about semiconductors in particular, the stoxx or philadelphia index underperforming, down 4%, double the decline of index, the biggest drag amd. we will get to that in the second. u.s. 10 year yield above 4% and bitcoin moving back above 29 thousand u.s. dollars, the token we will focus on crypto halfway through the show with sonali basak. the earning story, two names in particular, to start with amd, it beat on the top expectations in the quarter gone, sides of recovery in the pc market

ed: ed ludlow here in san francisco, caroline hyde is off today. this is "bloomberg technology."rprise operating profit but misses a revenue estimate. we sit down with the ceo. plus we look a competition in social media as elon musk's x tries to become an everything out. we discu

caroline hyde is off today and this is uber technology. full earnings covers ahead as apple loses its 3 trillion market cap around amid tepid demand for iphone. amazon seeing strong revenue growth even as the e-commerce giant rains in the spending under ceo andy jassy and nicola replacing its ceo of less than a year of running the electric truck maker. and why and -- and why a familiar face is taking the wheel. abba's on an amazon reporting -- apple and amazon reporting quarterly earnings, its market cap now below 3 trillion u.s. dollars. a lost that market cap around. the other end of the scale, amazon up 11% on an intraday basis on track for its biggest jump since november, a beat across the board. we will dive into the earnings of both companies but i want to start with apple because this is a really big change of sure. softness for iphone in the fiscal third quarter gone, over new rev -- overall revenue beat expectations but it fell 1% year-over-year. that makes it the third consecutive quarter that apple is seeing a year on year sales

ed: ed ludlow here in san francisco, caroline hyde is off today. this is "bloomberg technology." coming up, for earnings coverage as uber reports acer far -- surprise operating profit but misses a revenue estimate. we sit down with the ceo. plus we look a competition in social media as elon musk's x tries to become an everything out. we discuss with the ceo and get a read on private markets an venture capital with our venture spotlight. a quick check on the markets, this is the technology corners of your equity markets, 100, soft abide, 210%. we are treading water when it comes to the tech sector. 2% gain on the nasdaq 100, last week week earnings driving the narrative, underperformance in the u.s. listed shares of chinese technology names, the nasdaq golden dragon index down 1.7% as we continue to gauge what is going on in the chinese economy. particularly from the regulatory standpoint and chinese a government attitude towards some chinese tech players. and again bitcoin now below 29,000 u.s. dollars, traded for the last 10 days or so in this narrow range between 20 9000, 20 95

caroline hyde is off. this is "bloomberg technology."ings coverage as we wrap results from pinterest and push ahead to qualcomm. we wrap chipmakers from amd, look at softbank's ipo eying evaluation of more than $60 billion. plus a deep dive into the world of

this is bloomberg technology with caroline hyde and the bow.d: caroline hyde is off today but this is bloomberg's technology. robotech sees get a big win in san francisco.

caroline hyde is off today and this is uber technology.l earnings covers ahead as apple loses its 3 trillion market cap around amid tepid demand for iphone. amazon seeing strong revenue growth even as the e-commerce giant rains in the spending under ceo andy jassy and nicola replacing its ceo

. >> this is bloomberg technology with caroline hyde and ed ludlow. to the bloomberg world headquarters in new york. ed: this is bloomberg technology. caroline: the tesla challenge, the company because prices in china again, sparking worries of another global rise all. ed:

watch caroline hyde and ed ludlow on bloomberg technology, the only daily business show dedicated to tech right in the middle of the trading action. 12 p.m. on the east coast, 9 a.m. in the west, only on bloomberg television, your global business authority. retail sales improve, market sentiment deteriorates live from studio two at bloomberg headquarters in new york, i'm romaine bostick. and i'm katie greifeld. kicking you off to the closing bell here in the us. less than two hours to go into the close and you're looking at a market with pretty red moves on the screen. the s&p 500 off as two is the nasdaq 100. i'm not going to say good news is bad news, but i could because retail sales came in hotter than expected. that's increasing bets that the fed will have to doo

caroline hyde is off today. an elon musk bid to make x an everything apple.hey are changing policies to expand data collection. we will break down what has changed ov

>> this is bloomberg technology with caroline hyde and ed ludlow. caroline: -- ed: i'm ed ludlow in san francisco. caroline is off. it is these capital spending and production costs lower-than-expected. we will bring you all of the details. president biden imposes limits on u.s. investments in china. alibaba returns to growth across all of the main divisions, defying china's economic turbulence. we will take a deeper look at the supreme court ruling in the epic case siding with apple, at least for now. the other big story was inflation, gaining 0.2% last month. the slowest pace of gains for two years. the market starts thinking about the fed and then says maybe the fed will skip a rate hike in the next meeting. why do we care about the fed? higher rates discount the valuations for future cash flows for names on the nasdaq 100. the main text -- the main tech index outperforming but we are basically treading water. the other big risk as it is bitcoin. we are the same level we have out for two weeks. the u.s. 10 year yield climbing back up. remember the

. >> this is bloomberg technology with caroline hyde and ed ludlow. caroline: welcome to the bloomberg world headquarters in new york. ed: this is bloomberg technology. caroline: the tesla challenge, the company because prices in china again, sparking worries of another global rise all. ed: paypal has a new ceo finally, the new leader and how he may be able to help the stock that has slumped post-pandemic. caroline: it is time to move on from the potential cage fight elon musk, but will wait? -- but will we? i am looking at the nasdaq, managing to pick ourselves up from the concerns we had from china. the big chinese names that are traded here in the u.s., they are still under pressure as much as they were in earlier days trading. we are now off by half of that, this is the anxiety around both management and exposure there over in china, and warm with the property market, how much of the market will stimulate this economy. there are some anxiety in the bond market, a couple of weeks, in terms of the 10-year, 4.2 on the 10-year that we see, 5% on the tw

. ♪ caroline: on caroline hyde at bloomberg's world headquarters in new york. g technology. caroline: nvidia blue past estimates. we will ed: bring you the detai

. ♪ caroline: on caroline hyde at bloomberg's world headquarters in new york. : i'm ed ludlow and this is bloomberg technology. caroline: nvidia blue past estimates. we will ed: bring you the details. plus, for market coverage and cover other tech names like snowflake. caroline: and we talked all things artificial intelligence, but we start with the ai story that is pervasive for the entire market and even though nvidia comes off of its highs trading in excess of 6% higher, we are up more than almost two percentage points higher but it's extraordinary where these price targets have been moved to. one price target was $1100. this could still double and it's an amazing set of numbers. ed: this is the third consecutive courseware nvidia's guidance for the current fiscal quarter was way ahead of expectations revenue in the fiscal third would be $16 billion. in the second quarter, data center is everything, 10 point $3 billion way past expectations of $8 billion and the growth is coming from the united states. it's the enterprise company but it's interesting to note

caroline hyde is off today. an elon musk bid to make x an everything apple. they are changing policies to expand data collection. we will break down what has changed overnight. full earnings coverage ahead, we will break down results from salesforce, crouch strike, and okta. the ceo will join us. the race for the first bitcoin etf. who is going to win? we will discuss. matt hougan joins us to weigh in. to our top story and x planning to click to biometric data from users. how will they plan to use it? let's break it down. let's start with the new policy. what is x doing differently? >> if you look at their policy, they added this area about my metric data. we know it means things like fingerprints or iris scans. based on your consent to they will start collecting the data if you allow them. ed: there is also jobs data and education. you and i had this in question which is how do they collect this biometric data. i asked x and this is what they told us. basically two ways, you have the option to show them the government issued id and take a selfie as sort of t

joining us on set his bloomberg technology cohost caroline hyde. can we talk about vinfast? his the new meme play? caroline: only 1% is traded. 99% is still controlled by the founder, the wealthiest man in vietnam. we can go through the numbers. this is a company that is going to be trying to double its 24,000 cars made in the integrity of 2022 and currently worth more than boeing, worth more than goldman sachs. this company is trying to make ground in the united states. that is why it is listed a couple of weeks ago. this has still had to recall all of the automobiles it made that it sold in the u.s. this is a company that is not a surefire bet. however, it is worth $163 billion,, more than disney more than goldman, and many are questioning why this has happened. dani: that is insane. i literally had no idea what vinfast was but i spent the last two weeks in vietnam. i learned quickly and i saw so many vinfast cars. but i asked someone about the ipo he said, i am not into it because here in vietnam barely anybody can afford a vinfast car. they are going to buy a cheaper chin

. >> this is bloomberg technology with caroline hyde and ed ludlow. ne: -- ed: i'm ed ludlow in san francisco. caroline is off. it is these capital spending and production costs lower-than-expected. we will bring you all of the details.

. ♪ ed: i'm in san francisco and caroline hyde is off today.oming up, teslas shock change of cfos. up to 13 years at the ev maker and elon musk's health is in focus is talk of a zuckerberg cage fight heats up. plugging a 48 billion dollar blackhole, artificial intelligence could fuel a rebound at softbank is the japanese conglomerates vision fund seeks to snap five quarters of losses. we go live to lisbon as a key leader response to portugal's probe into a european telecom giant. first, let's get a quick check on the markets, the nasdaq 100 is basically flat, up 0.4%. the tesla news sees the tesla declines accelerating and dragging down. the yield on u.s. 10 year treasury is below 4.2%. that has been the story, the selloff in bonds and the push higher in yields and its impact to the equity market. apple is down for a fifth consecutive day. we had earnings last thursday and now we are worried about the labor market and later we will bring you details of this. valentine's down and that's a stock that's getting more than 130% since its last earnin

. ♪ ed: i'm in san francisco and caroline hyde is off today.as shock change of cfos. up to 13 years at the ev maker and elon

bloomberg's ed ludlow, you can catch at in caroline hyde on bloomberg tech.ve to talk about a love story between amc and its shareholders and the stock jumped after taylor swift announced an eras tour movie that will be at amc theaters. entertainment was a big part of the spend. will this feel it another lake higher? alix: they are saying amc will have a minimum of four shows a day but this is so smart because if you want to jumpstart movie peter tickets, mission impossible seven will not do it. that was barbie and taylor swift and amc is a meme stock for people so the combo should be interesting. dani: i have a small grant i will make and abandoned. make more -- more movies for women. that is all. this is bloomberg. ahhh the power goes out and we still have wifi to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of th

. ♪ ed: caroline hyde is off today and this is bloomberg technology.rnings coverage from qualcomm to etsy, expedia and beyond. plus, we sit down with an exclusive conversation with flex port and are ryan

. ♪ ed: caroline hyde is off today and this is bloomberg technology.oming, fuller earnings coverage from qualcomm to etsy, expedia and beyond. plus, we sit down with an exclusive conversation with flex port and are ryan peterson who has joined founders fund and where he will invest in the world of venture capital. and superconductivity is having a moment and we will explain where a potential breakthrough in technology has been driving both excitement and controversy. let's get a quick look at the markets. we are treading water with the technology quarters. the nasdaq is flat and earnings are a big part of the story but we see a cell often treasuries. the yield on the u.s. 10 year treasury is the highest in nine months but there is a concern about the cost of bother -- of borrowing. . the philadelphia semiconductor index is softer by 0.3% and a big part of that is all come which is down by 10%. we will get to that shortly. the two big ones we are braced for, apple and amazon report after the bell. we will look ahead and think about what the macro enviro