ed: welcome back to bloomberg technology ed ludlow in san francisco.e: let's check on these markets. there is a little bit of concern as we had to an important week for economic data. we have pce, housing data strong. mastec is on the higher side at .27 but europe is off. we have a thinner liquidity. as we think about with the previous bitcoin exchange that went under with 19 billion in bitcoin held up. what is the micro data telling us about a company like mnra and modernity. we are taking profits from a dharna at the moment and looking what's happening in texas instruments. an investor taking a stake in what do they want? more cash flows. nvidia, this is why we see tech stocks do well around anxieties around the data. ed: this is a story we have covered step-by-step for a number of months. elon musk x ai has raised 6 billion and incomes less than a year after the debut. joining us now is kurt wagner. we know the numbers they publish them in a blog. but a good place to start is he managed to attract big-name investors the kind you want behind you. kur

ed: welcome back to "bloomberg technology." ed ludlow in san francisco.ding the week on a high in equity markets. the nasdaq 100 is my go to tech heavy index. it is trading at a record high. we are also on track for the fifth straight week of gains which is the longest streak of weekly gains going back to february. the story this week has been about nvidia propping up the market following its blockbuster earnings. other names moved to the downside. we had the softer secondary data this morning. consumer inflation expectations, that made us think maybe rate cuts will happen at some point this year. who knows? the other big story of the week is what is happening in the world of crypto markets. i want to go to my dear friend, sonali basak, in new york, who would tell me all about ether. sonali, it has been a week of whiplash. but see how far we have come before we talk about the implications on what it would mean for the ftc to formally approve a spot ether etf. this is bitcoin on the screen. you do have it trading over 68,000. what did it take to get their

ed: earnings. outside of earnings but let's start there with the tale of two ridesharing apps, uber and lyft. uber has a lot more to it. in its quarter, there was issues of seasonality, regionally, it was a bit weaker and the stock was down pretty significantly. and the little brother of rideshare, lyft. they were strong. it was stronger than expected and they're seeing some bumping activity for the riders themselves, not just rider growth but stickiness, the amount they're using it. and rifton. it's a difficult one. it's about the future later in the hour. is this really going to plan and then there's reddit. the debut earnings. shares higher for reddit. let's bring in prescott scenario, steve huffman. you're doing well. the ad environment seems good. but i want to start with the next big thing and that seems to be in the user economy. that seems to be your focus. tell me about the user strategy. steve: the user economy is the family of products and futures that we're building to facilitate transa

ed: ed ludlow in san francisco. caroline: full market coverage. applied materials failed to impress investors. what does it say about the sector? ed: ai and reddit announce a partnership. caroline: we sit down with core we've -- weave. let's check in on a market that's been ramping for four weeks. we are seeing the best month so far for the year. tentative gains. we pooled gains as the week progressed. stoxx 600, less optimism on the day. seeing gains through the week. we are still near or at record highs for a lot of benchmarks. a reassessment of the fed. some of the data showed a healthy cooling of the u.s. economy. crypto on the up and up. notable risk on sentiment throughout the week. ed: reddit is up, flirting with a record high, 14% since ipo in march. the deal with openai is a two way. openai licenses reddit to get text data to train models. reddit is talking about building ai products into the forum on top of the language models. applied materials makes the machines that makes the chips, like tsmc. it beat estimates but the upper range giv

ed: and i am ed ludlow. this is a special edition of bloomberg technology. we will speak to the ceos and visionaries driving change in silicon valley and beyond. caroline: we will be speaking with the seals of arm and more as part of our special. ed: we will push ahead to our keynote speakers later today that include evan spiegel and more. artificial intelligence is probably the overriding theme of the event. it is ai everything, even in some cases if you are not an ai company. caroline: if you are not the ai company, you will think about how you can adapt to it and bring out the productivity. how do we live up to the hype? the valuations are extraordinary. they have been heavy in the public markets. we have seen real use cases. ed: these events are always very interesting and very engaging. everyone is very positive. in the background there is a talent wall and people are running out of cash. we have to ask difficult questions. caroline: and geopolitics. how are you navigating the issue of china as well. so much talk about. here in the now we are talking ab

ed?rank: crowdfunding has an implication. we are not raising money on the internet. . we have brought in guggenheim securities to help organize how we raise money. the investors here should be a broad -- reflect the broad coalition we are trying to create here about reclaiming the internet and using this as an opportunity to do that. . i would imagine in addition to private capital that it would be pension funds, endowments, foundations, interested in a return, but not only a return on their capital, that have a longer time horizon and would like to see the internet re- architected so it is better for all of us and it supports democracy, supports civil society and protect young children. the book i wrote recently called "our biggest fight" get into detail about the harms the current version of the internet are doing to all of us. it's not limited to children, but especially children, and i think our number one obligation is to protect kids. . caroline: in fact, thought, leadership there f

ed: u.s.secutors making their closing remarks annual stream of revenue for the company, and the result of this is that there has been a stifling of innovation across the the tech industry. we would have seen certain developments like i hit the market much sooner if it were not for this to to have taken place. hey mike bear with me for one second. on a day where tech stocks are pretty markedly higher, alphabet parent of google, is the only stock that's pretty low and is a points drag at the index level for a very quick. i don't draw a causal link between the move and the news headline, just just explain what happens next in this process. well, in this to be fair to the company, they are arguing this is not a question of anticompetitive behavior. google is saying, we make a better product and you should not penalize us for that. but it will take the judge several months to deliberate. but we are expecting a ruling before the end of the year. this is a significant case. this is the first in a ser

ed: i'm ed ludlow in san francisco. caroline: full earnings coverage or had. we have cisco it's outlook conservative we will hear from the cfo. ed: walmarts results posted big jump in its online business. caroline: we will be sitting down with start up perplexity to discuss complexity and the search place. nasdaq out of new record high. global stocks still raise higher in the economic data gives us confidence but will the agency be able to cut? 10 year flat. this is a risk on day. we have seen, down on the day at $65,000 level. it's not all risk on n. end. ed: walmart is up 6%. this story is a search on growth in its online business. we will go to j wolf to talk about that. cisco is now down 2% in its outlook was seen as strong. we are going to hear from the cfo to break down the networking gear. we come to china. jd.com we are learning who the winners and losers are in the e-commerce space. ali baba is up, why? jd.com number one and ali baba number two. . caroline: investor sentiment more broadly. we will tackle these record highs with chief global strategist

ed: i'm ed ludlow in san francisco. this is "bloomberg technology." caroline: coming up, the amazon web services ceo is stepping down from the job. details to come. ed: openai unveils an update as google kicks off and ai update today. caroline: and we sit down with the buy now pay later ipo. but first, what's trading in the public markets? maybe a bit of a reprieve and spirits, even with the ppi number that produced a price index that came in hotter than anticipated with a sign of ling in the key areas the fed will be focusing on here in the u.s., pulling up in the nasdaq, notably even though we saw initial knee-jerk selloff it is back to rallying on the two-year yield. shining light on what's happening in the highly shorted names like stop, amc, an extraordinary rally for no fundamental reason with high short interest stocks, bet against in the rocks market. moving on to have a look at what's happening on the world of bitcoin, no move or read across from the meme frenzy to the crypto frenzy. bitcoin, selling off a bit. we heard from key players withi

ed: i'm ed ludlow. this is bloomberg technology. caroline: full chip coverage ahead.he latest headlines from nvidia, arm, intel, and more. ed: apple nears a deal with openai. caroline: shares of gamestop surge admitted speculation that roaring kitty is back. we discussed that and so much more. let's turn our attention to the macro picture. new headlines coming from the new york fed when it comes to consumer sentiment. it is still running hot, 3.3% in terms of where consumers see inflationary pressures being in a year. still holding onto gains, .3% higher. cpi on wednesday, ppi on thursday. 2-year yield remaining higher. borrowing costs remaining high. money going in, yields go lower by two basis points. bloomberg dollar index also down, some anxiety around inflation despite the new york fed data. let's look at what is happening in bitcoin. even though the dollar is up by .1 percent, crypto is higher by 2.3%. i know that you'll focus on gamestop. this is the read across from some of that renzi, related names. what have you got on the micro? ed: gamestop. meme stock man

ed: i'm ed ludlow in san francisco per this is bloomberg technology. caroline: amazon posts the biggest cloud sales growth in a year. details to come. ed: full chip coverage ahead as amd disappoints. caroline: we sit down with the ceo of pinterest as revenue surges. let's check in on these markets. a little bit of nervousness ahead of the fed when jay powell comes, bouncing off of our lows but of course more broadly technology dragged low by those earnings and the read across down by 2.5% on the stocks. you'll be digging into one of the ultimate names pulling down the key chip index. the 10 year yield catching a bid. now they are catching a bid because we see the u.s. treasury upping its supply in the coming quarter but notably we have seen some worrying signs when it comes to economic data. the price paid still on the upside. how much we are seeing a cooling or studying of the economy. saw some weaker jobs data. moving what's happening in terms of the individual movers. from a crypto perspective, bitcoin down 4.3% on the day. $57,000 we currently trad

this is bloomberg technology with caroline hyde and ed ludlow. ed: i am at in san francisco. this is bloomberg technology. we bring you live comments from former president trump we will hone in on tech earnings. we speak with eu commissioner to talk about social media, elections of misinformation. we are awaiting live comments from former president trump. for more, let us go to anne-marie hard earned --hor dern. president trump is already given comments and made the position of the trial known. we had brief comments yesterday. he said the election will be when the final verdict is rendered. we are looking for insight into his temperament and how he has reacted to this historic verdict and what he has to say about the path forward for him. july 11 is when he's scheduled to be sentenced. and then november 5, the general election of the united states. just a couple of days of thought court date is the republican national committee meeting. trump's lawyer talked about their attempts to appeal. paying attention of god in helping to get some insight from donald trump . ed: if there

ed: i'm ed ludlow, live from dell technology world in las vegas, this is "bloomberg technology." caroline: we will have full coverage from ed as he speaks on nvidia. we will hone in on them to get a preview of what we can expect from their earnings later in the week. the grayscale ceo, leaving the company after three years at the helm. that and so much more. a quick check on the macro as we see record high after record high across the benchmark, the nasdaq, the s&p 500, the dow, all powering higher on the fact that you are still seeing perhaps that geopolitical risk, of course, with a fatal crash happening in iran, not enough to take away the overall focus that is the macro policy of a federal reserve that can potentially cut rates into the second half of the year. that's what the market wants to see coming off of the bond market yields going up one or two basis points with quietness as we have a lot of fed speak to digest. copper at a record high, medical -- metal, gold, copper, a conundrum when it comes to the federal reserve, but record highs in the commodity space. in the wor

ed: let's check in on the markets.ock of 10% on track for its biggest dump since november 2021. that is boosting the stocks. nvidia also pushing higher, the names intervening at the index level. apple, that is the big one. aftermarket earnings. again, particular focus on china. bearing what we just heard about the domestic handset makers gaining market share, that is probably where the focus will be. then i will throw in bitcoin, because why not? it trades 24-7. it's like trying to keep track of a waterfall if you know what i mean. that is the market picture for you right now and then a lot of fed speak thrown in between. >> meanwhile, were going to give you sort of a broad perspective of the u.s. ipo window at the moment. a little bit more macro in our venture capital. that is next. this is bloomberg technology. (♪♪) (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 inno

ed: good morning. this is ed in san francisco. my head is often outside the bounds of our atmosphere and open space. i was interested to see your deal with ast. star link is doing a lot with the other carriers. i wondered if you have a really creative view of what the addressable market is for constellation direct to sell. john: i think we have a view of it. i don't know whether or not we will understand exactly how consumers will use this. we have done a lot of work to not only understand who is the segment of the population that truly needs always on connectivity. that is truly what we want to do here. most people wake up in the morning and say they cannot afford to be off the internet. some folks have a lifestyle that takes in the places where they get to the bottom of the grand canyon and cannot continue to post to their website about what's going on with their family and it is really important to them or they have an important business call. there are others who do it incidentally. maybe they are on a road trip on the interst

i'm ed o'keefe in tonight for adrianna. we begin in texas where there's a brief break in the rain but a flood watch across the third most populated part of the country. some areas of texas have seen 12 inches fall in recent days, triggering mandatory ee vax asians. the governor has issued evacuation orders for almost 90 of the state's 254 counties. several storms could produce large hail and spawn large tornados. houston especially has been swa swamped and that's where we find cbs's jana s. good evening. >> reporter: good evening to. you we were with first responders as they put themselves at risk with floodwaters here still rising. relentless floodwaters rising in southeast texas, even amid a break in the rain. but no rest for first responders. >> this neighborhood has not seen the worst of it yet? >> no, and that's the sad part. >> reporter: we joined deputies on an air boat making rescues around the clock. >> this is the worst i have seen, second only to hur kay harvey. >> reporter: lieutenant david jasper says this neig

unlike ed davey in chichester. — particular? unlike ed davey in chichester, i— particular?hester, i don't _ particular? unlike ed davey in chichester, i don't think - particular? unlike ed davey in i chichester, i don't think there's much chance of rishi sunak walking through shot in the newsroom here, he's been talking to veterans in a pub. in truth, it's been a quieter day for the prime minister than the last few days, he had been sitting around the country but we are not expecting to hear any more from him today after this morning which was pretty low—key. he didn't address michael gove and others are standing down. what we have heard from the conservatives today is more of a focus on the economy. that comes after the influential think—tank the institute for fiscal studies said that the public finances are hanging over this campaign like a dark cloud. we have a chance lejeremy hunt in an interview with the daily telegraph this morning saying he would be focusing on tax cuts for working people —— the chancellor jeremy hunt. that's on top of the two he has already done. he

ed: full disclosure, we are a ring family.here he's worried about what's going on in socal. he consults his phone to check in. these new areas, do you see a meaningful split or proportion on what sales are driven by security i guess -- given -- driven by what is i guess social interaction. >> a lot of why people buy is they want to be connected to their homes. they want to see what's going on and feel safe and secure. what they find is there's any number of convenience features to using it. i would suspect what your father shows you is not just security and safety features but funny things that happened at home or surprising whether or any number of things that make you connected to your home or small business. caroline: that is allowing you to make some revenue, a drive $20 a month subscription and you're now aiming and have attained profitability prayed is that sustainable? liz: i believe so. it's just the beginning of significant business growth. we grew double digits in continued growth here especially as we think about ri

davey today— keir starmer on friday, ed davey today - _ keir starmer on friday, ed davey today — theyand sensing opportunities. the tories — and sensing opportunities. the tories cah— and sensing opportunities. the tories can pick up seats in scotland. _ tories can pick up seats in scotland, it's quite an extraordinary difference compared to england _ extraordinary difference compared to england. the polls seem to suggest they will_ england. the polls seem to suggest they will hold the six that they one last time, — they will hold the six that they one last time, but there's also a couple others _ last time, but there's also a couple others simply because the snp, even though— others simply because the snp, even though they aren't the uk government, have an incumbency problem _ government, have an incumbency problem because they've been in

ed your danny. -- ed yardeni.mberg. ♪ >> the consumer is starting to say that these prices are becoming problematic. >> the consumer has softened which makes some sense giving the pressures out there. >> the one thing causing people to go home is the stagflation we've been seeing. >> the biggest tail risk is inflation. if inflation is higher, that is a big risk. >> the cpi data will show this trend that disinflation has stalled. >> this is "bloomberg surveillance" with jonathan ferro, lisa abramowicz, and annmarie hordern. jonathan: this is what it is all about. 30 minutes away from u.s. inflation data together with retail sales. the third hour of bloomberg surveillance begins right now. 8:30 eastern, the two data points to watch. this just dropped from citi and andrew hollenhorst. andrew saying we expect soft retail sales to show consumer demand is slowing and why they think the fed is on track for a cut in july. lisa: if we get the in-line print for cpi which is expected as we just heard all focus goes to retail

ed more about what ed davey was saying this morning-— this morning.davey is always trying to change _ this morning. ed davey is always trying to change line _ this morning. ed davey is always trying to change line that - this morning. ed davey is always trying to change line that we - this morning. ed davey is alwaysl trying to change line that we have been hearing from sir keir starmer, but he is targeting that as a specific crop of seats with the lib dems are essentially the challenge are parties to the tories. he says he has his eyes on about 80 seats and he is confident he can take quite a few of them of the tories. he is saying to the tories in these particular areas, the blue wall, the blue coast, places like eastbourne and lewes, he is saying, if you want the best chance of kicking out the tories, which he thinks many people are feeling inclined to do, vote lib dem. it is interesting that he has chosen to fan out to the specific states first unlike keir starmer and rishi sunak you have gone across the uk in the past 48 hours, ed davey is focusi

ed: it is a macrolevel event, frankly.s a brilliant piece on the terminal this morning about growth on the s&p 500 with and without it. nvidia is a big driver of eps in the quarter. technology is an interesting place for the market to be. the h 100 has driven accelerator sales. they will do $40 billion of ai accelerator revenue this year probably. you have black wealth later. there was concern that in the middle part of the year, there might be a pocket where they are having customers stop ordering h100 because they are waiting for the next generation of chips to come through. others say that will not be the case. nvidia is the only store in town. expect topline growth and everyone does well in the market. sonali: what are you looking for from your big interview soon? ed: i think it is interesting there are three american ceo's, not three sat next to each other historically. why now? how companies at that scale do business has changed. the service now software ceo used to have a direct relationship with jensen huang, the c

out in _ and ed petrie for the work they have out in 0ur— and ed petrie for the work they have put inanisers. studio: we are— put in. our fantastic organisers. studio: we are going - put in. our fantastic organisers. studio: we are going to- put in. our fantastic organisers. studio: we are going to leave i put in. our fantastic organisers. . studio: we are going to leave that there are now. that result there in merton and wandsworth for the greater london authority, significant there that the labour candidate won again, but actually, as she was saying there, she has increased her majority quite significantly. let's go back to nick eardley in the newsroom. i keep interrupting you because every time you start talking we get another result. but that's the beauty of a live election result there. what you make of that? it is no surprise she has won again but she has increased her majority quite significantly. yes, she has, don't worry about interrupting, it gives me more to put on the screen when you eventually come back. but this is the result we have just seen. as you see, leonie co coop

ed: the expensive kind.eveloping large language model tools is expensive, so i point you in the direction of nvidia shares trading higher today. one reason is extrapolating from the funding around it. xai will largely use h 100 to train the models. it's interesting, grock is the only public facing integration of their work. it is trained on data from that social site. clearly, they need money to compete on talent and on compute. what they do with that in terms of a consumer or enterprise facing tool, we don't have a very good sense of. vonnie: for his part, altman said he wanted to build a super intelligence. ed: elon musk is known for his productions and timelines, but often he misses those. he says artificial general intelligence is something he sees happening next year. he has been inconsistent. he signed the infamous letter calling for a pause on ai and was asked on that last week. do you want to be a spectator or participant? he believed that there should be a pause in the development of ai, but believe

ed, it is great to see you. congratulations on the award. ed: thank you.e really proud of our team and their ability to deliver outstanding results for our customers. it is what makes these awards humbling to receive but hungry to continue to win. guy: you have to keep it up, don't you? ed: keep it up. guy: let's talk about the market and the customers you talk about. we did see the american downgrade in terms of its guidance a few days back. your comments about what is happening at american. also to get comments on whether you are comfortable with your current guidance. ed: demand has been strong. i think that was the issue with the american numbers. as we have indicated through the last several years, consumer demand and priority to invest in experiences continues to be really healthy. june for us is always the largest travel month of the year , of the calendar. we have to see how general go, but i'm confident it will be a good result for the quarter. guy: are you seeing any evidence that inflation and it is inflation day, that inflation is starting to h

ludlow. -- hyde and ed ludlow.." caroline: full earnings coverage ahead. and we're going to be kicking off the show with the reddit c.e.o. steve huffman. ed: and we'll turn to ridesharing and sit down with the c.e.o. of lyft. caroline: and we'll hear

i agreej with sir ed davey, there needs to be a root _ with sir ed davey, there needs to be a root ander's allowance and all the other linked benefits — allowance and all the other linked benefits. if we lose the carer's allowance, we lose our housing benefit, — allowance, we lose our housing benefit, we are homeless. it is not 'ust benefit, we are homeless. it is not just about — benefit, we are homeless. it is not just about the money, it is devastating across the board for both carer — devastating across the board for both carer and caree, and devastating across the board for both carerand caree, and it devastating across the board for both carer and caree, and it needs to he _ both carer and caree, and it needs to be looked at, it is punitive. thank— to be looked at, it is punitive. thank you _ to be looked at, it is punitive. thank you all very much, particularly to diane and nessie and conor and rae and elizabeth and amanda. but all my other cats, we appreciate your time and making the effort because i know it is a monumental effort —— my other guests. it goes without saying, if

ed: diversify being the key point. there are so dependent, frankly, on the state of crypto markets more broadly. we had this a bigger picture academic discussion about the underlying technology. principally, blockchain. for them it is just an asset class. volatility in either direction is kind of good. i thought it was interesting, the data, the consumer transaction revenue doubled quarter sequentially. but, it is still institutional driving volumes. look at the sell side notes. they seized on that. they go, actually, even though the stock is down, they are tracking ahead of what the broader market activity is showing us now. >> it's weird because on one hand you have institutions showing up, at least by the numbers and then they have base that caters to the court crypto community. at the end of the day is wall street supposed to save the day for crypto? or well, frankly, the meme stock trader? i enjoyed -- ed: i enjoyed the interview. i had not undervalued -- interviewed her before. she is an interesting cfo. she is b

ed: jack, let's go back to basics here.here'll be members of the technology audience the pushback on a spot etf being the next listing of a piece as the standard tagline are bloomberg coverage. which is that ether is a native token of a theory him and a theory him is the most widely commercially used blockchain. what would be a response to that standard line? >> i apologize to those i offended. here is my point. bitcoin is the only money in the cryptocurrency space. it's designed and treated as a monetary asset so what do i think a theory him is? i think it is a technology which you displayed in your definition of it. it appeals to developers, they change the rules all the time. the market often conflates it as a money and a commodity. nvidia is a technology. these have cash flows, they founders, directors. people who set the roadmap. maybe i'm being a bit aggressive but i think it is different from bitcoin. i think bitcoin can be the world reserve asset, the one we used to store our time and energy. and a theory and can be

katie, let us talk through ed davey is now promising.- ed davey is now promising.ising. we are here in north queensbury in five i ed davey is now promising. we are l here in north queensbury in five and we have been hearing from the uk live then leader sir ebbe davey as well as scottish labour leader. their focus today is very much on health and it has been assessed this election was called. today, they have been talking about nhs dental treatment, describe parts of scotland as dental deserts. of course health has devolved in scotland, its ministers in hollywood and as mps, not mps at westminster. what davey and alice minister —— they want to send a message, they want to have local champions. westminster map in scotland is dominated by the snp is. the two party leaders appear today is that they want to take back at their seats. why take their chances and? —— what are their chances then? the -- what are their chances then? the snp took well _ —— what are their chances then? tue: snp took well over —— what are their chances then? tts: snp took well over 40 —— what ar

to keep an eye on ed davey's campaign.— on ed davey's campaign.campaign. we'll get more from scotland because - on ed davey's campaign. we'll get more from scotland because we i on ed davey's campaign. we'll get - more from scotland because we expect more from scotland because we expect more in the last few minutes and we'll talk to her in a moment or two. this is day one and it is important to remember it is a long campaign, i remember being on the road in 1997. it is a long six weeks and we are saying there, news actually happens and it's very important to be able to be nimble on the campaign trail. but physically for those leaders, everything focus on his them for such a long relentless period of time. we've got this election — relentless period of time. we've got this election campaign _ relentless period of time. we've got this election campaign running - relentless period of time. we've got this election campaign running as i this election campaign running as well as various other things that need to get done in the six weeks, we have this.

i spoke with ed dwight earlier about his history making flight. more interested in the power and the noise and the lift, going straight up in the air, instead of flying an airplane from a runway. it was quite fast. we got up to the speed fairly quickly. the getting into space part was more interesting to me than anything else. i never got out of my seat. we were laying down in the capsule. there was a big 10 foot tall window next to me. i was more fascinated with what was going on outside than inside. when we did get to zero g, the other members of the crew had designed -- these are all grown men now, designing a ballerina dance to do. i watched them a little. but i spent all my time looking outside. the thing that shocked me a little bit was separation. they have explosive bolts to hold the capsule to the booster. it was extremely loud. it felt like we ran into something. i was sure we would fall to earth. geoff: did you feel a sense of vindication? a semblance of justice? especially given the way you were denied the opportunity to go to space 60

we are 'ust waiting for ed davey * is happening?ening? we are just waiting for ed davey at the moment and i is happening? we are just waiting l for ed davey at the moment and we are told he is expected to arrive on quite a big battle bus, as they call it, as the lib dems launch their general election campaign this weekend and there will be a big push from the lib dems this weekend in the kind of blue wall seats, these traditional conservative seats the lib dems are going after, so here in south cambridgeshire put right across the south—west and southeast really, places like wimbledon, places like surrey heath as well, michael gove's seat, they were going to go for and really target that one even before he said he was standing down but they will certainly be going for it now i will certainly target other cabinet ministers�* seats, people likejeremy hunt�*s and thatis seats, people likejeremy hunt�*s and that is what the lib dems are really setting their sights on, places in the south—east and south—west and here in cambridgeshire, it

i think ed davey looks like he's i think ed davey looks like he's having — think ed davey looks like think ed davey looks like he's having the most fun. there strategy is to do the — having the most fun. there strategy is to do the knowing _ having the most fun. there strategy is to do the knowing embarrassing l is to do the knowing embarrassing dad route to. if that involves wet suits, slippery slopes, goodness knows... we met the paddleboard did make me laugh. knows... we met the paddleboard did make me laugh-— make me laugh. dancing at the... no, sto it! make me laugh. dancing at the... no, step it! that — make me laugh. dancing at the... no, stop it! that went _ make me laugh. dancing at the... no, stop it! that went from _ stop it! that went from being hilarious to _ stop it! that went from being hilarious to enough _ stop it! that went from being hilarious to enough of- stop it! that went from being hilarious to enough of the i stop it! that went from being i hilarious to enough of the gags. that's the whole thing. get hilarious to enough of the gags. that's the whole thing. ge

ed _ well. from the liberal democrats, it was a similar story. ed davey - was a similar story.rson was in the tv studios. we somerset, a spokesperson was in the tv studios. ~ . ., somerset, a spokesperson was in the tv studios. ~ _, ., ., tv studios. we could not look to raise vat _ tv studios. we could not look to raise vat or _ tv studios. we could not look to raise vat or income _ tv studios. we could not look to raise vat or income tax - tv studios. we could not look to raise vat or income tax or- tv studios. we could not look to i raise vat or income tax or national insurance, what we have set out is that we would reverse the cuts in tax to the big banks, i have said out today how we would tax more at the tech giants and digital and social media companies. the snp leader and _ social media companies. the snp leader and scotland's _ social media companies. the snp leader and scotland's first - social media companies. the snp i leader and scotland's first minister john swinney was brewing coffee in edinburgh this morning. the party are still working on its manifesto but has

ed: where is nvidia's place in the ai pc?'s gaming, again, i grew up with the gaming side of nvidia, do you have a place in the ai pc market? >> come back next year. >> bunch of nvidia gpu's and dell pcs and dell workstations, all of our gpu's have the same tensor cores that are running in h 100s in the cloud. so every one of our gpu's use ai to do its work. ai is going to transform gaming. all the end pcs, the nonplayer characters, they are going to be chatbots. ed: how will it be cut, for example? >> creating world will be easier. instead of instruction driven it's now intention driven. it's easier to write python programs. videoconferencing will be a lot better because of it. ed: what you did with blackwell and other products, you innovated by saying let's combine gpu, cpu. is that the next iteration for ai pc? you say here's the cpu that goes with it? >> we want to support every cpu the world makes. there are places like x 86. there are places that support arm. we support arm. we went to ifc, the top most energy-efficient

but, look, what you're doing's working, ed.i mean, it's not because i'm lazy, although i am. i like to -- [ laughter ] i just read the script, you know? >> seth: sure. >> and the script was written by gena welsh, who had worked with david milch, who was a good friend of mine. i had done two series for david. serious ones. >> seth: yeah. >> and neither one made it. but it was "big apple" and "john from cincinnati." anyway, she's a wonderful writer. so, when i read the script, i thought, i didn't think i was going to do the part, though. you know what i mean? i thought, "oh, i don't know. donald sterling." >> seth: sure. >> so, i had a lunch set up with her. and on the way to this restaurant to have lunch, i was already forming my speech of why i'm not going to do it, you know. so, i get there, and she's such a nice woman and she's -- we're talking and she's saying, you know, "oh, you can do this. it's going to be great." and i said, "sure, i'll do it." [ laughter ] and again, it's like the dream. >> seth: yeah. >> you know, i'm

. >> ed davey makes a splash at windermere. but are these kinds of election gaffes stupid or the secret to political success? >> closing arguments have been heard in donald trump's hush money trial , as the prosecution money trial, as the prosecution has urged jurors to find the former president guilty . former president guilty. >> and why does the uk have the most expensive diesel fuel in the whole of europe? we're going to be speaking to a motoring expert to get an answer shortly . expert to get an answer shortly. >> and in sport this morning, roland—garros has become a graveyard of red clay for british sound. like dan maskell, don't i? but british tennis players, as they're all out of the singles in the first round this year. manchester united may be forced out of next season's europa league. i'll tell you why. and i'm afraid another washout in the cricket as england just can't get warmed up for the world cup. >> good morning. there'll be further heavy, possibly thundery downpours today for some of us. you can find out all t

ed thomas reporting.tish citzen awards have rescinded the award they gave to mr anderson. in a statement, they said: we pride ourselves in recognising individuals across the uk who work tirelessly and selflessly to make a positive impact on their communities and charities. the information that has come to light aboutjames anderson's actions does not align with our values.we have therefore informed him of our decision to rescind the award. now it's time for a look at the weather with ben rich. hello. some places continue to bask under blue skies and warm sunshine, but for others, it's quite a different—looking day. some cloud and rain for one of our weather watchers this morning in cambridgeshire, in association with this frontal system. weather at the moment is still being driven by low pressure, centred to the south of us. but we will see some outbreaks of rain continuing westwards across the midlands into wales, some heavy thundery downpours to the south of that. for northern england, northern ireland a

and ed's so nice.the same room that like -- there was like a a daytime pianist that was like this 85-year-old woman, and she would come in to practice every day and had no idea who either one of us was. and she was like, "hey, it's my time to practice." and we'd be like in the middle of writing like -- >> jimmy: she'd throw you guys out? >> yeah, we were like in the middle of like writing like "perfect" or "happier." and she was like -- she was just like -- and ed's so nice. he's like, "okay." and he would like sit there, just like wait, just wait. [ light laughter ] she was a great pianist, i'll tell you. >> jimmy: and she didn't know you or ed sheeran? >> no, she didn't know anyone. i loved her. [ laughter ] >> jimmy: how did -- i love the story. but do you -- when you're there -- i mean, now you know how to do it. i mean, you've written so many great pop songs, and songs that are the most popular things on the radio. do you know -- do you have have a routine? you go, "jimmy, i know what we would do

olivia utley has been with ed davey.aving perhaps the most fun campaign, of any of the party leaders so far. not only has he fidden leaders so far. not only has he ridden a bike in wales, not only has he fallen in several times trying to wobble around on a paddleboard, today he has been, galloping , panting down a slip galloping, panting down a slip and slide. there he is on a bicycle. for those watching on television. there's his paddleboard and there's his slightly confected fall. and here is the marvellous , slightly here is the marvellous, slightly grey and drizzly, slip and slide that he's been in today. one wonders if he's actually done any campaigning at all. >> well, this is his form of campaigning, isn't it? he gets into the public eye. you know, some people might like the sort of dad joke type thing. >> well, i think it's fairly clear that whenever the lib dems come up with a policy, no one's particularly interested. but shall we talk to olivia utley, who joins us from the campaign trail in somerset. and, olivia

let's go to the white house and cbs's ed o'keefe.d evening, ed. >> reporter: good evening, norah. the president will not be seen tonight in any way to react to the verdict. the only official comment from the white house came from a counsel's office saying "we respect the rule of law and have no additional comment." in a written statement, the biden reelection campaign said in new york today we saw that no one is above the law. donald trump has always mistakenly believed he would never face consequences for breaking the law for his own personal gain. and it reminded americans that convicted felon or not, trump will be the republican nominee for president. biden remains in delaware tonight with his extended family, having spent the day privately marking the ninth anniversary of his son beau's death. the president's reaction to the verdict expected to be modest, understanding that for most americans come opinions on trump are already made. the verdict isn't expected to sway large numbers of voters in battleground states. to that end, a

ed - are there? i am in south camping l chair -- cambridgeshire. ed davey chair —— cambridgeshire.has just left and has big letters on it saying for a fair deal. they have called at the yellowhammer one. when it first arrived, he came to cheers from his supporters as he stepped off the yellowhammer one. he set out some key issue that the lib dems say that they want to be dealing with. he said that this election was an opportunity for the lib dems and thoseissues opportunity for the lib dems and those issues he sets out included the cost of living, reducing wait times to see a gp so within a week, thatis times to see a gp so within a week, that is his aim. stopping sewage going into rivers and beaches and sorting out hospital buildings as well. but crucially, he also had a message for younger voters and first—time voters. let's have a quick listen to that. first-time voters. let's have a quick listen to that.— quick listen to that. younger voters, quick listen to that. younger voters. like _ quick listen to that. younger voters, like everyone - quick listen to that. younger voters,

we have a judge that is ed you know what the conflict is but i can't say it because i'm under a gadech is another unconstitutional thing.h the presidential candidate leading everybody but i'm not allowed to speak bause i have a gag order. the first. no president is told not to speak. but the cover today of "the pose stories. a trial that canis is crazy. happen. it's a very sad day. this is dark day in america. we have a case tha should have been brought and should have been brought in another jurisdiction we asked for and the judge never just to add, we have an electnry everything was perfect. we had the f.t.c. that did nothing. it was fine. and we had a lot of other pe can give you a list of 40 people who would say the exact same thing as these people said. so thank you all very much. we'll seeow it es. this is a very dangerous day for amera, a very sad day. [captions copyright national cable satellite corp. 2024] ♪ >> today an u armada landed on the shores of normandy >> these a the boys. >> these are the menho tk the cliffs. these are the champions who helped free a continent. the

ed liberal democrats. of course. ed davey fell off a paddleboard in lake windermere earlier.ng customarily inflammatory. a humiliating climbdown when they apologised just an hour later. it's been an action packed couple of days. we'll have the full update after your latest news headlines. get in touch, though, before that, gbnews.com/yoursay have a have a say it's your show, but now it is those headlines and it's polly middlehurst. >> the top stories this hour. pensioners could be in for a tax break worth up to £24 billion every year as part of an election pledge by the conservative party. it could see cuts worth around £95 in the next tax year, and that could rise to £275 by 2029. the prime minister says it will be funded by a clamp down on tax dodgers. labour described the plan as a desperate move, but rishi sunak says it's part of the government's broader plan. >> what i believe is that if you work hard all your life, you should have dignity in retirement. that's why we've protected the triple lock, which is going up by £900 this year for pensioners. but today what we've a

ed: bryan, i have a different question for you.our colleagues have sounded the alarm on this idea of a no landing or soft landing. kind of warning that things could get choppy or. when you look at the data starting to soften in the jobs market, what is the rate of change that would take us from a place that is a comfortable softening of the job market to an uncomfortable one? bryan: i mean, i think we would agree with the bullish view. we agree with not just the right call, but the place on the curve you want to be, which is the front and. inverted yield curves cannot last indefinitely. we are seeing slowing all over the economy. the one thing that continues to hold up has been consumer spending. look at what is keeping consumer spending afloat. it has been lower savings rates, higher credit card usage. we look at the wealth effect. it looks like the balance sheet impact of high equity prices is keeping consumers' optimism high and keeping their spending high. the back in turn on a dime. this conversation so far has been about the

just like ed miliband's ed stone? plus, later in the show , gb news chris later in the show, gb news chris hope will sit down with the man himself to find out more. and today marks the 81st anniversary of the legendary dambusters missions that define british bravery and helped to turn the course of world war ii well. to mark the occasion, a team of raf cyclists will cycle 300 miles from raf digby in lincolnshire to a war memorial in the netherlands , marking the place netherlands, marking the place the crew sadly perished and will be live from that historic site , be live from that historic site, and the prince of wales has issued a stark warning about a global medical problem that could kill 10 million people by 2050. and that's all coming up between now and 6:00. when was the show always a delight to have your complete. so six steps. it's watsuki has launched today. are they any good? we'll have a full analysis, a full delve into them. can those pledges be met or will it be hung by his own petard? don't forget rishi

ed ludlow is off.oming up, baseless of reportingtsmc and asml down the key equipment in the event of innovation. we hear from the microsoft ceo as their conference builds off. actress scarlett johansson back against openai in the eerily similar voice. all of that and so much more ahead. we want to keep the record highs going. the nasdaq turns flats. pushing forward to what's happening in crypto. we will get back to the major benchmarks in a moment but crypto has been a key story. all i shifting from what we saw was a spot bitcoin etf to potentially a spot eth etf. the nasdaq trading into positive territory. we are at a new record high for the s&p. not so for the stoxx 600 but all eyes focused on fed talk. raphael bostic still trying to analyze the data. we are seeing what's happening with the 10 year yield. may be a bit of buying into the bond market right now as we push forward to what's happening in earnings. let's have a look at some of the individual movers. palo alto networks coming off its lows.

ed dwight is now the oldest man to reach space. >> and here exits ed dwight, this gentleman has waitedrter: he's waited for this day for 63 years, born in the segregated kansas, the young air force pilot was on a sky high trajectory. in 1961 appointed by president john f. kennedy to make history. >> a 29-year-old negro says he's anxious to go into space, the first of his race to be so designated. >> reporter: but at the heights of the civil rights movement what seemed like a sure fire path to space was quickly crushed. >> was there a negro boy in the last 30 or so that you brought here for consideration? >> no, there was not. >> reporter: dwight was never selected, it took 20 years for a black astronaut to make it to space, took another 63 for dwight to finally get his turn. with blue origin's seventh crewed flight ed dwight didn't get to be the first black astronaut but at 90 years of life he became the oldest person to reach space. >> you are officially astronauts, welcome home, everybody. >> life-changing experience. >> reporter: sharing this page in history with loved ones who know