sonali: ed ludlow, enjoy it. it looks like a party put the big party is in the interview shortly. turn to another big event, jamie dimon speaking at j.p. morgan investor day. it was a lot of talk about ai, succession, and buybacks. there was something daniel said this morning, one of his top deputies, the risk at the tail are substantial. jamie dimon's weather forecast, what does it look like? >> is very pessimistic. he kept using that word when asked about his outlook. this is a global outlook, not just about the u.s. economy. he cites inflation, quantitative tightening, and the geopolitical tensions he thinks are not going to subside within the next few years pretty has also cited consumers and small businesses are seeing they are running out of excess cash that was built up during the pandemic. this is across the major wall street banks, specifically the big consumer banks. this was a very pessimistic outlook. it just means for them, when asked about buybacks, they kept reiterating this is not the time that we are going to buy back our stock, even though it is hitting record hi

this is bloomberg technology with caroline hyde and ed ludlow. ♪ caroline: i am caroline hyde at bloombergorld headquarters in new york. ed: and ed ludlow in san francisco. we will have full crypto coverage as bitcoin retreats. caroline: openai raises 6 billion. let's go to the public markets. there is a lot to digest this week. a shortened trading week. we are up .52% on the nasdaq. home sales were covering what does the fed do? for now, we are pushing long technology in the face of hawkish sentiment. two year yield down point 0172. for now, we see yields take lower. new york crude up 2.21% this is because of geopolitical risks. let's look at bitcoin. down under pressure, it is noticeable 67,000 try to factor into that 9 billion held by creditors when we start to see the movement. will we see creditors finally able to sell? ed: there will be a really big focus on semiconductors we will go to our team around the country to talk about that. nvidia is the biggest point boost. the story we will focus on is elon musk closing the mecca funding round. will they use nvidia as a cluster to train l

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 ludlow has all the details. e new committee was necessary for capital markets purposes, i imagine? ed: it's a new committee, somewhat. along with core ceo adam d'angelo. there is the sony executive, nicole seligman. other staff include stamp -- sam altman. one big criticism of this is there are governance concerns around ai where they disbanded the historical safety net of the team that basically looked at safety and this is what was put in its place, but one observes that it's not usually diverse, either from an agenda standpoint, or it hasn't really differentiated from there being a high concentration of openai executives or existing names charged with that oversight. vonnie: does it give sam altman more leeway if he is on the board with his presumed allies, does this give hit -- give his ambition free reign? ed: the history here is important. if we go back to the brief weekend where he was ousted, one of the points of tension was his desire to drive the commercialization of large language models and generative

we have the vivian ceo joining -- rivian ceo joining ed ludlow. ed: one of the wider losses, we will get into it. the main question is, update us on the reservation number. you have not given us one since that initial march expectation. >> the expectation has been outstanding. different than what we did, we have taken the decision to not disclose where we are in terms of reservations. it caused us a lot of noise. we have taken the view that we want to be customer centric. we found a lot and how we manage the process, but there is a level of excitement and we are working hard to get it to market. katie: if you could give us a little bit more detail, i know you said you learned from the are one experience -- r1 experience. >> on the day of the launch, we gave a number of 16,000. now, we have obviously grown a lot from that, but the challenge with the number is, it is a false metric and it causes a lot of noise. we would rather focus on the product. our goal is to ramp up production as quickly as possible. ed: something i noticed that was interesting

ed: and ed ludlow in san francisco. we will have full crypto

. ♪ emily: i am ed ludlow in san francisco.oming up, spacex weighing an offer that would value the company at $200 billion. plus alphabet and meta are in talks with hollywood studios. canva takes on adobe users. let's get a check on the markets. lots of green on the screen. a nice way to end the week. the nasdaq tech heavy, the semiconductor index, both rebounding, moving higher after inflation's expert patient -- inflation expectations data made us feel more comfortable with rate cuts. we are going to talk about this throughout the program. it is down one percentage point but on track to have its best week in a year. lots to discuss with the potential of spot etf's with sonali basak. let's go to the private markets. bloomberg is reporting spacex is considering an offer that would value the company at $200 million. that is where a company allows staff, employees, and some early investors to sell the shares they already own, existing shares, to outside investors. the price is set by elon musk, the cfo, and a lead outside investo

powered partnership in an exclusive interview with ed ludlow later in the show. this is bloomberg. ♪ ♪ the ics application for arrest warrants against israeli leaders. we reject the application against israel. and it should be said that it is not just the israeli prime minister of war crimes. it is not just the prime minister, near accusing others. these are not the only names in it is worth putting out that they have not issued them yet. both sides are saying allegations are unwarranted for the reaction including the israeli prime minister. he said it was a moral outrage. it was met with the u.s. president calling it outrageous. antony blink and says they reject the decision. it is important to know that the decision has stopped short of a warrant. in terms of significance, at this point it is unlikely to affect the course of the war, but yet another illustration on how much pressure is on the prime minister as we have been talking about. they're poised for another attack. tom: as you suggested, it seems like a knock to israel's reputation. in terms of the timef

. -- hyde and ed ludlow. ed: this is "bloomberg technology." 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 from alphabet c.e.o. we'll break that down and discuss so much more throughout this hour. but first, we turn our attention to what is happening more broadly on the markets. maybe we look at this. bitcoin on the downside versus the u.s. dollar. a stronger dollar and we've seen kind of lackluster moves on the benchmark more broadly. a look at the nasdaq trading flat. yields, as we've been seeing on the 10 year, up about two, three basis points. a big flood of money on the 10-year debt. how will that be taken down? apply goes up. maybe a little bit of a sell-off. huawei made in the united states by intel, qualcomm and we're going to dig into that story later. but i want to show that we're bouncing off our lows. what have you got in the mi

bloomberg technology cohost ed ludlow, thank you for staying late in san francisco. we appreciate your time. happy friday. next we talk about blackrock pointing the finger at boaz weinstein as he looks to remove blackrock as a manager of six funds. boaz has been pointing the finger at black rock for a while as well. the story is next on today's wall street week. it is a story that has been on fire for months. we talk about that next. this is bloomberg. >> this is bloomberg markets. i'm sonali basak. it's time for wall street week. looking at boaz weinstein's push to remove blackrock as a manager of a number of funds. joining us is bloomberg's justina lee. so much of this is borne out of the story were a few days ago blackrock sent a message to thousands of clients saying your fund is under attack. with the idea here of weinstein going after a number of their funds. explain the dispute and how it got to the point that blackrock is mourning their own clients about this. justina: maybe we can start with what the products are. they are a bit like a mutual fund, except th

innovation, and power collide in silicon valley and beyond, this is "bloomberg technology" with ed ludlow and caroline hyde. ed: i'm ed ludlow in san francisco. caroline hyde is off today. this is "bloomberg technology." full coverage throughout the hour. plus, tech jumps and market traders we up the rate cut bats as u.s. job data disappoints to the downside. we sit down with the cfo of coinbase to break down the company's first-quarter results. it's good to our top story. that top story is apple. shares are on track in the moment for the biggest jump since november 2022. the biggest-announced buyback in company history probably has some part to play in that, but then there is the story that is simple. things were not as bad for the iphone in the calendar quarter as we thought they might be. and then there is the question, what on earth is apple doing in the round of generative ai checkup let's get to mark gurman. long day for you yesterday. i think that sums it up. not as bad as we had feared. but we still have questions about the path forward. what did executives tell us last night? mar

ed: i'm ed ludlow in san francisco. caroline hyde is off today. this is "bloomberg technology."the hour. pl

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 strategists

ed: i'm ed ludlow. this is bloomberg technology. caroline: full chip coverage ahead. st headlines from nvidia, arm, intel, and more. ed: apple nears a deal with openai. caroline:

the pinterest ceo and ed ludlow. omberg markets this is bloomberg. ♪ caroline: i'm caroline hyde. 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: ful

>> this is "bloomberg technology ," with caroline hyde and ed ludlow. caroline: i'm caroline hyde in new york at the bird world headquarters. 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 t

ed: i'm ed ludlow. this is bloomberg technology. caroline: full chip coverage ahead. e 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 mann

ed ludlow is off. this is "bloomberg technology."oming up, 80% of s&p 500 companies now with results. as warren buffett cuts his stake, we will go to an apple event. plus, we speak to a counter as a company announces a brand-new range of ai powered products. but first let's check in on the markets. we have a post fed feeling of optimism in the markets it feels. we don't have an awful lot of economic data on the table. we have an issuance with 10 year yield -- with the 10 year yield holding steady. the s&p 500 breaking some of the technical levels of where we see the average trade the last 50 days so there seems to be some risk on attitude. not in crypto with bitcoin off. when it comes to crypto related news, we will be digging into what happened with robinhood of course. the sec looking at particularly its crypto sales. zero and 7% despite the announcing the sec might well be looking into its business. warren buffett pulling back on the state of apple. really loving the iphone product but we look ahead to new products new ipads with

ed: ed ludlow in san francisco. caroline: full market coverage.ailed to impress investors.

power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow world headquarters in new york. >> and i am ed ludlow in san francisco. >> coming up, a new bidder imagines for tiktok. we sit down with project liberty fund are frank mccourt. >> and we bring you the takeaways from google's ipo developers

ed ludlow is on assignment. this is "bloomberg technology." salesforce plunges as sales growth for the current quarter slows to its lowest in history. details to come. we continue earnings coverage and sit down with the ceo of c3 as they report on decent results. and we take aa deep divei into the elon musk universe. all of that and so much more, coming up. we are dragged lower by the absolute plummeting in salesforce, having an impact on the overall s&p 500. the nasdaq is off at the moment. interesting that the gdp number came to the previous quarter from u.s. growth the bad news, the yield comes down as inflation growth is cooling in the united states, helping bond markets -- around the world, higher to the .5% amount, giving energy to equities that isn't rolling into the united states at the moment, a lot of that is on the micro data. let's look at what people have in terms of the earnings to digest. there is a ray of light, for some. hp went back to a commercial demand with growth in the pc part of the brit -- business. not so for printers

stankey joins bloomberg technology with caroline hyde and ed ludlow.for bloomberg markets. i am katie greifeld. this is bloomberg. do you want to close out? should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. >> from the heart over innovation, money and power collide in silicon valley and beyond this is "bloomberg technology with caroline hyde and ed ludlow. caroline: i am caroline hyde at bloomberg headquarters in new york. coming up, full coverage on

ed ludlow is off. coming up, baseless of reportingtsmc and asml down the keyq

ed: i'm ed ludlow in san francisco. this is "bloomberg technology." n web services ceo is stepping down from the job. details to come. ed: openai unveils an update as google kicks off

ed ludlow is off. this is "bloomberg technology."es now with results. as warren buffett cuts his stake, we will go to an apple

power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow. caroline: live from san francisco, i am caroline hyde. 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.

power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow: live from san francisco, i am caroline hyde. ed: and i am ed ludlow. this is a special edition of bloomberg technology. we will speak to

power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow. ♪ >> i am caroline hyde at bloomberg world headquarters in new york. >> and i am ed ludlow in san francisco. >> coming up, a new bidder imagines for tiktok. we sit down with project liberty fund are frank mccourt. >> and we bring you the takeaways from google's ipo developers conference. >> and openai's chief scientist who played a key will in the sam altman's ouster is departing, we will discuss that and much more. but first, let's check in on the markets. there is a macro playbook and it is a quarterly cpi print being digested by the marketer that has sent stocks to record highs. record highs on global stocks, the s&p, the stoxx 600 in europe also getting a lift because people start to factor in that maybe we'll get rate cuts from the federal reserve. that 10-year yield down seven basis. we move on because the dollar is down. that means crypto is higher. a risk-on feel to today's trade. almost 5% up on bitcoin. >> google and alphabet shares are higher a second day. we will go later

our big thanks as always to ed ludlow. there's a lot of action in the markets. she is a fund manager who focuses on the consumer luxury industry so let's talk about the consumer. a lot of different headwinds facing consumers now from inflation to the job market, how tight things are. how does that wrap into the luxury segment you cover? >> it's really interesting the first quarter results we've seen for many of the luxury companies which happen to be based in europe is a mixed picture in that they are definitely seeing aspirational entry-level shopper very challenged and that something that's echoed with other dutch others who cater to that segment as well. the high-end shopper remains quite resilient to in western markets in the u.s. as well as europe and in china the story is very much of a resurgence of tourism where the chinese outbound traveler traveling to japan and europe is finding good deals and coming back to life for the sector following the reopening of that economy. >> i want to talk about china but let's meditate longer on the disappearance of the

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 within

ed ludlow is on as

. >> this is "bloomberg technology ," with caroline hyde and ed ludlow. caroline hyde in new york at the bird world headquarters. 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

this is ed ludlow for bloomberg news in san francisco. tom: ed ludlow reporting on nvidia earnings.g intelligence. results underlying the continued strong demand momentum for nvidia's ai chips, despite investors being nervous as big tech reporting season's on whether the big ai boom has run too far. most of the concerns have been delayed for now. let's bring in the analysis with matt from bloomberg intelligence. we will get to the question about the broader tech sector. the start with how these results position nvidia going forward. it was talking about the be 100, the blackwell that comes on line, q3, q4, that could prove additional momentum. as you project towards the end of the year and 2025, how do you see the fortunes of this company adjusting? >> in the near term it will go from strength to strength. it's a massive company in terms of revenue and it's huge. i think what we are seeing here is diversification of demand, clearly those big hyper scalars the googles, the microsoft, hugely important companies, customers for nvidia. particularly that black rock chip. nvidia is positi

ed: and i'm ed ludlow. nvidia is the top story of the day. it has been the top story for a long time. let's look at the markets. the stock is up more than 10% now but there are others impacted. we talked about ai accelerators and gpu's. dell is higher because it is a beneficiary of what we are seeing. they need dell for the boxing above the server but also dell has experienced in the sales channels that nvidia does not. if nvidia has to sell to smaller customers so it feels like this association between those two names, anyone's guess. it might just be that the market sees nvidia pulling even further ahead but there was commentary about nvidia moving to other products namely pc cpu's which is intel's everything. could we see competition there? humor me once more. i feel like this might not happen again for a long time. the combined value or nvidia's market value is greater than tesla and amazon combined. tesla and amazon are customers of nvidia. it is an example of what has happened and the run-up in value nvidia has had. it has leaked into t

. ♪ emily: i am ed ludlow in san francisco.ex weighing an offer that would value the company at $200 billion. pl

this is bloomberg technology with caroline hyde and ed ludlow. caroline: welcome to bloomberg technology. i'm caroline hyde live from new york. >> i'm ed ludlow in san francisco this is bloomberg technology. caroline: looking at hedge fund exposure to technology hitting a record high when we get to the outlook for tech investing. >> plus we hear from the youtube ceo on his plans to make the video platform even bigger. caroline: we sit down with the ceo of ring for for -- for her first broadcast interview after a mission statement. first we check in on these markets and we are struggling with the macro picture right now. we are seeing a wall of money from the supply side to the bond market we have a big option for the seven year debt. and remember auction appetite wasn't that great for the last couple of days so we see the nasdaq being pulled down. the stoxx 600 in europe down, it's notable there bouncing off their lows. down three tense of a percent. it's really other industry groups under pressure today. that seven year yield kicking up 4.62 see

let's bring in ed ludlow. let's start with aws and changes in the c-suite. what we know about matt garman? ed: matt garvin is a long time or at aws. he started in 2005, full-time in 2006. he went from being a product guy in the early days of aws, particularly on the compute side. andy jaffe task tim moore with demand on the lead generation side, being vice president for sales and marketing around the world. selipsky stepping down as a bit of a surprise but he leaves aws and a pretty rude health. the annual revenue run rate is starting to show signs they are starting to make money, sales from generative ai. we are still trying to work out if this means a change at all in strategy. katie: that's the big question. garman is no stranger to amazon or aws. starting as an intern in 2005. here we are. now he is running it. ed: yes. look, andy jassy already put his stamp on aws. when jeff bezos stood down as ceo of amazon and andy jassy took the helm he had been at the head of aws. adam selipsky was at the head of tableau and andy jassy ask him to come back in the pan

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: and i'm ed ludlow.ough one of the most disruptive transformations in entertainment and pop

caroline: ed ludlow is off. sweeping tariffs on china targeting evs, batteries and more. the latest earnings results. apple apologizing after online backlash. quick check on markets. three straight weeks of gains, the best since february. mixed data coming through. consumer confidence falling because of lingering inflationary issues. stoxx 600 on a tear in europe. real run of good gains in europe. earnings beat time after time. bitcoin echoing risk aversion. notably, first time you see crypto exchange volume falling in seven months. slight reality bump. warner bros. discovery, best performer. david is looking to control costs. we could see more job cuts and a focus on profitability. apple off a percentage point. we will get into the woes. apple apologizes. tesla down. elon musk will be focusing on $500 million of investment in superchargers. he fired the entire team. is this more to do with geopolitics and that the biden administration is set to unveil decisions on china tariffs next week targeting ev's and batteries? mike sheppard in washington. incredible reporting. it

this is bloomberg technology with caroline hyde and ed ludlow. ed: i am at in san francisco. technology. we bring you live comments from former president trump we will

caroline: ed ludlow is off. sweeping tariffs on china targeting evs, batteries and more.

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 give

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 trade

heart of where technology and finance combined this is bloomberg technology with caroline hyde and ed ludlow

ed ludlow catching up with cso's -- ed ludlow catching up with ceos of dell and nvidia.scription. he has his leather jackson -- he has his leather jacket. jonathan: the market has gone 20% just like that. let's get you an update on stories elsewhere. here is your bloomberg brief with dani burger. dani: morgan stanley's mike wilson now sees the s&p rising 2% by june of next year so he is pushing his target to 5400 from 4500 which would've been a 15% drop. wilson and the morgan stanley team said they expeca sunny macroenvironment but wilson did reiterate his view that outcomes are harder per ticket with volatile data -- are harder to predict with volatile data. he did say he was steering away from big calls. the saudi crown prince is postponing a trip to japan due to concerns about his father's health. the trip was said to begin today and would've been the crown prince's first visit to japan in five years. saudi state media reported the 88-year-old king is suffering from inflammation of the young. mohammed bin salman is next in line to the throne. jeff bezos blue origin re

later today, ed ludlow will sit down for an exclusive cross-platform joint interview with michael dell the nvidia ceo and service now ceo in las vegas. catch that 25 minute conversation from the dell will conference at 7:15 p.m. u.k. time. there is plenty more coming up. stay with us. this is bloomberg. ♪ tom: welcome back to "bloomberg daybreak: europe." now to some of the other stories making news this monday, the u.k. government says it will use a major summit on ai regulation in south korea this week to make a fresh push on reducing the risks around the technology. the move by the u.k. follows the government cost summit on ai safety. last year, the u.k. sought to take a position of global leadership on managing the risks and opportunities around the development of the emerging technology. a survey by ernst & young says london leads european cities and attracting foreign direct investment in financial services for the u.k.'s share of new projects has reached the highest level in a decade with london securing 81 projects to 2023 and that is 76% more than the previous air and more tha

this is bloomberg technology with caroline hyde and ed ludlow. caroline: i'm caroline hyde in bloomberg headquarters in new york. ed: this is bloomberg technology. caroline: full coverage on nvidia. pushing ahead to that all-important earnings after the closing bell. >> apple looks to get its doj antitrust case tossed out. we will bring you the details. >> scale ai skews as its valuation nearly doubles to a most 14 billion. the ceo joining us later in the hour. there is a macro bit of data we are waiting for the fed minutes coming later in the afternoon and we are basically flat ahead of that. we are still digesting some strong earnings from the tech ecosystem we are up just five points on the nasdaq. record highs looking at 20 year yield just flat ahead of the auction we have seen bond selling often yields rising. we go back into the green just a moment. inflation is cooling but it's not cooling as much, of pound is higher and the u.s. dollar as we see the bank of england not being able to cut at the anticipated rate that the market had wanted to

ed ludlow is off. this is "bloomberg technology." we will bring you all of the details from apple's let loose product launch. and we will hear from the cfo of disney as shares fall hard after a cautious outlook for screaming subscriber -- streaming subscribers. our interview with both of the company's ceo later this hour. first let's check in on these markets. he turned to the green, even on the nasdaq after some strong days we have had for the last three days. monday we had the best three-day run for stocks more broadly that we had had since november. i'm going to bring you back to the benchmarks. i will get onto these individual players in a moment. we have seen bond markets rally as well as of that three-year auction. we are also seeing crypto, keeping an ion what is happening with bitcoin. we have seen it up about 1.25%. now let's take it onto the some -- onto some of the individual movers. earnings still coming, of course, after the bell yesterday and this morning. disney down more than 9%. some of the numbers were pretty strong

later, we speak to a ceo who will be talking to my colleagues ed ludlow and caroline hyde.part of our special coverage at the bluebird technology summit, 4:00 p.m. u.k. time. up next, a deep dive into markets. a big day for the boe. we will be working through earning stories and getting you up to speed on the potential acquisition story in spain. of course, the geopolitics and spain. that's markets today coming up. this is bloomberg. ♪ 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. we have been able to reach over 100 million people impacted and affected, and at risk of hiv. the rocket fund takes all of the work that we're doing, all over the world, and looks at the most effective ways, to get resources to them, to get services to them. the idea that we have saved five million people's lives, it's overwhelming. it's everything.