harley finkelstein is the president of shopify, the stock after today's earnings up 11%.ow, i do something that caught our eye. deutsche bank having a bit of a different approach than jp morgan when it comes to getting workers back into the office. the frankford based bank is working on plans to allow staff to work from home for up to three days a week from now on. it would be the most flexible return to office policies among the international banks. one of the things we have seen in europe that we have not really seen on wall street is these big banks are looking to aggressively cut costs, one of the ways they are doing it is by reducing commercial real estate expenses. still ahead, we are going to talk about the fed. 40 more minutes until we get that release. in president biden's tax plans. he addresses a joint session of congress tonight. this is bloomberg. ♪ ♪ matt: this is "bloomberg markets." i am matt miller. the fomc decision is due at the top of the hour and we will hear from fed chair jay powell on the state of the u.s. economy. but how does it compare to the ec

president harley finkelstein is going to join us on that as well then there's shopify, tanking at thepen, trying to rebound after the current quarter's operating loss range fell below the street's forecast. more on all of those throughout this hour. >>> jon, top of the feed today, where is the growth story in big tech microsoft and alphabet both out with huge beats. microsoft, $41.7 billion in revenue, up 19% year off year. alphabet, $55 billion, up 34% year over year investors are looking for the next growth story, like youtube. for alphabet, that business seeing a growth rate of 49%, google cloud up 46% year over year and for microsoft take a look at its cloud revenue, azure up 50%, xbox 50% teams, that product now has 145 million daily active users, which, guys, brings us to apple, earnings out tonight and could that be the reason that the stock is basically flat year to date jon, where is the growth story here isn't it supposed to be services that brand new m-1 chip or is that already baked in? >> we've been asking where is the growth in apple for a while now and the stock price c

. >>> by the way, coming up on "techcheck" another big hour, shopify's harley finkelstein with the stockost 10%. that all begins at the top of the hour, :0a. e110 m.astern time we'll be right back. i adore their groomers and their vets our physical, social, and mental health cared for in one place. ♪ petco. the health and wellness company. wholehearted is packed with high quality ingredients to give me energy. without it, i would've never found this. petco. the health and wellness company. what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change. faster. vmware. welcome change. ♪ ♪ ♪ ♪ ♪ >>> welcome back it is time for our etf spot slight we are taking a look at our fin technology innovation etf. that is under pressure, it just turned flat, but still positive for the year getting boos