that is right, what with hyde is the senior— china?ative _ china? that is right, what with hyde is the senior conservative mp - china? that is right, what with hyde is the senior conservative mp who i is the senior conservative mp who chairs the foreign affairs committee who has called out and her committee published a report today highlighting internal repression and targeting of dissidents abroad from china. dangers posed by allowing china. dangers posed by allowing china to have influence in critical infrastructure in the uk. she said the foreign secretary should engage but needs to show results from that, that china knows that the uk will stand up for those things. but some have gone further, the former tory leader iain duncan smith as part of a group of tory mps who have been sanctioned by china for calling out its severe repression of muslim minorities and reneging on commitments for the autonomy of hong kong. he said this visit is a sign of weakness and china, to go to china it looks weak. and we�*ve also had another commons com

i'm going to try to make some local connections to to hyde park. this will be a little bit less of roosevelt centered than some of the talks you've heard. but as ken kimberly was suggesting, the of ideas that i discuss, this utopian book project that very much resonate in the new deal. the administration, particularly in the thought of eleanor roosevelt, but the roosevelt's were generally. so i'm just going to say something very about the book and then i'm going to talk about some sort of specific threads that kind of go through it. this is a book that examines utopian communities and groups that drew from utopian ideas from roughly the 1920s through the 19 or early 1960 piece, with examining issues of how they impacted the post 1955 civil rights movement. and i'm going to talk about three general categories. one is that really pull my examples together, one category is interracial ism. the second is nonviolence, and the third is cooperatives. but before i do that, i want to talk about one little thread just to give you a of my methodology when wri

there are hyde amendment languages in several different appropriations bills. gender affirming bands in several different appropriations bills, because you can see how some of the spending bills go to other departments, but they are giving health care adjacent services or actual health care services that are sometimes funded through the defense bill or the veterans affairs bill that had their own health care program. there are things being attached to some of these other bills, not just the hhs bill. host: how big is the hhs bill? guest: i have not looked, many billions of dollars, but it is a small segment of hhs spending. so much is mandatory. host: defense spending is the biggest discretionary part of the bill. what are you tracking at kaiser health news? guest: we are tracking this for not just the spending bill, but change in policy by the biden administration to allow servicewomen and family members stationed in states where abortion is barred, they would be allowed to pay for the travel and time off to get that care. senate -- senator tommy tuberville is

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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 thi

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

coming up caroline hyde and ed ludlow.avalara, we can calculate sales tax automatically. 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 so... i know you and george were struggling with the possibility of having to move.hh how's that going? we found a way to make bathing safer with a kohler walk-in bath. a kohler walk-in bath provides a secure, spa-like bathing experience in the comfort of your own home. a kohler walk-in bath has one of the lowest step-ins of any walk-in bath for easy entry and exit. it features textured surfaces, convenient handrails for more stability, and a wide door for easier mobility. kohler® walk-in baths include two hydrotherapies— whirlpool jets and our patented bubblemassage™ to help soothe sore muscles in your feet, legs, and back. a kohler-certified installer will install everything quickly and conveniently in as l

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

joining us now is "bloomberg technology" because caroline hyde.ally friday afternoon you do not expect tech earnings, but palo alto is. caroline: everyone is worried they are going to announce something that the market doesn't like in terms of forward-looking guidance. we get the encapsulation of what 123 has looked like. when you're doing that on friday in the market closes a couple of days and you are used to getting earnings on monday and tuesday, everyone is like, what is up with that. this is a company that is likely to give us 18% growth, that is not what we are used to. it has been down down down. this is going to be a big pr headache if with the p.r. has told us so far, just a logistical issue, turned out to be some meals. guy: has the market priced in enough bad news? have we already done that? i.e., is the actual option to the upside rather than the downside? caroline: certainly the target is to the upside. however, a lot of analysts are saying the inbound calls and whether this has been priced in, what is happening at palo alto networks

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

coming up, caroline hyde and ed ludlow.mberg. ♪ i may be known for my legendary football career, but truth is, i love a bunch of sports. the only trouble is knowing where to find them. that's why i got xfinity. so, i can easily find and watch whatever sport i'm into all in one place without missing a thing. even if it's football, australian football, or football football. in a word—it's fitz-credible. i got to trademark that one. this season, eligible xfinity rewards members can get up to $100 off nfl sunday ticket from youtube. sign up for xfinity rewards now. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first starte

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

coming up, rachel gerring joins caroline hyde and ed ludlow.azing 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. i may be known for my legendary football career, but truth is, i love a bunch of sports. the only trouble is knowing where to find them. that's why i got xfinity. so, i can easily find and watch whatever sport i'm into all in one place without missing a thing. even if it's football, australian football, or football football. in a word—it's fitz-credible. i got to trademark that one. this season, eligible xfinity rewards members can get up to $100 off nfl sunday ticket from youtube. sign up for xfinity rewards now. hi, i'm katie, i've lost 110 pounds on golo in just over a year. golo is different than other programs i had been on because i was specifically looking for something that helped with insulin resistance. i had had conversations with my physician ind

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

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

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

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

so it uses plain jekyll and hyde explain good comp and bad call it, you know, it makes nice and then immediately the next day it turns around and it does something aggressive violating abusive from china standpoint. it's like a cycle of domestic violence, except it's not a cycle, it's a spiral and that spiral is spiraling downward towards connected for not withstanding the chip situation in and of itself. that friction, that aggressiveness that you just so well described to us. um, how long can this last before it becomes a force or possibly even you know, some kind of conflict ration between our 2 nations. well, i'm very worried about that, greg. i think you put your finger right on it. and i think that this is the most dangerous thing we're facing, that we're right on the premises of genetic war blankets meeting was she was a kind of, i think, a last good faith efforts by the chinese to see, can we reset things, should we reset things to the bottom, the baseline to body baseline was medium machine and abide and in bali last year and they're biting, agreed that we're not engaging in

a ship through the taiwan strait in this very belligerent passage, so that us as plain jekyll and hyde explained good comp and bad call it, you know, it makes nice. and then immediately the next day it turns around and it does something aggressive violating abusive from china standpoint. it's like a cycle of domestic violence, except it's not a cycle. it's a spiral and that spiral is spiraling downward towards connected for not withstanding the chip situation in and of itself. that friction, that aggressiveness that you just so well described to us. um, how long can this last before it becomes a force or possibly even you know, some kind of conflict ration between our 2 nations. well, i'm very worried about that, greg. i think you put your finger right on it. and i think that this is the most dangerous thing we're facing, that we're right on the premises of genetic war blankets meeting was she was a kind of, i think, a last good faith efforts by the chinese to see can we reset thing, should we reset things to the bottom, the baseline to body baseline was meeting machine and abiding in

the us just plain jekyll and hyde, oh, good cop, bad cop with it. but still, i can't imagine that the us, the china would try to embargo us uh, access to taiwan. these trips there. many steps that we take and long before that. yeah. you know, speeches, you know, holding back right or with minerals or, or simply refusing or simply sanctioning us corporations the same way that the sanction chinese corporation. by the way, k j i was reading and i just shared with our listeners and viewers a little while ago. that there are some experts who predict that if china didn't do that, i'm not saying they're going to. but if they didn't do that, it would be a 100 times worse than the supply chain disruptions that we saw during co. so of course, i mean that's a supply chain disruptions during cold with what caused by, you know, a factory slowing down or shutting down, you know, and that was something that eventually was manage. but the simple fact is that the united states is so deeply in mashed with china's economy gas on stuff it's industrial supply chain. mos

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 th

and that's putting us on a very similar path to how the hyde amendment to over time, abortion not being legal in many places. thank you both for your books. i forward to reading them. ms. macey you talked about one bureaucrat that you with who is doing work that's really, you know, trying to address these issues. did either of you talk with other working in the government who are really trying to make change and do things differently to solve some of these issues? yeah, i was just at the white a few weeks ago for a recovery summit and i met with the drug czar and i know he knows what all the research because he's authored some of the. and again we come back to politics and i am hopeful that that in knows ways to make sure we get evidence based care but we still you know i kept asking everybody at the of my book what's the magic wand what's the fix and there is no federal because health care is run by states and communities. so you might have one community that doesn't allow needle at all and another might have 17. still, lot of states have made illegal. we still have 13 states that have

so that uses plain jekyll and hyde explain good comp and bad call it, you know, it makes nice and then immediately the next day it turns around and it does something aggressive violating abusive from china standpoint. it's like a cycle of domestic violence, except it's not a cycle, it's a spiral and that spiral is spiraling downward towards connected for not withstanding the chip situation in and of itself. that friction, that aggressiveness that you just so well described to us. um, how long can this last before it becomes um, worse or possibly even, you know, some kind of conflagration between our 2 nations. well, i'm very worried about that, greg. i think you put your finger right on it. and i think that this is the most dangerous thing we're facing, that we're right on the premises of genetic war blankets meeting was she was a kind of, i think, a last good faith efforts by the chinese to see, can we reset things, should we reset things to the bottom, the baseline to body baseline was medium she and uh, and a bite and in bali last year. and they're biting, agreed that we're not enga

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 impli

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

. ♪ 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

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 california. it is the developer conference. ella took to other big stoc

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

and ed ludlow. ♪ caroline: i am caroline hyde at bloomberg world headquarters in new york.d: 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

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

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 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 d

the hyde amendment basically made abortion illegal for four people.s wonderful axis for a few years before it came in very similar legal thing is happening now a trans care. florida they made it if you have medicare you cannothe get tran scare other states are going to do things like that. that's putting us on a very similar path of the hyde amendment led to overtime abortion not being legal in many places. >> think you both for your books i look forward to reading them. you talked about your cut you talked with who is doing work trying to address these issues. didho either of your talk with other people and the government her trying to make change and do things s differently to solve se these issues? >> yes separate edges of the white house a few weeks ago for a recovery a summit i met with e drug czar. i know he knows what the researches he has authored some of it. and again we come back to politics. i am hopeful that this administration knows ways to make sure get evidence-based care. i kept asking everyone at the beginning of the book what's the m

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

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

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. 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

i was on the senate floor and i wrote to henry hyde -- i wrote henry hyde's speech. i brought that language to play on the of because the president had been accused of lying. under oath. i thought we could have an interesting connection to the oath but it did not work so well. [laughter] mcnulty coleman --: you have the special oath, and he goes on to say -- it goes on to say that the chief justice shall reside, chief justice roberts, he's been in the chair, and no person shall be convicted without the concurrence of two thirds of the members present. it further says judgment in cases of impeachment shall not extend further than to removal from office and disqualification to hold and enjoy any office of honor, trust or profit under the united states. the party convicted shall nevertheless be liable and subject to indictment, trial, judgment and others according to law. this language about the president not being subject to prosecution until removed from office and then also the idea of -- next is article two, we are on article to now, the president shall have the pow

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

centers of the provinces , leaves in all cities and villages, our beloved board of directors from hyde and our dear lawyers in the service of the people from i myself went to about 120 mosques in tehran in 14 weeks and we examined the problems face to face with the people . we invited the loved ones who need a lawyer and it was determined that if they do not have a lawyer by their side, they can defend themselves and defend their rights. the immigration office and lawyer are at your disposal we have given that in the whole country they can refer to the centers of lawyers of the judiciary and not be subject to us with many executive bodies such as the relief committee of the imam, the welfare organization of the martyr foundation and the affairs of the martyrs, the headquarters of the command for good and forbidding evil in the form of a memorandum of understanding for years we will continue before and we have no problem and it is in the service of all dear and noble people of our country, together with the general society and different people of the country, from work with the judicial