emily: cowen ceo jeffrey solomon.tinue to cover all the headlines on these potential antitrust probes as we have them. that does it for this edition of bloomberg technology. we are livestreaming on twitter. follow our global breaking news network, tictoc, on twitter. this is bloomberg. ♪ paul: welcome to daybreak australia. i'm paul allen. shery: i'm shery ahn. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering. big tech leads wall street lower amid antitrust speculation. the nasdaq down 10%. the fed president james bullard sees a rate cut soon. u.s. manufacturing

emily: cowen ceo jeffrey solomon.nue to cover all the headlines on these potential antitrust probes as we have them. that does it for this edition of "bloomberg technology." we are livestreaming on twitter. check us out, @technology. follow our global breaking news network, tictoc, on twitter. this is bloomberg. ♪ >> our top stories this morning. >> the treasuries rally accelerate. president sees a reduction soon amid growing threats to the u.s. economy. rba is also in focus this hour. policymakers are expected to and a unprecedented rate cut paul's. pause.