ross gerber joins us next from gerber kawasaki. it's an astonishing busy week.et's start in the jobs data and we always frame it as jobs data, what will the fed do and how does that impact the technology sector? what is your reaction to the numbers this morning? >> i've been saying this for so long. the fed is done. all they are going to do is create more in balance in our economy by attacking just a few industries because that's all rates do. when you look at housing and the banking sector and the risks of the fed continuing to raise rates on the tremendous losses the fed is now taking on its own portfolio and the taxpayers are paying, it really doesn't make sense. all the numbers are trending in the right direction, we have restricted ranges now and businesses can't borrow and individuals can't buy houses. it's certainly affecting the economy in many counties are done hiring. we are seeing a very good environment of the fed just lays off here and let's things work itself out. i think the next move is lower for the fed next year. ed: the story of 2023 has been

coming up, ross gerber will be joining ed ludlow. happy friday.mberg. ♪ 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. >> from the heart where innovation money and power collide in silicon valley and beyond, this is bloomberg technology with caroline hyde and ed ludlow. ♪ ed: i'm in san francisco and caroline hyde is off today, this is bloomberg technology. coming up, arm repairs for its ipo with a roadshow and we will discuss with our team and speak to ross gerber. plus, full earnings coverage ahead. de