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From the heart of where innovation, money and power collie in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Hyde back at Bloomberg's world headquarters in New York.

This is Bloomberg technology.

Today, Tech, it's on top.

We are diving into the AI rally. Here's looking at you, Marvell, in

Invidia, hype versus reality. And later we have Arts Kathy Wood joining to discuss that rally

why she sold out of Invidia in her flagship fund at the start of the year. that's Choice Hotel, CIO. That's Brian Kirkland is going to join to explain more on what to expect. But first,

let's just have a look at the macro picture. You know what is weighing over this market over the

last few trading days. It has been the debt ceiling debacle. It continues still no answer but there is hope

and it's driving the Nasdaq up 1.8% as we head towards the weekend. Volumes just a little bit

thinner ahead of the memorial long weekend here in the United States.

Two-year yield actually seeing a reversal right there, you're seeing

seven basis points, almost eight basis points still pushing higher. Is that on the

inflation reread that we see, the macro data coming in just showing that the

Federal Reserve still needs to tamp down on that all-important price,

the PCE data that they particularly look at more 4.4% year-on-year growth.

Bitcoin though, managing to get a bid as the US dollar coming that calms down a little.

...