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From the heart of where innovation, money, and power collide,

in Silicon Valley and beyond,

this is Bloomberg Technology with Emily Chang. I'm Emily Chang in San Francisco and this is Bloomberg Technology coming up in

the next hour market meltdown stocks sink Stocks sink yields surge. Investors getting jittery

about whether the Fed can fight inflation without plunging the economy into

recession. Plus AMD getting caught in the sell-off after surging post-earnings. We're going to talk to A. M. D. C. A. L. A. L. S. S. S. S. S. S. S. S. S. S. S. A. A. A. A. A. M. A. A. A. A. A. A. A. A. A. A. A. A. A. A. A. A. A. A. A. A. A. growth amidst 40 year inflation lockdowns in China and an ongoing chip crisis.

And Uber shares down now multiple days in a row despite releasing earnings early to avoid

lists market wipe out our conversation with Uber CEO

Dara Kazra Shahi.

Later this hour, why he's confident about demand and consumers on the road ahead.

We will get to all of that in a moment, but first to look at the market stocks. on the

FEDs decision to get to all of that in a moment, but first to look at the market stocks plunge with bonds in a violent reversal from Wednesday.

The Fed's decision to raise rates initially boosted markets,

but tech stocks have since had one of their sharpest

U-turns ever.

Blumberg's Ed Ludlow here to break it all down.

Ed.

...