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

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Ed Ludlow. I'm Ed Ludlow in San Francisco. Caroline Hides off today. This is Bloomberg Technology

and what a show we have for you. Disney's capital spending and production costs coming in lower than projected

and saving $3 billion for the entertainment company will bring you all the details.

Plus President Biden imposes limits on US investments in China.

Meanwhile, Ali Baba returns to growth across all the main divisions defying China's economic

turbulence.

What this all means for the Chinese tech sector.

Finally, we'll take a deeper look at the Supreme Court ruling

in the epic case, siding with Apple,

at least for now.

The single day we're watching in the earnings story is Disney.

So many stories within it, raising prices for streaming,

basically really outperforming. The loss on the streaming business

much narrower than forecast, 512 million.

But this is the Eiger effect.

Cost discipline and cost cutting is work.

...