Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

Take part in solutions driven discussions on how to drive business value and unlock opportunity

while remaining nimble in times of change and greater ESG accountability.

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

That's Bloomberg Live.com slash sustainable Biz Singapore.

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

this is Bloomberg Technology with Caroline Hyde and Edla Loa. Love. I'm Caroline Heide in Bloomberg's world headquarters in New York.

And I'm Ed Ludlow in San Francisco, this is Bloomberg Technology.

Coming up, the FTC, it gears up to sue Amazon this month after a four-year antitrust investigation into the company

we'll bring you all the details

plus after years in development Microsoft's highly anticipated Star Field hits the marketplace

to some rave reviews we discuss with the heads of Bethesda Game Studios and Microsoft

gaming. And the US is seeking more details into Huawei's made in China Chip

as they start to wonder about the effectiveness of US curbs on the country's vast technology

sector.

But let's dig into these markets first and

foremost as we look at what is again a macro picture and overall we are seeing

ISM services, the data, the macro picture of health here in the United States, whereas it is

lackluster over in Europe and over in China. What does that mean? Well, we actually see

rates rise here in the US. We see the dollar rise in particular up two-tenths of

percent. And as we start to see a question of

whether the Fed has to go further in terms of interest rate hikes to cool down

...