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

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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 Ed Ludlow. in Edla Lo Loa. I'm Ed Lodlow in San Francisco.

Caroline hides off today.

This is Bloomberg Technology coming up on the program.

Full earnings coverage ahead.

Lift Falls after the ride sharing company

reported its slowest revenue growth in two years.

Plus we sit down with GM President Mark Royce

as the company unbeels its first all-electric Escalade IQ.

And Amazon is in talks to be an anchor investor in arms IPO

in a deal that could raise as much as $ 10 billion for the chip company.

Those are our top stories first, a check on the markets.

Tech is lower at the index level of the NASDAQ 100,

down more than a percentage point.

It is chip stocks, where we're seeing the biggest decline.

The Philadelphia Semiconductor Index or Softer by 1.6 percent underperforming the market.

We're waiting for the C. P. I print here in the US Thursday. We look at that data and then we think to ourselves

...