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 collie in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. 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, Open AI and Microsoft's partnership facing potential antitrust

scrutiny in the UK and the US will break down the CMA and the FTC's concern

on the competition. And EU negotiators continue to debate rules for AI will discuss the sticking

points as regulators balancing the risks of artificial intelligence and its potential

benefits.

Plus Harpoon Ventures raises $125 million for its fourth fund to invest in early-stage

startups will sit down with the founder, Larsen Jensen, from today's VC spotlight.

But first let's check in on these markets and completely flat on the Nasdaq.

Look, we try to digest the macro picture that is resilience in the U.S. economy, a strong jobs market,

a confidence building in the consumer, and we're currently just one point

to the downside on the NASDAQ. After we, of course, we saw that injection of buying yesterday.

We do see big moves in the bomb market though.

Thirteen bases, let's call 14 basis points to the upside on

the two years people think that perhaps we've got a little bit too exuberant about

...