Some follow the noise.

Bloomberg follows the money.

Because behind every headline is a bottom line.

Whether it's the funds fueling AI or crypto's trillion dollar swings,

there's a money side to every story.

And when you see the money side, you understand what others miss.

Get the money side of you understand what others miss.

Get the money side of the story.

Subscribe now at Bloomberg.com.

Bloomberg Audio Studios, podcasts, Radio News.

Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovello in San Francisco.

This is Bloomberg Tech coming up. SpaceX gears up to finalize its IPO pricing today.

This is it offers, attracts more than $70 billion in orders from retail investors alone.

Plus, Oracle is under pressure after the company reported higher quarterly CAPEX than expected,

raising concerns about the returns on AI.

And 776 founder and Reddit co-founder Alexis Ohanian joins us live from Super Return in Berlin later this hour.

First, Ed, with us both here in New York, we check in on these markets that we see the bounce back.

Continue to an extent, NASDAQ 100 up 3 tenths percent.

We're coming down from earlier highs,

but still there seems to be a lot of muscle memory back in the memory perspective. We've got semiconductors up 2.4%. If you're looking at that Sox index, we are buying back into the hardware.

But it's not all pretty out there if you're looking at certain names amid the geopolitical angst as well.

Okay, so the big earning story is Oracle, right? It's down 12% basically, falls the most in six months and everyone is still worried about how much it costs to get data centers built. And it's so funny because like out there in the market in the AI trade, the same anxiety exists on the other side of the table. Like you can't get it built fast enough. You know, give us the compute. We're so compute constrained, but we're going to dig into that a lot more later in the hour. There's still only one story in town. There is, and it's why you're in town. It's why we all gather together in town, because we've got the big story of the day of the week of months, SpaceX's IPO is upon us.

...