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

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Coming up, Elon Musk rejects another Wall Street convention and sets a fixed price for his SpaceX IPO ahead of the marketing phase of the deal.

The plan offer shares at $135 apiece.

Plus Palo Alto Networks falls after the company reported its results, failing to meet really elevated by side expectations this following a more than 60% run to date. And candidates backed by tech billionaires and founders fell short in California's primary

elections yesterday. We break down the results and what it means for Silicon Valley.

Well, let's check in on what current geopolitics means for this market. We take a breather. We have been at record high after record high.

The S&P have been on a nine-day tear. The NASDAQ have been up for four straight training days. Today we pause. We're off by just a tenth of percent. Of course, front and center is maybe conflict rumping once more, a little bit, that ceasefire under pressure between the US and Iran. Oil goes higher. Bon yields, they go higher, stocks. Just pull back a little bit, Ed. But what are you watching?

Let's get today's big yields, they go higher. Stocks, just pull back a little bit, Ed. But what are you watching?

Let's get today's big number, 84.75 billion.

Alphabet is upsizing its equity raised to that level, up from the previously announced raise of $80 billion, all this to fund its AI infrastructure expansion.

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