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

this is Bloomberg Technology with Caroline Hyde and Edla Lo Loa. I'm Ed Ludlow in San Francisco.

Caroline Hyde is off.

This is Bloomberg.

Coming up we have full coverage of the first presidential debate and discuss the state of

crypto with former Republican presidential hopeful Vivek Ramaswami.

Plus we'll break down Apple's business in China as iPhone shipments jump 40% following discounts.

And a new survey shows Tesla's design changes are confusing customers and undercutting its

quality. We'll discuss that and so much more through the hour.

Happy Friday, June 28, 2024, let's get right to financial markets, the S&P 500, a new all time high, the NASDAQ 100, a new all time high, briefly

breaching the 20,000 mark for the first time, yields a little higher and Bitcoin, even though we kind of have this risk on sentiment

softer by a percentage point below 61,000 US dollars per token.

The main factor in the markets this morning is not the first presidential debate but the

PCE reading decelerating the PCE being the Fed's preferred gauge or measure of

inflation that's kind of the discussion on the week. I also want to

...