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. I'm Caroline Heine in Bloomberg's world headquarters in New York and this is Bloomberg technology

coming up in the next hour freedom of speech in question.

That's on Twitter as Elon Musk suspends a number of journalists. We discuss Twitter's current policies. on a tornado took down an Amazon warehouse in Illinois, why lawmakers are questioning a rebuild.

And of the back of the collapse of FTX, crypto firm Amber has raised $300 million to tackle

the damage done. Details later in the hour.

First, foremost, well, muted end to a week's trading.

Let's have a look at how tech stocks run to pressure once again.

It seems to be all about the Federal Reserve.

The perfect person to talk us through it.

Katie Grifield in the house. What a week?

It was quite a week and I have some bad news. It was an ugly end to what was a very ugly week.

If you take a look at the past five days for the S&P 500,

you can see we have a little optimism at one point.

That was on Tuesday after those CPI numbers came out.

Softer than expected, still 7% handle but in any case then we had the

Fed and then it was just one line down since then we're going to end lower on

the S&P 500 if we break apart this index into the sectors, let's take a look at

some of the worst performers. You had communication services, you had materials, then

...