Caroline Hyde

What do we know about its target raise overall and the valuation it wants to hit, irrespective of how much SoftBank contributes to that?

What's interesting is how SoftBank has been very focused on the AI play, but also selling down an Nvidia to be able to loosen up some cash.

They made a purchase of Ampere, for example, in the chips area.

Are they deemed a winner in the AI space right now?

Welcome back to Bloomberg Tech.

Let's check in on these markets, which have been flip-flopping as we build anticipation of the Fed decision.

And indeed, many feeling we're not going to get a rate change.

But what will Jay Powell say at the press conference?

We've also got building geopolitical anxiety, whether it's about Iran, whether we've got still tensions with South Korea in terms of trade.

Nevertheless, at one point the S&P 500 goes above 7,000 and the Nasdaq 100 holds on to its gains.

Earnings are coming thick and fast.

This is where we see the fundamental picture of this tech rally that we're so used to.

Seagate.

Best performer in terms of actual percentage move when you're looking at the Nasdaq 100, 20%.

This is again winning formula on memory.

Alice calling the numbers that Kate put out last night, terrific.

Texas Instruments also came out with numbers.

This is like the bellwether when you think about industrials and think about autos and we've hit a bottom and we're coming back out of it.

We're up almost 8% on that name.

ASML actually turns red.