Caroline Hyde

Plus, Paramount enhances its bid for Warner Brothers Discovery, offering billions to cover termination, debt refinancing and ticking fees.

Details this hour.

From private markets to the public market.

Look, on the benchmarks, nothing that exciting.

We're holding on to gains, just eking out 23 points in the green on the NASDAQ 100.

But you go underneath the hood, Ed, and that rotation continues.

But this time, it's the hardware that gets sold off.

The software is being bought for a third straight day.

Software really up about 9%.

as we buy back into that beaten up sector but we're looking also to what the macro picture is painting we've got retail sales that come in less than have been expected what does that mean for a fed cut what does it mean for equities what does it mean for crypto because let's face it that is where the movement's happening today bitcoin off by 1.6 look at eath down almost another five percent as we still question what sort of an asset this really is what are you looking at

It certainly is.

Tell you where else there's strength.

The bond market.

We're looking at shares of Alphabet.

But really, I want you to focus on its debt, because its bond offerings keep coming.

And after the U.S.

dollar debt sale raised $20 billion, yesterday it was upsized.

The company is now selling over $11 billion more in sterling and Swiss franc-denominated bonds.

And that super rare 100-year note we told you about yesterday, well, it was oversubscribed and then some, almost 10 times, according to sources.

Let's talk about it with Robert Schiffman from Blue Meg Intelligence.