Ed Ludlow

Think of fast.

But the bond sales, they're going to come too.

And we did it all today.

This is Bloomberg Tech.

Coming up, Qualcomm and Arm out with their earnings.

We'll break them down with the two CEOs, Cristiano Amon and Rene Haas.

And Bitcoin falls below $70,000 for the first time since late 2024.

We'll break down the negative momentum impacting crypto markets.

Bloomberg's Alexandra Semenova with the macro picture at the index level.

This is what matters when it comes to technology earnings.

Caroline called it the mic drop moment.

Alphabet parent of Google with a capex forecast for the fiscal year of $185 billion.

The street had forecast just shy of $120 billion.

That's a bit of a delta.

The stock down almost 5% on track for its biggest drop since May of last year.

A big number to digest.

Earnings also in the chip sector.

Qualcomm down almost 8%.

It gave a forecast for the current period $11 billion in sales at the top end.

How much better would that have been were it not for the impact of what's happening in memory chips right now in the memory market?