Ed Ludlow

Thank you.

Now, coming up, rising memory prices are fueling investor concerns, particularly for Apple, down 7 tenths, 8 tenths of a percent, even after strong sales and, yeah, a significant earnings beat.

We're going to go back to that story.

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Welcome back to Bloomberg Tech.

This Friday, the markets digest President Trump's Fed chair nomination of Kevin Walsh.

Bloomberg TV markets correspondent Nora Melinda joins us with the breakdown.

Bloomberg's Nora Melinda with the big take on the markets post that Fed news.

Start your stopwatches.

I've got to do all the other tech earnings and news that we haven't got to yet.

I'm going to start with Verizon, big gain in the wireless business, subscriber count.

That stock is actually on track for its best day since 2008, but they threw in a $25 billion share buyback

which is a sweetener the market's like.

So far, interesting.

It met estimates easily and gave a forecast revenue for the year that, again, was completely in line with expectations and had been higher.

Then Truist comes out with a note basically saying that full year revenue guidance is a very high bar to clear, and they don't think they'll do it, and now the stock's down 5%.

Let's go to the world of hardware.

SanDisk has taken its rally now to 1,780%.

It is up 13% after earnings, which absolutely smashed it.