Mark Gurman

And look at the spike in the session on those headlines.

So coming up, Coinbase releases earnings after the closing bell.

We're going to preview what to expect.

This is Bloomberg Tech.

Asian delivery firm Grab missed analysts' expectations on its four-year forecast, a sign that weaker consumer sentiment is weighing on the company.

Earlier, we spoke with Grab CFO Peter Ui.

Listen to this.

What I understand, Olga, I get the volume's concern, but I've always understood that like Coinbase, others that it competes with, they benefit from volatility, right?

Because volatility, you have to trade in one direction or another.

Why is that not a good moment for them?

Bloomberg's Olga Krid, thank you very much.

That does it, Caro, for this edition of Bloomberg Tech.

Yes, there's a new iPhone coming pretty imminently in the next few weeks.

It's the iPhone 17E.

It's a successor to the 16E that launched about a year ago last year.

This new version is going to have the same chip as the iPhone 17, so moving from the A18 to the A19.

And it addresses one of the quirks of the first model, which was the lack of MagSafe, which means no magnetic wireless charging within Apple's MagSafe ecosystem.

So that's coming as well.

Also an updated in-house modem and updated in-house wireless chip to match the iPhone Air from September.

You're also going to see some new iPads in the next month or so.