Artificial Intelligence is the star of the stock market, but with the companies that kicked off the AI craze all privately held,

how can investors gain exposure to this structural long-term trend?

Learn more later in the podcast.

Listen carefully.

Can you hear the rhythm in the markets? Not just in the syncopations triggered by inflation, but in the preludes

leading to global elections, in the dissonance that moves the Nik and the rising course conducted by AI.

There's music in markets and if you want to learn to listen for it. We'll show you how.

Learn more at Bloomberg.com.

From the heart of where innovation, money and power

collie in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. Live from London and San Francisco, this is Bloomberg Technology.

Coming up, ASML's CEO on how the US-China relationship could shape the chip industry.

The future of SEC oversight will be joined live by chair Gary Gensler.

An SAP shares soar to a new record thanks to AI driving cloud revenue.

We have that and many more earnings for you but first

let's just check in on these markets. We shine a light on the NASDAQ which is

currently off by about a tenth of a percent the S&P 500 off for two straight days

that's the first back-to-back losses we've seen in six weeks.

There's some caution about where the Federal Reserve goes from here.

Does it continue to cut rates in the face of resilient U.S. economy even as the IMF warns of a global slowdown

Ed, but we see tech just off a little bit. What's risk

sentiment like for some of the names you're watching?

...