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Life in the city of London for our audience, worldwide equities is session lows. The countdown to the open starts right now. Everything you need to get set for the start of us trading. This is Bloomberg, the open with Jonathan Ferro. Coming up, Microsoft raising gains as cloud sales are set to slow. Better news out of Europe is the German outlook improves at a top Fed official in line to run Bidens Economic Council. We begin with a big issue, headwinds growing in Silicon Valley. The big thing for this week is really tech earnings for the big tech stocks, big tech. We saw the start of it last night. The message were getting from this particular sector is that growth is slowing. Microsoft talked about that last night. Microsoft is talking about a weak global backdrop. They havent guided in this rally. So we need to hear guidance. The cost guys can only get you so far. No one was going to do backflips or any numbers. Its all the other companies that have yet to report that happened t