Reported 3 months ago
On July 31, investors are looking toward the Federal Reserve's 2 p.m. ET announcement on interest rates, expected to remain unchanged, while Fed Chair Jerome Powell's press conference will be closely scrutinized for potential clues about future cuts. Additionally, Microsoft's Q4 earnings surpassed expectations but showed weak cloud revenue, while AMD's positive Q2 results indicated strong AI chip demand. Boeing appointed Robert Ortberg as its new CEO, replacing David Calhoun, amid ongoing production challenges and a notable quarterly loss.
Source: YAHOO