Tag: investments

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Big Tech Earnings and Fed Decision Set to Shake Up Markets

Stocks wavered Wednesday morning amid caution ahead of Big Tech earnings and the Federal Reserve's rate decision. Nasdaq Composite fell over 0.3%, while S&P 500 and Dow Jones Industrial Average traded mixed. Investors await guidance from Meta and Microsoft's quarterly results for reassurance on Big Tech's AI spending. ASML stock surged on earnings beat and CEO's dismissal of DeepSeek's AI impact. Trump Media shares climbed nearly 15% on plans to expand into financial services.