The Rundown Meta & Microsoft Crush Earnings, Figma to Make Trading Debut
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Jul 31, 2025 The latest market update dives into the significant earnings of Meta and Microsoft, showcasing their impressive performance. Insights from the Fed's meeting hint at potential future market shifts. There's buzz around Arm's challenges in chip production and India emerging as a key player in smartphone exports to the U.S. Plus, excitement builds for the imminent Figma IPO as listeners are encouraged to engage with ongoing trends. Get ready for a deep dive into the world of stocks and tech!
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Powell Surprises With Hawkish Tone
- Jerome Powell's hawkish tone surprised investors hoping for rate cut signals.
- The Fed sees current rates as not restrictive and takes a wait-and-see approach on inflation and tariffs.
Meta's AI Pivot Boosts Earnings
- Meta's Q2 earnings beat expectations with 22% revenue and 36% profit growth.
- AI investments are key, with Meta spending $72 billion on AI infrastructure.
Microsoft's AI-Powered Cloud Growth
- Microsoft's Azure grew 39%, surpassing estimates and hitting $75 billion annual revenue.
- Microsoft plans over $120 billion capital expenditure in AI infrastructure this year.