Tech giants set to report earnings, Fed expected to signal rate cuts, potential buying opportunities

From Investor’s Business Daily: 2024-07-26 23:19:00

Dow Jones futures are set to open Sunday alongside other major indexes as tech giants like Apple, Microsoft, Meta, and Amazon gear up for a week of earnings reports. The Federal Reserve is expected to signal upcoming rate cuts during their meeting this week. The stock market rally saw a boost in small caps while the Nasdaq struggled with tech earnings. AI tech companies face pressure over capital spending on artificial intelligence as investors watch for growth signals and monetization efforts. Non-tech sectors offer potential buying opportunities as investors navigate market turbulence. Keep an eye on the Fed and tech giants for market direction this week.



Read more at Investor’s Business Daily: Dow Jones Futures: AI Boom Out Of Steam? We’re About To Find Out; Fed Rate Pivot Looms