The Fed kept interest rates steady at +4.25-4.50% as inflation and uncertainty remain elevated in the U.S. economy. Fed Chair Powell hinted at future rate cuts to combat tariff-led inflation, causing markets to drop. Microsoft reported strong Q4 earnings, beating estimates with $3.65 EPS and $76.4 billion in revenue, driven by a +39% growth in its cloud business, Azure. Meta Platforms also surpassed expectations, posting $7.14 EPS and $47.52 billion in revenue, with shares up over +9%. Ford Motor Co. beat earnings with $0.37 EPS, but reported $800 million in costs from tariffs. Qualcomm slightly missed revenue expectations with $10.37 billion in Q3, causing shares to drop -4.6%. A semiconductor stock is poised to capitalize on the growing demand for data centers, offering unique products that set it apart from competitors like NVIDIA. This under-the-radar chipmaker is beginning to gain attention in the market, positioning itself for future growth.

Read more at Nasdaq: Markets Sink on Powell Presser Message, Plus Earnings: MSFT, META & More