๐ Fed holds rates + Microsoft Q4 earnings after close: biggest market day of July
Two massive events land today: the Federal Reserve is expected to hold the federal funds rate at 3.50% to 3.75%, and Microsoft reports Q4 earnings after market close with analysts expecting $4.24 EPS on $87.67 billion in revenue. Azure cloud guided for 39 to 40% growth, but investors are scrutinizing AI capital spending closely. Beat or miss โ which way do you think MSFT moves after hours? Not financial advice.
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