Episode Details
Back to EpisodesIt Was A Good Quarter For Microsoft – And A Mixed One For Meta, And The Fed Kept Interest Rates Steady
Published 2 months, 1 week ago
Description
Microsoft is starting to see some return on its AI investment, with strong results in Wednesday’s second-quarter earnings report – but it was a different story for Meta, and the US Federal Reserve Committee voted 9-3 in favor of holding interest rates steady at 3.5% to 3.75% on Wednesday.