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PCE reading, Microsoft, Alphabet jump on earnings: Yahoo Finance

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Personal Consumption Expenditures Nyheter

Microsoft,Alphabet

Investors are digesting the Fed's preferred inflation measure after the release of the Personal Consumption Expenditures (PCE) index.Big Tech is coming to...

Investors are digesting the Fed's preferred inflation measure after the release of the Personal Consumption Expenditures index.Big Tech is coming to the rescue on Wall Street. Microsoft are jumping following their latest earning reports. Both companies topped expectations and were helped by their AI businesses. The news comes after a rough day for stocks, with a weaker-than-expected GDP report and earnings from companies such as Meta is one stock I reversed course on in a big way.

They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home.

 

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