Hyperscalers and the Fed: Big Tech Earnings Meet a Potential Rate Surprise


‼️ Earnings will kick into high gear next week, with three major hyperscalers — Amazon, Meta Platforms and Microsoft — reporting Wednesday and Thursday. The Federal Reserve makes its latest decision on interest rates on Wednesday. The consensus view is that the Fed will hike rates, but not until September. But fed funds futures trading is also pricing in a sizable likelihood — 35% — that the central bank will lift its benchmark borrowing rate a quarter percentage point as soon as next week

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