- Admin
- #1
Big tech is facing headwinds this morning. Both Microsoft (MSFT) and Alphabet (GOOGL, GOOG) traded lower after releasing their respective earnings reports. Microsoft beat on both the top and bottom lines, but it was not enough to satisfy investors. Alphabet’s stock traded lower after ad revenue missed expectations. Elon Musk took a massive hit yesterday after a Delaware judge ruled to void the Tesla (TSLA) CEO's massive $56 billion payday. Shares of Tesla slid on the news. Wall Street will be watching D.C. today as the Federal Reserve announces its latest interest rate decision. We will stream the decision live beginning at 2 p.m. ET. Yahoo Finance trending tickers include AMD (AMD), Walmart (WMT), and Paramount (PARA). Key guests include:9 a.m. ET - Rachel Ruggeri, Starbucks CFO9:40 a.m. ET - Mark Zandi, Moody's Analytics Chief Economist10 a.m. ET - Sam Stovall, CFRA Chief Investment Strategist10:15 a.m. ET - Karsten Munk Knudsen, Novo Nordisk CFO10:30 a.m. ET - George Arison, Grindr CEO10:40 a.m. ET - Al Guido, San Francisco 49ers President11:40 a.m. ET - Richard Francis, Teva CEO