July 29, 2026
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1:01Now PlayingMicrosoft and Meta earnings test investor patience as massive AI spending drains cash reserves and drags down stock futures. Meantime, rising inflation splits Fed policymakers, with markets pricing in a shock rate hike under a tight central bank regime. Overseas, German automakers BMW and Volkswagen slash capacity and thousands of jobs as China sales plunge.
#BigTech #ArtificialIntelligence #StockMarket #FederalReserve #InterestRates #Inflation #BMW #Volkswagen #AutomotiveNews #GlobalEconomy
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