Fed Decision Today, Microsoft's Cloud Miss, and Starbucks Same-Store Sales Decline 7/31/24

Fed Decision Today, Microsoft's Cloud Miss, and Starbucks Same-Store Sales Decline 7/31/24

  • By
  • Episode
      908
  • Published
      Jul 31, 2024
  • Publisher
0 Ratings
0
Episode
908 of 1232
Duration
42min
Language
English
Format
Category
Economy & Business

The Fed is largely expected to keep rates steady at its meeting today. Apollo's Torsten Slok and Wall Street Journal's Gunjan Banerji preview the decision. Plus, shares of Microsoft are lower after the company reported its first miss on cloud revenue since 2022. Bernstein's Mark Moerdler explains. And, Starbucks shares are popping despite a decline in same-store sales. Wedbush's Nick Setyan digs into the results.

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