US equity markets (^DJI, ^IXIC, ^GSPC) face pressures ahead of the Federal Reserve's interest rate decision on Wednesday. Wall Street experts are expecting Fed officials to hold rates where they are coming out of their May FOMC meeting this week. Amazon (AMZN) will report its first-quarter earnings after Tuesday's market close, with many analysts eyeing the Magnificent Seven member's AI and cloud business segments. Lastly, McDonald's (MCD) shares fall in today's pre-market trading as higher menu prices drag down the fast-food chain's sales and revenue growth estimates. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Many companies will release their latest quarterly earnings, including Amazon (AMZN), AMD (AMD), 3M (MMM), Starbucks (SBUX), Coca-Cola (KO), Stellantis (STLA), Super Micro (SMCI), Pinterest (PINS) and more. April's Consumer Confidence data will be released. Current estimates hover at 103.5, lower than March's 104.7. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Multiple tech giants, including Alphabet (GOOG,GOOGL), Meta (META), and Microsoft (MSFT), reported their first quarter earnings last week. The results revealed a sizable push for future investments in AI projects, with hefty price tags proposed by each company. Yahoo Finance Reporter Seana Smith breaks down the spending for these companies and what the AI projects could look like moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino