00:09 Speaker A
Time now for what to watch Wednesday, January 28th. It is the busiest day of the week driven by tech earnings.
00:15 Speaker A
Three of the magnificent seven companies are reporting after the market’s close. We’re going to hear from Microsoft, Meta and Tesla.
00:23 Speaker A
And Microsoft, the focus is cloud capacity and whether AI demand is being constrained by data center bottlenecks.
00:32 Speaker A
Meta investors will be watching CAPEX closely as spending tied to AI infrastructure continues to rise faster than its peers, potentially pressuring margins.
00:40 Speaker A
And for Tesla, analysts are watching data around deliveries, pricing, and progress on autonomy and AI.
00:47 Speaker A
This coming after CEO Elon Musk said early production for the Cybercab and Optimus will be agonizingly slow.
00:52 Speaker A
But before the earnings fireworks, we’re going to be getting the Federal Reserves interest rate decision. Markets are widely expecting the central bank to hold rates steady, but looking at the political backdrop, there’s fierce pressure from President Trump
01:04 Speaker A
and a looming announcement of the president’s pick for the next Fed chair.
01:09 Speaker A
The betting market showing a late swing toward Blackrock’s Rick Reeder, according to Polymarket, his odds now nearing 50%.