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Microsoft's Earnings Surge Is Overshadowed by Data-Center Spending - WSJ The Wall Street JournalMicrosoft stock drops 7% on slowing cloud growth, light margin guidance CNBCWhy Microsoft's stock is getting punished after earnings MarketWatchMicrosoft Q2 earnings beat on top and bottom lines as cloud revenue tops $50 billion, but stock falls Yahoo Finance
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Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive'
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Gold nears $5,600/oz as investors seek safety, silver eyes $120 ReutersGold Hits New High, Oil Rises as Iran Tensions Rekindle The Wall Street JournalGold and silver keep hitting record highs. But is the precious metals market 'broken'? CNBCGold's Record Rally Extends, Dollar Pares Gains: Markets Wrap BloombergWhat is driving gold's relentless rally? The Economist
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The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected.
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The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.
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