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Big Tech’s Big Spend, Countdown To The Fed 7/30/24 episode artwork

EPISODE · Jul 30, 2024 · 35 MIN

Big Tech’s Big Spend, Countdown To The Fed 7/30/24

from Power Lunch · host CNBC

The pressure’s on for the ‘Magnificent 7’ cloud giants when they report results this week. They’ll have to prove that all of the money they’re spending to build out AI will eventually pay off. We’ll discuss. Plus, we’re just 24 hours way from the Federal Reserve’s latest decision on interest rates. We’ll reveal what our mock Fed panel says they should do here. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

The pressure’s on for the ‘Magnificent 7’ cloud giants when they report results this week. They’ll have to prove that all of the money they’re spending to build out AI will eventually pay off. We’ll discuss. Plus, we’re just 24 hours way from the Federal Reserve’s latest decision on interest rates. We’ll reveal what our mock Fed panel says they should do here.

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Big Tech’s Big Spend, Countdown To The Fed 7/30/24

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How long is this episode of Power Lunch?

This episode is 35 minutes long.

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This episode was published on July 30, 2024.

What is this episode about?

The pressure’s on for the ‘Magnificent 7’ cloud giants when they report results this week. They’ll have to prove that all of the money they’re spending to build out AI will eventually pay off. We’ll discuss. Plus, we’re just 24 hours way from the...

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