Big Tech’s Big Spend, Countdown To The Fed 7/30/24
from Power Lunch Hosted by 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.
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This episode was published on July 30, 2024.
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