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The Federal Reserve’s July 28-29 meeting faces heightened uncertainty over a potential rate hike as recent geopolitical tensions and tariffs reignite inflation concerns, shifting market expectations dramatically.
CoreWeave stock declined 30% in one month as investor focus shifted from growth to profitability concerns amid competitive pressures in AI infrastructure markets.
Treasury Secretary Scott Bessent expressed confidence that inflation will moderate through the year, giving the Federal Reserve room to cut interest rates, though he acknowledged understanding the central bank’s cautious approach.
TSMC reported a 77.4% jump in second-quarter profit and announced an additional $100 billion investment in Arizona, bringing its total state investment to $265 billion.
Despite major Middle East geopolitical tensions and significant oil supply losses, crude prices remain well below their April-May peaks as unexpectedly sharp global demand destruction keeps the market balanced.
AT&T exceeded expectations in its second-quarter earnings, reporting adjusted EPS of $0.65 and free cash flow of $4.7 billion, driven by strong subscriber growth and network expansion.
