📈 Stock Market Recap | July 30
🟢 Markets rebounded from yesterday's selloff. Dow and S&P 500 up over 0.5%, Nasdaq 100 up 1.5%.
💻 Microsoft jumped about 14%, its best day in years. Cloud revenue grew 43%, the fastest pace since 2022.
📉 Meta dropped about 10% after its guidance missed expectations, adding to yesterday's slide.
🏆 Big winners: Microsoft, Caterpillar, Amazon. Big losers: Nike, Johnson & Johnson, Disney.
🤖 Chipmakers rebounded too, with Micron and AMD both up over 13%. The AI trade isn't dead, just pickier.
👀 Watch for more earnings ahead to see if this bounce holds.
Bottom line: strong Microsoft results pulled the market out of its slump, but Meta's stumble shows AI spending still needs to prove itself.
📈 Stock Market Recap | July 30
🟢 Markets rebounded from yesterday's selloff. Dow and S&P 500 up over 0.5%, Nasdaq 100 up 1.5%.
💻 Microsoft jumped about 14%, its best day in years. Cloud revenue grew 43%, the fastest pace since 2022.
📉 Meta dropped about 10% after its guidance missed expectations, adding to yesterday's slide.
🏆 Big winners: Microsoft, Caterpillar, Amazon. Big losers: Nike, Johnson & Johnson, Disney.
🤖 Chipmakers rebounded too, with Micron and AMD both up over 13%. The AI trade isn't dead, just pickier.
👀 Watch for more earnings ahead to see if this bounce holds.
Bottom line: strong Microsoft results pulled the market out of its slump, but Meta's stumble shows AI spending still needs to prove itself.
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