@FluentInFinance@mastodon.social
2026-10-29 13:33 UTC
A LOT has happened in the last 24 hours:
1. The Fed held interest rates at 3.75%–4.00%. Two officials wanted another rate hike.
2. Google $GOOGL reported $127.6 billion in quarterly revenue, up 25%, while its cloud business grew 103%.
3. Microsoft $MSFT reported $92.3 billion in quarterly revenue, up 19%, and $36.6 billion in net income. Azure grew 48%.
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