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Fed Decision, Microsoft, Alphabet Earnings Highlight Blockbuster Week
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Fed Decision, Microsoft, Alphabet Earnings Highlight Blockbuster Week

All Articles on Seeking Alpha·2 days ago
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Wall Street heads into a blockbuster week with a Federal Reserve interest rate decision, the first read on Q3 GDP, and earnings from some of the world's largest tech companies all on deck.

Stocks ended a volatile week lower on Friday as investors continued to question the cost and potential returns from the AI investment boom. The S&P 500 ( SP500 ) fell 0.5% for the week, and the Nasdaq ( COMP:IND ) declined 0.7%, while technology shares were hit particularly hard on Thursday amid renewed concerns over AI spending.

The Federal Reserve takes center stage Wednesday, with policymakers scheduled to announce their irate decision at 2 p.m.…

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