Fed Decision Today, Microsoft's Cloud Miss, and Starbucks Same-Store Sales Decline 7/31/24

31/07/2024 42 min
Fed Decision Today, Microsoft's Cloud Miss, and Starbucks Same-Store Sales Decline 7/31/24

Listen "Fed Decision Today, Microsoft's Cloud Miss, and Starbucks Same-Store Sales Decline 7/31/24"

Episode Synopsis

The Fed is largely expected to keep rates steady at its meeting today. Apollo's Torsten Slok and Wall Street Journal's Gunjan Banerji preview the decision. Plus, shares of Microsoft are lower after the company reported its first miss on cloud revenue since 2022. Bernstein's Mark Moerdler explains. And, Starbucks shares are popping despite a decline in same-store sales. Wedbush's Nick Setyan digs into the results. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.