Crypto and traditional finance find themselves in the spotlight once more as investors prepare for significant announcements in the United States.

The tech giants will release their earnings after the close of trading on Tuesday. Meanwhile, the Federal Open Market Committee (FOMC) will shed light on the future of interest rates during its July 25-26 meeting.

Tech Titans to Signal End to Slowdown?

The economic health of the United States presents an interesting backdrop for Big Tech. Particularly Alphabet and Microsoft, as they gear up to reveal their quarterly earnings.

Despite prevailing market uncertainties, these tech stalwarts are expected to indicate a halt to the almost year-long deceleration in their cloud businesses. The surge in technology expenditure and digital advertising could offset this lull.

Indeed, their stocks already showcase this anticipation, with Alphabet registering a 0.40% decline and Microsoft a 0.65% uptick.

Crypto FOMC Alphabet and Microsoft Stock Performance
Alphabet and Microsoft Stock Performance. Source:

Go to Source to See Full Article
Author: Bary Rahma

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.