US Market Outlook: Continuing the trend of the previous day's Powell conference, the Dow Average started at $74 higher

FRB Signals
● The US Federal Reserve (Fed) left interest rate hikes unchanged as expected, but it suggested that interest rate cuts are approaching unless progress toward recovering the target value of the inflation rate stagnates.
● Chairman Powell said that policy makers will continue to keep a close eye on the data, but if everything continues to move in the current direction, “policy interest rate cuts will be as early as the next meeting in September.”
Related articles:US Economic Index [Number of New Unemployment Insurance Claims]

The Federal Reserve is in the midst of the presidential election due to the consideration of interest rate cuts in September
The risk of a “collision” with the presidential election is increasing as the US Federal Reserve (Fed) greatly paves the way for September interest rate cuts.

AI return on investment
● It is the parent company of Facebook and Instagram $Meta Platforms(META.US)$ has received financial results showing that investment in AI has achieved results by promoting sales of more targeted advertisements, and is rising due to pre-market transactions.
●This is $Microsoft(MSFT.US)$ It continues to disappoint, but US high-tech stocks skyrocketed on Wednesday, $NVIDIA(NVDA.US)$ It also follows that the total market value increased by 329 billion dollars. I am a member of the 1 trillion dollar club $Apple(AAPL.US)$ with $Amazon(AMZN.US)$ It is scheduled to be announced after closing.
●Related articles:
[Financial Summary] Meta net profit increased by 73% and surged by over 7% after hours! What will happen in the future?
[Financial Summary] Microsoft's “Azure” Business Revenue Growth Rate Slows Down, Capital Spending Surges
[Earnings Preview] AI, Apple's new “trump card”? Apple of “Mag7” is scheduled to announce financial results on 2nd (Friday)!
[Earnings Preview] Amazon Approaching Earnings Announcement! Pay attention to the growth of AWS and the retail business, what is the future of shareholder returns?

Chip issues
● $NVIDIA(NVDA.US)$ Not limited to, the chip sector is not very optimistic. $Qualcomm(QCOM.US)$ It initially rose after financial results, but it stalled amid concerns about delays in recovery in the smartphone sector.
●Chip design company's $Arm Holdings(ARM.US)$ There was no sign that the AI-related boom seen at NVIDIA and Broadcom could be reproduced, and it fell from beginning to end due to sluggish predictions.
● In the overall market, the United States is considering unilaterally restricting China's access to AI memory chips and devices as early as next month.
●Related articles:[Financial Report] English Arm (ARM) FY25Q1 financial results under the umbrella of SBG: EPS 0.40 dollars (expected 0.34 dollars), sales 0.939 billion dollars (expected 0.905 billion dollars)