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» Read more about: Fed's Interest Rate Decision: July 29, 2026 »
Federal Reserve holds interest rates steady amid inflation concerns
The Federal Reserve voted to keep interest rates unchanged, with three officials dissenting due to persistent inflation concerns.
WASHINGTON —
The Federal Reserve voted 9-3 on Tuesday to hold interest rates steady,
» Read more about: Federal Reserve holds interest rates steady amid inflation concerns »
Meta’s stock slumped in after-hours trading on Wednesday, shortly after the tech giant reported earnings per share below Wall Street estimates, while revenue slightly beat expectations.
Shares tumbled further, trading down 9.5% as Meta’s analyst call discussing the results concluded.
Meta is one of the “hyperscalers”
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SM Energy (SM) is drawing attention ahead of its upcoming June quarter earnings report on August 5.
Federal Reserve holds interest rates steady amid inflation concerns
The Federal Reserve voted to keep interest rates unchanged, with three officials dissenting due to persistent inflation concerns.
WASHINGTON —
The Federal Reserve voted 9-3 on Tuesday to hold interest rates steady,
» Read more about: Federal Reserve holds interest rates steady amid inflation concerns »
Replimune is seeking accelerated approval for RP1 in combination with nivolumab for certain advanced melanoma patients who progressed after anti-PD-1 therapy.
Wedbush remains guarded on final approval odds given the FDA’s strongly critical stance.
BMO sees Replimune facing a difficult session at Thursday’s advisory committee meeting.
Rosenblatt maintained a ‘Buy’ rating on Seagate shares and raised its price target to $1,400 from $1,300, implying an upside potential of about 87% from Tuesday’s closing price.
The firm said management expects a widening supply-demand imbalance to drive sequential improvements in revenue,
For the quarter ended June 2026, Antero Resources (AR) reported revenue of $1.56 billion, up 20.2% over the same period last year. EPS came in at $0.76, compared to $0.35 in the year-ago quarter.
The reported revenue represents a surprise of +4.41% over the Zacks Consensus Estimate of $1.49 billion.
The Federal Reserve held rates steady, but officials have splintered over how the central bank should tackle elevated inflation.
Three policymakers voted in favor of a quarter-point increase on Wednesday, suggesting that the debate in the coming months will center not on whether the central bank will lift borrowing costs,
» Read more about: 4 Takeaways From the Federal Reserve Meeting »
Tesla stock extended its post-earnings decline on July 28, closing near $307 after investors continued to digest weaker profit, falling automotive margins and a sharp increase in spending. The shares have lost about 18% from their $374.01 close before Tesla released its second-quarter results on July 22.
The latest decline has also pushed Tesla’s 14-day Relative Strength Index below 30.
» Read more about: Tesla Stock Slides 18% as RSI Falls Below 30 »
