Microsoft Surges, Meta Slides | Open Interest 7/30/2026

Macro Economy & Monetary Policy - U.S. GDP growth was weaker than expected, driven heavily by government and inventories, while core PCE inflation cooled down in June[5][6][7] - The 30-year U.S. Treasury yield surged to a 19-year or multi-decade high following comments from Fed officials, reflecting a significant steepening of the yield curve and rising long-term rates[5][8][133] - Consumer savings rates fell significantly to 2.7% in June from 4.4% in January, signaling growing pressure on consumer financial health[7] Technology & AI Sector Performance - Microsoft reported exceptional cloud revenue growth, with Azure growing 43%, while adding 30 million paid Copilot users, leading to a strong equity rally and reduced capital expenditure burn concerns[20][125][139][145] - Meta faced a 9% stock decline due to a softer outlook, higher spending forecasts, and growing investor scrutiny over artificial intelligence investments and a projected $130 billion to $145 billion in 2026 capital expenditures[16][98][100][138] - Qualcomm shares dropped nearly 5% due to component shortages and supply chain difficulties impacting its semiconductor outlook[2][66] Consumer Goods & Retail Sector - Starbucks and Chipotle raised their guidance following stronger-than-expected quarterly results driven by trendy new menu items, revamped loyalty programs, and strong transaction growth across income groups[2][67][71] - Mastercard reported a 21% profit surge as the company successfully expanded beyond traditional payment network services into agentic commerce and security efforts[3][166] - Consumer brands like Jersey Mike's and Reformation made their public market debuts, with Jersey Mike's raising $1 billion in its initial public offering[154]