Federal Reserve Decision - The Federal Open Market Committee (FOMC) decided to maintain the Fed funds rate in the 3.50-3.75% range, following three consecutive cuts totaling 175 basis points since September 2024 [2][3] - The Fed noted that the economy is expanding at a solid pace, with unemployment stabilizing and inflation remaining somewhat elevated, leading to the decision not to cut rates further [3] Microsoft (MSFT) Earnings Report - Microsoft reported earnings of $4.14 per share on revenues of $81.27 billion, exceeding expectations of $3.88 per share and $80.23 billion in revenue [5] - The cloud business, Azure, generated $39.0 billion, slightly below the consensus of $39.4 billion, while Remaining Performance Obligations (RPO) in AI surged by 110% to $625 billion, with 45% linked to OpenAI [6] - Capital expenditures rose by 66% to $37.5 billion, and commercial cloud revenue increased by 17% [7] Meta Platforms (META) Earnings Report - Meta reported earnings of $8.88 per share on revenues of $59.89 billion, surpassing estimates of $8.21 per share and $59.59 billion in revenue [8] - The company raised its current-quarter revenue guidance and projected capital expenditures for fiscal 2026 to be between $115-135 billion, up from the previous estimate of $110 billion [8] Tesla (TSLA) Earnings Report - Tesla's Q4 earnings were 50 cents per share, beating estimates by 5 cents, while revenues of $24.90 billion fell short of the anticipated $25.14 billion [9] - The company announced that its new Cybercab is on track for production in 2026, with shares rising by 3% following the news [10]