Stock Market Rises On Fed Interest Rate Decision; Alphabet, Microsoft Diverge On Earnings Late
The stock market climbed Wednesday after the Fed kept interest rates steady as expected. Alphabet and Microsoft diverged on earnings late.
ARCHIVED · 2 LEFT · 6 CENTER · 1 RIGHT · Oct 29, 1:18 AM
CBS News and Investor's Business Daily describe the same event in different terms.
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WORDING GAP
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Different Spin. The center frames it as "Why Alphabet’s stock could see its worst drop in years after the latest results". The right frames it as "Stock Market Rises On Fed Interest Rate Decision; Alphabet, Microsoft Diverge On Earnings...".
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Oct 28, 10:03 PM: NZ Herald joined the source map.
Oct 28, 10:07 PM: Investor's Business Daily joined the source map.
Oct 28, 10:13 PM: Semafor joined the source map.
Oct 28, 10:34 PM: CNBC joined the source map.
Now: Wording Gap is 81/99 and story health is stable · 9 sources · all three buckets · comparable news format.
ARCHIVED SOURCES
The stock market climbed Wednesday after the Fed kept interest rates steady as expected. Alphabet and Microsoft diverged on earnings late.
A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off search queries.
As expected, the Federal Open Market Committee kept interest rates unchanged Wednesday in its last meeting before the U.S. midterm elections.
The Federal Reserve has decided to hold interest rates steady despite high inflation. CBS News' Kelly O'Grady has more.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed holds rate steady ahead of midterms Federal Reserve officials held inter...
In our news wrap Wednesday, the Federal Reserve held interest rates unchanged even as officials acknowledged that inflation remains elevated, the federal judge overseeing the prosecution of...
Microsoft reported better-than-expected results driven by 48% growth in Azure revenue.
Alphabet’s stock fell 7% in after-hours trading Wednesday after the company missed profit projections and increased its AI spending past $50 billion in the third quarter.
Microsoft earned more than US$36.6 billion in profit, beating its forecast.