The Federal Reserve holds rates steady for now, but an ever-evolving trade and tariff picture raises questions about for how long. Also, Meta Platforms and Microsoft earnings suggest no slowdown in AI spending. 

Lou Whiteman, Rachel Warren, and Jon Quast discuss:

- The Federal Reserve’s decision to keep rates steady

- A shift in smartphone production

- Microsoft and Meta Platforms commit to continued elevated capex spending

- Who will be the next $4 trillion company?

Companies discussed:  Meta Platforms (META), Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA) 

Host: Rachel Warren

Guests: Lou Whiteman, Jon Quast

Engineer: Bart Shannon

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