Top Investment News: Stock Futures Rise as Fed Rate Cut Decision Looms, Intel Soars on AI Chip Deal with Amazon, Microsoft Increases Dividend
Stock futures on Wall Street are pointing slightly higher as investors await the Federal Reserve's crucial interest rate decision. Intel shares are soaring after announcing a deal to manufacture AI chips for Amazon, while Microsoft hikes its dividend and unveils a $60 billion share buyback program.
Analysis:
- The Federal Reserve is likely to cut interest rates, with speculation of a 50-basis point reduction.
- Intel's partnership with Amazon for AI chips is a game-changer, while Microsoft's shareholder-friendly moves show confidence in its future.
- Oil prices are rising due to disruptions in US production, presenting opportunities for investors in the energy sector.