Investors weren't impressed with the company's growth forecast amid the AI rally.
US equities (^DJI, ^IXIC, ^GSPC) open Wednesday's trading session near their flatline — the Dow Jones Industrial Average moving just a touch higher — in anticipation of Wednesday's interest rate policy decision by Federal Reserve officials. Morning Brief Anchors Seana Smith and Brad Smith monitor this morning's sector leaders and movement in semiconductor stocks following the opening bell. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
CVS posts a wide miss on first-quarter earnings and cuts guidance, AMD shares fall after the chip maker issues a disappointing outlook, and Amazon’s profit is driven by strong growth in cloud computing.