Nasdaq Composite Cautious Ahead of Big Tech Earnings and Fed Decision
The Nasdaq Composite opened slightly lower as investors remain cautious ahead of major tech earnings reports and the Federal Reserve's rate decision. Key tech companies like Amazon, Alphabet, Meta, and Microsoft are set to report results, while OpenAI's underperformance has impacted AI-related stocks. Geopolitical tensions and rising oil prices are adding to market uncertainty.
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Topics: AI Industry Big Tech Earnings Federal Reserve Market Volatility Nasdaq Composite