Closing Bell Overtime: Meta Shares Rise In Overtime; Former Fed Vice Chairman Alan Blinder On The Feds Decision 7/31/24
A double-dose of major market-moving events: Meta earnings and the FOMC\u2019s rate decision. Fed Chair Jerome Powell kept interest rates unchanged but said investors could expect a cut in September if current economic data continues. Meantime, investors cheered Meta\u2019s latest quarterly numbers; top-rated analyst Mark Mahaney of Evercore and CFRA\u2019s Angelo Zino break down the report. Plus, Qualcomm CEO on what powered the chipmaker\u2019s strong quarter. Plus, other earnings from Arm, Lam Research, eBay, Etsy and MGM.