Ameriprise sees further rate hikes on table despite expected central bank pauses
Bitget2026/10/26 16:10- Ameriprise Financial sees cloud growth, credible AI spending plans and stronger cash generation as key to restoring confidence in AI stocks.
- Alphabet and Microsoft report Wednesday, followed by Amazon Thursday; investors will scrutinize whether cloud demand extends beyond interconnected AI investment relationships.
- Meta Platforms fell 9.4% last week as substantial capital spending pushed free cash flow slightly negative despite strong revenue growth.
- The Federal Reserve, European Central Bank and Bank of Japan are expected to hold rates this week, with further increases remaining possible.
- Persistent inflation could sustain tightening pressure; the Fed raised its 2026 core PCE inflation forecast to 3.4%, projecting inflation reaching target in 2029.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ - Illinois Tool Works shares fall as quarterly revenue misses estimates
Merlin Names Chief Revenue Officer Mark Brunner President
BUZZ - Euronet shares fall due to third-quarter earnings missing expectations
U.S. durable goods orders in September posted the largest increase in five months, with AI investment supporting corporate equipment demand
U.S. durable goods orders rose by 1.8% month-on-month in September, marking the largest increase in five months and surpassing the previous upwardly revised figure of 0.1%, though slightly below the market expectation of 1.9%. Manufacturing demand further recovered, with broad gains in orders for aircraft, computers, machinery, and automobiles. Business equipment investment also remained strong, providing new support for U.S. economic growth in the third quarter.
Crypto prices
More
