00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Stocks were mixed Thursday as traders weighed a U.S.-China trade truce,
00:06diverging tech earnings in a cautious Federal Reserve outlook, according to Bloomberg.
00:10Trump raises meeting with Xi Jinping, where both sides agreed to ease export controls.
00:14Meta fell 8.8% on AI spending concerns, Alphabet rose 8.4% on strong cloud growth,
00:20and Microsoft dipped 1.9% after results missed expectations.
00:24Three spent nearly $78 billion on CapEx last quarter, up 89% year-over-year.
00:29Investors are balancing optimism over AI and potential Fed cuts with lingering trade tensions.
00:34Dollars strengthened, Treasury yields rose,
00:37and the European Central Bank prepared its policy decision to be announced later on Thursday.
00:41For all things money, visit Benzinga.com.
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