Dow futures jumped Wednesday as Wall Street waits to hear from the Fed in the afternoon at the end of its two-day January meeting.
that beat estimates. Microsoft also gave an upbeat forecast for the current quarter, as cloud services revenue continues to post strong growth. The gaming component of Microsoft became more relevant to investors this month, when the company announced plans to acquire Call of Duty maker
for $68.7 billion. The largest deal in Microsoft's 46-year history is expected to close in fiscal 2023.Chip Somodevilla | Getty Images U.S. President Joe Biden delivers remarks alongside Intel CEO Patrick Gelsinger as he speaks about the ongoing supply chain problems in the South Court Auditorium of the Eisenhower Executive Office Building on January 21, 2022 in Washington, DC.will meet in person Wednesday with the CEOs of 10 major corporations to discuss the potential benefits to business of his Build Back Better Act, the social safety net bill that passed the House last year but stalled in the Senate.
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