An unpredictable Fed

An unpredictable Fed

Published: July 29, 2026

Duration: 8:00

SK Hynix's profits surged sixfold and its stock still dropped 10%. The Fed is poised to make its more unpredictable rate decision since 2018. Plus, Microsoft and Meta earnings are up tonight.

Today’s recommended read:⁠ Three midweek thoughts - cresting capex, Burnham bounce and Ukraine-Iran by Mike Dolan

Subscribe to Mike Dolan's Morning Bid⁠⁠⁠ newsletter,⁠⁠ and check out his columns on⁠⁠⁠ Reuters Open Interest⁠⁠⁠.

Read more from ⁠⁠⁠Amanda Cooper⁠⁠⁠ and⁠⁠⁠ Anna Szymanski⁠⁠⁠.

Produced by Eliza Davis Beard and Abisoye Osundairo.

Sound engineering and music by Sebastian and Josh Sommer.

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