Wall Street Futures Dip After Record Highs

Wall Street takes a breather after hitting record highs, fueled by Tesla, Micron, and hopes for a Fed rate cut as early as next week. Markets anticipate a 25-basis point cut, with some eyeing a bolder 50-point move. AI excitement, led by Oracle, drives tech sector gains, while Warner Bros Discovery eyes a Paramount Skydance deal and Adobe jumps on strong forecasts. Will consumer sentiment and Microsoft's OpenAI partnership keep the rally alive? Hosted on Acast. See acast.com/privacy for more information.