Meta, Microsoft Power Wall Street To New Records Despite Inflation Jump: What's Moving Markets Thursday?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: benzinga_crypto
Updated: Jul 31 2025Market Performance: Meta Platforms and Microsoft saw significant stock surges after strong earnings reports, contributing to record highs for major tech indices like the S&P 500 and Nasdaq 100, despite rising inflation data.
Economic Indicators: The Personal Consumption Expenditures price index exceeded forecasts, influencing traders' expectations regarding potential interest rate cuts by the Federal Reserve, while President Trump announced new tariffs on South Korean imports.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
