Ameriprise sees further rate hikes on table despite expected central bank pauses
Bitget2026/10/26 16:10- Ameriprise Financial sees cloud growth, credible AI spending plans and stronger cash generation as key to restoring confidence in AI stocks.
- Alphabet and Microsoft report Wednesday, followed by Amazon Thursday; investors will scrutinize whether cloud demand extends beyond interconnected AI investment relationships.
- Meta Platforms fell 9.4% last week as substantial capital spending pushed free cash flow slightly negative despite strong revenue growth.
- The Federal Reserve, European Central Bank and Bank of Japan are expected to hold rates this week, with further increases remaining possible.
- Persistent inflation could sustain tightening pressure; the Fed raised its 2026 core PCE inflation forecast to 3.4%, projecting inflation reaching target in 2029.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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