GOOGL Earnings Rattle AI Trade, MSFT Adds Muscle; NOW Plunges

The Fed's interest rate meeting didn't offer the fireworks Kevin Green was expecting to see, and a mixed picture in the latest Mag 7 earnings continues to pressure the AI trade. He turns to Alphabet (GOOGL) as the leading example, where shares plunged 11% in the premarket as ad and search revenue see weakness despite cloud's strength.