Big Tech Earnings; No Letup of US Naval Blockade; Fed Decision | Bloomberg Brief 4/29/2026

Nasdaq 100 futures rise with more than $14 trillion in market cap set to report after the market close, including Meta, Microsoft, Amazon and Alphabet. The US signals it will stick with a naval blockade of Iranian ports to force Tehran to the negotiating table. The Federal Reserve will announce its rate decision in what will likely be Chair Jerome Powell's last meeting as the head of the central bank. Andrew Hollenhorst of Citi looks ahead to the Fed's rate decision and its leadership transition. (Source: Bloomberg)