Big Tech Earnings, Fed Cuts, & Trump and Xi Trade Truce

Money Masters' Market Pulse Week 44

October 31, 2025

In partnership with

Dear Money Master,

Welcome to this week’s financial roundup! President Donald Trump and Xi Jinping ended years of icy U.S.–China relations with a surprise tariff rollback and rare-earth trade pact, signaling a fragile truce in the world’s biggest economic rivalry. Meanwhile, the Federal Reserve cut interest rates again, even as Powell warned it may be the last one for a while.

But it was Big Tech that stole the spotlight:

  • Microsoft’s Azure soared 40%, but its $3.1B OpenAI hit left investors debating whether AI innovation is becoming too costly.

  • Amazon Web Services outperformed with $33B in revenue, rebounding from a major outage.

  • Alphabet’s cloud division jumped 34%, as AI demand hits new heights.

  • Apple beat forecasts and projected 10% growth for the holidays.

  • Meta, despite a record $15.9B tax hit from Trump’s new law, is still forecasting higher ad sales.

And in a bold move, Samsung announced plans for an AI Megafactory powered by 50,000 Nvidia GPUs. 🌍💼

📰 Your Daily Financial Digest - October 31st, 2025

🌍 Economics & Finance:

  1. Fed Cuts Rates Again but Cautions on Future Moves 🏦
    The Federal Reserve lowered its benchmark rate to 3.75%-4%, marking its second straight cut this year. Powell signaled a pause ahead, balancing inflation concerns with slowing growth. Quantitative tightening will end on Dec. 1. Read More

  2. Trump and Xi Strike Trade Truce, Cut Tariffs, and Reach Rare-Earth Deal 🇺🇸🇨🇳
    Meeting for the first time in six years, the U.S. and China agreed to cut fentanyl-related tariffs to 10% and reopen channels for rare-earth exports, easing years of trade tension but stopping short of a full agreement. Read More

  3. ECB Holds Rates Steady as Eurozone Inflation Hits 2% 🎯
    The European Central Bank left its key rate at 2% for the third meeting in a row, noting inflation has aligned with its target. The ECB cited steady growth, a strong labor market, and resilient private balance sheets. Read More

💻 Technology:

  1. Samsung to Build “AI Megafactory” with 50,000 Nvidia GPUs 🤖
    Samsung plans a new facility powered by 50,000 Nvidia chips to enhance AI-driven chip manufacturing. The move positions Samsung as a major AI infrastructure player alongside Nvidia and U.S. hyperscalers. Read More

  2. Debut Biotech Partners with Image Skincare to Launch AI-Enhanced Ingredient 🧴
    California’s Debut Biotech unveiled “EDL,” a lab-created ingredient targeting skin elasticity. The innovation uses biotech to mimic natural molecules and will debut in Image Skincare products next year. Read More

  3. Investor Who Backed Navan Before It Had a Product Reflects on IPO Win 💼
    Oren Zeev invested $50,000 in Navan in 2013 before the founders even had a prototype. His leap of faith has paid off handsomely after the company’s successful IPO. Read More

💹Earnings:

  1. Microsoft Beats Expectations but Takes $3.1B OpenAI Hit 💻
    Microsoft reported $77.67 billion in revenue, up 18% year-over-year, with Azure’s 40% growth topping forecasts. However, a $3.1B OpenAI charge trimmed earnings by $0.41 per share. Read More

  2. Amazon’s AWS Revenue Climbs 20%, Topping Estimates ☁️
    AWS brought in $33 billion in Q3 revenue, above expectations. Operating income rose 9% to $11.4 billion, representing two-thirds of Amazon’s profit, despite a recent 15-hour cloud outage. Read More

  3. Apple Tops Q4 Forecasts and Projects 10% Holiday Growth 🍏
    Apple posted $102.47 billion in revenue and $1.85 EPS, both above estimates. CEO Tim Cook expects at least 10% sales growth in the December quarter, driven by iPhone and services momentum. Read More

  4. Alphabet Reports Strong Q3, Cloud Revenue Jumps 34% ☁️
    Alphabet reported $102.35 billion in revenue and $3.10 EPS, beating expectations. YouTube ads grew to $10.26 billion, while Google Cloud surged on AI demand and rising enterprise adoption. Read More

  5. Meta Stock Drops Despite Record Sales 📉
    Meta’s $51.24 billion in revenue beat forecasts, but a $15.9 billion tax charge under Trump’s new law hit profits. The company forecasts up to $59 billion in Q4 revenue, signaling continued ad strength. Read More

A Private Circle for High-Net-Worth Peers

Long Angle is a private, vetted community for HNW entrepreneurs and executives. No membership fees. What’s inside:

  • Self-made professionals, 30-55 years old, $5M-$100M net worth

  • Confidential discussions, peer advisory groups, live meetups

  • Institutional-grade investments, $100M+ invested annually

To your financial empowerment, The Money Masters Team

P.S. Stay connected! Don't forget to follow us on social media! 📱🌐

DISCLAIMER: This information is for educational purposes only and does not constitute financial advice. The publisher does not accept any responsibility for any losses incurred as a result of actions taken based on the information provided. Always conduct your own research or consult with a financial advisor before making any investment decisions.