This has been a summer where big tech has largely showered us with huge earnings, bigger estimates of their capital spending and fairly fantastic stock gains.

Palantir Technologies ( PLTR ) , for example, may have finished the week down 5.24%, but the big data company that makes sense out of seemingly random data points is still up 134% this year.

Nvidia ( NVDA ) is up 34.4%. Facebook parent Meta Platforms ( META ) is up 34.1%.

This week, the focus changes.

First, investors must deal with the aftermath of President Donald Trump’s meeting with Russian President Vladimir Putin in Anchorage, Alaska. The meeting ended with no major agreements, especially on Ukraine.

Much attention will be focused on interest rates and Federal Reserve Chairman Jerome Powell’s speech Frida

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