This week, keep an eye on the earnings reports and guidance from Microsoft, Apple, and Amazon in the US stock market, as well as the Federal Reserve's interest rate decision. For Microsoft, focus on its software business, cloud service growth, whether AI capital expenditure guidance will be further raised, and the AI transformation of its ecosystem business. The earnings data will impact the software sector. For Apple, watch how the price hikes in memory and other hardware affect product sales, which will influence companies in the Apple supply chain and the memory market trend. For Amazon, see if AWS cloud business growth can surpass 30%, whether free cash flow continues to deteriorate, and if AI capital expenditure guidance will be further raised. These factors will impact the performance of AI hardware stocks. On the macro side, pay attention to the Federal Reserve's interest rate decision. Eastern Time 07-29 14:00 · Beijing Time 07/30 02:00. According to Polymarket data, there's an 80% chance of no change and a 20% chance of a rate hike.