Microsoft and Purple are high-tech stocks whose market sentiment reacted to Jerome Powell's speech on September 3, 2025.

1 report, 1 independent Updated Sep 3

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Microsoft Purple Jerome Powell

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Part of

Investors grew cautious ahead of Jerome Powell's upcoming speech.

Also in this story

Jerome Powell's upcoming speech is anticipated to potentially bring a hawkish surprise.Jun 7

All 3 developments

The entities involved

Microsoft
American multinational technology corporation
- IREN announced a strategic partnership with NVIDIA and secured a $9.7 billion cloud services contract with Microsoft.21:25
- Major AI hyperscalers like Google and Amazon are leveraging advanced computing, with SpaceX planning to utilize space for AI data centers.19:57
Purple
UK business

Nothing else this week.
Jerome Powell
president of the FED
- The FED leadership is under pressure from the administration, evidenced by the appointment of a new chair, amid ongoing criticism from Donald Trump and economic impacts from the Iran attacks.Fri 05:59

Related events

Microsoft, Tesla, and Nvidia are major tech stocks actively traded on the Nasdaq.Oct 12

Coverage

Newest first; wire copies grouped

Sep 3StockStoryWhy Purple (PRPL) Shares Are Trading Lower Today Shares of bedding and comfort retailer Purple (NASDAQ:PRPL) fell 6.3% in the afternoon session after the major indices continued to retreat (Nasdaq -1