Company Interview / Market Update | Meta, Tesla, Zip, Lovisa, Wisr, Mineral Resources

The Federal Reserve decides to keep interest rates steady between 4.25% and 4.5%, waiting for further policy developments from President Trump. Treasury yields surge, fewer rate cuts are expected, and the US dollar strengthens against major currencies.

Wall Street sees a flurry of tech earnings, with Meta surpassing revenue expectations thanks to AI marketing tools, while Tesla plans cheaper EV models amid financial pressure. The Australian market observes local reactions, with a positive start and notable shifts in stocks.

Zip Co reports significant revenue growth despite a drop in revenue margin, while Wisr boosts its loan book with secured vehicle loans. Mineral Resources maintains its guidance, and Lovisa faces a class action over staff payment. Key company updates influence overall market sentiment.