Morning Blast - 30th April: Fed's messiest vote, BoE on the spot, four hyperscalers and a Trump meme

Ryan and Michael Brown on a Thursday show with the Fed's messiest vote since 1992, a Bank of England decision under impossible circumstances, and four hyperscaler earnings to digest before Apple reports tonight.

On the Middle East, Trump posted to Truth Social that Iran cannot get their act together, accompanied by a machine gun meme captioned "No more Mr Nice Guy." US Central Command is briefing the President today on a range of military options, including potentially taking control of the Strait of Hormuz.

On the FOMC, the vote was eleven to one to hold, with Governor Miran dissenting for a cut. Three regional presidents separately dissented on the easing bias language in the statement, a distinction Michael unpacks in detail and explains why the eight-to-four framing you may have seen everywhere was wrong.

On earnings, all four hyperscalers beat, but Meta sold off after hours on the gap between its rising capex and its inability to monetise it the way Amazon, Alphabet and Microsoft already are.

On the Bank of England, a hold at three and three quarter percent with the vote split the real story. Hugh Pill the likely hawkish dissenter, with Megan Greene and Catherine Mann potentially joining him.

Clive Lambert at FuturesTechs with the levels.