I'm Rachel Warren, joined today by Motley Fool analysts Lou Whiteman and Jon Quast. Today, we're talking Mag 7 spending plans and tariff turmoil, but we have to start with the big macro picture first.

In this podcast, Motley Fool contributors Lou Whiteman, Rachel Warren, and Jon Quast discuss: The Federal Reserve's decision to keep rates steady. A shift in smartphone production. Microsoft and ...