Wall Street futures fell slightly as investors digested mixed earnings from tech giants and the Federal Reserve's latest policy decision. S&P 500 Futures dipped 0.2% to 6,994.0 points, while Nasdaq 100 Futures remained flat at 26,159.75 points. The Dow Jones Futures declined 0.3% to 49,019.0 points, reflecting cautious positioning ahead of more key corporate results.

Meta Platforms Inc (NASDAQ:META) shares jumped 8% post-earnings as the company forecast first-quarter revenue above market expectations, driven by resilient advertising demand and AI investments. Tesla Inc (NASDAQ:TSLA) shares rose nearly 2% after it beat analysts' expectations for the fourth quarter. In contrast, Microsoft Corporation (NASDAQ:MSFT) shares slid 7% due to slower growth in its cloud business and softer-than-expected guidance for operating margins, reflecting near-term cost pressures from AI spending.

The Federal Reserve held interest rates steady at 3.50%–3.75%, marking the first pause after three consecutive cuts. The Fed cited elevated inflation and solid economic growth, offering little guidance on future rate cuts. Market participants expect two more cuts later in the year, but the lack of clear signals has introduced uncertainty. Looking ahead, investors are focusing on upcoming earnings from Apple Inc (NASDAQ:AAPL), Caterpillar Inc (NYSE:CAT), and Lockheed Martin (NYSE:LMT), particularly as cost pressure concerns loom over Apple's results.