[Pre-Market Highlights: Federal Reserve Decision and Microsoft/Meta Earnings Reports Incoming, South Korea Implements Overnight Stock Market Stabilization Policies] BlockBeats News, July 29 — The market is set for a sleepless night today. The Federal Reserve decision and Microsoft/Meta earnings reports are on the horizon, while Trump’s tough stance on Iran has heightened market concerns. Key pre-market information for Wednesday is summarized as follows: 1. The Federal Reserve decision will be announced during U.S. market hours tonight, while Microsoft and Meta earnings reports will be released after the market closes. Notably, ahead of Microsoft’s ($MSFT.US) earnings report, its short positions have risen to the highest level in nearly a decade, as doubts over whether AI capital expenditures can translate into revenue growth continue to intensify. 2. Pre-market, Trump issued a strong statement on Iran, saying, "We will hit them hard, and they will suffer heavy blows." 3. Following an emergency meeting, South Korea’s Ministry of Finance announced its commitment to implementing additional measures to stabilize the stock market. These measures include restricting leveraged ETF trading, enhancing oversight of leveraged ETF transactions, limiting retail investors’ exposure to leveraged ETFs, immediately introducing additional regulatory measures for single-stock leveraged ETFs, and increasing transaction costs to curb speculative ETF behavior.