Kla Corporation shares fall 2.38% premarket after Fed leaves interest rates unchanged.

Kla Corporation dropped 2.38% in premarket trading. The Federal Reserve's decision to leave its key interest rate unchanged and the quarterly results of Microsoft and Meta were announced, which could have influenced investor sentiment. Additionally, Morgan Stanley and JPMorgan adjusted their price targets on PayPal Holdings, which might have indirectly affected the broader market sentiment, including Kla Corporation.