So many conflicting signals, so little time to figure it all out. More on this and what else to know in markets on Monday, January 30, 2023.
Wall Street will be buzzing in the week ahead, as earnings from Big Tech, the Federal Reserve’s first meeting of the year, and the monthly jobs report for January set up the busiest week of the new year.
There are headwinds affecting both of its main business segments, and the level of uncertainty surrounding things like consumer spending and enterprise cloud spending is very high. Having said that, Amazon's valuation has been nearly cut in half and sits just above $1 trillion as of this writing. Why has Amazon's stock underperformed?