Amazon Stock Jumps in Pre-Market as Company Announces 16,000 Job Cuts
Amazon (NASDAQ:AMZN) stock moved in pre-market trading Wednesday morning after the company announced it will cut 16,000 jobs globally. This marks the company’s second major layoff round in three months, bringing total planned corporate reductions to approximately 30,000 roles.
The cuts come as Amazon aggressively expands its artificial intelligence infrastructure while shuttering underperforming retail experiments.
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Read MoreStock Market Today, Jan. 28: Intel Surges After Reports of Nvidia and Apple Foundry Partnerships
Today, Jan. 28, 2026, investors are weighing fresh foundry talks, insider buying, and AI optimism against Intel’s recent losses.
Today’s Change
(11.06%) $4.86
Current Price
$48.79
Key Data Points
Market Cap
$219B
Day’s Range
$46.32 –
Federal Reserve keeps interest rates unchanged even as Trump insists they be lowered
The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year.
Chair Jerome Powell said at a news conference that the economy’s outlook “has clearly improved since the last meeting” in December, a development that should boost hiring over time.
Read MoreHere's How Much Traders Expect Tesla Stock to Move After Earnings
Key Takeaways
- Tesla is slated to post its fourth-quarter results after the closing bell today, with revenue and profits expected to decline year-over-year.
- Options pricing suggests traders expect Tesla’s stock could move about 5% in either direction by the end of the week.
Tesla is set to report its latest financial results after the market closes today,
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Read MoreHow AI Is Disrupting Investing — And What It Could Mean to You
Robo-advisors and automated wealth management
For individual investors like you and me, perhaps the largest impact of AI is on automated wealth management. The robo-advisor industry has exploded over the past few years, and AI is accelerating the adoption of automated investing.
If you aren’t familiar with the term, a robo-advisor is a platform that assesses a client’s risk tolerance,
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Read MoreThe Burst
Chevron’s Sky High Dividend Yield to Outlast Energy Transition
Chevron isn’t the kind of stock that makes headlines every week. It doesn’t have the flash of a Tesla or the cult following of a Nvidia. But that’s exactly why dividend investors have built fortunes with it. It’s a business you can own, forget about, and still let it steadily build wealth over time.
The question is whether now Chevron is an old relic to be forgotten in a new age or a stock set to thrive as energy demands power AI?
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Read MoreThe Ivy
1 Stock That Is The Power Behind Nuclear Revival?
Cameco isn’t just a miner. It’s the world’s largest publicly traded uranium producer, but its reach extends far beyond extraction.
The company refines uranium, manufactures reactor fuel rods, and even owns 49% of Westinghouse Electric, one of the few firms that designs and builds nuclear reactors. This level of integration is rare in the commodity world,
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Read MoreThe Spotlight
Is Stellantis a Dividend Gem Hiding in Plain Sight?
Stellantis (NYSE: STLA) probably isn’t the first ticker that comes to mind when investors think “income stock.” But maybe it should be. The global auto giant, which straddles Italy, France, and the U.S. is delivering one of the highest dividend yields on the market today. It’s not just about the headline number, though. There’s a lot going on beneath the surface that most investors overlook—and some of it’s surprising.
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