Big Tech Earnings Test AI Bets
According to Reuters via Investing.com, “Big Tech earnings to test AI rally as resurgent Alphabet takes lead”, Microsoft and Meta must show that heavy AI investments will produce revenue; investors will watch AI SPENDING in upcoming quarterly reports. ([investing.com](https://www.investing.com/news/stock-market-news/big-tech-earnings-to-test-ai-rally-as-resurgent-alphabet-takes-lead-4466859?utm_source=openai)) [Investing.com](https://www.investing.com/news/stock-market-news/big-tech-earnings-to-test-ai-rally-as-resurgent-alphabet-takes-lead-4466859)
Pinterest to Cut Jobs to Focus on AI
According to The Verge, “Pinterest cuts workforce by around 15 percent to focus on AI”, the company said it will shrink staff and office footprint to reallocate resources to AI initiatives, highlighting broader tech LAYOFFS tied to automation strategies. ([theverge.com](https://www.theverge.com/news/868531/pinterest-layoffs-cuts-15-percent-ai-transformation?utm_source=openai)) [The Verge](https://www.theverge.com/news/868531/pinterest-layoffs-cuts-15-percent-ai-transformation)
Micron Breaks Ground on $24B Singapore Fab
According to Singapore EDB, “Micron breaks ground on advanced wafer fabrication facility in Singapore”, the $24 billion investment will expand NAND capacity for AI and data centers, underscoring global chip SUPPLY priorities and strategic manufacturing shifts. ([edb.gov.sg](https://www.edb.gov.sg/en/about-edb/media-releases-publications/micron-breaks-ground-on-advanced-wafer-fab-in-singapore.html?utm_source=openai)) [EDB](https://www.edb.gov.sg/en/about-edb/media-releases-publications/micron-breaks-ground-on-advanced-wafer-fab-in-singapore.html)
Consumer confidence plunge. According to AP, “Americans’ confidence in the U.S. economy falls sharply in January to lowest level since 2014” as the Conference Board’s index slid to 84.5, deepening recession worries and rattling markets ahead of this week’s Fed meeting. [AP News](https://apnews.com/article/f36b997dc46ac9c3577d05db52166846)
Fed holds odds. According to Yahoo Finance, “Federal Reserve live coverage: Fed set to hold interest rates steady in first policy meeting of 2026” as the Jan 27–28 FOMC convenes and futures imply roughly a 97% chance policymakers will leave rates unchanged, shifting focus to Powell and Fed independence. [Yahoo Finance](https://finance.yahoo.com/news/live/federal-reserve-live-coverage-fed-set-to-hold-interest-rates-steady-in-first-policy-meeting-of-2026-181336631.html)
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