Trading week of Jan 22 – Jan 26

Posted on: January 23rd, 2023
By: Tadeo Martinez

News

Monday

Existing home sales fell for the 11th consecutive month in December, hitting the slowest pace since November 2010

Google to lay off 12,000 people — read the memo CEO Sundar Pichai sent to staff

The stock has gone up, might be because of earnings but might be also because of this.

Netflix blows away expectations on subscriber numbers

This definitely brought the stock up.

Microsoft is laying off 10,000 employees

Friday

EARNINGS: Intel Q4 EPS $0.10 Adj. vs. $0.20 Est.; Q4 Revs. $14.04B vs. $14.46B Est. • $INTC

U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom

Facebook and Instagram will reinstate Trump after two-year ban

Chevron announces $75 billion stock buyback, dividend boost

EARNINGS: Tesla Q4 EPS $1.19 Adj. vs. $1.13 Est.; Q4 Revs. $24.32B vs. $24.16B Est. • $TSLA

Upcoming earnings

Monday
BKR

Tuesday
MSFT
JNJ – morning
VZ – morning

Wednesday
TSLA
ABT – morning
T – morning
IBM
BA – morning
NDAQ – morning
FRBA

Thursday
V
MA – morning
INTC
SHW – morning
DOW
XEL
LUV
AAL

Friday
CVX – morning
AXP
CL

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