The market loves META's Q4 report after the company commits to expense control, better profitability, and buybacks in 2023; Tech stocks moon; The Fed raises 25bps and tries to talk tough but the market calls the bluff; Apple, Amazon, and Google earnings reports are on deck...will the party continue?

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AI related stocks are mooning; Spotify shines while Snapchat dumps; All eyes on the Fed meeting today

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Stocks are making big moves again today especially in the NASDAQ; American Express reports strong earnings while Intel reports a stinker; Next week will be very busy with corporate earnings, a Fed meeting, an ECB meeting, and unemployment data for January

Microsoft earnings were lackluster as weakness in personal computing and devices offset strength in cloud; Microsoft also forecasts a slowdown in cloud growth next quarter; With cloud slowing down the market starts to worry about other enterprise software stocks; CapitalOne earnings come in light as the company provisions for more normalized credit losses and a 5% unemployment rate in 2023; Google is hit with a US antitrust lawsuit and looks vulnerable to several issues ahead of its Q4 earnings report next week

Markets started the morning in wild fashion with halts across stocks on the NYSE due to glitches however things calmed down significantly; Microsoft will kick off Q4 earnings reporting for big tech after the market closes today

Stocks are rallying again here on Monday across all sectors; More layoffs in tech are announced with Spotify's 6% workforce reduction; Microsoft finalizes their investment into OpenAI; Activist investor Elliott takes a stake in Salesforce

Google and Wayfair announce workforce reductions, sending their stocks higher; Silicon Valley Bank and Ally Bank pop after earnings are less bad than feared; We look forward to a heavy earnings calendar next week

Discover Financial assumes unemployment will rise and makes higher credit provisions, dinging the stock this morning; a budget could loom for the US govt which is weighing on alternative energy stocks today; stocks pull back on a slow news day

Markets reverse course after weak economic data and an inverted yield curve stoke deeper recession fears; Microsoft announces layoffs; I also talk about how a booming trend in new weight loss drugs could reshape healthcare & society

It's a relatively quiet day in stocks, bonds, and commodities; GS and MS report banking weakness but balance sheets still look relatively healthy; Silvergate Capital (SI) however looks like it could be on the brink of disaster if deposit outflows continue