Stocks had another volatile week that ended with the announcement of the next Federal Reserve chair, along with a hotter-than-expected inflation reading from December. That sent gold and silver lower, which may have triggered losses in other asset classes.
Big tech earnings started to come in this week. The results haven’t been bad, but many analysts were expecting more, particularly in regard to the monetization of heavy AI spending.
Nevertheless, the overall outlook for stocks remains favorable. Each of the major averages was up more than 1% in January. Earnings season is moving into high gear with several significant earnings reports on deck next week. The MarketBeat analysts will be monitoring the stocks and stories moving the market. Here are some of our most popular stories from this week.