ASML Signals More AI Spending, Amazon Cuts 16,000 Jobs
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ASML Signals More AI Spending, Amazon Cuts 16,000 Jobs
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About this listen
Market update for Wednesday January 28, 2026
Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.
In today’s episode:
- US Dollar continues to slide
- ASML delivers record orders, signaling that AI infrastructure spending is still accelerating
- China approves sales of Nvidia’s H200 chips to major tech firms
- Amazon announces 16,000 corporate layoffs
- Starbucks shares jump after traffic grows for the first time in two years
- Corning slips on guidance despite landing a massive $6B AI fiber deal with Meta
- Fun fact: Zoom’s early investment in Anthropic could now be worth up to $4 billion
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