Youtube·2025-10-28 21:00Layoffs and Job Market - A trend of significant layoffs is emerging, with UPS announcing a layoff of 48,000 employees [1] - Amazon is expected to cut up to 10% of its corporate workforce, confirming 14,000 job cuts, marking the largest layoffs in its history and the biggest in the tech industry since 2020 [2] - Year-to-date job cuts in the US are nearing 1 million, with the tech sector alone accounting for 190,000 job losses [3] Corporate Investments and Collaborations - Nvidia is investing $1 billion in Nokia, aiming to integrate Nokia's data center switch and optical networking technology with Nvidia's AI infrastructure [4] - This investment represents Nvidia's strategic expansion into networking and infrastructure, while providing Nokia an opportunity to reinvent itself in the AI era [4] Economic Indicators and Federal Reserve - The Federal Reserve is expected to announce a 25 basis point rate cut, with a 98% probability [9] - Investors are focused on Jerome Powell's commentary regarding inflation and the labor market, as recent Fed speakers have expressed concerns about rising inflation [10] Earnings Reports - Alphabet is expected to report total revenue of approximately $84.7 billion, driven by gains in search and Google Cloud, with advertising revenue projected to rise by 10% year-over-year [11][12] - Major companies such as Boeing, Caterpillar, Verizon, and CVS are set to report earnings before the bell, with CVS expected to report earnings of $1.36 per share on revenue exceeding $98 billion [13][14] - Microsoft has reached a $4 trillion market cap, with analysts projecting earnings of $3.65 per share on nearly $75 billion in revenue, while Meta is expected to earn $6.67 per share with revenue anticipated to top $49.5 billion [15]