Amazon(US:AMZN) Feng Huang Wang·2026-01-09 22:50Market Overview - The US stock market indices closed higher, with the S&P 500 reaching a historical high, driven by gains in Intel and other chip manufacturers [1] - The market's rise was primarily fueled by a weaker-than-expected US non-farm payroll report, which did not significantly alter expectations for Federal Reserve rate cuts this year [1] - The S&P 500 index rose by 1.57% for the week, while the Dow Jones and Nasdaq increased by 2.32% and 1.88%, respectively [3] Employment and Economic Indicators - The US labor market showed signs of resilience, with the unemployment rate dropping to 4.4%, despite a slowdown in non-farm employment growth [1] - Consumer confidence is improving, particularly among low-income groups, which may influence the Federal Reserve's policy decisions [2] - Inflation expectations for the next 12 months have reportedly decreased to the lowest level in a year, potentially providing more room for the Fed to cut rates [2] Sector Performance - The materials sector led the S&P 500 with a 1.8% increase, followed by utilities with a 1.24% rise [3] - Large-cap tech stocks generally saw gains, with notable increases in Tesla (2.11%), Meta (1.08%), and Google A (0.96%) [4] Company News - Amazon Pharmacy announced it will sell Novo Nordisk's oral weight loss drug Wegovy, which is FDA-approved for weight management [7] - OpenAI and SoftBank are investing $1 billion in SB Energy to support the "Stargate" initiative, aimed at expanding AI infrastructure in the US [8] - Amazon plans to open a large supermarket in the Chicago area, marking its entry into the physical retail space [9] Stock Movements - Lam Research shares surged by 8.7% after a target price increase from Mizuho Securities [5] - Intel's stock rose by 10.8%, marking its largest single-day gain since September [5] - Mortgage-related companies saw significant stock price increases following Trump's announcement regarding mortgage-backed securities [6]