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Wall Street Anticipates Busy Week with Federal Reserve Meeting and Tech Giants' Earnings Reports

SoFi Technologies' Stock Surges Following First-Ever Quarterly Profit Amid Anticipation for January Employment Report

  • Wall Street braces for a busy week with the Federal Reserve's policy meeting and earnings reports from several tech giants, including Alphabet, Amazon, Apple, Meta Platforms, and Microsoft.
  • SoFi Technologies' stock surges by 16% following its first-ever quarterly profit, beating Wall Street's estimates.
  • The Federal Reserve is expected to begin charting a path to winding down balance-sheet tightening, with Jerome Powell's tone being a key factor.
  • Friday's January employment report is expected to show an addition of 165,000 jobs by employers.
  • Boeing's shares plunged earlier this month after a fuselage panel on one of its 737-Max 9 jets sheared off mid-flight.
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