4 months ago • 1 min

Weekly Wrap For The Week Ending January 27th, 2023

Weekly Wrap For The Week Ending January 27th, 2023

4 months ago • 1 min

Weekly Wrap For The Week Ending January 27th, 2023

Key takeaways from this week:

  • Microsoft reported better-than-expected quarterly earnings as its cloud segment showed strength but a poor outlook caused its shares to pare back any gains
  • US economic growth slowed less than expected last quarter but economists are still worried a recession is on its way this year
  • Data from the Chinese Lunar New Year Holiday suggests the previously locked-down country is slowly getting back to business

And if you're gonna read one insight this week, make it this one looking at whether investing in Nvidia could be the best way to play AI right now.

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