The drop comes amid stalling growth for its cloud computing software as OpenAI investments are questioned.
![On Wall Street the stock is set to finish the day down 12 percent from the market open [File: Fabian Bimmer/Reuters]](/wp-content/uploads/2026/01/2026-01-28T210321Z_611847657_RC2BODAWUABW_RTRMADP_3_MICROSOFT-RESULTS-1769719308.jpg?resize=270%2C180&quality=80)

Andy Hirschfeld is a New York-based journalist covering the economy for Al Jazeera Digital. During his tenure, he has broken exclusives, such as Donal...d Trump failing to pay for his rallies, and authored in-depth explainers on topics ranging from AI in fashion to GPS spoofing in aviation. In addition to his work with Al Jazeera, his reporting has appeared in a range of prominent outlets, including Fast Company, Bloomberg Businessweek, Slate, The Daily Beast, NPR, and others. Previously, he served as the anchor of the business news program The Business Report and worked as a television news producer at networks including CBS News and CNN.
The drop comes amid stalling growth for its cloud computing software as OpenAI investments are questioned.
![On Wall Street the stock is set to finish the day down 12 percent from the market open [File: Fabian Bimmer/Reuters]](/wp-content/uploads/2026/01/2026-01-28T210321Z_611847657_RC2BODAWUABW_RTRMADP_3_MICROSOFT-RESULTS-1769719308.jpg?resize=270%2C180&quality=80)
The central bank will maintain rates at 3.5 to 3.75 percent and warned of ‘elevated’ economic uncertainty.
![The decision comes despite ongoing political pressure as US President Donald Trump has called for more aggressive interest rate cuts [File:Nathan Howard/Reuters]](/wp-content/uploads/2026/01/2026-01-13T144147Z_2075403647_RC2C0JA6N16M_RTRMADP_3_USA-TRUMP-FED-POWELL-1769627465.jpg?resize=270%2C180&quality=80)
Wednesday’s cuts are the second mass layoffs in three months at the e-commerce giant.
![The cuts come as the company also focuses on broader restructuring efforts including closing its Amazon Fresh and Go brick and mortar grocery stores in addition to headcount reductions [File: Damien Eagers/Reuters]](/wp-content/uploads/2026/01/2026-01-28T011955Z_247403167_RC20LHAJEWMY_RTRMADP_3_AMAZON-COM-EMAIL-1769618718.jpg?resize=270%2C180&quality=80)
The network is set lean into podcasters bringing on more controversial conservative leaning voices.
![The changes to CBS comes as parent company Paramount Skydance continues with a series of hostile takeover bids to buy Warner Bros. Discovery, the parent company of CNN [File: Mike Blake/Reuters]](/wp-content/uploads/2026/01/2026-01-27T132028Z_183358991_RC2ZZT9VDGMP_RTRMADP_3_MEDIA-CBS-1769538848.jpg?resize=270%2C180&quality=80)
Workers in ‘risky’ industries and many religious and ethnic groups have been denied access to financial services.

More than 700 small businesses, faith organisations, educators walked off the job to protest ICE raids
![The protests call for ICE to leave the city and for officers who violated the law to be held legally accountable [Tim Evans/Reuters]](/wp-content/uploads/2026/01/2026-01-23T180330Z_1939608371_RC257JAR7XNI_RTRMADP_3_USA-TRUMP-MINNESOTA-copy-1769191797.jpg?resize=270%2C180&quality=80)
JPMorgan CEO Dimon said that Trump’s push to cap rates at 10 percent would result in consumers losing access to credit.
![Dimon said Trump’s proposed credit card interest rate caps would remove credit from 80 percent of Americans [Denis Balibouse/Reuters]](/wp-content/uploads/2026/01/2026-01-21T131612Z_76809118_RC2O5JAJIBJG_RTRMADP_3_DAVOS-MEETING-JPMORGAN-1769022298.jpg?resize=270%2C180&quality=80)
The bill gives Congress more licence to block AI exports to China and other US political adversaries.
![The bill comes after Trump allowed shipments of Nvidia made chips to China [File: Dado Ruvic/Reuters]](/wp-content/uploads/2026/01/2026-01-21T130423Z_1703667428_RC2KEGA8U2ZJ_RTRMADP_3_USA-CHINA-CHIPS-1769023675.jpg?resize=270%2C180&quality=80)
In address to media on Tuesday, US president made many false claims, including that there was ‘no inflation’ in the US.

Melissa McKay of the Digital Childhood Institute filed a complaint with the Federal Trade Commission.
![Once a child turns 13, parents no longer have supervisory options over content on YouTube or payment methods on Google Pay [Kylie Cooper/Reuters]](/wp-content/uploads/2026/01/2026-01-13T091047Z_1928902270_RC2UZIAD1UMQ_RTRMADP_3_GOOGLE-VIETNAM-1768424284.jpg?resize=270%2C180&quality=80)