Amazon has asked the Federal Communications Commission for more time to meet a deadline that requires the company to deploy roughly 1,600 internet satellites by July 2026. The company needs to bring more of its satellites online so it can begin offering a paid service to customers.

Amazon's scheduled earnings report next Thursday was preceded by a week of controversy. The company initiated another round of mass layoffs impacting about 16,000 corporate workers, after eliminating 14,000 jobs late last year.

CNBC's Jim Cramer said Friday that the market's subdued finish to the week could be a good thing ahead of a busy earnings slate. AMD, Alphabet and Amazon are all set to report quarterly results.

Market Domination anchor Josh Lipton breaks down the latest market news for January 30, 2026 Gold plunged below $5,000 as metals sold off on Friday. Silver also pulled back 25%.

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Amazon's job cuts announced this week delivered another blow to the tech labor force in the company's headquarters city of Seattle, which was already losing jobs, Bloomberg reported Friday (Jan. 30). The 16,000 layoffs included 1,400 in Seattle and 700 in the suburb of Bellevue, according to the report.

Amazon-backed (AMZN) Anthropic has hit a wall in talks with the Pentagon, with both sides digging in over how the U.S. military should be allowed to use advance

Will Danoff, the portfolio manager who managed the Fidelity Contrafund for the past 35 years, has consistently beaten the stock market.

Amazon stock highlights another busy week of tech earnings, along with AMD and two strong performers in the fiber-optic group.