5 things to know before the stock market opens on Friday January 27

Here are the most important information investors need to start their trading day:

Stocks are heading for a winning week after Thursday’s strong session. The gross domestic product print for the fourth quarter is slightly better than expected. Although the report showed a quarter-on-quarter slowdown, it raised hopes that the Federal Reserve’s fight against inflation could lead to a soft landing for the economy, although fears recession persist. Stocks are also green for the month, although it has been a choppy earnings season so far. Next week brings a slate of monster earnings: GM, McDonald’s, Meta, Apple, Alphabet, Amazon, Ford and Starbucks any report. The latest Fed rate decision also comes next week.

Intel issued a stark quarterly earnings report after the bell on Thursday. There was bad news everywhere you looked: profits, margins and revenues all plummeted. In fact, it was the company’s fourth straight quarter of declining sales. The tech giant is grappling with a drop in demand for personal computers that has led to a costly glut of chip inventory. Intel gave no guidance for the full year, given the uncertainty surrounding inflation and a possible recession. However, it said it expects to post a loss for the current quarter, compared to EPS of $1.13 in the prior year period. Intel’s stock fell about 9% in after-hours trading.

Even the holidays couldn’t help this toy giant. Hasbro doesn’t release its fourth-quarter results until Feb. 16, but the toymaker is already warning investors that they’re going to be bad. The company, whose brands include My Little Pony and Dungeons and Dragons, also said it would cut 1,000 jobs, or about 15% of its workforce. Hasbro said it expects to report fourth-quarter revenue of $1.68 billion, down 17% from the year-ago period and well below Wall estimates. $1.92 billion Street. Shares of the company fell before the bell on Friday.

Bed bath and beyond headed for a settling of scores. The struggling home goods retailer said on Thursday it had defaulted on a line of credit with JPMorgan and warned it was running out of cash to repay debts. Once again, Bed Bath has warned of a potential bankruptcy filing, which looks more likely by the day. Its shares fell on Thursday and have fallen about 80% in the past 12 months, despite the best efforts of some diehard equity traders. His market value is only $295 million. Bed Bath’s board has also appointed Carol Flaton, a well-known restructuring expert, as an independent director, effective immediately. She will be paid $30,000 a month, «payable in cash in advance,» according to a securities filing.

Russia stepped up its airstrikes on Ukraine after it was announced that Germany and the United States would send tanks to help defend Ukraine. Ukrainian President Volodymyr Zelenskyy has also called for more sanctions against Russia. «This Russian aggression can and should only be stopped with adequate weapons. The terrorist state will understand nothing else. Weapons on the battlefield. Weapons that protect our skies,» he said. said Thursday. «New sanctions against Russia, meaning political and economic weapons. And legal weapons – we must work even harder to establish a tribunal for the crime of Russian aggression against Ukraine.»

– CNBC’s Carmen Reinicke, Kif Lewing, Jordan Novet, Sarah Whitten, Gabrielle Fonrouge, Lillian Rizzo and Natasha Turak contributed to this report.

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