Stephanie Flanders

According to sources, the company plans to begin terminations as soon as next week.

This comes just a few months after Amazon announced it was cutting as many as 14,000 roles.

The layoffs could affect the company's nearly 350,000 corporate personnel.

One to watch, of course, because meanwhile, Amazon has confirmed its due release earnings.

And the date is going to be Thursday, February the 5th, along with a whole host of other mega cap names that are due in the next week or so.

Equities reporter Ryan Vlaselica joins us now as we brace ourselves for what Romain Boster will call the fire hose.

So are we prepping for good underlying fundamentals this time?

Fundamentals, probably yes.

A lot of growth metrics remain very strong, much stronger than other sectors of the market.

The question is, because growth is going to be slower than it was last year, is there enough juice to keep pushing these mega cap tech stocks higher?

It does seem like so far this year,

Cinnamon has really moved to other parts of the market.

There's been rotations towards cyclical sectors.

There's been favoring within tech of companies like SanDisk and Micron, the memory and storage companies.

So there's been some changes in market leadership and momentum, but I do think people are expecting some pretty strong numbers out of the mega caps.

Of those mega caps and of the different data sets you track, what gets Ryan Vlastelica excited?

What is the kind of key thing that you'll be scanning at your desk next week?

Well, I think a major focus is going to be how much these companies continue to spend on CapEx, especially when it comes to AI.

And furthermore, the kinds of returns they're seeing on this.

If people start giving more pronounced guideposts to the kinds of returns they're seeing, how much they're able to monetize all this AI-related spending, I think