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On Friday, U.S. stocks closed mixed. The Dow Jones Industrial Average climbed 169 points, the S&P 500 rose to 4,090, while the Nasdaq 100 fell 76 points
Alphabet (GOOGL) dropped a further 4.39% after the company's new AI chatbot product "Bard" gave inaccurate results
Dell Technologies (DELL) dropped 3.03% after the personal computer firm announced plans to cut about 6,650 jobs or about 5% of its workforce
On Friday, U.S. stocks came under pressure as a much-stronger-than-expected jobs report stirred up worries that the Federal Reserve would keep hiking interest rates
Alphabet (GOOGL) rose 5.34% as the parent company of Google announced plans to cut about 12,000 jobs or over 6% of its global workforce
Germany's January ZEW economic sentiment index is expected at -16.0, while final readings of December consumer price index is estimated to be up 8.6% on year.
Tesla (TSLA) gained 3.68%. It was reported that the electric-vehicle maker is close to a preliminary deal to set up a factory in Indonesia that could produce up to one million cars per year
NetFlix (NFLX) gained 3.92%. Goldman Sachs raised its price target on the stock to $225 from $220 while keeping a "sell" rating on it
Tesla rebounded 5.12%, General Motors rose 2.57%, Micron Technology traded 7.6% higher, and Meta Platforms rose 2.11%
Apple (AAPL) fell 3.74% as the stock was downgraded to "neutral" from "outperform" at Exane BNP Paribas
In Asian trading hours, AUD/USD edged up to 0.6810 from 0.6805 in the prior session
Apple rose 2.83%, Amazon.com gained 2.88%, Alphabet climbed 2.82%, Meta Platforms advanced 4.01%, and Netflix was up 5.14%
European stocks closed mixed. The DAX 40 fell 0.50%, the CAC 40 declined 0.61%, while the FTSE 100 rose 0.32%
Nutanix declined 7.90% after Hewlett Packard Enterprise said there were no takeover discussions with the cloud company
Tesla (TSLA) slumped 8.88% after the electric-car maker offered a higher discount of $7,500 on Model 3 and Model Y vehicles in the U.S
Nike (NKE) jumped 12.18% and Fedex (FDX) rose 3.43%, as both companies' quarterly earnings exceeded expectations
Tesla (TSLA) slumped 8.05% after brokerages Evercore ISI and Mizuho cut their price targets on the stocks
Meta Platforms (META) fell 4.14%, as the European Commission alerted the social technology company that its Facebook Marketplace is breaching European Union antitrust laws
Netflix (NFLX) slumped 8.63%, as a media report said the video streaming firm is refunding advertisers after missing views targets
Tesla (TSLA) sank a further 2.58% after Goldman Sachs lowered its price target on the stock
