WSJ What’s News Amazon Is in Talks to Invest Up to $50 Billion in OpenAI’s Latest Funding Round
36 snips
Jan 29, 2026 A big potential deal as Amazon considers a massive investment in OpenAI and what that could mean for industry ties. Shifts in federal immigration enforcement and local pushback in Minneapolis. A look at why ultra-luxury home sales are surging despite a broader housing slump. Brief market moves after tech earnings and corporate job cuts tied to AI.
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ICE Strategy Shifts In Minneapolis
- Tom Homan signaled a shift toward smaller, more targeted ICE operations in Minneapolis.
- He said any drawdown would depend on closer cooperation with local authorities.
Funding Talks Tangle Over Immigration Enforcement
- Democrats resisted passing a $1.3 billion Homeland Security funding package amid concerns over aggressive enforcement.
- Deal talks floated removing Homeland Security funding to pass a short-term measure and negotiate enforcement limits later.
Tech Stocks Slip On Microsoft Miss
- Microsoft disappointing earnings drove a tech-led sell-off, dragging major indexes lower.
- Wall Street's waning enthusiasm for software stocks reflects anxieties about AI's disruptive threat to incumbents.