Wall Street will be buzzing in the week ahead, as earnings from Big Tech, the Federal Reserve’s first meeting of the year, and the monthly jobs report for January set up the busiest week of the new year.
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Many growth stocks have steadily risen from their lows, giving investors hope that the worst is over. As of this writing, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is near $100 after falling to the low $80s, Upstart Holdings (NASDAQ: UPST) is threatening $20 after falling to $12, and Wayfair (NYSE: W) has roughly doubled from its low of $28. Could a new lawsuit threaten Alphabet's advertising business?