Apple Post Strong iPhone Sales, Trump Picks Warsh as Next Fed Chair
Market update for Friday January 30, 2026
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In today’s episode:
Gold and silver pull back
Trump picks Kevin Warsh to be next Chairman of the Federal Reserve
Apple posts a blowout earnings report as iPhone sales surge, but investors focus on rising costs and margin pressure
OpenAI planning for Q4 IPO
Sandisk surges on booming AI-driven memory demand while KLA slides on supply constraints
Elon considers potential SpaceX merger with xAI ahead of IPO
The skinny
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