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Apple Post Strong iPhone Sales, Trump Picks Warsh as Next Fed Chair

The Rundown

About this episode

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

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Apple Post Strong iPhone Sales, Trump Picks Warsh as Next Fed Chair

The Rundown

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