Market update for Thursday January 29, 2026
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In today’s episode:
- The Fed holds rates steady as Powell offers little new guidance
- Gold and silver rip to record highs after the Fed meeting
- Tesla beats earnings but makes a massive pivot toward AI and humanoid robots
- Microsoft sells off despite strong results as AI spending and cloud growth raise concerns
- Meta surges on earnings as its ad business powers aggressive AI investments
- Southwest Airlines jumps on a bullish profit outlook
- Las Vegas Sands slides after weaker-than-expected results in Macao
- Fun Fact: Apple hits its longest weekly losing streak since 1993 ahead of earnings