Friday's Final Takeaways: Trump's Fed Chair Pick & Memory Chip Surge
Schwab Network
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January 30, 2026 at 10:46 PM UTC
Neutral
90% Confidence
Watch on YouTube
Key Points
- Apple delivered a record-breaking first quarter with strong iPhone and services revenue, and double-digit revenue expansion guidance.
- President Trump nominated Kevin Warsh as Fed Chair, a move seen as hawkish, causing the dollar to strengthen and gold prices to slide.
- The memory chip sector (SanDisk, Western Digital, Samsung, SK Hynix) is experiencing tight supplies, higher prices, and massive demand from AI and data centers, with long-term contracts through 2027.
- Upcoming week features earnings from Alphabet (GOOGL), Amazon (AMZN), Disney (DIS), and Palantir (PLTR), alongside crucial labor data including global manufacturing PMIs, ISM, ADP jobs, and jobless claims.
AI Summary
The video discusses Friday's market takeaways, focusing on Apple's record-breaking quarter, President Trump's nomination of Kevin Warsh as Fed Chair, and the strong performance of the memory chip sector. It also previews key tech earnings and labor data for the upcoming week, highlighting mixed signals regarding future interest rate cuts.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Neutral | 90% |
| Consensus | Neutral | 90% |