Financial Summary: Friday, January 30, 2026
Financial news summary and key insights from Friday, January 30, 2026. Browse summaries by category below.
World
President Trump endorses a Senate spending deal to prevent a government shutdown, focusing on funding for the Department of Homeland Security.
The US government releases millions of documents revealing financial ties between Jeffrey Epstein and Reinaldo Avila da Silva.
Recent data shows a growing wealth inequality in the US, highlighting a 'K-shaped' economy with a widening gap between economic groups.
Companies
Amazon announces a $50 billion investment in OpenAI, reinforcing its commitment to advancing AI technology.
Apple reports record revenue of $144 billion, driven by strong iPhone sales and growth in the Chinese market.
Tesla plans to increase capital spending to $20 billion by 2026, focusing on robotics and autonomous driving.
Paytm's Q3 net profit surged 971% QoQ to Rs 225 crore, marking a significant financial turnaround.
Nestle India announced a 45% year-on-year jump in Q3 profit to Rs 998 crore, alongside a dividend declaration.
Vodafone Idea shares jumped 13% after announcing a Rs 45,000 crore turnaround plan, despite mixed brokerage views.
Eli Lilly announces a $3.5 billion manufacturing plant in Pennsylvania to produce next-generation obesity treatments.
Ford announces a $600 million pretax charge in Q4 due to adjustments in employee pension plans and postretirement benefits.
American Express is shifting its strategy to attract more high-spending customers amid a K-shaped economic recovery.
India
Foreign investors are restructuring offshore entities to align with Indian tax regulations after a Supreme Court ruling that denied tax benefits to companies without substantial operations.
Investors are closely watching Finance Minister Nirmala Sitharaman's upcoming Union Budget, with a focus on defense and railways amid concerns over foreign investor exits and a declining rupee.
The CEO of NSE urged entrepreneurs to take advantage of India's capital market, emphasizing that the current environment is favorable for investment.
Markets
Gold prices increased amid rising tensions in Iran, while gold and silver ETFs faced a selloff after a recent rally.
Microsoft's stock plummeted, resulting in a $357 billion loss in market capitalization, impacting the software sector.
U.S. stock futures fell following Apple's warning about margin pressures, raising concerns in the tech sector.
The Indian stock market saw a sharp decline, with the Sensex dropping 600 points due to budget concerns and foreign fund outflows.
U.S. Treasury yields rose after higher-than-expected producer price inflation, affecting market sentiment amid Fed leadership changes.
A metals rout led to significant drops in silver, gold, and copper prices, impacting the commodities market.
Wall Street is divided on Kevin Warsh's potential influence on monetary policy as he advocates for lower interest rates.
General
Donald Trump has filed a $10 billion lawsuit against the IRS and Treasury over alleged unauthorized leaks of his tax records.
An 11-year-old girl has found relief from a rare neurological disorder thanks to a breakthrough drug, as shared by her father, actor Luke Rosen.
Luigi Mangione will not face the death penalty in the murder case of UnitedHealthcare CEO Brian Thompson, according to a federal judge's ruling.
Former CNN anchor Don Lemon has been arrested by federal authorities over his activities in Minnesota, with his lawyer defending his actions as constitutionally protected.
The White House announced that tax refunds could be $1,000 higher on average this season, depending on individual circumstances.
The DOJ has revealed that no further Jeffrey Epstein files will be released, clarifying that they did not protect any individuals, including President Trump.
Hollywood faces challenges as major franchise films like 'Wicked: For Good' and 'Avatar: Fire and Ash' underperform at the box office, raising concerns about the industry's reliance on intellectual property.
Tech
Microsoft's shares dropped nearly 10% after a disappointing earnings report, contributing to a broader tech stock selloff.
Meta's shares surged about 10% following a strong earnings report, highlighting the volatility in tech stocks.
Apple's iPhone 17 sales exceeded expectations, but the company is facing memory shortages that could impact AI integration.
Fireblocks CEO warns that North Korea-linked hackers are evolving their tactics, particularly using AI to target LinkedIn profiles.
A former Google engineer was convicted of espionage and theft of AI technology, setting a significant legal precedent in the U.S.
Broadcom's custom chips are gaining attention, but Nvidia's dominance in the chip market remains largely unchallenged.