Today: 5 July 2026

Gold price today: Bullion slips below $5,000 after Trump taps Warsh for Fed chair

Gold price today: Bullion slips below $5,000 after Trump taps Warsh for Fed chair

New York, January 30, 2026, 10:06 AM — Regular session Gold prices plunged on Friday, dipping briefly below $5,000 an ounce after U.S. President Donald Trump announced Kevin Warsh, a former Federal Reserve Governor, as his pick for the next Fed chair. The news boosted the dollar and sparked a wave of profit-taking. By 12:57 GMT, spot gold was down 5.7% at $5,087.99, having touched a low of $4,957.54 earlier. Just the day before, it hit a record $5,594.82.
Sandisk stock jumps as AI storage squeeze drives big forecast and a longer supply deal

Sandisk stock jumps as AI storage squeeze drives big forecast and a longer supply deal

New York, January 30, 2026, 10:06 EST — Regular session Shares of Sandisk jumped roughly 17% to $631.93 on Friday after the flash-storage company raised its quarterly guidance beyond Wall Street’s forecasts. The firm also announced it extended a crucial supply deal with partner Kioxia through 2034. Sandisk projected fiscal third-quarter revenue hitting a midpoint of $4.6 billion, with adjusted earnings per share at $14—far exceeding analysts’ estimates of $2.77 billion in revenue and $4.37 EPS, per LSEG data. CEO David Goeckeler summed it up: “Customers prefer supply over price.”
Microsoft stock rebounds after wipeout, but AI stocks stay jumpy as spending fears bite

Microsoft stock rebounds after wipeout, but AI stocks stay jumpy as spending fears bite

New York, Jan 30, 2026, 10:19 EST — Regular session Microsoft shares held steady on Friday morning, though the broader AI sector showed signs of strain. Investors are grappling with rising data-center costs amid cloud growth that’s failing to accelerate as expected. By 10:03 a.m. ET, Microsoft was up 0.6% at $436.11. Nvidia dipped 0.4%, AMD dropped 4.1%, and the Nasdaq-100 ETF QQQ slipped 0.6%.

Stock Market Today

  • UK Hospitality Names Slip as Tip Reform Tightens, Legal Pressure Builds
    July 5, 2026, 12:20 PM EDT. UK hospitality stocks are under pressure as tip reform heads for enforcement, raising questions around how companies handle service charges with staff. Investors worry about higher costs, legal risks and brand damage. Marston's (LSE:MARS) is seen as exposed, given its £893 million restaurant revenue, high leverage and tight margins, with labor rules getting tougher. Compass Group (LSE:CPG), valued at $55.6 billion, is also on watch. The catering group is often cited for growth, but faces questions on frontline pay with tip policy changes. Regulatory uncertainty is now a risk for valuations and growth hopes as the sector adjusts.
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