Today: 3 May 2026
Browse Category

Federal Reserve 30 January 2026

XRP price drops today as Fed-chair shake-up rattles crypto — what traders watch next week

XRP price drops today as Fed-chair shake-up rattles crypto — what traders watch next week

XRP fell about 3.5% to $1.75 Friday amid a broader risk-off move after President Trump named Kevin Warsh to lead the Federal Reserve. U.S. senators advanced a crypto oversight bill, but passage in the full Senate remains uncertain. About $61.7 million in XRP futures were liquidated in 24 hours. Bitcoin dropped to a two-month low near $82,300.
30 January 2026
···
Gold price tumbles nearly 9% after Warsh Fed pick; silver hit by record plunge

Gold price tumbles nearly 9% after Warsh Fed pick; silver hit by record plunge

Spot gold fell 8.9% to $4,915 an ounce in New York, heading for its steepest daily drop since 1983 after President Trump named Kevin Warsh as his pick for Federal Reserve chair. Silver plunged nearly 22% as the dollar strengthened and traders scaled back bets on U.S. rate cuts. Gold had reached a record above $5,500 just a day earlier. Markets now look to the Fed handover and upcoming U.S. economic data.
30 January 2026
···
JPMorgan stock slips as Trump taps Warsh for Fed — what traders watch next week

JPMorgan stock slips as Trump taps Warsh for Fed — what traders watch next week

JPMorgan shares fell 0.5% to $305 in late morning trading Friday after President Trump nominated Kevin Warsh to lead the Federal Reserve, raising expectations of a tougher rate stance. Producer prices rose more than forecast in December. The 10-year Treasury yield hovered near 4.25%. Investors await the U.S. jobs report on Feb. 6 and JPMorgan’s company update on Feb. 23.
30 January 2026
·····
Silver price today: XAG/USD tumbles near $100 as Warsh Fed pick jolts metals

Silver price today: XAG/USD tumbles near $100 as Warsh Fed pick jolts metals

Spot silver plunged 13.9% to $99.94 an ounce Friday after hitting a record $121.64 Thursday, as Trump named Kevin Warsh Fed chair pick, boosting the dollar and damping rate-cut hopes. Silver ETFs and miners tumbled, with SLV down 15%. CME raised margin requirements on silver futures. Fresh U.S. producer price data showed a 0.5% rise in December, above forecasts.
30 January 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

Spot gold plunged as low as $4,957.54 an ounce Friday after President Trump named Kevin Warsh as his pick for Federal Reserve chair, boosting the dollar and triggering profit-taking. The drop ended gold’s record rally, with prices down 5.7% by midday. Canada’s S&P/TSX Composite fell 1.53% on weaker gold and oil. Traders are watching next week’s U.S. jobs and inflation data for further direction.
30 January 2026
··
Dow Jones today: Warsh Fed chair pick knocks Wall Street as investors eye jobs report, Big Tech earnings

Dow Jones today: Warsh Fed chair pick knocks Wall Street as investors eye jobs report, Big Tech earnings

The Dow fell 115.38 points, or 0.24%, to 48,956.18 Friday morning after President Trump nominated Kevin Warsh to replace Jerome Powell as Fed chair. Investors weighed concerns over Fed independence and future interest rates. Warsh’s confirmation faces a Senate hurdle as Senator Thom Tillis vows to block nominees until a DOJ probe into Powell concludes. Markets now await major earnings and the Feb. 6 jobs report.
30 January 2026
··
XRP price slides nearly 7% as Fed chair talk jolts crypto — what traders watch next

XRP price slides nearly 7% as Fed chair talk jolts crypto — what traders watch next

XRP fell 6.7% to about $1.75 Friday, tracking a broad crypto selloff as bitcoin and ether hit two-month lows. Investors weighed uncertainty over U.S. crypto regulation and the pending Fed chair announcement, with Jerome Powell expected to be replaced after a White House meeting Monday. Senate committee advanced a crypto oversight bill, but its fate in the full Senate remains unclear.
30 January 2026
···
Bitcoin price tumbles near $82,000 as Fed chair suspense and ETF exits bite

Bitcoin price tumbles near $82,000 as Fed chair suspense and ETF exits bite

Bitcoin fell 5.9% to $82,667 and ether dropped 6.9% to $2,733 as traders cut risk ahead of month-end. U.S. spot bitcoin ETFs saw $817.8 million in outflows on Jan. 29, led by BlackRock’s IBIT and Fidelity’s FBTC. Markets focused on President Trump’s pending Fed chair pick, with Kevin Warsh favored. Wall Street futures slipped and Microsoft lost about 10% after investor doubts over AI spending.
30 January 2026
····
Stock market today: Wall Street futures slide on Trump Fed chair pick talk, Nasdaq hit by Microsoft fallout

Stock market today: Wall Street futures slide on Trump Fed chair pick talk, Nasdaq hit by Microsoft fallout

U.S. stock index futures fell early Friday, with S&P 500 E-minis down 1.04% and Nasdaq 100 E-minis off 1.31%, after reports President Trump will nominate Kevin Warsh as Fed chair. Microsoft shares dropped 6.5% in after-hours trading following record AI spending and slower revenue growth. Apple projected 13–16% revenue growth but warned of supply and memory cost pressures. The December Producer Price Index is due at 8:30 a.m. ET.
30 January 2026
······
Gold price dives below $5,000, silver breaks $100 as Trump’s Fed chair pick nears

Gold price dives below $5,000, silver breaks $100 as Trump’s Fed chair pick nears

Gold dropped 7.5% to $4,992.05 an ounce and silver fell 14.1% to $99.77 as the dollar strengthened ahead of President Trump’s expected Fed chair announcement. The selloff followed record highs for both metals on Thursday. Mining shares fell in London, while U.S. stock futures and Asian shares also slipped. Trump is expected to name his nominee Friday morning after meeting Kevin Warsh.
30 January 2026
··
Silver price plunges 14% as Trump Fed chair decision looms, dollar rebounds

Silver price plunges 14% as Trump Fed chair decision looms, dollar rebounds

Spot silver plunged 14% to $99.77 an ounce Friday, erasing Thursday’s record high, as the dollar rose and traders awaited President Trump’s Fed chair announcement. The iShares Silver Trust ETF dropped 14% premarket. Trump is expected to name his nominee after meeting with former Fed governor Kevin Warsh, seen as the frontrunner. The dollar index climbed 0.37% to 96.48.
30 January 2026
···
Anglo American share price slides 3% as copper cools from record highs; Fed chair pick looms

Anglo American share price slides 3% as copper cools from record highs; Fed chair pick looms

Anglo American shares fell 3.3% to 3,384 pence in early London trade Friday after copper prices dropped 2.8% on the LME to $13,278.50 a ton. The declines followed Thursday’s record copper rally and profit-taking by investors. EU regulators are due to rule on Anglo’s proposed merger with Teck Resources by Feb. 10. Anglo’s production report is scheduled for Feb. 5.
30 January 2026
···
Gold price slides as Trump nears Fed chair pick, sending silver and Asia stocks lower

Gold price slides as Trump nears Fed chair pick, sending silver and Asia stocks lower

Gold fell as much as 5% in Asia Friday after Donald Trump said he will announce his pick for Federal Reserve chair on Friday, with Kevin Warsh seen as the frontrunner. Spot gold dropped 3% to $5,232.57 an ounce by 0520 GMT, after hitting a record $5,594.82 Thursday. Silver slid 3.6% to $111.99. U.S. Treasury yields rose and stocks slipped as traders reacted to the news.
30 January 2026
···
1 … 8 9 10 11 12 … 62

Stock Market Today

  • Axos Financial Shares Plunge 9.7% on Earnings and Loan Quality Concerns
    May 3, 2026, 3:35 PM EDT. Axos Financial (NYSE:AX) shares dropped 9.7% after the company reported a rare miss in net interest income, a crucial bank profitability metric, due to early repayment of higher-cost deposits ahead of its Jenius acquisition. The bank also charged off a large legacy loan and reclassified a commercial and industrial loan as nonaccrual, indicating doubts about payment recovery. These issues weighed on investor sentiment, although Axos shares are generally stable, with only a few large moves in the past year. Despite recent headwinds, Axos shares trade 14.5% below their 52-week high and have nearly doubled in value over five years, reflecting ongoing investor interest in the digital bank amid easing geopolitical and inflation concerns.

Latest article

MaxLinear Stock Has Tripled. Its AI Data-Center Bet Now Faces a Bigger Test

MaxLinear Stock Has Tripled. Its AI Data-Center Bet Now Faces a Bigger Test

3 May 2026
MaxLinear shares jumped 9.1% to $77.18 Friday after first-quarter infrastructure revenue rose 136% year over year, overtaking broadband as its largest segment. The company reported $137.2 million in revenue and a GAAP net loss of $45.1 million. Analysts raised price targets, but the stock now trades above some of those levels. MaxLinear guided second-quarter revenue to $160 million to $170 million.
TSMC’s Longtan Comeback: Taiwan Semiconductor’s Next AI Chip Bet Faces a Land Test

TSMC’s Longtan Comeback: Taiwan Semiconductor’s Next AI Chip Bet Faces a Land Test

3 May 2026
A suspended Longtan Science Park expansion in Taiwan has been revived, potentially allowing TSMC to build next-generation chip plants, Economic Daily News reported. The proposed 104-hectare site could attract up to NT$600 billion in investment but faces land, approval, and environmental challenges. TSMC’s first-quarter net income rose 58.3% to NT$572.48 billion amid strong AI chip demand. A public hearing was held for the project in April.
Go toTop