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Traders work on the floor of the New York Stock Exchange (NYSE) on January 28, 2026 in New York City. Spencer Pratt | Getty Imagesof S&P500 I fell down on Thursday and got stuck. microsofttraders reacted to the mega-cap technology company’s latest earnings results and the Federal Reserve’s interest rate decision. The broader market index fell 0.13% to end at 6,969.01. Nasdaq Composite It fell 0.72% to end at 23,685.12. of Dow Jones Industrial Average It advanced by 0.11% (55.96 points) and settled at 49,071.56. In cryptocurrencies, Bitcoin The stock fell more than 5% to its lowest level in nearly…

OpenAI, already valued at $500 billion, has announced it is seeking an additional $100 billion in investment. Such a funding round could boost the company’s valuation to a whopping $830 billion. The Wall Street Journal is now reporting that Amazon could contribute at least $50 billion of its record investment. Not much is known about this potential deal, but the publication notes that Amazon CEO Andy Jassy is currently leading negotiations with OpenAI CEO Sam Altman. TechCrunch has reached out to Amazon and OpenAI for comment. In search of additional funding, OpenAI is also reportedly in talks with sovereign wealth…

Apple CEO Tim Cook holds up the new iPhone 17 Pro during a special Apple event held at Apple’s headquarters in Cupertino, California, on September 9, 2025.Justin Sullivan | Getty Imagesapple reported strong first-quarter profits on Thursday and predicted growth for the current quarter of up to 16%, in line with the just-ended period. Apple said sales could increase further if the company can secure enough chips to meet customer demand for iPhones.”We expect our companywide revenue for the March quarter to increase 13% to 16% year-over-year, which fully reflects our best expectations for limited iPhone supply during the quarter,”…

What did Luigi Mangione say in his book? When Mangione was taken into custody, he wrote three pages of writing totaling less than 300 words, NBC News reported, citing the New York Police Department. Three senior law enforcement officials told the outlet that the posts said in part, “Frankly, we were expecting the parasites to come.”Officials continued to say in the document that Mangione acted alone. But officials told NBC News they have not ruled out other actors at this time.Mangione’s book read, “Dear Fed, I’ll keep this brief because I respect the Fed’s commitment to our country,” the official…

CNBC’s Jim Cramer said that for investors struggling to make sense of volatile markets, focusing on scarcity as a key determinant of stock performance provides clarity.”When in doubt, ask whether the company in question is selling a shortage or an excess,” Kramer said Wednesday night on “Mad Money.” “If it’s the former, you can buy it, but if it’s the latter, you should stop avoiding it.”Kramer called the framework “the best cheat sheet I can offer at this point in earnings season,” adding, “Scarcity is the true north, oversupply is the kiss of death.” But that may not be obvious…

Three of Elon Musk’s companies are considering a possible merger: SpaceX, xAI, and Tesla. Negotiations appear to be in the early stages, but at least one company could end up being acquired by SpaceX, according to reports from Bloomberg and Reuters. Two scenarios are considered. According to Bloomberg, citing unnamed insiders, SpaceX and Tesla may merge. In another case, SpaceX and aXI (which already owns Musk’s social media platform X) would merge. According to a report from Reuters, a merger between SpaceX and xAI could occur ahead of SpaceX’s IPO, which is scheduled for this year. This will bring together…

A panoramic view of an Apple retail store on East Nanjing Road in Shanghai, China, on January 29, 2026.Ying Tan | Null Photo | Getty Images One of the characteristics of apple’s iPhone 17 Pro has 8x zoom to help you focus on what’s important. For consumers, it’s a memorable moment. In Apple’s case, it’s the balance sheet.On Thursday, the Cupertino-based company reported a 16% year-over-year increase in fiscal first-quarter sales, beating market expectations due to “tremendous” demand for iPhones. He also predicted that sales for the current quarter would exceed Wall Street expectations. But investors’ reaction was lukewarm, with…

Vast swathes of southeastern Australia are sweltering in a heatwave, with temperatures soaring to nearly 50 degrees Celsius (122 degrees Fahrenheit) and some residents forced to protect their properties as wildfires rage in parts of rural Victoria state. Carly Smith hopped on her quad bike and helped herd sheep out of the fast-moving blaze on her farm in the small rural town of Gellibrand, about 200 kilometers (125 miles) southwest of Melbourne. “We actually had to drive through the fire,” Smith said. “Grass fire, patchy, hot and burning.” As her father and brother battled the flames with a water tanker…

Christy Scott is adjusting to a new normal. A month after filing for divorce from Desmond Scott after 12 years of marriage, the TikToker has broken her silence about the divorce and shared how she’s dealing with her “unexpected new chapter.” In a video shared to Instagram on January 29, Christy went grocery shopping for the “first time” with her estranged husband’s sons Vance, 7, and Westin, 6. This video blog brought new emotional weight after their public breakup. “I’m literally shaking,” she said as she walked down the aisle. “I’m really nervous making this video, but my nervous system…

Traffic moves through a building in downtown Jakarta, Indonesia.Bloomberg | Bloomberg | Getty ImagesSpot gold prices rose to a new record on Thursday after the US Federal Reserve left its benchmark interest rate unchanged at its target range of 3.5% to 3.75% overnight.Bullion rose more than 3%, topping the $5,500 per ounce level for the first time.Asia-Pacific markets were mostly up on Thursday. Australia’s S&P/ASX 200 fell 0.07% to close at 8,927.5.Japanese Nikkei Stock Average Reversing the previous day’s losses, it closed just above the flatline at 53,358.71, while Topix rose 0.28% to 3,545.3. South Korea’s Kospi rose 0.98% to…