US stocks fell Thursday but pulled back from a steeper tech-driven sell-off, as investors came away from megacap tech earnings fretting about AI spending.
The tech-heavy Nasdaq Composite (^IXIC) led losses, shedding roughly 0.7% as a plunge in Microsoft (MSFT) shares dragged on the index.
President Donald Trump said he plans to announce his choice for chairman of the Federal Reserve on Friday (January 30, 2026) morning, a long-awaited decision that could set up a showdown on whether the U.S. central bank preserves its independence from the White House and electoral politics.
For the past year,
Tesla (TSLA) released its Q4 2025 earnings yesterday, Jan. 28, after the close of markets. The earnings call came a few days after the company changed its mission from accelerating the “world’s transition to sustainable energy” to building “a world of amazing abundance.” While Tesla and its CEO, Elon Musk, have been trying to position the company as an artificial intelligence (AI) play,
» Read more about: As Tesla Transforms Into an AI Company, How Should You Play TSLA Stock Now? »
As Robotaxi ramps up, Tesla’s active self-driving software subscriptions are soaring.
Initially, when electric-car maker Tesla (TSLA 3.36%) released its fourth-quarter results, the stock popped. But shortly after the market opened on Thursday, the stock’s return for the day turned negative. This has added to the stock’s weakness in recent weeks.
For investors struggling to make sense of a volatile market, CNBC’s Jim Cramer said clarity comes from focusing on scarcity as a key determinant in stock performance.
“When in doubt, ask if there’s a shortage or glut of what the company in question sells,”
» Read more about: Here is Jim Cramer's cheat sheet to navigating this stock market »
President Trump went to Iowa Tuesday, looking to change the subject to his economic agenda as his administration faces growing backlash over his immigration crackdown in Minnesota.
STEVE INSKEEP, HOST:
President Trump spoke last night in Des Moines.
More than two dozen Senate Democrats are calling on the Justice Department to stop “its intensifying pressure campaign to coerce states into handing over their voter rolls.”
The senators wrote a letter today to Attorney General Pam Bondi,
Boston Dynamics’ Atlas appears to have an edge over Tesla’s Optimus.
Over its history, Tesla (TSLA 3.45%) has changed its strategic objectives multiple times.
With its EV business now stalling after two straight years of declining unit sales, Tesla has now shifted investor focus to autonomy,
» Read more about: Forget Tesla: This EV Stock Is Beating It in Robotics and It's Dirt Cheap. »
Tesla Inc (NASDAQ:TSLA) shares are moving higher in extended trading on Thursday following reports that SpaceX is considering a potential tie-up with the EV maker.
Elon Musk’s SpaceX is mulling a potential merger with Tesla and xAI,
» Read more about: Tesla Stock Rises On Potential Tie-Up With SpaceX »
Somehow,