Wall Street Breakfast Fed chair pick—today?
6 snips
Jan 30, 2026 News on a likely Fed chair pick and what it could mean for markets. Grubhub drops fees for big orders to take on DoorDash and Uber Eats. Apple posts a strong quarter with record iPhone sales. Other market movers include a big Microsoft cloud deal, a major lawsuit over leaked tax returns, and battery supply news tied to EVs.
AI Snips
Chapters
Transcript
Episode notes
Potential Hawkish Fed Chair Pick
- The Trump administration is preparing to name a new Fed chair and may pick a relatively hawkish candidate, Kevin Walsh.
- If confirmed, Walsh would replace Jerome Powell when his term ends in May, signaling potential policy continuity or tightening.
Use Grubhub For Large Orders
- Grubhub is removing service and delivery fees on orders over $50 to attract larger orders and compete with DoorDash and Uber Eats.
- Consider using Grubhub for big group orders starting February 2nd to avoid high delivery and service fees.
Apple Beats Estimates With Record iPhone Sales
- Apple reported a record iPhone quarter with revenue up 15.7% and EPS beating estimates.
- iPhone revenue surged 23% and services hit an all-time revenue record, showing broad strength across segments.