economy
January 28, 2026
Get caught up on portfolio earnings already out before 2 megacaps after the bell
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Federal Reserve holds interest rates steady.
- The Fed noted an improving economy but elevated inflation.
- Jerome Powell stated the Fed will let data guide future decisions.
- Powell's term as Fed chair ends in May, with a successor to be named by President Trump.
- Earnings reports from Danaher, Starbucks, Corning, and GE Vernova showed varied outcomes.
- Meta and Microsoft earnings are highly anticipated for insights into spending and AI progress.
- Tesla, Lam Research, and ServiceNow are also reporting earnings.
- Dover, Honeywell, and Apple will report earnings on Thursday.
- CNBC Investing Club subscribers receive trade alerts before Jim Cramer executes trades.
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