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Source document· January 28, 2026

Stock market today: S&P 500 slips from record as Fed stands pat, Nasdaq rises before Big Tech earnings flurry

View original at finance.yahoo.com
Stock market today: S&P 500 slips from record as Fed stands pat, Nasdaq rises before Big Tech earnings flurry US stocks were little changed on Wednesday after the Federal Reserve held interest rates unchanged in its first policy decision of the year…
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  • ASML customers have started to really believe in sustainability of AI demand

    80% confidence
  • Fed credibility on inflation expectations is right where it needs to be despite gold rally

    80% confidence
  • If Fed loses independence, it would be hard to restore credibility

    80% confidence
  • US always has a strong dollar policy

    80% confidence
  • Fed has not lost independence and will not lose it

    80% confidence
  • Amazon has not created distinctive customer experience with right economic model for physical grocery stores

    80% confidence
  • Agentic AI means the stage is set for sustained increase in data generated and stored for inferencing

    80% confidence
  • Amazon should operate like the world's largest startup

    80% confidence
  • Amazon cuts are intended to reduce layers, increase ownership, and reduce bureaucracy

    80% confidence
  • Nothing to share on DOJ probe today

    80% confidence
  • Trump not concerned about recent slide in US dollar

    80% confidence
  • Every advanced economy and democracy has independent central banking

    80% confidence
  • The Lisa Cook case is 'perhaps the most important legal case in the Fed's 113-year history'

    80% confidence
  • Amazon layoffs are not the beginning of recurring reductions every few months

    80% confidence
  • Powell attending Supreme Court hearing was a mistake because it politicizes Fed

    80% confidence
  • US is absolutely not intervening to support the yen

    80% confidence
  • US is not losing credibility about inflation expectations despite gold rally

    80% confidence
  • Trump could announce Powell's successor any day now

    80% confidence
What we know · the intelligence behind this page
Live from the substrate
What we're seeing
AI Capital Surge Meets Investor Caution: Record Funding Rounds and Government Contracts Amid Valuation Skepticism
A single-week cluster of large AI/fintech funding rounds (Socure, Stability AI, Emerald AI, Generalist AI, Instinct, Gatik, Regent Craft) shows venture capital still pouring into AI infrastructure, identity, and autonomy plays, while Palantir's Army TITAN contract win coincided with a 6% stock drop — signaling that even flagship AI-defense revenue isn't immune to market reassessment of AI valuations. Efficiency-focused innovations like Multiverse Computing's model compression suggest the sector is also pivoting toward cost/inference economics as capital intensity draws scrutiny.
Our read on the data ›
Signals we're tracking
EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
Patterns we're watching ›
Where sources disagree
Morgan Stanley & Co. LLC
The same metric (eps) for the same entity (Morgan Stanley & Co. LLC) reported for the identical fiscal period (Q1 2026) and observation date (2026-03-31) has two conflicting values: 3.43 USD_per_share vs 3.08 USD. This is not a temporal change — both observations claim to measure the same point in time. The ~10% discrepancy (0.35 USD difference) is material for a financial metric.
We flag conflicts openly ›
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