Ford

Markets await Fed Chair Warsh’s signals on interest rates amid inflation concerns. Ford boosted its outlook, surpassing earnings expectations despite supply chain issues. Apple launched a smartphone leasing program, aiming for wider customer access. Nike faces declining sales in China due to shifting consumer preferences. Visa announced significant layoffs in tech and product development, driven by efficiency efforts and AI integration.

A key jobs report is anticipated today, with economists expecting minimal growth. Ford reported a significant earnings miss due to tariffs and production issues but plans for a 2026 rebound, relying on traditional vehicles to offset EV losses. Moderna’s flu vaccine application was refused by the FDA over study design. Meanwhile, unsealed Epstein files continue to cause political fallout, and Estée Lauder is suing Walmart over counterfeit products sold on its marketplace. Prediction markets saw record trading volume during the Super Bowl.