30th January 2026 – Tech turbulence and gold pause: Microsoft slumps as Apple, Meta shine

30th January 2026 – Tech turbulence and gold pause: Microsoft slumps as Apple, Meta shineIn this morning's edition of the MPC Markets Morning Call, Mark discusses the tumultuous events of January 2026, including significant market movements, tech sector performance, and upcoming economic indicators. The conversation highlights the impact of geopolitical tensions on commodities and the tech sector's response to earnings reports, particularly focusing on Microsoft and Meta. Mark also speculates on IPO trends and the overall market outlook as the month concludes.takeaways• January 2026 has been a tumultuous month for markets.• Microsoft's disappointing earnings led to a 10% drop.• Meta's advertising performance showed a 10% increase.• Concerns about OpenAI's future are affecting Microsoft.• IPO valuations are under scrutiny, especially for tech companies.• Gold and copper prices are reacting to geopolitical tensions.• Upcoming earnings reports could influence market direction.• The market is currently flat with mixed performances across sectors.• Investors are cautious ahead of potential government shutdowns.• The tech sector remains a focal point for investors.