Wall Street Breakfast Podcast: Fed Chair Pick--Today?

Group 1: Federal Reserve Chair Nomination - The Trump administration is preparing to nominate Kevin Warsh as the new chair of the Federal Reserve, succeeding Jerome Powell whose term ends in May [3][4] - Warsh is considered a relatively hawkish choice for the position, which may influence future monetary policy [4] Group 2: GrubHub's Competitive Strategy - GrubHub is removing service and delivery fees on restaurant orders over $50, aiming to attract customers from competitors like DoorDash and Uber Eats [5][6] - The new policy is set to launch more broadly on February 2, with the goal of reducing "checkout abandonment" for large orders [5] Group 3: Apple Financial Performance - Apple reported a 15.7% increase in revenue for Q1 fiscal 2026, totaling $143.76 billion, surpassing the estimate of $138.52 billion [7] - Earnings per share were $2.84, exceeding the consensus estimate of $2.67, driven by a 23% surge in iPhone revenue [7][8] - CEO Tim Cook highlighted unprecedented demand for iPhones, with all-time records across geographic segments, and a 14% increase in Services revenue [8]