Apple Reports Results… And Crude Climbs Amid Middle East Tensions 1/29/26

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 29 January 2026

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Big tech earnings roll on with Apple reporting results. The numbers from their latest quarter, and what Fast Money friend Gene Munster thinks of the recent rout in the software space. Plus Crude prices surging as Mideast tensions ramp up. How the U.S. may respond, and what one oil analyst sees in store for the energy sector. Fast Money Disclaimer

Transcript

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0:00.0	Live for the NASAC market site in the heart of New York City's Times Square, this is fast money.
0:06.4	Here's what's on top tonight.
0:07.8	Golden Delicious.
0:08.8	Apple notching a big beat on the top and bottom lines for its latest quarter and citing staggering iPhone demand, but chairs well off their out there is highs.
0:16.7	What's behind this move?
0:17.9	Plus the software slump in the regular session.
0:19.9	Microsoft losing nearly $360 billion in market cap.
0:23.9	Oracle hitting eight-month lows.
0:25.5	The IGV software ETF entering bare market territory.
0:28.9	What drove the drop, and is there any relief in sight?
0:31.7	Plus the R in Karen's carps sinks after earnings.
0:35.3	You remember that one, United Rentals. Royal Caribbean Shares
0:39.0	set sale in crude oil, top 66 bucks a barrel for the first time since September. How much
0:44.1	room is left to run for this trade? And what will it mean for the stocks? I'm Melissa Lee.
0:48.3	Come to you live from Studio B at the Naszac on the desk tonight. Tim Seymour, Karen Feinerman,
0:52.4	Dan Nathan, and Lori Calvesant, ahead of U.S. Equity Strategy at RBC.
0:56.9	And we start off with those big Apple earnings.
0:58.8	Shares are higher by just about a percent in the after hours.
1:01.0	The iPhone maker handily beating revenue and earnings estimates seeing double-digit growth in iPhone sales, a sharp reversal from a year ago.
1:07.8	The conference call kicking off just moments ago.
1:10.6	CNBC Steve Kovac is in
1:12.0	Cupertino with the very latest, Steve. Yeah, Mel, that call is just getting started. And we're
	...

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