Market update for Monday May 11, 2026

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In today’s episode, Zaid covers:

• Why Moderna and other pharma stocks are surging on hantavirus headlines
• Circle’s $222 million Arc blockchain raise backed by BlackRock, Apollo, and others
• Monday.com’s earnings beat thanks to AI push
• Nintendo’s stock drop after a Switch 2 price hike and weak sales forecast
• Why the New York Knicks could eventually become their own publicly traded company