Market update for Thursday May 21, 2026.

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In today’s episode, Zaid covers: 

• Nvidia's $81 billion quarter and why Wall Street wasn't impressed

• What Walmart's earnings reveal about the American consumer right now

• E.l.f. Beauty is lowering prices while everyone else is raising them

• Intuit cuts 17% of its workforce and the stock tanks

• Some of the financial surprises from SpaceX’s S1 filings including $4.9 billion in losses