Market update for December 3, 2025

Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.

In today's episode:

• Trump’s hints at next Fed Chair 
• Anthropic plans for 2026 IPO
• Amazon’s new Tranium 3 chip 
• Earnings recap for American Eagle and Macys
• Michael Dell’s $6.25 Billion donation to American kids 

Market update for December 2, 2025

Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.

Market update for December 1, 2025

Follow us on INSTAGRAM  for bonus content and instant reactions

Adam Kobeissi, Founder & Editor-in-Chief of The Kobeissi Letter, joins Zaid Admani to break down whether Google’s TPU push is a real threat to Nvidia, which Big Tech giant is most likely to hit a $10 trillion valuation first, whether AI has effectively become too big to fail, and how labor-market weakness is pushing the Fed toward more rate cuts. Kobeissi explains why he thinks the S&P 500 will continue to go higher, and why investors will get left behind if they don't own assets.

In this weekend deep dive, we break down how a 149-year-old pharma company from Indianapolis reinvented itself through GLP-1 weight-loss drugs like Mounjaro and Zepbound, overtook Novo Nordisk, and became one of Wall Street’s hottest stocks. We cover Lilly’s history from insulin to Prozac, the explosive growth of its weight-loss franchise, the coming pill that could unlock an even bigger market, and the risks ahead. Is the trillion-dollar valuation just the start, or is the stock already priced for perfection?

Market update for November 28, 2025:

In today's episode we discuss the major CME outage that froze futures trading.

Then we dig into Black Friday and the impact of AI on holiday shopping

Plus, Baidu unveils its new AI chip roadmap, positioning itself as China’s challenger to Nvidia and Huawei

Follow us on Instagram for bonus content and instant reactions.

Market update for November 26, 2025:

Follow us on Instagram ⁠⁠⁠⁠⁠@therundowndaily⁠⁠⁠⁠⁠ for bonus content and instant reactions.

Interview with Doug O'Laughlin

Market update for November 25, 2025:

Follow us on Instagram ⁠⁠⁠⁠@therundowndaily⁠⁠⁠⁠ for bonus content and instant reactions.

Market update for November 24, 2025:

Follow us on Instagram ⁠⁠⁠@therundowndaily⁠⁠⁠ for bonus content and instant reactions.

Is the AI trade cooling off, or is this the calm before an even more explosive phase of the build-out? Zaid sits down with Doug O’Loughlin, President at SemiAnalysis, to break down Nvidia's earnings report, why AI spending might actually accelerate from here, how Google’s Gemini 3 and in-house TPUs have suddenly shifted the competitive landscape, and why founders like Zuck are willing to pour billions into GPUs even as investors panic.

They dive into the real useful life of Nvidia chips, whether OpenAI’s shine is fading, how rate cuts fuel the “AI party,” and what happens when hyperscalers start borrowing real money to ramp capex. Plus: why Oracle might actually be betting the company, and Doug’s call on when OpenAI could IPO.