Market update for June 1, 2026. 

SpaceX Valuation Deep Dive: [Spotify][YouTube]

Check out the Public app for incredible investing tools and to support the show (LINK)

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

In today’s episode, Zaid covers:

• Nvidia shows off new AI chip designed for PCs

• SpaceX lands two huge Space Force contracts ahead of its record-breaking IPO

• Berkshire Hathaway buys homebuilder Taylor Morrison for $6.8 billion

• AST SpaceMobile drops after a Blue Origin rocket explosion rattles space stocks

• Fun fact: what the Spurs-Knicks NBA Finals has to do with the dot-com bubble

Fresh off Spotify's Investor Day, Zaid talks with Roman Wasenmüller, Spotify's Global Head of Podcasts, about how a music company became a podcasting powerhouse. Wasenmüller traces it back to early consumer signals in Germany in 2015–16, the acquisition spree (Anchor, Megaphone, Gimlet, Parcast, The Ringer), and the exclusivity era that put Spotify on the map. Then he looks ahead: video podcasting as a discovery engine, distributing full Ringer episodes on both Spotify and Netflix, AI "personal podcasts" made just for you, verification for human-made shows, and a monetization mix spanning ads, Premium video payouts, and memberships.

In today's deep dive, Zaid breaks down the upcoming SpaceX IPO which is on track to be the biggest in history at a $1.75 trillion valuation

The recent filing showed a company that's burning cash, growing slower, and looks very different from the rocket company you think it is. 

We get into all of it, the business, the numbers, the valuation, and whether retail investors are being set up as exit liquidity.

Market update for Friday May 28, 2026

Check out the Public app for incredible investing tools and to support the show (LINK)

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

In today’s episode, Zaid covers:

• Stocks close at record highs as Wall Street bets on an Iran peace deal

• Dell’s stock surges after a monster quarter, with AI server sales exploding 757%

• Anthropic raises $65B and passes OpenAI to become the world's most valuable AI startup

• Movers: NetApp rips on earnings, Gap gets crushed after cutting guidance

• Fun Fact: US Treasury to release new $250 bill with Trump's face on it (maybe)
  

Market update for May 28, 2026.

Check out the Public app for incredible investing tools and to support the show (LINK)

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

In today’s episode, Zaid covers:

• April PCE inflation hitting 3.8%, its hottest reading since 2023

• Meta charging for AI and rolls out paid subscriptions for Instagram, Facebook, and WhatsApp

• Salesforce beat on earnings but the stock barely moves 

• Snowflake pops on a blowout quarter and a $6B Amazon deal

• Fun fact: just 10 companies now make up almost 40% of the entire S&P 500
  

Market update for Wednesday May 27, 2026.

Check out the Public app for incredible investing tools and to support the show (LINK)

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

In today’s episode, Zaid covers:

• Micron crossing $1 trillion in market cap 

• Nvidia announcing a $150 billion annual investment in Taiwan

• American Airlines picking SpaceX's Starlink for in-flight Wi-Fi

• Lululemon ending its messy proxy battle with founder Chip Wilson

• Zscaler stock plunging after weak guidance

• How much Knicks Finals tickets are actually going for
  

Market update for May 26, 2026

Check out the Public app for incredible investing tools and to support the show (LINK)

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

In today’s episode, Zaid covers:

• why stocks keep ripping despite bond yields flashing warning signs

• The latest on the Iran war and what it all means for oil prices

• Eli Lilly's $4 billion vaccine shopping spree and the next-gen weight loss drug analysts are calling "surgery in a syringe"

• Uber's $11.6 billion bid to take over European food delivery giant Delivery Hero

• Why Micron stock could double from here, according to UBS

• BP's surprise move to remove its chairman over "serious" conduct concerns

• Why fans are roasting Ferrari's first ever EV 
  

AI data centers are becoming the backbone of the global economy, and Applied Digital CEO Wes Cummins says we’re still in the early innings. In this episode, Wes breaks down how his company went from building crypto infrastructure to making a massive early bet on AI before the rest of Wall Street caught on. He explains why hyperscalers like CoreWeave, Meta, and Microsoft are scrambling for power and compute capacity, why North Dakota unexpectedly became a hotspot for AI infrastructure, and why he believes data centers, not GPUs, will become the biggest bottleneck in AI. We also dig into the company’s explosive growth, the risks around debt and energy demand, and whether today’s AI boom could end like the dot-com bubble.

Market update for Friday May 22, 2026.

Check out the Public app for incredible investing tools and to support the show (LINK)

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

In today’s episode, Zaid covers:

• Spotify stock rips after AI music deal announced on Investor Day

• Anthropic working on custom chip deal with Microsoft

• OpenAI preparing to file for an IPO very soon

• Zoom beats earnings, raises outlook on AI momentum

• Take-Two confirms GTA VI on track for November 19th launch

• Record 45 million Americans traveling for Memorial Day despite $4.56 gas

Market update for Thursday May 21, 2026.

Check out the Public app for incredible investing tools and to support the show (LINK)

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

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