Market update for July 1, 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:

• S&P 500 and Nasdaq posting their best quarter since 2020

• What investors should watch in the second half

• Nike earnings, and why the stock is sliding despite beating expectations

• Anthropic reaching a deal with the Trump administration to restore access to Fable and Mythos

• Meta building a cloud business to sell AI compute

• President Trump reporting more than $1 billion in crypto-related income last year