The Rundown

Market update for May 28, 2026.
Check out the Public app for incredible investing tools and to support the show (LINK)
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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