The Rundown

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