The Rundown

Big Tech’s AI spending is eating into cash flow, and investors are losing patience. Mark Mahaney, Head of Internet Research at EvercoreISI, joins Zaid Admani to explain why Amazon remains his top pick after its earnings selloff, while Google could face several more quarters of pressure. He makes the case that AI search could eventually become even more lucrative than traditional search, despite the growing pains. They also discuss what could restore confidence in Big Tech’s spending spree and what Anthropic’s IPO filing reveals about the economics of AI.

In today’s episode, Zaid covers:
Amazon’s booming cloud business and its massive AI bill.

Intel’s earnings reveal a problem for the PC market.

Rivian’s new SUV gives the EV maker a boost.

Reddit faces a growing Google problem.

Pinterest’s disappointing holiday outlook.

Roblox loses users and engagement

Sandisk’s earnings beat isn’t enough for investors.

GM makes move to Nasdaq after 115 years on the NYSE.

Market update for October 29, 2026
Limited Time Promo: Sign up for a Public account, deposit $1,000 and get $100 in free stock (LINK)
Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.
In today’s episode, Zaid covers:
The Fed’s latest rate decision and Kevin Warsh’s surprise calendar change.

Why Google’s earnings sent its stock tumbling despite booming cloud growth.

What Microsoft’s results reveal about the cost of the AI buildout.

What DoorDash’s Instacart deal means for grocery delivery.

What’s driving another big quarter for Eli Lilly.

Why Chipotle shares rose despite an earnings miss.

What sent ServiceNow shares sliding after earnings.

How Anthropic’s cash pile stacks up against the biggest names in tech.

Market update for October 28, 2026
Limited Time Promo: Sign up for a Public account, deposit $1,000 and get $100 in free stock (LINK)
Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.
In today’s episode, Zaid covers:
Why Anthropic’s IPO filing gave AI stocks a boost.

What Visa’s earnings reveal about consumer spending.

Why Wendy’s could be going private.

Vertiv’s big earnings report and what it says about AI infrastructure.

What’s behind Robinhood’s earnings slump.

Why Instagram and TikTok are making a play for your TV.

Market update for October 27, 2026
Limited Time Promo: Sign up for a Public account, deposit $1,000 and get $100 in free stock (LINK)
Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.
In today’s episode, Zaid covers:
Tech stocks bouncing back ahead of a big week for the Fed and earnings.

What Anthropic’s IPO filing reveals about its growth, losses, and massive AI commitments.

Why JetBlue shares are climbing despite another quarterly loss.

What’s behind Whirlpool’s disappointing outlook.

Why Halloween candy is getting so expensive.