The Rundown

Market update for October 12, 2026
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In today’s episode, Zaid covers:
Why big tech keeps winning while smaller companies feel the pain of higher rates

The AI startup Amazon reportedly wants, and what it has to do with Nvidia

Starbucks responds to the Chipotle takeover chatter

A bitcoin miner turned AI landlord, and a new memory-chip rival out of China

Why Hollywood can’t get enough of cheap horror movies

Oil prices are climbing. Bond yields are rising. So why are stocks still near record highs? Jason Ware, Chief Investment Officer at Albion Financial, joins Zaid to explain why he remains bullish and what could change his outlook. They discuss the earnings growth supporting the rally, why higher borrowing costs may not derail the AI spending boom, and his case for the Magnificent Seven to keep leading. Plus, what he’s watching this earnings season, the outlook for another Fed rate hike, and the challenge of valuing Anthropic ahead of a potential IPO.

Market update for October 9, 2026
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In today’s episode, Zaid covers:
Why OpenAI’s revenue numbers rattled AI stocks

SpaceX’s wireless ambitions and the selloff in phone-carrier stocks

Why Starbucks is exploring a Chipotle takeover

Lumentum’s rally as AI customers reserve supplies years ahead

Delta’s profit warning as fuel costs and airfares climb

What Spotify is paying for in its renewed Joe Rogan deal

Market update for October 8, 2026
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In today’s episode, Zaid covers:
What the highest Treasury yields since 2002 are doing to stock prices

Why PepsiCo lowered its outlook even after beating estimates

Paramount and Warner Bros. finally become one company, and the bill comes due

Palantir gets an upgrade from Goldman Sachs

Levi's earnings get a boost from tariff refunds 

Webull slides after a House report on its ties to China

Halloween's biggest spending category (hint: it's not candy)

Market update for October 7, 2026
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In today’s episode, Zaid covers:
Why the S&P's latest record isn't as healthy as it looks

SpaceX's push to raise $40B in debt, and why its bondholders are nervous

Uber's $2.3B bet on workplace catering with ezCater

The growing pressure on Mattel to consider a sale

Why Constellation Brands fell despite beating earnings expectations

What Anthropic CEO Dario Amodei earned in 2025, and how it stacks up against other CEOs