The Rundown

Markets are hovering near record highs, but many investors still feel like the rally has lost its momentum. In this episode, Zaid sits down with Fundstrat economic strategist Hardika Singh to discuss why AI and memory stocks have cooled off, what to watch during earnings season, and why Big Tech's AI spending remains the market's biggest story. They also break down the latest signals from the Federal Reserve, why the labor market may now matter more than inflation, and what recent bank earnings reveal about the strength of the U.S. consumer. Finally, Hardika shares her outlook for the second half of the year, including whether blockbuster AI IPOs like OpenAI and Anthropic may have to wait.

In this weekend deep dive, Zaid breaks down Apple’s lawsuit against OpenAI and the wild allegations involving stolen laptops, confidential files, and Apple hardware brought to job interviews. He also looks at why Apple may be using the case to slow OpenAI’s hardware ambitions, what Sam Altman and Jony Ive are actually building, and the bad blood between Apple's next CEO John Ternus and OpenAI's hardware chief Tang Tan

Market update for July 17, 2026. 
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In today’s episode, Zaid covers:
Why the tech selloff is getting worse and chip stocks are nearing a bear market

Netflix earnings and why the stock hitting a two-year low

SpaceX stock keeps falling after an aborted Starship launch (and what it means for the IPO market)

Google’s delayed Gemini 3.5 Pro model and growing concerns about its AI strategy

Apollo’s potential $3 billion Yankees deal and private equity’s growing role in sports

Market update for Thursday July 16, 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:
SpaceX briefly falling below its $135 IPO price for the first time

TSMC’s 77% profit surge and its new $100 billion U.S. investment

UnitedHealth ripping higher after a major earnings beat and raised outlook

United Airlines falling as higher fuel costs pressure its forecast

T. rex fossil selling for a record-breaking $50.1 million

Market update for Wednesday July 15, 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 cooler CPI and PPI inflation data is easing fears of another Fed rate hike

Kevin Warsh’s promise of a “regime change” at the Federal Reserve

ASML’s blowout earnings and what its order book says about the AI boom

Samsung and DeepSeek could be among the next major AI-related companies headed to public markets

PayPal’s $53 billion takeover offer 

Lucid’s bankruptcy rumor

Why New York is temporarily blocking large data centers