The Rundown

Market update for Friday May 1, 2026
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In today’s episode:
Stocks wrapped up their best month since 2020 (S&P 500 up 10%, Nasdaq up 15% in April)

PCE inflation hits 3.5%, the highest since 2023, driven by rising oil prices from the Iran war

Apple reports a monster quarter thanks to iPhone 17 lineup

Anthropic in talks to raise money at a $900 billion valuation

Reddit stock pops after revenue jumps 69% and profits soar nearly 8x

Roblox gets crushed after child safety measures slow user growth

Saudi Arabia pulls funding from LIV Golf

Market update for Thursday April 30, 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:
Jerome Powell's last Fed meeting and what comes next
Google crushes earnings, cloud revenue surges 63% to $20B
Amazon's AWS grows 28%, fastest pace in nearly four years
Microsoft beats estimates but stock drops as cloud momentum stalls
Meta revenue jumps 33% but stock tanks on raised AI spending and user decline
Eli Lilly blows past estimates, Zepbound and Mounjaro sales skyrocket
Fun fact; 69% of Polymarket traders are losing money

Market update for Wednesday April 29
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In today’s episode:
Oil prices rip higher for a 7th straight day
The UAE quits OPEC. what it means for oil prices and the future of the cartel
Starbucks crushes earnings and raises its full-year outlook
Visa beats across the board as consumer spending stays resilient
Robinhood misses estimates as crypto revenue plunges 47%
Disney decides to keep ESPN

Market update for Tuesday April 28, 2026
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In today’s episode:
OpenAI misses key revenue and user growth targets, raising questions about its massive spending plans and IPO timeline
Google signs a classified AI deal with the Pentagon, joining OpenAI and xAI
Coca-Cola beats earnings and raises guidance as volume growth returns
Spotify tanks after weak guidance overshadows a solid quarter
The World Cup is expected to boost global beer sales by one billion pints this summer

Market update for April 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:
Big Tech earnings and the Fed meeting set up a massive week for investors

Qualcomm jumps on reports it may help power OpenAI’s future AI smartphone

OpenAI reworks its Microsoft partnership as its legal battle with Elon Musk begins

China blocks Meta’s $2 billion acquisition of AI startup Manus

Verizon rises on strong subscriber growth, while Domino’s drops after weak earnings

Adidas gets a major win after the first official sub-2-hour marathon in history