Apple Rides iPhone Strength to Record Quarter, Reddit Sales Surge 69%

Apple Rides iPhone Strength to Record Quarter, Reddit Sales Surge 69%

Market update for Friday May 1, 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:

  • 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

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SpaceX Makes Moonshot Bet on Coding, Palantir Inks $300M Contract with USDA

Market update for April 22, 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...

22 Apr 9min

Tim Cook Steps Down as Apple CEO, Amazon Expands Anthropic Partnership

Tim Cook Steps Down as Apple CEO, Amazon Expands Anthropic Partnership

Market update for Tuesday April 21, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant re...

21 Apr 9min

Meta to Axe 10% of Staff in First Wave of Layoffs, Google Partners with Marvell for Two AI Chips

Meta to Axe 10% of Staff in First Wave of Layoffs, Google Partners with Marvell for Two AI Chips

Market update for April 20, 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 reaction...

20 Apr 9min

Swarmer CEO on Building the “Microsoft of Drones”

Swarmer CEO on Building the “Microsoft of Drones”

Swarmer ($SWMR) just had a successful IPO, skyrocketing 520% in its first day of trading. But its bigger ambition is to become the “Microsoft of drones.” Zaid sits down with U.S. CEO Alex Fink to brea...

19 Apr 30min

Deep Dive: Sizing Up the Oil Shock's Economic Impact

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In today's deep dive, Zaid breaks down the economic fallout from the largest oil supply disruption in history. Oil flows through the Strait of Hormuz dropped 97%, gas crossed $4 a gallon, diesel spike...

18 Apr 11min

Iran Reopens Strait of Hormuz, Netflix Tanks After Reed Hastings Steps Down

Iran Reopens Strait of Hormuz, Netflix Tanks After Reed Hastings Steps Down

Market update for Friday April 17, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant rea...

17 Apr 9min

TSMC Posts Record Profit, Pepsi’s Snack Business Bounces Back

TSMC Posts Record Profit, Pepsi’s Snack Business Bounces Back

Market update for Thursday April 16, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant r...

16 Apr 9min

Meta Expands Chip Deal with Broadcom, Wall Street Traders Cash In on Volatility

Meta Expands Chip Deal with Broadcom, Wall Street Traders Cash In on Volatility

Market update for Wednesday April 15, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant ...

15 Apr 9min

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