The Rundown

Google just raised roughly $85 billion by selling stock — even though the company is already sitting on a mountain of cash and generating massive cash flow.
So why would one of the richest companies on Earth sell shares for the first time in nearly two decades?
In this weekend's deep dive, Zaid breaks down Google’s record-breaking stock sale, why the company may have chosen equity instead of taking on more debt, and how its massive AI infrastructure spending is changing the math for Big Tech.
We also dig into Google’s AI buildout, its cloud demand, the risks of overbuilding data centers, and whether this move is a smart financing decision or a warning sign that the AI trade is getting way too stretched.

Market update for Friday, June 12, 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:
What you need to know about the SpaceX IPO today

Arm rallies on a bold AI call 

Adobe sinks despite beating earnings

Fun Fact: SpaceX IPO is minting over 4,400 employee millionaires (and Elon becomes the world's first trillionaire

Market update for Thursday June 11th
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:
A hot PPI inflation report and escalation with Iran

Oracle's monster quarter that still sent the stock tumbling 

OpenAI weighing drastic price cuts as an AI price war brews with Anthropic

Navan soars on earnings while Beijing slaps down Alibaba and JD.com

Why World Cup ticket prices are falling

Market update for Wednesday June 10th
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:
Inflation heats up to 4.2% in May, the hottest reading in three years 

Anthropic releases Mythos 5, the AI model it once called too dangerous for the public

Nvidia and Google are co-signing massive data center deals for OpenAI and Anthropic 

Cracker Barrel posts a surprise profit 

Super Micro sinks on a $7 billion stock sale

Fun Fact: the Knicks are making $20 million per home game at the NBA Finals

Market update for June 9, 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:
OpenAI confidentially filing for an IPO
Apple unveiling Siri AI at WWDC powered by Google's Gemini technology
GSK acquiring cancer drugmaker Nuvalent for $10.6 billion
Vail Resorts cutting outlook for the second time this year after worst snowfall season on record
Fun Fact: University endowments are about to make billions off the SpaceX IPO this Friday