Episode Details
Back to Episodes
Cerebras Targets $34B IPO Valuation, Hims Shares Tank on EPS Miss
Published 3 weeks, 6 days ago
Description
Market update for Tuesday May 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:
April CPI coming in hot at 3.8%, the highest inflation reading since May 2023
eBay rejecting GameStop’s $55B+ takeover offer
Cerebras raising its IPO price range as AI chip demand heats up
Wendy’s stock surging on reports Nelson Peltz may pursue a take-private bid
Hims & Hers shares falling after its GLP-1 pivot comes with higher costs
Netflix revealing it spent $135B on films and TV shows over the past decade