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SpaceX Denied VIP Treatment by S&P 500, Lululemon Tanks on Weak Guidance

SpaceX Denied VIP Treatment by S&P 500, Lululemon Tanks on Weak Guidance

Published 3 days, 10 hours ago
Description

Market update for Friday, June 5, 2026. 

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In today’s episode, Zaid covers:

  • May jobs report comes in way hotter than expected 172,000 jobs added vs 80,000 expected
  • SpaceX denied early entry into the S&P 500 ahead of biggest IPO in history
  • Lululemon slashes full-year forecast
  • ServiceTitan surges after blowout earnings
  • Docusign beats expectations but stock still drops
  • Fun fact: AI bots now generate more web traffic than humans
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