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Trump’s Crypto Fortune Balloons, Meta Builds a Cloud Business

Market update for July 1, 2026.

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In today’s episode, Zaid covers:

S&P 500 and Nasdaq posting their best quarter since 2020

What investors should watch in the second half

Nike earnings, and why the stock is sliding despite beating expectations

Anthropic reaching a deal with the Trump administration to restore access to Fable and Mythos

Meta building a cloud business to sell AI compute

President Trump reporting more than $1…

The skinny

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