Hantavirus Sends Moderna Higher, Circle Raises $222M for New Blockchain
Market update for Monday May 11, 2026
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In today’s episode, Zaid covers:
Why Moderna and other pharma stocks are surging on hantavirus headlines
Circle’s $222 million Arc blockchain raise backed by BlackRock, Apollo, and others
Monday.com’s earnings beat thanks to AI push
Nintendo’s stock drop after a Switch 2 price hike and weak sales forecast
Why the New York Knicks could eventually become their own publicly traded company
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.