SpaceX Denied VIP Treatment by S&P 500, Lululemon Tanks on Weak Guidance
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
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.