Discord Confidentially Files for IPO, Elon Musk’s xAI Raises $20 Billion

The Rundown · Jan 7, 2026 · 9m

Market update for January 7, 2026

Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.

In today’s episode:

storage stocks surge after Nvidia’s Jensen Huang highlights memory demand

Discord confidentially files for a U.S. IPO as the tech IPO market heats up

Elon Musk’s xAI raises a massive $20B with backing from Nvidia and Cisco

Mobileye jumps on its $900M humanoid robotics acquisition

Deckers slides after analysts downgrade Hoka’s growth outlook

Web traffic data shows ChatGPT losing ground to Google’s Gemini