WallStreetBets Rallies Behind Wendy’s, Cerebras Flops in First Earnings Since IPO
Market update for Wednesday June 24, 2026
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In today’s episode, Zaid covers:
The global tech selloff rattling markets, and where investors are running for safety
Why Cerebras dropped in its first earnings report since going public
Why FedEx beat expectations but still got hit
Why Reddit is suddenly piling into Wendy's, and why Hertz is getting crushed
Google is finally joining the Dow Jones (I still don’t care about the Dow)
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.