The Rundown

Apple Rides iPhone Strength to Record Quarter, Reddit Sales Surge 69%

May 1, 2026·10 min
Episode Description from the Publisher

Market update for Friday May 1, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.In today’s episode:Stocks wrapped up their best month since 2020 (S&P 500 up 10%, Nasdaq up 15% in April)PCE inflation hits 3.5%, the highest since 2023, driven by rising oil prices from the Iran warApple reports a monster quarter thanks to iPhone 17 lineupAnthropic in talks to raise money at a $900 billion valuationReddit stock pops after revenue jumps 69% and profits soar nearly 8xRoblox gets crushed after child safety measures slow user growthSaudi Arabia pulls funding from LIV Golf

AI Summary coming soon

Sign up to get notified when the full AI-powered summary is ready.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.

Listen to This Episode

Get summaries like this every morning.

Free AI-powered recaps of The Rundown and your other favorite podcasts, delivered to your inbox.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.