The Rundown
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Elon Promises Kids SpaceX Stock, AI Stocks Face a Reality Check

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Market update for October 19, 2026

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In today’s episode, Zaid covers:

  • The AI stock selloff, and why he thinks the shakeout could be healthy

  • Anthropic’s public benefit fund and the debate over sharing AI’s wealth

  • Elon Musk’s SpaceX stock promise and the billionaire push to fund kids’ investments

  • Cleveland-Cliffs’ earnings rebound and surprisingly strong 2027 outlook

  • Intel’s upgrade, with a price target that raises eyebrows

  • Harvard’s huge investing year and its outsized SpaceX bet


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