Trump’s Crypto Fortune Balloons, Meta Builds a Cloud Business

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Market update for July 1, 2026.

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In today’s episode, Zaid covers:

S&P 500 and Nasdaq posting their best quarter since 2020
What investors should watch in the second half
Nike earnings, and why the stock is sliding despite beating expectations
Anthropic reaching a deal with the Trump administration to restore access to Fable and Mythos
Meta building a cloud business to sell AI compute
President Trump reporting more than $1 billion in crypto-related income last year

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