Market update for Wednesday May 27, 2026. Check 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, Zaid covers: Micron crossing $1 trillion in market cap Nvidia announcing a $150 billion annual investment in Taiwan American Airlines picking SpaceX&#x27;s Starlink for in-flight Wi-Fi Lululemon ending its messy proxy battle with founder Chip Wilson Zscaler stock plunging after weak guidance How much Knicks Finals tickets are actually going for

Nvidia Bets Big on Taiwan, American Airlines Inks Starlink Deal

The Rundown

Public.com presents The Rundown, your daily market update in 10 minutes. My name is Zaid Admani and today is Wednesday, May 27th. In today's episode, we'll break down Micron's path to hitting a trillion dollar valuation. We'll also tell you about Nvidia's massive bet on Taiwan and a new deal between SpaceX and American Airlines.

Then stick around to the end of the show to find out how much people are paying for Nick's finals tickets. We got a great show for you today. Let's go. The stock market kicked off the week on a strong note. The S&P 500 jumped 0.6% on Tuesday, while the Nasdaq did even better, ripping 1.2%, both indices closing at record highs.

Micron was the star of the show yesterday, jumping 19%, and the company officially crossed a $1 trillion market cap for the first time ever. We talked about Micron on yesterday's show. They make memory chips, and historically, memory has been a brutal boom and bust industry. But right now, there's an explosion in demand for memory because memory has become a critical component for AI data centers. And Micron has been a big beneficiary of that. Micron stock has nearly doubled in the last month alone. And here's a wild stat.

It took Micron just 48 trading days to go from a $500 billion market cap to a $1 trillion market cap. Just for some context here, it took NVIDIA 490 days to make that same jump back in 2022 and 2023. So this surge from Micron is even more explosive than what we saw from NVIDIA when they first burst onto the scene three plus years ago, following the launch of ChatGPT and the start of the AI boom. And by the way, it's not just Micron.

Nvidia Bets Big on Taiwan, American Airlines Inks Starlink Deal

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Nvidia Bets Big on Taiwan, American Airlines Inks Starlink Deal

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.