Market update for Wednesday July 15, 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: Why cooler CPI and PPI inflation data is easing fears of another Fed rate hike Kevin Warsh’s promise of a “regime change” at the Federal Reserve ASML’s blowout earnings and what its order book says about the AI boom Samsung and DeepSeek could be among the next major AI-related companies headed to public markets PayPal’s $53 billion takeover offer Lucid’s bankruptcy rumor Why New York is temporarily blocking large data centers

PayPal Gets a $53B Takeover Offer, ASML Says the AI Boom Is Accelerating

The Rundown

[SPEAKER_A] public.com presents The Rundown, your daily market update in 10 minutes. My name is Zaid Admani, and today is Wednesday, July 15. In today's episode, we'll tell you why Fed Chair Kevin Warsh isn't ready to declare victory on inflation despite the positive data. We'll also recap blowout earnings from ASML and tell you why PayPal might get acquired soon. Then stick around to the end of the show to find out why New York just became the first state to temporarily block large data centers. We got a great show for you today. Let's go! Stocks had a decent day on Tuesday with the S&P 500 jumping 0.4% and the NASDAQ climbing 0.9%. The market's got a boost from a couple things yesterday, one being the strong bank earnings and the other being the cooler-than-expected CPI report. We covered both those things in detail on yesterday's show, so go check that out if you missed it. Now we got another inflation report this morning. The Producer Price Index, or PPI, which measures wholesale inflation, declined 0.3% in June compared to May. That was not expected. Economists were expecting PPI to remain flat. Now I should mention, just like with the CPI report yesterday, a big reason for the decline was lower energy prices. Gasoline prices fell 12% in June and accounted for about two-thirds of the monthly decline in and wholesale good prices. So I wouldn't declare victory on inflation just yet. I mean, these reports are telling us that inflation cooled during a brief pause in the Iran war when oil prices dropped, but now tensions are ramping back up again and energy prices are climbing. So the July inflation number could look very different than what June did.

PayPal Gets a $53B Takeover Offer, ASML Says the AI Boom Is Accelerating

Read the full transcript

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

PayPal Gets a $53B Takeover Offer, ASML Says the AI Boom Is Accelerating

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.