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businessJul 2, 202610:55pending

OpenAI Proposes 5% Government Stake, Apple Turns to Blacklisted Chinese Chips

The Rundown

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About this episode

Market update for Thursday July 3, 2026

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In today’s episode, Zaid covers:

  • What a WEAK June jobs report could mean for the Fed
  • Why Apple is looking to buy memory chips from blacklisted Chinese companies
  • Sam Altman's pitch to hand the U.S. government a 5% stake in OpenAI
  • Palantir rallying on its Nvidia partnership and a fresh analyst upgrade
  • Bending Spoons cools after its big IPO debut
  • Why this year’s Fourth of July barbecue is getting hit hard by inflation, especially beef prices

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OpenAI Proposes 5% Government Stake, Apple Turns to Blacklisted Chinese Chips

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