Market update for October 16, 2026
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In today’s episode, Zaid covers:
Wall Street’s dramatic comeback, and why the AI trade still looks shaky
Tesla’s airborne Roadster and the growing SpaceX merger speculation
Netflix’s layoffs, leadership shakeup and search for its next growth engine
Alcoa’s earnings beat, and the challenge beneath the rebound
Strategy’s index-removal risk and the billions in potential selling
KFC ditching Pepsi for Coke, and the corporate history behind the breakup