U.S. Economy Loses Jobs in July, Airbnb Posts Best Quarter In Years

Market update for Friday August 7, 2026

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In today’s episode, Zaid covers:

• The surprisingly weak July jobs report and what it could mean for the Fed

• Airbnb’s strong earnings and why Brian Chesky says AI is transforming the company

• Google’s major AI leadership shake-up as longtime chief scientist Jeff Dean leaves

• Atlassian surging as investors warm back up to software stocks

• DraftKings slips after bettors won too much

• SpaceX and Tesla’s enormous new Terafab chip factory planned for Texas