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Why the Midterms Might Be Good for Big Tech, CVS Is Breaking Up

November 5, 2026 · 13 min

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Market update for November 5, 2026

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In today’s episode, Zaid covers:

  • Why stocks rallied after the midterms, and why the results might be secretly good news for Big Tech

  • Why CVS is breaking itself up into two companies

  • Earnings recap from AppLovin, Figma, Qualcomm, Cava and Snap

  • Apollo becoming one of the biggest owners of AI chips in the world

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