Meta Signs $27B Deal with Nebius, Peloton Enters the Gym Business
Podcast: The RundownPublished On: Mon Mar 16 2026
Description: Market update for Monday March 16, 2026Check 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:• Meta signs a massive $27B AI infrastructure deal with Nebius as the company reportedly considers layoffs and delays its next AI model• Peloton launches new commercial bikes and treadmills for gyms in an attempt to revive growth• Market movers: Micron jumps on AI memory expansion while Public Storage falls after a $10.5B acquisition deal• Fun Fact: FedEx overtakes UPS in market value for the first time ever
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