Markets, Missiles, and a Medical Warning: Your Saturday Morning Rundown

This Friday episode of The Morning Rundown covers a market selloff, a major government AI proposal, a blockbuster cloud deal, four active conflict zones, and a trio of public health alerts demanding attention.Hosts Maya and David break down why a stronger-than-expected jobs report sent Treasury yields climbing and hammered tech stocks, what a proposed government stake in leading AI companies could mean in practice, and the staggering scale of Google's reported billion-dollar-per-month deal with SpaceX for cloud infrastructure. From there, the episode moves into a global hotspots roundup spanning Ukraine's deep-strike drone attack on St. Petersburg, ongoing US-Iran military exchanges despite a declared ceasefire, Israeli strikes in Lebanon, and the killing of a seven-month-old Palestinian child in the West Bank. The episode closes with three public health stories: CDC modeling projecting the Congo Ebola outbreak could reach 20,000 cases within three months, US measles cases surpassing 2,000 for the second consecutive year, and the first confirmed domestic screwworm case since the 1960s.Markets: The Nasdaq fell 4.2% and the Dow dropped 695 points after a hot jobs report effectively ended near-term hopes for Fed rate cuts.AI policy: The Trump administration is floating a government ownership stake in top AI companies, raising significant questions about how that would function.Conflicts: Ukraine, Iran, Lebanon, and the West Bank are each seeing escalations at the same time, with official frameworks struggling to reflect conditions on the ground.Ebola: CDC modeling warns the Congo outbreak could exceed 20,000 cases in three months without a significantly stronger international response.Measles: Back-to-back years above 2,000 cases across 38 states signal a trend tied to declining vaccine coverage, not an isolated spike.Subscribe and tune in each weekday morning for a fast, substantive briefing on the news that matters.