StocktwitsTV

In this exclusive interview, Robinhood's Chief Financial Officer, Shiv Verma, joins Michele Steele on Stocktwits TV to discuss the company's Q1 earnings results. Verma dives deep into the numbers, exploring Robinhood's impressive growth in revenue, net income, and gold subscriptions. He also shares insights into Robinhood's future plans, including its ongoing commitment to the crypto market, its expansion into new asset classes like prediction markets, and its strategies for becoming a leading global financial ecosystem. Key Topics Covered: Robinhood's Q1 earnings performance The strength of the retail investor and Robinhood's growing customer base The importance of Robinhood Gold and the new Platinum card The impact of the SEC's proposed changes to the Pattern Day Trader (PDT) rule Robinhood's vision for the future, including global expansion and the role of AI

The UAE just announced it’s leaving OPEC effective May 1. Oil is back above 100. The Iran war is in its ninth week. And last month, Cem Karsan told StocktwitsTV to buckle up. Michele Steele sits down with Cem Karsan of CHI Wealth and CHI Volatility Advisors to connect the dots: Cem argues the Middle East conflict is part of a broader China vs U.S. battle where the moat to the dollar runs through oil, and the U.S. is using financial markets as a primary tool of power. Cem breaks down why the biggest tell is market structure itself: he says we’ve “never in 125 years” seen a 15% rally come out of only a 5–10% decline from all-time highs, and he frames this as proactive crisis-style market management—because markets create liquidity, not just reflect it. Then he runs through what he calls a “mosaic” of preparations: emergency meetings around private credit and cybersecurity, energy and infrastructure deregulation, shifting industrial priorities, and even Hank Paulson floating a facility to backstop the Treasury market—moves Cem says don’t happen if leaders believe the crisis ends in two weeks. Finally, Michele and Cem talk catalysts the U.S. can’t control—oil, global FX stress, and geopolitical flashpoints like Taiwan—and what it means for the AI trade, inflation, and volatility into summer. Cem’s view: the squeeze power is diminishing, managed mean reversion is likely, vol compression could dominate summer, but the “boots on the ground” realities keep getting worse. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps 00:01 - UAE exits OPEC 00:58 - China vs US framing 02:41 - Dollar moat is oil 03:26 - UAE financial center risk 05:12 - Managed preparation 06:52 - Historic rally signal 08:37 - Proactive market support 09:30 - Markets are the input 10:35 - Too big to fail 12:25 - Market up, reality worse 14:29 - Revisiting the thesis 16:38 - Play the players 18:29 - Crisis prep tells 20:22 - Emergency actions list 22:16 - Hank Paulson warning 25:34 - What forces repricing 28:37 - Taiwan risk to AI 30:01 - Inflation is on menu 32:57 - OpenAI revenue miss 35:14 - What happens next 37:33 - Squeeze power fading 38:59 - “Peace” headlines timing 41:44 - Vol compression vs bleed 44:08 - Trading the bully table 46:19 - Wrap

Welcome back to StocktwitsTV. Michele Steele is joined by Scott Sanborn, CEO of LendingClub, soon to be Happen Bank, after a major quarter: originations up 31% and EPS at 44 cents, a beat by 22%. Scott explains what drove the performance: strong execution across controllable levers like expansionary marketing and cross-product adoption, plus credit that is outperforming expectations despite noisy headlines about consumer health. He shares standout engagement data, including roughly 40% of auto customers applying for a personal loan, and nearly a quarter of savings accounts coming from former borrowers. Michele digs into the private credit debate, asking whether SaaS-linked fears are being conflated with LendingClub’s funding story. Scott says funding looks strong: more loans sold in Q1 than Q4, at higher prices, with buyers signaling intent to keep purchasing because returns have held up. The biggest strategic shift is the rebrand: LendingClub is becoming Happen Bank. Scott explains why now is the right time, why “bank” matters for trust, and how “Happen” reflects an action-oriented customer who chooses to improve their finances. In rapid-fire community questions, Scott addresses whether Happen Bank will advertise on TV, how the strategy differs from SoFi, and how LendingClub plans to grow responsibly without chasing market share at the expense of credit quality. He also outlines the product roadmap: home improvement loans launching now, DebtIQ improvements including transaction monitoring, and home equity as a likely next major product once builds are complete. Finally, Michele asks about the impact of geopolitical shocks and higher oil on rates and borrowers. Scott says the immediate hit is the rate outlook shifting from three cuts to zero, but he maintains guidance and says the company is not seeing leading indicators of consumer stress in the tighter approval box it now underwrites. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps 00:00 - Big quarter recap 00:22 - Execution levers working 00:53 - Cross-product traction 01:09 - Credit beats expectations 01:26 - Private credit noise 02:05 - SaaS fear explained 02:32 - Loan buyers still active 02:54 - Hybrid model advantage 03:28 - Happen Bank rebrand 04:16 - Why name change now 04:42 - “Bank” builds trust 05:10 - “Make it happen” meaning 06:18 - TV advertising question 07:22 - Moving up the funnel 08:22 - Focused customer strategy 09:33 - Borrowers become savers 10:42 - Burner account question 11:11 - Market share vs credit 11:55 - 40–50% lower delinquencies 12:43 - “Marathon, not sprint” 14:26 - Product roadmap 14:37 - Home improvement launch 15:39 - DebtIQ upgrades 16:14 - Home equity next 17:30 - Rate cuts now zero 18:17 - No stress indicators 19:18 - Provision near zero 20:19 - Wrap

Welcome into StocktwitsTV. Michele Steele is joined by Ben Cahn—and yes, the Wi-Fi lives. First up: Michael Burry is buying the dip in PayPal after the stock fell more than 80% from its highs. Michele lays out the debate and Ben gives his take: he thinks people may be overcomplicating the story, and that PayPal’s real issue is competition—Apple Pay, Zelle, and a Venmo that’s “free for the most part.” Then the headline that sounds fake but isn’t: “Tapatio, Ozempic, and the hot sauce trade.” Michele explains the theory: GLP-1 users may crave bold flavors without adding calories, which could boost hot sauce demand. Ben reacts to the news that Tapatio sold to a Dallas private equity firm—after 55 years of family ownership—and goes on a passionate rant about private equity “ruin[ing] everything” if they mess with the recipe. They wrap by zooming out: how consumer trends still create real businesses, why America never stops spending, and why this segment somehow ends with Walmart not taking Apple Pay. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ #stocktwitstv  Chapters 00:00 - Wi-Fi jokes and intro 01:05 - Michael Burry buys PayPal 02:10 - “My mom uses PayPal” 03:05 - Why Ben thinks it’s boring 04:25 - Competition: Apple Pay, Zelle, Venmo 05:55 - “Official P2P of the NFL” 07:05 - What does that even mean 08:40 - Walmart doesn’t take Apple Pay 09:35 - Tapatio, Ozempic, hot sauce 10:55 - 55 years, recipe never written 12:10 - Private equity buyout reaction 13:05 - “They ruin everything” rant 15:10 - Brand deals and food fads 16:20 - Vitamin Water and BodyArmor story 18:05 - Wrap

Poet Technologies ($POET) CFO Thomas Mika joins StocktwitsTV to address the Wolfpack Research short report head-on — and explain why the company believes it was a "nothing burger" timed to spook shareholders before tax day. We cover: the Wolfpack short thesis and its biggest errors, Poet's $430M cash strategy (the "3 Cs"), the 800G and 1.6 terabit transceiver market, the Blazar light source product, NDAs with hyperscaler suppliers, a purchase order from Marvell/Celestial AI, and what a "meaningful order" looks like in 2025. Poet Technologies develops semiconductor chips that combine electronics and optics on a single chip — positioning the company as a component supplier to module makers serving major cloud providers. ⚡ Key topics: • Wolfpack short report rebuttal • $430M cash war chest — acquisitions or organic growth? • 800G / 1.6T optical transceivers • Marvell acquisition of Celestial AI — what it means for POET • Foxconn & Luxshare module partnerships • Light source "Blazar" product and the GPU interconnect market • Near-term revenue milestones and realistic timelines 📌 Follow StockTwits for more investor interviews: https://stocktwits.com ⚠️ Not financial advice. Do your own research. 0:00 Intro — Poet up 20%+ on 5x normal volume 0:23 The Wolfpack Research short report — biggest error explained 1:28 Message to shareholders who sold on the report 2:28 Stock price recovery — where POET stands vs. pre-report 3:21 What to watch in last earnings — hyperscaler attraction 4:15 800G & 1.6T transceivers + the blue ocean light source market 5:07 $430M cash: capacity, capability & credibility strategy 7:12 Why semiconductor-style assembly changes gross margins 8:13 Competitive landscape: Marvell, Celestial AI & NDAs 10:02 Poet's role — competing with or enabling Marvell? 11:00 The Blazar light source — OFC reception & laser company interest 12:15 Q&A: Milestone investors should watch for recognized revenue 13:05 Q&A: Foxconn, Luxshare & Marvell purchase order update 14:00 Q&A: What does a meaningful order look like for POET?

Welcome onto StocktwitsTV. Michele Steele sits down with Rocket Lab CEO Sir Peter Beck as the Stocktwits community tunes in with rapid fire questions about Neutron, Archimedes, and Rocket Lab’s long term ambition. Michele opens with a recent milestone: Rocket Lab solar cells showing up in Artemis II footage as the mission looped around the moon. Beck says Rocket Lab is building an end-to-end space company—launch, spacecraft components, satellite operations, and eventually services from space. From there, Michele brings in community questions about Neutron’s first launch timing and what has to go right for the Archimedes engine. Beck explains Rocket Lab is pushing hard for a Q4 target, but says rockets are rockets, and reliability and reusability matter more than rushing. He describes how the team is running tough tests designed to simulate re-entry conditions so Neutron can go up and come back down—reusability is the point. They also get strategic. Beck says the space industry’s total addressable market is largely about services from orbit, and Rocket Lab intends to be an end-to-end provider—build it, launch it, operate it—while still enabling other companies by selling critical components and systems. He explains Rocket Lab can compete for programs and still win business supplying others, because the company is diversified across a portfolio, not one single path. Michele asks about SpaceX comparisons, lunar landers, hypersonics, and the biggest milestone to hit next. Beck says Rocket Lab leads small launch, but he views the companies as pursuing different paths, and reiterates Neutron is mission-enabling, not the only driver—there are multiple needle-movers across the organization. Beck closes with a message to the community and a personal note: he is living his childhood dream—building the machines, not riding in them—and his goal is to build a multi-generational, super large, global space company. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps 00:00 - Welcome Peter Beck 00:26 - Artemis II solar cells 01:03 - Full stack vision 01:31 - Neutron Q4 target 02:15 - Launch reliability first 02:49 - “I hate launch day” 03:14 - Archimedes test gauntlet 04:18 - Own services layer 04:46 - TAM: 320B to trillions 05:45 - Picks and shovels model 06:21 - Biggest growth obstacles 06:40 - Methodical capability build 07:44 - Rocket Lab vs SpaceX 08:08 - Small launch advantage 09:08 - Lunar lander question 10:01 - Hypersonic Neutron idea 10:58 - Biggest 12-month milestone 12:11 - Electron success and backlog 12:53 - Message to long-term holders 13:49 - Childhood dream story 15:27 - Wrap

It’s World Quantum Day on StocktwitsTV, and Michele Steele sits down with two quantum CEOs to talk about what’s happening now, not someday. INFQ CEO Matt Kinsella starts with a headline that sounds like sci-fi: his company’s quantum hardware is on the International Space Station, with an upgrade arriving via a Northrop Grumman mission. He explains why quantum in microgravity matters, how space becomes a proving ground for real applications, and why space-based quantum sensing can unlock new measurement capabilities. Michele then pivots to defense, where Matt describes accelerating procurement interest in quantum sensing and GPS-denied navigation, plus how quantum atomic clocks can expand beyond a replacement cycle into entirely new markets as GPS vulnerability rises. He closes with the two metrics he wants investors to watch: hitting revenue guidance and advancing logical qubits. Next, Michele speaks with Quantum Computing Inc. CEO Dr. Yuping Huang about QUBT’s focus on room-temperature, integrated quantum devices designed to reduce cost and operating overhead. He discusses “network-ready” quantum communications that can be plugged into existing fiber infrastructure, a pilot access and revenue-share model through the Chicago Quantum Corridor, and how recent acquisitions strengthen QUBT’s ability to build smaller, packaged quantum products with in-house lasers, detectors, electronics, and optical packaging. Finally, they address the urgency around security as AI tools expose vulnerabilities, and why that can accelerate adoption timelines for quantum-secured communications. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters 00:01 - World Quantum Day 00:28 - Artemis splashdown link 00:55 - INFQ hardware docks 01:42 - Why space quantum 01:59 - Microgravity advantage 02:41 - Gravity mapping mission 03:26 - Space sensing future 03:39 - Space data impact 04:21 - QGG pathfinder plan 04:51 - Defense pivot question 05:09 - Quantum clock use 05:34 - Defense urgency rises 06:57 - Procurement accelerates 07:11 - Contract status check 07:15 - $11M award 07:21 - Clock market size 08:43 - GPS denial expands 09:23 - Modalities showdown 09:51 - Neutral atoms case 10:18 - Freezing at room-temp 11:37 - Deployment economics 11:53 - INFQ milestones 12:09 - Revenue guidance 12:43 - Logical qubits target 13:10 - INFQ wrap 13:40 - QUBT differentiator 00:12 - Room-temp devices 01:06 - QKD live demo 02:12 - Plug into fiber 02:50 - Chicago corridor pilot 03:20 - Access revenue model 05:26 - Acquisition discipline 06:16 - Luminar benefits 07:43 - NewCrypt value 09:13 - AI vulnerability urgency 11:06 - Adopt security now 13:17 - Message to holders 14:46 - Roadmap unchanged 15:23 - Revenue outlook 15:45 - New products ahead 16:03 - Closing remarks

Welcome into StocktwitsTV. Michele Steele is joined by Evan Medeiros, founder of TradeRisk and a full-time trader, to map out what’s real in this rally and what’s just noise. Evan’s base case has been sideways, volatile, and frustrating, but he upgrades the forecast slightly after seeing semiconductors attempt new highs. He says that strength matters because chips are an influential group after a rough first quarter for tech. From there, Evan runs through his watchlist: Space: He thinks SpaceX IPO hype is putting a magnifying glass on the whole space complex, lifting names like Planet, Rocket Lab, and AST. Since he’s not a space specialist, he prefers broad exposure through the UFO ETF to participate in the trend while staying cautious about unprofitable single names. Biotech: Evan says biotech has gone nowhere for years, creating pent-up energy as valuations look attractive. He highlights tailwinds like the GLP-1 wave, a patent cliff, and rising acquisition premiums, and he prefers playing the theme through XBI rather than picking single stocks. Tesla: He calls it a “hold your nose” buy driven by timing, positioning, and washed-out sentiment. After years of flat performance and a major correction from highs, he frames Tesla as an asymmetric bet tied to autonomy and other long-term optionality, while managing risk by selling calls against the position. Cloudflare: Evan’s favorite software name. He argues Cloudflare acts like a tollkeeper on internet traffic, and that an agentic AI future increases the value of that positioning. He views NET as a relative strength leader in software, even as the broader sector has been under pressure, and he also uses covered calls to manage the position. He closes with one thing to watch: whether semiconductors can close the week at weekly all-time highs, which would strengthen the bull case. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps 00:03 - Evan joins StocktwitsTV 03:34 - Rally real or head fake 03:59 - Semis signal strength 04:39 - Tech drawdown context 05:08 - SpaceX hype lifts space 06:11 - UFO ETF approach 07:07 - Space stocks breaking out 08:24 - Why broad exposure 08:54 - Biotech setup begins 09:26 - XBI and IBB framing 09:55 - Five years flat 10:19 - Tailwinds and valuations 11:09 - Patent cliff and M and A 11:35 - AI speeds drug development 12:03 - Biotech breakout call 12:41 - M and A premium angle 13:23 - Tesla “hold your nose” 14:13 - Sentiment and positioning 15:34 - Four years of waiting 16:04 - Asymmetric upside thesis 17:55 - Tesla as call option 20:45 - Covered calls risk control 21:25 - Cloudflare case 22:51 - NET vs software strength 23:35 - AI agents tollkeeper thesis 24:58 - NET down day context 25:24 - Buying level question 25:47 - Managing with covered calls 26:29 - Week ahead idea 26:52 - Watch semis weekly close 27:26 - Where to find Evan

We’re hours away from the Artemis II splashdown, and space sentiment is surging on Stocktwits. Michele Steele sits down with Yuri Khodjamirian, CIO at TEMA ETFs and portfolio manager of the brand-new NASA ETF. Yuri explains why TEMA built NASA as a “pure play” space fund—and why he believes it’s impossible to have a real space ETF without SpaceX. They walk through how the fund gets SpaceX exposure through a private structure (within the ETF’s private holding limits), what happens if SpaceX goes public, and why the ETF wrapper still matters even when investors can eventually buy SpaceX shares directly. Then they break down key portfolio themes: diversified launch providers, next-gen satellite communications, lunar infrastructure, and under-the-radar global suppliers that feed the space buildout. Michele also hits the big names retail is trading—AST SpaceMobile, Rocket Lab, and Intuitive Machines—plus why NASA intentionally avoids “old space” holdings like Boeing in favor of forward-looking space economy fundamentals. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps 00:00 - Artemis II hype 00:24 - NASA ETF intro 01:15 - Why launch now 01:41 - Pure play rules 02:03 - Why SpaceX matters 03:15 - SpaceX via SPV 04:29 - What happens at IPO 05:40 - Why ETF wrapper 05:53 - Diversify beyond SpaceX 06:48 - Global suppliers theme 07:26 - AST SpaceMobile case 09:13 - Rocket Lab role 10:23 - Intuitive Machines view 11:07 - Lunar economy thesis 12:10 - Revenue pillars model 12:44 - New vs old space 14:37 - Europe launch push 15:17 - Why OHB matters 16:45 - Why no Boeing 18:39 - What to watch next 19:01 - SpaceX IPO watchlist 20:29 - Wrap and ticker

Comedian Nathan Macintosh ("Money Never Wakes," "Down With Tech") joins Michele Steele on StockTwits TV ahead of the Cashtag Awards presented by Polymarket, live from the floor of the New York Stock Exchange on May 4th. Nathan doesn't hold back. From growing up without money and teaching himself financial literacy, to why public schools never prepared any of us for the real world, this conversation digs into why money remains one of the last true taboos — right up there with politics and religion at the dinner table. Then things get spicy. Nathan and Michele tackle the Elon Musk question nobody seems to be asking: what is he actually doing right now? Nathan, who quit Twitter the moment Elon bought it, weighs in on Cybertrucks taking up two parking spots in Halifax grocery store lots, the chainsaw stage moment, and whether Elon jokes even land anymore. Plus: why Nathan refuses to use AI to write jokes, the chilling story of an AI threatening to email a user's wife if shut down, why Gen Z is bringing back dead malls and physical DVDs, and what happens when Amazon decides the book you "bought" no longer exists. Honest, hilarious, and a little horrifying, this is the tech and money conversation you didn't know you needed. 🗳️ Vote in the Cashtag Awards before April 9th: cashtag.stocktwits.com 🎤 Catch Nathan Macintosh live at the Cashtag Awards — May 4th at the NYSE #NathanMacintosh #StockTwits #CashtagAwards #stocktwitstv  Chapters: 00:00 Welcome & Cashtag Awards 2026 01:25 Why tech and money make Americans panic 02:45 Money as the last taboo at the dinner table 04:15 Growing up without financial literacy 05:00 Terry Fox appreciation moment 06:30 "Period X" — the optional class on paying bills 07:00 Elon Musk: from Mars rockets to chainsaws 10:00 Are Elon jokes still funny? 11:00 The Cybertruck in a Halifax snowbank 13:00 AI is funny… until it threatens to murder you 14:45 Why a comedian will never use ChatGPT 16:15 Gen Z, dead malls, and the DVD comeback 17:30 Wrap-up

Breaking news hits and Michele Steele is joined by Cem Karsan to map the geopolitics, vol structure, inflation regime, and the market microstructure driving today’s move. Cem explains why he sees this as a broader global conflict centered on oil dominance, the petrodollar, and control of the Strait of Hormuz, with China and Russia as the real adversaries rather than Iran itself. He argues it is not a black swan and that the pressures behind it have been building for years, feeding into structural inflation and high leverage risks in private credit and private equity. They break down why markets can fall in “stair steps” with vol compression, why the index can be down modestly while dispersion explodes across single names, and why today’s end of quarter options mechanics can overpower headlines. Cem walks through a major recurring JP Morgan hedge roll, at-the-money zero DTE gamma, and how those flows can create violent intraday swings and vol compression. Cem also discusses a dispersion setup in SLNO and closes with a blunt message: fundamentals are awful, hedges are not working, and the environment can bleed dip buyers with sideways action followed by sharp down moves, potentially pushing the market far lower into late summer or early fall. #stocktwitstv  Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters 00:00 - Breaking headline hits 00:57 - Cem: precisely on schedule 01:26 - This is about China 02:06 - Hormuz and petrodollar 03:25 - Stair step decline 03:55 - Vol implosion explained 04:29 - Forecast scorecard 05:02 - More vol compression 05:59 - Midterm year parallels 06:55 - Not about black swans 08:48 - Control oil to China 10:14 - US energy independence 10:57 - Best case unlikely 11:55 - Resolution is not resolution 15:26 - Quarter end options flows 15:55 - JP Morgan hedge roll 16:54 - Zero DTE gamma magnet 18:48 - Flows over headlines 20:06 - SLNO dispersion pick 21:56 - Cash flow math 23:58 - Fundamentals are awful 25:53 - Sell rips, stair steps 26:52 - Down 25 to 35% target 27:31 - Buckle up, be water

Welcome into StocktwitsTV. Michele Steele marks the return of Ben Cahn, and it’s equal parts market talk and comedy. Ben explains why he came back: the StockTwits community is active, finance entertainment is ripe for disruption, and he wants a show that bridges younger and older audiences without being a constant cheerleader. They get into the weird rhythm of recent markets, where weekend narratives flip by Monday, and Ben admits he has no clean read on how any of this ends, even if he’s ruling out nukes. Then Michele opens the fan mail bag: Ben’s path from Vine and social media to meeting creators, getting pulled into podcasting during the meme stock era, and why timing matters. He also clears up a misconception: he doesn’t manage other people’s money, and he breaks down how prop trading works. The whole thing closes with internet pain, Spectrum roasting, and a reminder to be nice to customer service reps. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps 00:01 - Ben returns today 00:22 - Why come back 01:19 - Finance “prestige TV” 02:00 - Market drama supply 03:14 - Internet native vibe 04:40 - Reverse indicator tweet 05:28 - Weekend narrative loop 07:19 - How does end 08:14 - Doom or overblown 09:12 - No one says no 10:49 - Nukes ruled out 11:16 - Fan mail time 11:38 - Origin story 12:28 - Podcast break 13:35 - No client money 14:14 - Prop trading explained 15:26 - Past “professional” jobs 16:15 - Spectrum meltdown This episode explores market manipulation and the potential effects of market swings. They also discuss dispelling myths about the money manager role and the basics of investing.

Welcome in everybody to Episode 5 of Talkin’ Tickers. Joey Solitro is joined as always by Brad Freeman, aka StockMarketNerd. Baseball’s back, the seasonal depression is allegedly over in Detroit, Michigan’s got teams cooking… and we’re getting right into it. Today we’re breaking down three stocks in both of our coverage universes: Mercado Libre (MELI) — the “Amazon minus AWS” comp, and why the company’s choosing growth and land grab over near-term margin optics (plus how Mercado Pago is turning into a real Nubank-style competitor). Celsius (CELH) — insane growth, but the market’s asking the hard questions: acquisition digestion, shelf-space reality, and the Costco playbook (including the Kirkland lookalike situation). The Trade Desk (TTD) — the former FinTwit darling that can’t stop catching heat: Amazon DSP “free bake-offs,” agency drama, platform rollout problems, and why the valuation looking cheap doesn’t automatically make it a buy. We keep it fundamentals-first, talk what matters, and we’re not sugarcoating the ugly parts — especially on TTD. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters: 00:00 - Intro: Episode 5, Detroit weather, baseball is back 01:01 - Michigan shoutouts + quick tournament talk 01:48 - Today’s lineup: MELI, CELH, TTD 01:55 - Mercado Libre overview: “Amazon minus AWS” + why it matters 03:48 - MELI stock performance + earnings snapshot reaction 04:40 - Why margins are pressured: logistics, fees, competition, FinTech build 07:52 - Mercado Pago: PayPal comp is outdated, Nubank competitor vibes 09:42 - E-commerce + credit cross-sell advantage 10:37 - MELI valuation: why Joey initiated a position 12:15 - Brad’s MELI valuation take: investing now, leverage later 15:24 - Transition: from MELI to Celsius 16:37 - Celsius overview: simple business, complex taste cycles 17:12 - Joey’s Celsius history + brand/acquisition context 18:40 - Rockstar and distribution angle 19:40 - Costco Kirkland private label fear 20:53 - Celsius discussion: why consumer brands are hard 24:25 - Celsius wrap: growth slowing and “better elsewhere” 25:30 - Transition: The Trade Desk as the value-trap king 26:18 - Trade Desk overview: buy-side vs walled gardens + open internet 28:33 - TTD performance and Netflix hype aftermath 29:31 - Amazon DSP “free bake-offs” pressure 32:51 - Agency drama: Publicis audit claims + why it matters 36:08 - More issues: take-rate pressure, CFO churn, platform rollout wounds 38:09 - TTD valuation: cheap… but can you trust estimates? 41:50 - Joey wrap: why “cheap” isn’t enough without execution 43:20 - Episode recap: MELI, CELH, TTD 44:03 - Closing: “Happy Monday and go blue”

Welcome back to StocktwitsTV. Michele Steele is joined by Garrett Baldwin, economist and author behind the Substack Me and the Money Printer and Postcards from the Edge of the World, to explain what happens when global liquidity tightens. Garrett anchors the discussion to the Four Horsemen framework: central bank liquidity, collateral multipliers and volatility, the US dollar, and oil prices tightening together. His message is simple: dominoes don’t have to fall fast, they just have to fall in the same direction, and liquidity sits upstream of everything. They walk through the chain reaction: oil impacts bonds, bonds impact inflation expectations, that affects collateral quality in repo and refinancing markets, and tighter credit ultimately pulls capital out of equities. Michele asks what gets hit first, and Garrett points to areas that rely on refinancing and credit access, including insurance exposure tied to private credit and lingering commercial real estate issues. Garrett also shares what his screeners are showing as relative strength, then revisits private credit, why he still rates it a seven, and why these problems can start quietly before they cascade. To close, he gives traders two key tools: a VWAP standard deviation setup for short-term reversion trades, and a bigger-picture bottom signal that shows up repeatedly in history: policy accommodation paired with widespread insider buying happening all at once. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters 00:00 - Insider buying cluster 00:17 - Garrett joins show 00:35 - Four Horsemen tighten 01:21 - Dominoes fall together 02:15 - Momentum turns negative 02:54 - Liquidity drives markets 03:27 - Credit leaves equities 04:06 - War and oil shock 04:31 - What breaks first 04:55 - Private credit exposure 05:13 - CRE refinancing risk 05:32 - Regional bank stress 05:59 - Screeners show strength 06:41 - Private credit is seven 07:29 - Why it’s misunderstood 08:16 - Quiet then cascade 09:35 - Refinancing and crowding out 10:26 - Cash button signals 11:07 - VWAP deviation setup 11:56 - What bottoms markets 12:56 - Policy plus insiders 14:30 - Everyone buying together 15:09 - Contrarian shot

Welcome into StocktwitsTV. Host Michele Steele sits down with Swarmer CEO Alex Fink as the stock trends on Stocktwits a week and a half after the IPO. Fink explains Swarmer’s core product: software that lets drones fly autonomously and operate together in large swarms, so one person can set a mission, pick assets and targets, define rules of engagement, and deploy without being a qualified pilot. He shares the company’s early milestones, including a first Ukraine customer contract, combat deployment, and more than 100,000 missions flown on different hardware. Michele presses on the missile math problem and how Swarmer’s approach changes the economics of intercepting and defending against large numbers of incoming drones. Fink argues the new reality is about scale, reassignment, and interoperability, not just firing expensive interceptors one by one. They also cover why demand can persist even if a specific conflict cools, plus the broader definition of drones across air, sea, land, and underwater systems. In investor Q and A, Fink compares Swarmer’s vendor-agnostic Microsoft model to vertically integrated stacks, and frames the moat as a data flywheel from real-world deployments plus interoperability across many hardware types. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters 00:00 - Swarmer origin story 00:14 - IPO week reaction 00:37 - Post IPO valuation 01:30 - What Swarmer sells 01:50 - One operator 100 drones 02:14 - Early traction timeline 02:39 - Ukraine contract milestone 03:02 - Missile math explained 03:26 - Cheap drone advantage 04:16 - Interceptor economics 05:03 - Swarms reassign targets 05:46 - Demand beyond Ukraine 06:52 - Non military use cases 07:44 - What counts as drones 08:32 - Competitive landscape 09:47 - Microsoft vs Apple model 10:44 - Can primes copy 11:29 - Data flywheel moat 12:14 - Interoperability edge 12:37 - Conflict impact question 13:20 - Removing pilot bottleneck 14:12 - Backlog and wrap

Welcome into StocktwitsTV. Michele Steele is joined by Yale professor Jeffrey Sonnenfeld, author of Trump’s Ten Commandments, Strategic Lessons from the Trump Leadership Toolbox, for a blunt conversation about how Trump operates and why markets react the way they do. Sonnenfeld says one of the biggest mistakes people make is underestimating Trump. He describes him as pragmatic, fast-learning, and intensely focused on keeping score through financial markets, from stocks to debt to energy. Michele and Sonnenfeld break down “the wall of sound” and how rapid-fire controversy and repetition can shape attention, as well as how traders can think about timing, especially the way Friday messaging can set up Monday market corrections. They also discuss whether monitoring Truth Social has become part of modern investing, Sonnenfeld’s view on Trump’s preference for conflict over coalition, and the “TACO” framing of opening salvos as aggressive threats that often get walked back to something that looks better by contrast. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters: 00:18 - Intro: Jeff Sonnenfeld joins 00:52 - What people get wrong 01:27 - Pragmatist, not ideologue 02:50 - Don’t underestimate Trump 03:37 - Wall of sound strategy 04:11 - Repetition and distraction 04:40 - Trump keeps score 05:50 - Friday message pattern 06:29 - Trading the timing 06:59 - Follow timing, not claims 08:24 - Oil, debt, inflation risks 09:47 - TSA funding fight 10:38 - Coalition vs conflict 11:04 - Why he wants foils 12:47 - TACO question 13:34 - Pride and expediency 14:09 - Cornered behavior 14:36 - Intimidation negotiation 16:25 - Middle East reality 16:37 - Abraham Accords angle 17:11 - Wrap and book plug

Welcome into StocktwitsTV. Michele Steele sits down with Shay Boloor after Nvidia GTC to answer the question retail traders keep asking: if Jensen is talking about demand doubling and trillion-dollar numbers, why isn’t the stock up 10 percent? Shay explains the issue is not demand. It’s the timeline and spend velocity. He says the market wanted more specificity on how fast the spending curve accelerates, especially as AI moves from training into inference, where token economics may spread across more architectures and create a bigger second tier. He argues Nvidia is doing what it needs to stay the leader in the inference era, but the market still lacks clean visibility into how efficiency gains and lower token costs translate into revenue density and pricing power. Michele then asks what breaks Nvidia out of a rangebound tape. Shay’s answer: consumer products. He says enterprises are deploying AI, but consumers still don’t have true AI-native products that flip the narrative, and he frames physical AI as a massive catalyst for Nvidia, just not this year. The conversation closes on Micron, which Shay calls a key AI bottleneck trade. He breaks down why memory pricing power looks durable, why HBM4 production matters ahead of Micron earnings, and why the stock’s low multiple can be read two ways. He says the tell is margin resilience and guidance, with gross margin expectations climbing to levels that would be unheard of in a typical memory cycle. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ #stocktwitstv  Chapters / Timestamps 00:01 - Michele tees up Nvidia GTC and the NVDA frustration 00:25 - Why isn’t Nvidia up 10 percent after Jensen’s comments 01:02 - The market wanted more clarity than the headline number 01:25 - Inference economics are the new uncertainty 02:19 - Token costs, efficiency gains, and revenue density risk 03:15 - It’s the timeline and spend velocity the market wants 04:21 - AI moves from training to deployment and turns macro 04:50 - If AI replaces seats, the economy can feel pressure 06:04 - What breaks NVDA out of rangebound trading 06:12 - Shay’s answer: consumer products must show up 07:02 - Physical AI as catalyst, but likely later 07:29 - Nvidia as risk-off AI exposure at lower multiple 08:25 - Opportunity cost and looking for other bottlenecks 09:24 - Physical AI cannot be rushed 09:56 - Transition to Micron as AI backbone 10:38 - Micron setup: pricing power vs cyclicality debate 11:17 - HBM4 ramp and sold-out visibility into 2026 12:01 - Why Micron can be a safe haven, but not risk free 12:43 - Two ways to read Micron’s low multiple 13:34 - What matters most: margin resilience and guidance 14:27 - Gross margin expectations climb into unheard-of territory 14:56 - The upside case and the risk of timing the cycle 15:24 - Closing thoughts and price target mention

Welcome back to Episode 4 of Talkin’ Tickers — chaos weather, chaotic markets, same vibe. We kick it off with Meta and the Reuters layoff report: is Zuck heading toward Year of Efficiency 2.0 to fund AI capex? And bigger picture… when do layoffs go from “bullish” to “uh oh” for the consumer? Then we pivot to ServiceNow. Stock’s down hard, fundamentals look fine. We break down what NOW actually does, why “workflow + proprietary data” matters in an AI world, and why software has been getting sold first and questions asked later. Finally, we hit HIMS — the name you can’t criticize without getting jumped in the replies. We talk the Novo Nordisk deal, what it changes, what still needs to improve (subscriber growth), and why the risk/reward looks way more realistic now than it did at the highs. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapter Timestamps (dash format) 00:00 - Episode 4 intro + Brad’s back home 00:30 - Meta layoff rumor to fund AI spend 01:18 - Brad’s take: capex priority + bottom line guardrail 02:54 - When do layoffs flip from good to bad? 03:53 - Unemployment becomes the key macro signal 06:21 - ServiceNow setup: Rule of 40 and hiring minimally 07:11 - What ServiceNow does + “AI watch tower” orchestration 08:46 - NOW stock down big despite strong quarter 09:14 - Valuation looks weird: trailing vs forward multiples 10:06 - Brad’s valuation approach: GAAP earnings + free cash flow 11:02 - Is NOW just caught in the software meltdown? 11:37 - Brad: sentiment-driven selling + proprietary data advantage 15:52 - “Stock broken, business isn’t” and the software bloodbath 19:30 - HIMS intro: cult stock + why it’s polarizing 20:06 - What HIMS does: direct-to-consumer healthcare marketplace 20:58 - The drawdown: $70 highs to the mid-20s 22:18 - Novo deal changes the setup + subscriber growth issue 25:49 - Peptides discussion + big pharma stranglehold risk 28:00 - How Brad values HIMS: plain GAAP net income 30:14 - Wrap + where to find Brad

Episode 3 is live — and we’re ripping through three names with very different vibes. First up: Amazon. Everybody knows the marketplace and AWS… but Brad’s flagging two segments that could get way more attention in the coming years: Zoox (autonomous taxi) and Kuiper (satellite internet). Then we hit why the stock’s been sluggish, what’s actually holding it back, and why the valuation conversation gets interesting when you look at EBIT. Next: Lemonade. Joey uses it for homeowner’s insurance, and we get into what the company actually does, why the “AI-native” buzzwords might be legit here, and the insurance metrics that matter (yes, the acronyms are annoying). And then Joey tries to do what he promised: pitch a stock from his universe that Brad should add to his coverage… Reddit. We talk web traffic, ad targeting, ARPU growth, the LLM licensing angle, and the bear case risks you’d actually want to think about. Drop a comment with what ticker you want on the next episode — and if you want Brad to deep dive Reddit, you know what to do. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ #talkintickers Chapter Timestamps 00:04 - Welcome to Episode 3 + what we’re covering 00:57 - Amazon breakdown: marketplace + AWS 01:40 - The segments people forget: Zoox + Kuiper 03:03 - “Amazon stalking in the background” (Zoox/Kuiper vs the usual names) 04:02 - Amazon stock performance + why 2025 felt disappointing 05:18 - What’s holding AMZN back: CapEx + concentration worries 06:31 - Amazon AI monetization signs (Rufus, Connect) 07:24 - Robotics + fulfillment efficiency + the “infrastructure then apps” cycle 09:14 - Amazon’s long game: turning expenses into revenue streams 10:10 - Valuation talk: earnings vs EBITDA vs EBIT 10:34 - Brad’s stance on Amazon’s valuation (EBIT growth framing) 12:33 - Key risks to watch: OpenAI reliance + consumer buying power 13:22 - Lemonade intro: what the company actually does 14:28 - Lemonade chart history + why it caught the AI wave 16:33 - Lemonade earnings: the insurance metrics (IFP, GEP, GLR) 17:43 - What drove the drop: sentiment vs fundamentals 20:14 - Why Lemonade’s AI claims look real (OpEx scaling + LAE) 24:06 - Joey’s real Lemonade user experience (and why it feels different) 27:09 - Joey’s Reddit pitch: what it is and why advertisers love it 29:56 - Reddit numbers + valuation framing 32:09 - LLM licensing angle + incremental profitability debate 34:30 - Brad’s risk checklist (commoditization + platform dependence) 36:46 - Reddit web traffic rank talk + why the product works 39:22 - Brad’s takeaway: “Yeah… it’s exciting” + deep dive tease 40:29 - Wrap: where to follow Brad + what’s next

Oil just ripped from about 79 a barrel a week ago to nearly 120 at the peak, and Michele Steele sits down with Hardika Singh, economic strategist at Fundstrat, to explain what is happening and why investors should care. Hardika walks through the sequence of shocks investors have faced this year and why oil is the third major surprise. They focus on the Strait of Hormuz, where about 20 percent of the world’s oil passes through, and why the US is more insulated thanks to shale and exports, but still exposed through the cost of imported goods if Asian producers face higher energy prices. They also break down the inflation and Fed problem. If oil remains elevated, inflation can re accelerate, which makes it harder to argue for rate cuts, especially if leadership pressure pushes in the opposite direction. Hardika adds historical context, saying geopolitical events often hit markets in the short term but tend to fade over the long term, and that buy the invasion sell the rumor has worked in most past conflicts. The catch here is that a prolonged disruption through Hormuz would be a true black swan, and that is when prior records can get tested. Finally, they discuss what Wall Street understands that Main Street often misses: pump prices usually lag futures, but the move can still show up as meaningful increases at the pump. Hardika shares the single number she is watching to gauge whether this gets better or much worse: the prior Brent record near 147. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ #stocktwitstv  Chapters 00:00 - Oil spikes from 79 to nearly 120 00:25 - Why oil is the third big shock of the year 01:17 - US strikes Iran and supply fears surge 01:43 - Oil feeds inflation and other commodities 02:01 - Strait of Hormuz context and why investors should care 02:22 - 20 percent of global oil passes through Hormuz 02:48 - How higher oil abroad hits US imports and inflation 03:16 - Fed policy mismatch risk if oil rises and rates fall 04:11 - How big is this disruption versus history 04:28 - Why geopolitics fades over the long term 05:11 - Buy the invasion sell the rumor pattern 05:36 - How long prices stay high depends on expectations 06:23 - What could cool prices: escorting ships through Hormuz 06:52 - Why a prolonged closure is a black swan 07:52 - Wall Street vs Main Street: what people miss 08:26 - Pump prices lag futures, but increases are coming 09:00 - Why 5 dollar gas matters for consumers 09:47 - Weak job growth and consumer spending risk 10:38 - Gas as a tax and why consumer spending matters 11:08 - One number to watch: prior Brent record 11:45 - 147 a barrel level and what it would signal 12:42 - Wrap and what to monitor next The recent surge in crude oil prices, jumping from $79 to nearly $120 a barrel in just one week, highlights significant volatility in commodity markets. This drastic increase, largely influenced by the ongoing iran war in the middle east, raises concerns about a potential supply shock. Experts are warning that these higher gas prices could reignite inflation and complicate future interest rate decisions.

Welcome back to StocktwitsTV on the road. Host Michele Steele is joined by Michael Parekh, ex Goldman and author of the I Return to Zero Substack, to break down Nvidia earnings as the numbers hit. Nvidia delivered a massive quarter with revenue coming in at $68 billion and record data center revenue of $62 billion. The market immediately shifted to the April quarter guide, where Nvidia forecast Q1 revenue of $76.4 to $79.5 billion, beating expectations by several billion dollars. Michael’s takeaway is simple: the AI infrastructure ramp is not slowing, it is compounding, cutting through a wall of worry around bubbles, demand, and the broader AI narrative. They dig into what is actually constrained in this cycle. Michael says the entire AI data center stack is in short supply for the next year or two, from GPUs to memory chips, and he flags power as another critical input the tech industry does not fully control. Michele asks about gross margins, which came in at 75 percent, and Michael explains why Nvidia, like Apple, sits at the front of the line at Taiwan Semiconductor, giving it more flexibility than competitors, even as demand remains broad enough that multiple players can benefit. Finally, they discuss how this beat could impact the broader sector. Michael expects sentiment to stay volatile but rejects the idea of a software apocalypse, aligning with Jensen that the selloff logic is wrong. He highlights Jensen’s message that computing demand is growing exponentially and that the agentic AI inflection has arrived, pointing to real traction in tools like Claude Code and newer open agent frameworks that expand what chips can enable across industries. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters and Timestamps 00:00 Intro 00:58 Nvidia quarter: $68B revenue, $62B data center record 01:32 Q1 guide: $76.4 to $79.5B and what it signals 02:18 Demand “off the charts and sold out” plus memory stack impacts 02:41 Power as the other key bottleneck 03:04 Gross margin 75 percent: peak or durable 03:25 Supply chain advantage at Taiwan Semiconductor 03:44 Competitors and why it is not zero sum 04:08 Hyperscaler CapEx and diminishing returns debate 05:03 Why GPUs still take the bulk of spend, memory rising but smaller on data centers 05:51 NVDA after hours reaction 06:12 Demand runway: limited for 1 to 3 years, secular turn 07:13 Chatbots to agents: why compute needs go 5x to 10x 08:08 Valuation ceiling question and the post Blackwell roadmap 09:15 Pickaxes and shovels: why investors extrapolate to 2030 09:58 Jensen and the software selloff: “illogical” 10:26 Volatility and the wall of worry 11:10 Why the software apocalypse thesis is wrong 11:55 Bottom up understanding: what these tools enable 12:23 Jensen quote: computing demand exponential, agentic inflection arrived 12:42 Why agentic is now practical 13:08 Claude Code traction and exponential adoption 13:56 Why Jensen’s words carry more weight 14:30 Open source agents and OpenAI acquisition mention 14:51 Wrap and Michael Parekh plug

We’re 24 hours out from Nvidia Q4 earnings, and Michele Steele sits down with Shay Boloor to break down what really matters for the AI bellwether. Shay calls it the Super Bowl of earnings and makes the case that Nvidia is the foundation for the entire AI cycle, no matter where the narrative swings. Then he gets specific on what could move the stock from a six-month range: China and H20 chip commentary, Blackwell timing and “pause” fears that may be normal upgrade behavior, and why the market still isn’t fully pricing the long-term China opportunity. They also dig into what’s next for Nvidia beyond the obvious: inference as the bigger opportunity over time, the opening for second-source suppliers as hyperscalers look to reduce the Nvidia tax, and why physical AI and robotics could expand the addressable market as AI moves from the cloud into factories and real-world systems. Finally, Shay explains where money could flow after Nvidia reports, why memory and Micron may matter more than the market expects, and why he’s watching Microsoft’s next CapEx signals as an even bigger catalyst for the AI complex. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps 00:00 - Super Bowl of earnings: Nvidia is “the foundation” 00:25 - 24 hours to NVDA Q4: will it move the market 01:34 - Why “dominance” feels priced in 02:36 - What’s next for NVDA after the rerate 02:55 - China and H20 chips: long-term opportunity, headline risk 03:31 - Blackwell pause fears: upgrade timing vs demand problem 04:08 - China not fully priced: call option framing 05:10 - Why NVDA is only 27x: TPU fears, fatigue, second-source pressure 06:03 - Hyperscalers want a second source: AMD validation 06:51 - What Shay wants most: China, inference, and post-Grok talk 07:52 - Physical AI: robotics, autonomy, Omniverse factory vision 09:23 - CES vibes: factories run by Omniverse and robotics 09:46 - If physical AI gets framed well, does NVDA break out 10:10 - Training vs inference: ROI and permanence argument 11:13 - What-if game: beat and raise scenario 11:44 - Where money flows next: memory and Micron 12:31 - Memory pricing power: character change, not product cycle 13:14 - Pricing passes through: customers vs consumers 14:06 - Does NVDA lift the sector: why Microsoft may matter more 14:58 - AI trade shifting: hardware to software 15:25 - GTC in March: narrative reset vs earnings commentary 16:11 - What matters tomorrow: margins, commentary, status quo 16:52 - Wrap: watch Stocktwits after hours

Three, two, one — welcome back to Talkin’ Tickers, Episode 2. Joey Rockets here with Brad Freeman, aka StockMarketNerd, and we’re diving into four of the most popular retail names through the only lens that matters when the market’s playing whack-a-mole: fundamentals. We kick it off with Meta — the “half the planet is basically logged in” company — and talk the real debate: the CapEx monster, whether the AI spend is translating into monetization and engagement, and why Meta can still snap its fingers and become a free cash flow printer if it ever has to. Then it’s Palantir… and yeah… the company’s a monster, the numbers are a masterpiece, and the valuation is absolutely unhinged — so we get into what has to go right from here, why “valuation-only” bear cases can get you sent to the shadow realm, and why being bullish on the company can still mean being neutral on the stock. After that, we cool the brain down with something simple: Nike. Inventory cleanup, discounting scars, wholesale partner relationships, and why this might be a “green shoots first, chase later” setup if the turnaround keeps stacking proof. We wrap with Lululemon — the former disruptor that’s feeling disrupted — and talk mindshare, product execution, competition (yes, Vuori and Alo), what it would actually take to re-earn a premium multiple, and why new leadership talk is not enough without receipts. Drop a comment with what you want us to cover next — and if you’re still enjoying this software sell-off… please teach us your ways. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapter Timestamps (formatted per your preference) 00:00 - Intro: Episode 2 setup + the “software sell-off” pain 01:02 - Meta overview: family of apps, Reality Labs, user growth 12:10 - Palantir overview: “digital twin” and what it actually does 15:43 - Palantir valuation: unbelievable company, unbelievable multiple 22:06 - Nike overview + recent performance context 23:43 - Nike bull case: inventory cleanup, wholesale reset, leadership fixes 26:58 - Nike valuation + what needs to show up next 33:09 - Lululemon overview + why the story got harder 36:29 - Competition + mindshare losses (Vuori/Alo/Hoka/On) 38:45 - Lulu valuation + CEO/search + what would change the narrative 42:28 - PayPal takeover tangent (because markets are unserious) 46:04 - Wrap-up: stances on all four names + closing remarks

Opendoor just delivered a monster Q4 beat — and retail investors lit up the Stocktwits stream as the stock ripped pre-market. In this must-watch interview, Opendoor CEO Kaz Nejatian breaks down what actually changed inside the business, why Q1 revenue can drop even as the company gets structurally healthier, and the single metric he says investors should model: contribution margin per cohort.å Kaz explains Opendoor’s cohort-based business model (buy homes, renovate, resell), why most Q4 sales came from inventory acquired before he arrived, and how a massive acceleration in acquisitions takes time to flow into revenue. He also shares surprising details on how AI is transforming execution speed at the company — including a mind-blowing stat on how much code was produced in eight weeks — plus commentary on profitability targets, inventory strategy (1P/2P/3P mix), the mortgage product going live in beta, and why he prefers direct communication over traditional press releases. Sign Up to join Stocktwits! https://stocktwits.com/ Subscribe to Our Channels: Stocktwits: https://www.youtube.com/@stocktwits The best of investing social, news, trends, and community driven market chatter in one place. Cryptotwits: https://www.youtube.com/@CryptotwitsOfficial Crypto news, narratives, and chart talk to keep you ahead of the next big move. True Odds: https://www.youtube.com/@True_Odds-ST Where prediction markets meet sports odds, sharp takes on what the lines are saying, what the market is pricing in, and how real time sentiment can shift the probability. Stocktwits Clips: https://www.youtube.com/@StocktwitsClips Quick hits and the best moments, bite-sized clips you can watch anytime. Boardroom Exclusives: https://www.youtube.com/@BoardroomExclusives Behind the scenes access and exclusive conversations you won’t find anywhere else. Ballpark Figures: https://www.youtube.com/@BallparkFigures-ST Big picture numbers, market context, and the stats that actually matter, made simple. Newsletters: Cryptotwits Newsletter: https://cryptotwits.stocktwits.com/ Your home base for what’s trending in crypto—top stories, heat-check sentiment, and the conversations driving coins, narratives, and the next rotation. Want to know what this means for your money? Follow The Daily Rip 👉 https://thedailyrip.stocktwits.com/ Other Socials: https://linktr.ee/stocktwits_ Chapters: 00:00 - Opendoor interview intro + retail stream reaction 00:36 - Kaz on joining 4 months ago + shipping a feature late-night 01:24 - AI feedback loops accelerating execution 01:47 - AI coding stat: “400,000 lines… only 400 handwritten” 02:11 - Q4 beat vs Q1 guide: addressing the 10% revenue drop 02:35 - Opendoor as a cohort business (inventory matters) 02:56 - Why Q1 inventory is lower + 300% acquisition ramp timing 03:46 - What matters more than revenue: contribution margin 04:11 - Monthly contribution margin improving since September 04:35 - October 2025 cohort: best ever (even ex-macro) 05:50 - Institutions moving in + profitability talk (Q2) 06:15 - Why Kaz doesn’t watch the stock price 06:59 - Kaz’s $1 salary + being “levered” to the stock 07:24 - Under-promise/over-deliver philosophy 08:14 - Why adjusted EBITDA isn’t the best health metric 09:07 - Macro/rates discussion + CEO comments on the Fed 11:22 - Staying out of politics; focus on building a company 12:29 - Housing demand unlock if mortgage rates fall 12:56 - “Macro hard is good” mindset + not relying on rescue 14:06 - Opendoor 2.0: capital-heavy to more asset-light vision 15:06 - Why Opendoor believes machines can price unique assets 16:30 - The core question: humans vs machines pricing homes/cars 18:33 - Retail Q1: Canada expansion? (not soon) 19:45 - Retail Q2: app rebuild / UX makeover plan 21:24 - Retail Q3: break-even volume (homes/month) 22:11 - Inventory mix: 1P vs 2P “Cash Plus” vs 3P platform 23:27 - Mortgage product: live in beta 24:38 - Shareholder communication + “no press releases” stance 27:00 - What to watch: contribution margin per cohort 28:12 - DJ question + Opendoor “album” story 29:02 - Wrap Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

The SaaSpocalypse isn’t just a selloff — it’s a full repricing of traditional SaaS as agentic AI changes how software gets bought. Michele Steele sits down with Shay Boloor to break down the “seat to stack” rotation: money isn’t necessarily leaving tech… it’s shifting from seat-based apps (think per-employee pricing) to the layers of the agentic AI stack where incremental value is accruing. They explain why legacy SaaS may survive but gets treated as the “legacy layer,” while the market starts paying up for orchestration, security/identity, connectivity, and data plumbing. Using a clear “legacy layer test,” Shay walks through why some companies are getting punished, why Palantir is being treated differently than seat-based software, and what names he likes across the stack — including CrowdStrike and Rubrik in security, Cloudflare as a connectivity control layer, and what Snowflake and MongoDB need to prove in the data layer. Chapters / Timestamps 00:00 - Intro: Shay on the road (NYC) 00:41 - SaaSpocalypse context + pivot to “agentic AI stack” 01:11 - “Seat to stack” rotation explained 01:29 - SaaS becomes the legacy layer; value moves up-stack 02:30 - Why seat-based pricing gets disrupted by agents 03:13 - Seat vs stack chart: Palantir vs Salesforce 03:51 - Is the rotation permanent? “Painted with one brush” phase 04:19 - Legacy layer test (Salesforce example) 05:53 - Enterprise spend crossover: SaaS vs agentic stack 06:35 - IT spend rises, but profit pools concentrate 07:34 - Why “old app” budgets get cannibalized 08:36 - Security layer: agents create an identity crisis 09:11 - Palo Alto: acquisition-driven transition risks 10:03 - Tier-one security picks: CrowdStrike, Rubrik; Zscaler debate 11:42 - Dream combo: CrowdStrike + Zscaler (framework analogy) 12:25 - “Plumbing layer” and why raw data + pipes matter 12:48 - Cloudflare as connectivity control layer 13:08 - Proof points: agent traffic doubled; RPO acceleration 14:32 - Data layer: Snowflake + MongoDB (opportunity + vulnerability) 15:23 - Snowflake AI-influenced bookings + key metrics to watch 16:22 - MongoDB: database demand + CEO change 17:12 - Wrap: portfolio re-imagining in the agentic era Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

Welcome to episode one of Talkin’ Tickers — a fundamentals-first deep dive into some of the most popular retail names. Joey Solitro sits down with Brad Freeman (StockMarketNerd) to break down five heavily-followed stocks: PayPal, Shopify, SoFi, DraftKings, and Alphabet (Google). They get blunt on what’s gone wrong at PayPal (and why cheap valuation alone doesn’t fix a broken growth engine), why Shopify keeps earning a premium (durable growth + commerce infrastructure positioning), how SoFi blends bank economics with fintech cost advantages, why DraftKings’ volume trends and management credibility matter more than headline revenue, and what changed with Google. This is a fundamentals conversation — focused on business models, growth durability, management execution, and what the market is (and isn’t) pricing in. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters: 00:00 Intro: Talkin’ Tickers begins 00:23 Show format + guest intro (Brad Freeman / StockMarketNerd) 01:39 What StockMarketNerd is (research process + community) 03:09 Stock #1: PayPal (overview + what went wrong) 05:44 Why Venmo/Braintree strength isn’t enough 08:04 Buybacks + potential asset moves 09:02 Why a breakup isn’t simple 10:17 “Value trap” discussion 11:09 Stock #2: Shopify (overview + why it earns a premium) 15:56 How to think about “expensive” compounders 17:53 Shopify’s role in AI/commerce infrastructure 19:13 Shopify as a share taker 19:47 Stock #3: SoFi (overview + business segments) 21:53 Beat-and-raise style + macro discipline 23:41 S&P 500 inclusion question 24:40 How to value SoFi (earnings vs bank vs fintech) 28:04 SoFi bullish posture 30:23 Stock #4: DraftKings (overview + why Brad exited) 32:13 Why volume matters more than revenue noise 33:38 Slowing handle growth + shifting narratives 36:11 Core issue: numbers + management credibility 37:56 Falling long-term estimates signal 38:50 DraftKings: fixable, but work to do 39:09 Stock #5: Alphabet/Google (overview) 42:40 Multiple expansion: “left for dead” to AI leader narrative 46:47 Capex debate + long-term positioning 49:16 Trimming as thesis-played-out risk management 50:20 Wrap + where to find Brad

January’s jobs report looked solid on the surface but the big story is the massive revision to 2025 job creation, which sparked debate over how reliable the labor data really is. With CME FedWatch odds shifting toward rates holding steady in June, we break down which sectors could get pressured if rate cuts get delayed (real estate, homebuilders, REITs, smaller companies that rely on debt, and even consumer discretionary names like Amazon — plus Tesla as yields stay elevated). Then we pivot to the other major theme: AI and the market’s rotation from software into hardware. Marc Andreessen frames the debate — are chips and energy where the value is, and does software get commoditized? We talk through why Micron is reportedly sold out of chips through 2026, while software names like Salesforce and HubSpot have been getting hit and why some investors may be turning impatient only three years into what could be a 30-year AI cycle. We also cover Shopify’s record Q4 revenue ($3.67B, up 31%) and a $2B buyback, yet the stock still dropped as investors focused on margin pressure and AI investment costs. Finally, we tie it together with a simple takeaway: in high-rate uncertainty, investors tend to prefer “tangible” returns and that’s why AI hardware can trade like a perceived store of value versus software that still needs proof points. Sign Up to join Stocktwits! https://stocktwits.com/ Subscribe to Our Channels: Stocktwits: https://www.youtube.com/@stocktwits The best of investing social, news, trends, and community driven market chatter in one place. Cryptotwits: https://www.youtube.com/@CryptotwitsOfficial Crypto news, narratives, and chart talk to keep you ahead of the next big move. True Odds: https://www.youtube.com/@True_Odds-ST Where prediction markets meet sports odds, sharp takes on what the lines are saying, what the market is pricing in, and how real time sentiment can shift the probability. Stocktwits Clips: https://www.youtube.com/@StocktwitsClips Quick hits and the best moments, bite-sized clips you can watch anytime. Boardroom Exclusives: https://www.youtube.com/@BoardroomExclusives Behind the scenes access and exclusive conversations you won’t find anywhere else. Ballpark Figures: https://www.youtube.com/@BallparkFigures-ST Big picture numbers, market context, and the stats that actually matter, made simple. Newsletters: Cryptotwits Newsletter: https://cryptotwits.stocktwits.com/ Your home base for what’s trending in crypto—top stories, heat-check sentiment, and the conversations driving coins, narratives, and the next rotation. Want to know what this means for your money? Follow The Daily Rip 👉 https://thedailyrip.stocktwits.com/ Other Socials: https://linktr.ee/stocktwits_ Chapters: 00:00 Intro + January jobs headline 00:31 130K jobs added; unemployment around 4.3% 01:01 Massive 2025 revision: 584K to 181K 01:19 Are these numbers reliable? 01:59 Shutdown delays + private data (cuts/ADP) vs headline 02:53 FedWatch shift: June “hold” odds jump 03:16 Who gets hurt if rate cuts get delayed? 03:52 Rate-sensitive watchlist: housing, small caps, discretionary, Tesla 04:13 Potential upside: international diversification (UK/Asia) 04:47 AI storyline: rotation from software to hardware 05:14 Marc Andreessen clip: where is AI value accruing? 06:01 Micron sold out through 2026; software names pressured 06:53 Is the market too impatient with software? 07:23 AI disruption question: improve vs obsolete 08:08 “Generational buying opportunity” angle for software 09:32 AI agents + Salesforce seat dynamic 10:42 Shopify: record Q4 revenue + buyback, stock drops 11:32 High-rate market = less forgiving on margins 12:47 Hardware vs software parallels + “store of value” idea 13:39 Micron framed as “gold” of AI hardware 14:19 Crocs pops 20% + lifestyle/identity discussion 15:49 Wrap Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

The S&P keeps hitting fresh highs while the Nasdaq spins its wheels — and that divergence is sending a message about tech leadership in 2026. Shay Boloor breaks down why the “buy anything tech” playbook is getting stress-tested, why software multiples are in a platform transition, and how the AI theme is shifting toward “winner take all.” They also dig into: Palantir’s setup and why it may be in a different category than typical app software, whether state-level data center pauses matter for Nvidia and semis (or if demand just reroutes), a full bull case on Jumia after a volatile earnings reaction, a blunt critique of Michael Saylor’s Bitcoin strategy and how traders view Strategy as leverage, the “Musk economy” narrative around Tesla, and why Google issuing a 100-year bond is more confidence than stress — plus what it signals about AI infrastructure becoming long-duration buildout. Sign Up to join Stocktwits! https://stocktwits.com/ Subscribe to Our Channels: Stocktwits: https://www.youtube.com/@stocktwits The best of investing social, news, trends, and community driven market chatter in one place. Cryptotwits: https://www.youtube.com/@CryptotwitsOfficial Crypto news, narratives, and chart talk to keep you ahead of the next big move. True Odds: https://www.youtube.com/@True_Odds-ST Where prediction markets meet sports odds, sharp takes on what the lines are saying, what the market is pricing in, and how real time sentiment can shift the probability. Stocktwits Clips: https://www.youtube.com/@StocktwitsClips Quick hits and the best moments, bite-sized clips you can watch anytime. Boardroom Exclusives: https://www.youtube.com/@BoardroomExclusives Behind the scenes access and exclusive conversations you won’t find anywhere else. Ballpark Figures: https://www.youtube.com/@BallparkFigures-ST Big picture numbers, market context, and the stats that actually matter, made simple. Newsletters: Cryptotwits Newsletter: https://cryptotwits.stocktwits.com/ Your home base for what’s trending in crypto—top stories, heat-check sentiment, and the conversations driving coins, narratives, and the next rotation. Want to know what this means for your money? Follow The Daily Rip 👉 https://thedailyrip.stocktwits.com/ Other Socials: https://linktr.ee/stocktwits_ Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ 00:00 Seahawks bet + Super Bowl banter 00:43 S&P at fresh highs while Nasdaq lags 01:10 Since Oct 29, 2025: how many S&P ATHs? 01:54 What the divergence is signaling for tech in 2026 02:29 “Penalty box” for CapEx-heavy AI/software 02:55 AI economy: demand vs price action confusion 03:03 Retail rotation into old-economy names 03:27 Structural unwind and “carnage” in secular growth 04:34 Software talk: SNOW, CRM, narrative “vibe shift” 05:16 Software is in a platform transition (multiples reset) 06:41 AI shifts to “winner take all” leadership question 07:42 Palantir as an AI winner — who else joins? 08:00 Palantir chart/support and why it’s “one of one” 09:38 Data center pause headlines: semis/memory bubble fears? 10:35 Local politics vs global data center demand rerouting 12:21 Jumia earnings: revenue/GMV up, stock down — bull case 13:27 Inflection: falling fulfillment cost, low cash burn, path to profitability 15:14 Africa demographics + Starlink connectivity angle 16:09 Michael Saylor on Bitcoin: “digital capital” + keeps buying 17:12 Critique: Saylor and “poison pill” concern 19:00 Strategy as leveraged Bitcoin tool vs long-term investment 20:02 Tesla as a call option on the “Musk economy” 23:13 Speculation + scrutiny: Musk ecosystem and market attention 24:56 Google issues 100-year bond: confidence or top signal? 26:32 AI infra is long-duration buildout; cloud reacceleration 27:43 Why the bond market can underwrite it (cashflow context) 28:06 Wrap-up

Welcome back to StocktwitsTV. Host Michele Steele is joined by Cem Karsan for a macro “jam session” that connects January’s market rotation to a much bigger decade-long regime shift. Cem explains why the first trading day of the year looked like a starting gun, accelerating the move toward what he calls strategic assets in a bifurcated world. In his framework, higher rates and supply constraints create multiple bidders for limited, bottlenecked resources and capabilities, not just commodities, but also areas like chips and defense technology, which can remain convex for a long time. He then lays out why demand-side economics are reasserting themselves in a populist environment shaped by demographics, affordability pressures, and political incentives. He ties that shift to curve steepening, break-evens, inflation dynamics, and a resurgence in areas like consumer staples and other defensives that lagged previously. Michele and Cem also discuss geopolitics through an energy lens, focusing on Venezuela and Iran as incentive-based efforts to limit China’s access to oil and redirect flows, and why Cem believes the market may be overpricing the odds of sustained military conflict and higher oil in the near term if a deal emerges. They wrap with what to watch next month, including fiscal and housing policy signals, long-end rates, and how election cycles can matter more during populist periods. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms and conditions here: https://stocktwits.com/about/legal/terms/ Chapters and Timestamps 00:00 Chicago setup and “mean tweets” intro 01:35 January as signal: as goes January, so goes the year 02:32 The “starting gun” feel and accelerated market action 03:05 Strategic assets in a bifurcated world: bottlenecks and convexity 04:18 Industrial metals, precious metals, lithium and more 04:41 Demand-side economics returns: the structural shift 05:10 Demographics, inequality, and the old-versus-young framing 06:23 Supply-side attempt versus demand-side reality 08:03 Distrust, anger, and the populist feedback loop 09:06 Curve steepening, break-evens, inflation and defensives ripping 10:33 What this implies for the rest of the year 12:22 When the US starts to move: competing for hard assets 13:06 Fiscal spending into midterms: infrastructure and incentives 13:58 Populist periods and election-cycle volatility 15:13 Politics matters more in populist times 15:39 Noise vs signal: parsing the firehose 16:20 Why the cycle intensifies over time 17:56 Affordability, household formation, and dissatisfaction 19:48 Protectionism and global conflict dynamics 22:18 Iran and Venezuela: energy, incentives, and China’s constraints 23:19 China’s energy vulnerability and blockade risk 25:20 Venezuela and Iran as levers on energy flows 27:03 Regional players and shifting Middle East alignment 31:12 Higher odds of a deal versus regime change 33:28 Market mispricing: conflict and oil risk 34:05 Rapid fire: what we may be talking about next month 35:29 Housing policy, fiscal velocity, and inflation risk 36:05 Long end, refinancing cycle, and liquidity draw 36:31 Rough patches and “shooting the generals” 37:15 Buckle up: decade-plus regime shift and wrap

Hey everybody, welcome back to StocktwitsTV. Host Michele Steele is joined by Megan King to break down two huge storylines: the software slump of 2026 and the NFL’s crackdown on prediction market ads ahead of the Super Bowl. First, Michele tees up Jensen Huang’s argument that the idea of AI “replacing” software is illogical, even as heatmaps show a sea of red across major software names. Megan agrees, saying the current drawdown is driven by uncertainty as investors extrapolate a future where autonomous agents compress seat counts and cap pricing power. Her view is that AI does not eliminate software, it rebundles it, and agents still need systems of record, permissioning layers, compliance logic, and workflow orchestration. She expects pressure to continue through Q1 until the market sees stabilizing core revenue, modest seat compression, and AI revenue that is incremental and margin neutral, with a real inflection point coming from tone shifts and visible revenue proof. Megan adds that incumbents like Microsoft and SAP are positioned to internalize AI value because they control distribution and the data layer, and that patient capital has historically been rewarded when platform incumbents adapt their revenue models. Then it’s the big game and the investor angle: the NFL bans prediction markets from advertising during the Super Bowl while incumbents like DraftKings and FanDuel remain everywhere. Megan argues the move signals prediction markets are a real threat to traditional sportsbook economics, describing them as more exchange-like with lower fees and more efficient pricing. She says a more analytical, price-sensitive cohort may migrate to prediction markets, driving liquidity and long-term engagement, and that sportsbooks will ultimately need to adopt the model, build it, or acquire it to hedge against the demographic and structural shift. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters 00:00 Software slump of 2026 setup 00:00 Jensen Huang: AI won’t replace software 01:00 Sea of red in big software: Microsoft, Salesforce, Adobe 01:13 Overdone fear or fundamental collapse 01:27 Megan: AI rebundles software, does not eliminate it 02:03 What agents still need: systems of record, compliance, workflow 02:48 Bottom call: likely pressure through Q1 03:05 What the market needs: evidence of AI monetization 03:33 Why incumbents can win: data layer and distribution 04:18 Patient capital view: 1 to 3 years 04:53 Super Bowl setup 05:14 NFL bans prediction market ads during the Super Bowl 05:50 Why the NFL move matters: economics, not ethics 06:37 Prediction markets vs sportsbooks: the cohort shift 07:31 Sportsbooks look outdated vs exchange-like markets 07:57 Incumbent defense move explained 08:15 Robinhood as crossover: stocks plus sports outcomes 09:13 DraftKings and Flutter charts: cannibalization fears 09:42 M and A question: acquire or build 10:07 Megan: sportsbooks will acquire or create prediction markets 11:01 Wrap and outro

All right, StockTwits, we’re here with Scott Sanborn, CEO of LendingClub, the digital marketplace bank focused on helping members lower their cost of debt. In this interview, StockTwits breaks down LendingClub’s monster fourth quarter with Scott: revenue up 23 percent, originations up 40 percent, and EPS that tripled. Scott explains why the stock’s reaction has sometimes felt confusing, pointing to a change in the company’s accounting program that analysts understood but parts of the buy side did not fully incorporate. Then we get into what’s next. Scott outlines why LendingClub is rebranding and why now is the right time, emphasizing that the company has grown beyond its original model and now offers award-winning checking, savings, and CD products. He also explains DebtIQ, a new technology being integrated into the mobile app designed to show customers their true credit card rates, quantify savings, and track multiple cards in one place. Scott says LendingClub typically saves customers about 700 basis points versus credit card rates, which he notes are often 22 to 23 percent. The conversation also covers new verticals such as major purchase financing, partnerships like furniture financing, and a big push into home improvement, plus why the company believes it can deliver originations growth and margin expansion with or without Fed rate cuts. Finally, Scott talks about how LendingClub pays attention to retail shareholders through Q and A tools and community feedback before closing with a Super Bowl pick. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

Welcome into StocktwitsTV. Host Michele Steele is joined by Shay Boloor to unpack a wild mix of AI, Musk ecosystem headlines, and fintech winners and losers. First up is Palantir: revenue up, profit up, guidance up, stock up. Shay calls the quarter a credibility moment, pointing to a 2026 guide raised to 61 percent with no deceleration, a commercial engine scaling fast, net dollar retention surging at scale, and an eye-popping operating margin result that he says forces a rethink of how AI application winners get valued. Michele presses on Wall Street skepticism and valuation concerns, and Shay argues that trying to pick a top in Palantir is riskier than respecting the multi-year trend when the company is clearly monetizing AI spend. Next, they pivot to Elon Musk combining SpaceX and xAI into a 1.25 trillion private empire. Shay explains why he sees strategic logic, not a bailout, and why frontier models ultimately become a layer inside broader ecosystems. They also discuss what Tesla shareholders should make of capital flowing into xAI, and why Shay views Tesla as the physical endpoint of intelligence across robotics, autonomy, and energy. Finally, it’s fintech. Shay says PayPal has been misrun, squandered first-mover advantages, and proves why “cheap can always get cheaper,” even suggesting a possible Musk buyback as payment rails for the wider ecosystem. They close on Robinhood: aggressive AI tools, prediction markets growth, the super app narrative, and the key risk that still matters most, crypto exposure, even as the company improves product depth and operating leverage. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms and conditions here: https://stocktwits.com/about/legal/terms/ Chapters 00:00 Palantir: revenue up, profit up, guidance up, stock up 00:12 Alex Karp to retail: doubters were wrong 01:06 PLTR credibility moment and fears of 2026 deceleration 01:50 61 percent 2026 guide: why it matters 02:18 Monetizing AI spend versus selling a promise 02:46 Wall Street valuation fight: downside calls and multiple worries 03:38 Nvidia déjà vu and the risk of shorting PLTR 04:32 Palantir as enterprise operating system and ROI proof 05:02 Net dollar retention at scale: why it’s “insane” 05:36 Shay: adding and nibbling again 06:29 Margin shock: 71 percent operating margin and what it signals 07:33 Palantir vs OpenAI: profitable growth versus growth at all costs 08:05 Musk merges SpaceX and xAI into 1.25 trillion 08:32 Bailout or strategy: Shay’s take 09:08 Frontier models as inputs into broader ecosystems 10:00 Aligning compute, data, distribution, capital under one roof 10:38 Tesla shareholders: xAI funding and the thesis question 11:08 Tesla as physical endpoints of intelligence 12:03 Why Shay has not added Tesla recently and what would change 13:06 The excitement premium of a unified Musk ecosystem 14:01 Fintech close: PayPal versus Robinhood 14:20 PayPal: “cheap can always get cheaper” 15:10 Misrun utility and squandered first-mover moments 16:26 Agentic commerce and why others may win 17:01 Dividend as defensive signal and buyout theory 17:29 Musk buying PayPal back as payment rails 18:36 Robinhood: AI tools, prediction markets, super app talk 19:23 Product depth improves, but crypto still 40 to 50 percent of revenue 20:26 Operating leverage and monetizing engagement 21:05 Why volatility may last longer than people expect 21:39 Why dips keep getting bought in AI 22:00 TSMC demand curve comment and 2020 timeline mention 22:18 Copper as the data center commodity play 22:51 Super Bowl party, prediction markets, and wrap

Welcome into StockTwitsTV — we talk about the market, so you don’t have to. Host Michele Steele is joined by Megan King to break down a week where there’s plenty of green on the board… but a ton of red in healthcare. They start with UnitedHealthcare (UNH) and a brutal move lower as a U.S. proposal to hold Medicare Advantage payments flat triggers a sector-wide reset. Megan explains why this isn’t just an earnings story: a proposed 0% rate increase vs mid-single-digit expectations forces a reset of multi-year earnings models and shifts Medicare Advantage from a growth engine to a more “regulated utility-like” business with political and margin risk. Then it’s the shiny stuff: silver posts record-breaking volume, and Megan argues silver is acting as a volatility amplifier—momentum and positioning matter—but the long-term bull case remains intact on constrained supply and rising industrial demand (solar, electrification, jewelry), with a macro message of rising demand for assets that feel “real and tangible.” They also hit headline risk and AI buildout: Ubiquiti faces geopolitical/compliance optics, while Corning (GLW) rallies after Meta commits up to $6B through 2030 for fiber—proof that AI infrastructure bottlenecks are now “literal, not theoretical,” and that winners won’t just be compute, but the suppliers enabling scale. Finally, it’s a lightning round and earnings/IPO radar: Redwire and defense spending, quantum getting institutional validation via a university purchase, Boeing optimism and recovery signs, GM raising 2026 guidance despite EV-related losses, UPS shifting to higher value shipments, Union Pacific as a real-economy signal, airlines with thin margins, and celebrity brand IPO momentum with Once Upon a Farm—plus a broader takeaway that the IPO window remains disciplined, prioritizing profitability and defensibility. 00:03 — Welcome in: green market, red healthcare 00:21 — Megan’s metals take: “stockpiling” gold & silver (jewelry) 00:50 — UNH stream reaction: “$60 down isn’t a dip… it’s a crater” 01:11 — Medicare payments flat proposal + sector sympathy selloff 01:38 — Do we re-value insurers long-term? 02:29 — 0% rate vs expectations: reset of multi-year earnings models 02:57 — Buyer at these levels? Why policy risk matters 03:31 — Bad timing: UNH guides lower for first time in decades 03:56 — Silver record volume: do we see new highs? 04:21 — Silver as “volatility amplifier” (momentum/positioning/optics) 04:47 — Bull case: constrained supply + industrial demand + macro hedge 05:28 — Profit-taking? Why she’s not selling soon (watching closely) 06:26 — Ubiquiti headline risk: compliance/geopolitical optics 07:36 — Corning + Meta fiber deal: AI infra bottlenecks turn “real” 08:41 — AI winners beyond compute: infrastructure suppliers 09:02 — Lightning round: Redwire, D-Wave/FAU quantum, robotics + Microsoft, Affirm/Bolt, Reddit 09:48 — Reddit drawdown: slowed growth + AI referrals shifting to YouTube 10:12 — UK data: Reddit overtakes TikTok in weekly active users 12:03 — Redwire: defense spend + funding optionality 12:48 — Quantum: institutional validation beyond “lab phase” 14:01 — Earnings parade: Boeing + GM winners 15:34 — Why markets reward forward visibility 16:26 — UPS: yield management over volume growth 17:27 — Union Pacific: muted outlook as real-economy signal 18:17 — Airlines: American & JetBlue misses + thin margins 19:37 — IPO radar: Once Upon a Farm ($764M) 21:10 — IPO takeaway: disciplined multiples, profitability/defensibility over hype 22:23 — Wrap Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/