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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/