Cyclical Stocks Cycle

This podcast episode analyzes the recent earnings reports of The Trade Desk and Robinhood, contrasting their performance and market reactions. The hosts discuss The Trade Desk's first earnings miss in 33 quarters, attributing the market's strong negative reaction to high pre-existing expectations despite strong underlying business performance (95% customer retention over 11 years). The discussion then shifts to Robinhood's unexpectedly strong results, highlighting a 700% rise in crypto trading revenue and record net deposits. Finally, the episode touches on broader economic trends, using the current egg shortage as a case study to illustrate the impact of supply chain disruptions on businesses of varying sizes. The episode concludes with an analysis of Celsius' rebranding and expansion into hydration products, along with a discussion of its competitive landscape and growth prospects.