Headlines were aflutter this week with news that Wall Street’s problematic cousin, Robinhood, will begin offering users the ability to gamble on the upcoming United States election. Mike and Anne Marie unpack the offering and what it means for Robinhood’s topline and “trustworthy” branding.

Later on, Mike discusses Calloway Golf’s decision to spin off Top Golf. The acquisition was only completed in 2021 but the economics of chicken wings and corporate events have obviously lost their luster.

Finally, Anne Marie dives into Snapchat and Reddit’s latest earnings calls to understand how their advertisement models differ and what their futures might hold.

MyWallSt is extremely pleased to announce Nexus II.

OG Nexus debuted last year and has trounced the S&P 500. Using a combination of state-of-the-art AI, screening, and real human intelligence to identify companies that, for the most part, are unheard of but have giant potential and strong momentum

Nexus II will debut in November but we have decided to cap membership to this exclusive club. To reserve your spot email us at pod@mywallst.com

We might even throw in a deal.

pod@mywallst.com

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00:00 Intro

01:48 Masayoshi Son's Investment Blunders

03:57 Robinhood's Controversial Moves

11:08 Callaway's Topgolf Debacle

21:03 Future of Callaway and Topgolf

25:56 Snapchat’s Latest Earnings

33:19 Reddit's Impressive Growth

39:32 Snapchat's Stock-Based Compensation Issues

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#234: Robinhood is Now Officially a Gambling App

Stock Club