Earnings Season Hits Overdrive
4/29/202619 min
The flood of earnings has begun and there are some surprises to investors. Spotify, Robinhood, and SoFi all dropped after results failed to impress, but these are still solid businesses. Plus, we covered Bloom Energy’s rise and whether there’s risk in energy today.Travis Hoium, Lou Whiteman, and Rachel Warren discuss:- Spotify and streaming prices and ads- Robinhood and SoFi drop- Bloom Energy and the AI energy bubbleCompanies discussed: Spotify (SPOT), Netflix (NFLX), Robinhood (HOOD), SoFi (SOFI), Bloom Energy (BE).Host: Travis HoiumGuests: Lou Whiteman, Rachel WarrenEngineer: Dan Boyd, Kristi WaterworthAdvertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
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First 90 secondsTravis Hoium· Host0:00
[upbeat music] Has the AI bubble turned into an energy bubble? Motley Fool Hidden Gems Investing starts now. [upbeat music] Welcome to Motley Fool's Hidden Gems Investing. I am Travis Hoy. I'm joined today by Lou Whiteman and Rachel Warren. We have a lot of news, especially in the world of AI and energy. We're gonna get to that in a moment, but I wanted to start with one of the, I think, more notable earnings reports yesterday came from Spotify. The market wasn't super happy with, with what they saw. But Lou, the interesting dynamic here is Spotify is not saying, "Hey, we're in trouble, we're losing customers." It's reminds me a little bit of Netflix. It's more a matter of how fast are we gaining customers, and is that growth just isn't quite as impressive as it was a few years ago. They're maybe not getting into ads as quickly as investors had hoped, maybe not able to push those prices as high as people would hope. So it's kind of become this ho-hum business that you take a step back and you go, "Man, this is a great business," but the stock has not done particularly well recently. So are we just entering a new phase for these great companies that are just gonna be kinda high single digit, low double digit growers?
Lou Whiteman· Guest1:12
It's hard to believe that efficient markets were caught off guard by the number of people on the planet Earth, isn't it? I mean, [laughs] isn't- Yeah ... that what's happening here? Travis, you said, "Let's talk about Spotify." I was like, "Oh, wow, look at that drop. Let's see what went wrong," and I still don't know. You're gonna have to tell me. They added 3 million