The 7investing Podcast

Veeva Systems (NYSE: VEEV) was a 7investing Best Buy three months in a row back in the summer of 2026, and the stock is up more than 77% since. Simon Erickson breaks down what made Veeva a buying opportunity when it fell 40% on news of its migration away from the Salesforce (NYSE: CRM) infrastructure it had relied on since 2007, including the valuation math (17x enterprise value to free cash flow), the customer retention data, and the $472 million in share buybacks that followed.Simon also explains why Veeva’s life sciences software platform has such strong staying power with big pharma customers li...

Is Lululemon stock (Nasdaq:LULU) a turnaround opportunity or a falling knife? Simon Erickson and Heather Horton break down the athleisure brand’s comeback plan, from its recurring see-through leggings problem to a sweeping leadership overhaul under new CEO Heidi O’Neill.We cover founder Chip Wilson’s activist push for a product-first strategy, the new board members and executives joining from ESPN, On Holding, Athleta, and Walmart Canada, and Lululemon’s Q2 fiscal 2026 earnings. Revenue and comparable sales are falling, but gross margins, share buybacks, and a $1.4 billion cash position tell a more nuanced story.With nearly every Wall Str...

Broadcom (NASDAQ: AVGO) has been 7investing's #1 ranked Best Buy for three months running, and Simon Erickson breaks down exactly why.

Learn how Broadcom is positioned to capture more than $100 billion a year in AI product revenue as hyperscalers spend $40-60 billion per gigawatt building out AI data centers, why the company's custom AI chips (XPUs) for Google's TPUs are just the beginning, and how a 25-year history of disciplined acquisitions — from Brocade to VMware — has built one of the most dominant semiconductor and infrastructure software companies in the world.

Simon also covers Broadcom's explosive 2026 quarterly grow...

Simon Erickson and Heather Horton welcome back Steve Symington, managing director of New Columbia Capital and a former 7investing advisor, to revisit Tesla (NASDAQ:TSLA) nearly seven years after Steve first called it an undervalued stock when its market cap was around $40 billion.

The conversation also touches on SpaceX's record breaking IPO earlier this year and persistent rumors about a potential SpaceX acquisition of Tesla, which Steve puts at roughly a 5% chance.

Steve and Simon land on a hold or weak buy for Tesla today, while Heather explains why...

Simon Erickson and Heather Horton tackle a mailbag request on small modular reactors (SMRs), the mini nuclear reactors being built to solve a real problem: AI data centers now require more power than the largest nuclear plants in America can currently provide. They compare three publicly traded SMR companies, NuScale Power (NYSE:SMR), Oklo (NYSE:OKLO), and GE Vernova (NYSE:GEV), including how each company's reactor technology works, their current cost per megawatt hour versus renewables, and how each is trying to compete with traditional nuclear plants that can cost $50 billion or more to build.🔗 Free 7investing trial: https://7inv...

On 7investing's Livestream show on August 21, I had a conversation with Upstart Holdings' new CEO Paul Gu that included two very important questions.

You see, I had two outstanding questions about Upstart's future strategy that I just wasn't hearing the media or any other investors asking him. 

So I did.

The first was:

"Will Upstart's new secured products like Home and Auto loans will be as disruptive as those for unsecured Consumer loans?"

Or in other words, will your AI models also have an edge in these new markets too?<...

Rocket Lab (NASDAQ: RKLB) just posted record second quarter 2026 results $234 million in quarterly revenue, up 62% year-over-year, and a total backlog of $2.36 billion. Simon Erickson walks through the investor slide deck covering Launch, Space Systems, and the new Space Applications division, then digs into the biggest news of the quarter: Rocket Lab's $8 billion acquisition of Iridium Communications (NASDAQ: IRDM) and its satellite spectrum. Simon also previews how these developments feed into Rocket Lab's discounted cash flow (DCF) valuation model, and what it could mean for the stock price going forward.🔗 Free 7investing trial: https://7investing.com/subscribeThis is 7investing Live, str...

The Trade Desk (NASDAQ:TTD) has fallen roughly 90% from its late-2024 highs, and in this episode of 7investing Live, Simon Erickson digs into why. They break down Trade Desk's second-quarter 2026 results, including slowing revenue growth, declining margins, and back-to-back quarterly misses after eight straight years of beating Wall Street estimates.The conversation covers the company's pricing dispute with ad agency Publicis, rising competition from Amazon (NASDAQ:AMZN) and its own demand-side platform, and Trade Desk's newly hired C-suite team brought in to rebuild client relationships. We also discuss client retention trends, the shifting economics of digital advertising take rates...

Simon Erickson and Heather Horton break down Upstart Holdings (NASDAQ:UPST) Q2 2026 earnings, released the day before this live stream. New CEO Paul Gu, one of the company's original co-founders, posted his own recap directly on X just 100 days into the role, a move Simon highlights as a sign the company is finally learning to speak Wall Street's language rather than getting lost in the weeds of its AI credit models. Upstart uses proprietary AI models, drawing on more than 1,000 data points instead of a traditional FICO score, to originate consumer loans in a lending market Simon describes as...

47 days after SpaceX's record-breaking $75 billion IPO — the largest in history — Simon Erickson and Heather Horton dig into whether the stock is a buy now that shares have pulled back from their post-IPO highs. Learn about SpaceX's origin story, Elon Musk's Mars mission, and how the company slashed launch costs from over $18,000 per kilogram down to under $1,000. Simon breaks down SpaceX's three business divisions — Space, AI (xAI/Grok), and Connectivity (Starlink) — and explains why a 75x trailing revenue valuation, upcoming lockup expirations, and the $60 billion Cursor AI acquisition make this a "buyer beware" situation for investors.🔗 Free 7investing trial: https://7investing.c...

Simon Erickson breaks down how a short squeeze works and why SoundHound AI stock (NASDAQ: SOUN) may be setting up for one right now. Learn what short interest and days-to-cover really mean, how these metrics predicted Upstart Holdings' (NASDAQ: UPST) 220% run in 2023, and why SoundHound's current 41.6% short interest and 5.8 days-to-cover ratio look strikingly similar. Simon Erickson and executive producer Heather Horton also discuss SoundHound's conversational AI platform, its 99% year-over-year revenue growth, upcoming Q2 earnings on August 5th, and whether short squeeze investing is right for the average investor.Simon also shares why SoundHound AI ranked #3 on 7investing's Best Buys...

Everyone calls the S&P 500 "the market." But is it really? In this episode of 7investing Live, founder and CEO Simon Erickson breaks down what the market actually is in 2026, and why the benchmark you're using matters more than you think. There are roughly 5,600 companies listed on the NYSE and NASDAQ, yet just 500 of them make up 80% of the total US market value and the top 10 stocks alone now account for a staggering 36.4% of the S&P 500 index.Simon walks through the numbers behind today's market concentration: NVIDIA (NASDAQ:NVDA) sitting at the top as a nearly $5 trillion company...

Prediction markets are taking the financial world by storm. Kalshi and Polymarket have gone from under $1 billion in combined monthly trading volume to over $40 billion in just one year, a 30X explosion fueled by the World Cup, the NFL, elections, and even bets on AI milestones. In this episode of 7investing Live, Simon Erickson is joined by Brett Schafer and Ryan Henderson of the Chit Chat Stocks podcast to break down what this meteoric rise means for investors.We dig into how prediction markets actually work: peer-to-peer event contracts regulated by the CFTC, take rates of just 0.7-1.5% versus...

Is Cerebras Systems the next great AI chip stock or a red-hot IPO priced for perfection? In this episode of 7investing Live, Simon Erickson and executive producer Heather Horton welcome back Nick Rossolillo, co-founder of Chip Stock Investor, to break down three of the market's biggest stories.First up: Cerebras Systems (NASDAQ:CBRS), the wafer-scale chip maker that just IPO'd at a $40+ billion market cap. With 44GB of SRAM embedded directly on the chip, Cerebras was purpose-built to solve AI's "memory wall" problem for inference workloads. Now it's reportedly landed a ~$10 billion order from OpenAI and a deal with...

Want access to all our investing content? Join at 7investing.com/subscribe Join the conversation on the 7investing discord: https://discord.com/invite/PT9ZQqdXXSEvery federal agency in the United States must be quantum-safe by December 2030. That NIST mandate is the starting gun for one of the most under-the-radar investment themes in the market, and Arqit Quantum Inc. (NASDAQ:ARQQ) is positioning itself directly in its path. Simon Erickson and Heather Horton dig into this $500 million micro-cap, its turbulent history, and why it might be one of the most intriguing early-stage ideas on the 7investing watch list.The threat...

Three massive semiconductor and computing developments are reshaping the future of AI infrastructure — and 7investing's Simon Erickson sits down with Nick Rossalillo of Chip Stock Investor to break them all down. First up: Cerebras Systems (NASDAQ:CBRS), which just went public on May 13th at $185/share (~$40 billion valuation) and is now trading near $46 billion at 90x trailing sales. The company's Wafer Scale Engine, a chip that uses an entire silicon wafer rather than individual diced chip, was designed specifically for AI inference workloads that NVIDIA (NASDAQ:NVDA) GPUs struggle to handle efficiently due to on-chip SRAM limitations. With potential $20 bi...

While the market chases AI stocks and IPOs at 90x sales, Simon Erickson is looking in the opposite direction, at CME Group (NASDAQ:CME), the Chicago Mercantile Exchange, a business that doesn't care if markets go up or down. It just needs them to move. CME Group sits at the center of global derivatives trading across six asset classes, interest rates, equity indexes, foreign exchange, energy, agriculture, and metals, capturing the bid-ask spread on every contract that clears through its platform. Q1 2026 delivered all-time records in both revenue (up 14% to nearly $2 billion) and average daily volume (36.2 million contracts/day...

Want access to all our investing content? Join at 7investing.com/subscribe Join the conversation on the 7investing discord: https://discord.com/invite/PT9ZQqdXXSRocket Lab (NASDAQ:RKLB) peaked near $150 a share earlier this year, powered by SpaceX IPO excitement and space sector momentum. Now it's trading at $83. Simon Erickson and Heather Horton revisit the full discounted cash flow model Simon built three weeks ago and walk through the three things that will actually determine where Rocket Lab goes from here.First, and most importantly: Space Systems, not launch, is the real business. The launch vehicle gets all the...

SpaceX just made history, raising $75 billion in the largest IPO the stock market has ever seen, now trading on NASDAQ at a $1.8 trillion valuation. 7investing's Simon Erickson break downs what you actually need to know as an investor. The SpaceX empire spans X (formerly Twitter, 600M users), xAI (the Grok-powering AI infrastructure running out of the 2-gigawatt Colossus data center), and 10,000 Starlink satellites serving 10 million subscribers across 164 countries. The scale is genuinely unprecedented.But the numbers tell a more complicated story. SpaceX did $20 billion in revenue last year, pricing it at 90x trailing sales, and generated just $1 billion in...

Three massive semiconductor and computing developments are reshaping the future of AI infrastructure — and 7investing's Simon Erickson sits down with Nick Rossalillo of Chip Stock Investor to break them all down. First up: Cerebras Systems (NASDAQ:CBRS), which just went public on May 13th at $185/share (~$40 billion valuation) and is now trading near $46 billion at 90x trailing sales. The company's Wafer Scale Engine, a chip that uses an entire silicon wafer rather than individual diced chip, was designed specifically for AI inference workloads that NVIDIA (NASDAQ:NVDA) GPUs struggle to handle efficiently due to on-chip SRAM limitations. With potential $20 bi...

Join the conversation on the 7investing discord: https://discord.com/invite/PT9ZQqdXXSWant access to all our investing content? Join at 7investing.com/subscribe Salesforce (NYSE:CRM) just reported $11 billion in Q1 fiscal 2027 revenue, and the stock is still trading at less than 13x free cash flow, a valuation that Salesforce itself apparently finds too cheap. The company borrowed $25 billion in a single quarter to execute an accelerated share repurchase, reducing its diluted share count by 10% in 90 days as part of a $50 billion buyback authorization. Simon Erickson breaks down why this is one of the most aggressive and under-appreciated...

Both CrowdStrike (NASDAQ:CRWD) and Zscaler (NASDAQ:ZS) just reported strong results, 24% ARR growth and a 34% free cash flow margin for CrowdStrike, and 25% revenue growth with 600%+ year-over-year flexible booking growth for Zscaler. But the stocks couldn't be more different: CrowdStrike is up 56% over the last 12 months trading at 128x free cash flow, while Zscaler is down 54% and now trading at just 24x free cash flow. Simon Erickson breaks down what's actually driving the divergence and which one he'd buy today.The key story in both earnings reports is Falcon Flex and Z Flex, flexible subscription platforms that let enterprise...

Rocket Lab (NASDAQ:RKLB) has been a 20-bagger on the 7investing scorecard, but at $150/share today, is it still a buy? 7investing founder Simon Erickson walks through the 11th iteration of his full discounted cash flow model, projecting Rocket Lab's revenues across three divisions: Electron launches, the upcoming Neutron rocket, and Space Systems manufacturing, all the way out to 2041. The bottom line: using a 10.3% weighted average cost of capital and conservative assumptions, Simon arrives at an intrinsic value of $45.12 per share, up significantly from $27 in last year's model, but still well below today's market price.The bull case for...

Simon Erickson digs into Rocket Lab's (NASDAQ:RKLB) Q1 2026 earnings with a record revenues of $200 million (up 63% year-over-year), $2.2 billion contractual backlog, record gross margins, and an undisclosed customer signing on for five Neutron rocket launches through 2029. 7investing first recommended Rocket Lab at $10 in August 2021, added again at $4 in early 2024 when Simon published a public valuation of $22/share — and the stock now trades at $121. That's a 30x return in two years.But the big question now: is Rocket Lab still a buy at current prices? Simon breaks down his ninth iteration discounted cash flow model, explains why 75% of Rocket Lab's ba...

The Trade Desk (NASDAQ:TTD) is down 67% over the last 12 months — one of the biggest falls from grace for a stock that was once a Wall Street darling. Simon Erickson digs deep into Q1 2025 earnings, the slowing revenue growth (from 25% to just 12% year-over-year), and the second quarter guidance of only 8% top-line growth. Is this a temporary macro headwind — or is something more structural breaking down inside the programmatic advertising industry?Simon breaks down the key competitive threat: Amazon (NASDAQ:AMZN) has entered The Trade Desk's backyard with its own demand-side platform, undercutting TTD's ~20% take rate with pricing closer to 10-12...

Duolingo (NASDAQ:DUOL) is down 77% over the last year while the S&P 500 is up 32% but 7investing founder Simon Erickson is defending the owl. In this deep dive into Duolingo's Q1 2026 earnings, Simon breaks down why the bearish narrative around slowing top-line growth and AI competition from OpenAI and Google (NASDAQ:GOOGL) may be missing the bigger picture: Duolingo is one of the most capital-efficient software businesses in the market, with a 37% return on invested capital, a cash ROIC of 99.4%, 50%+ free cash flow margins, and zero long-term debt.Simon also covers the optionality that most analysts are overlooking — Duolingo's ma...

7investing founder Simon Erickson explains why his firm just re-added NuScale Power (NYSE:SMR) to its scorecard — a stock they originally recommended in 2022, sold in December 2023, and are now buying back at $12/share. The thesis centers on a seismic shift in energy demand: AI data centers are now consuming power at gigawatt scale, and the list of viable baseload solutions is extremely short. With natural gas, solid oxide fuel cells from Bloom Energy (NYSE:BE), and small modular reactors as essentially the only technologies capable of delivering 5+ gigawatts of emissions-free on-demand power, NuScale's position as the sole NRC-certified SMR de...

The Trade Desk (NASDAQ:TTD) has lost nearly 70% of its value since its 2024 highs but does that make it a buying opportunity or a value trap? In this deep dive, 7investing founder Simon Erickson breaks down the full story: how TTD built a 3,800% return from its IPO to 2024 by revolutionizing programmatic advertising, and exactly what went wrong in 2025, from tariff-driven ad budget cuts to new competitive pressure from Amazon (NASDAQ:AMZN) undercutting Trade Desk's pricing at roughly half the take rate, to Publicis Groupe (EPA:PUB) auditing whether they've been overcharged for years.

But the bull case...

The biggest bottleneck in the AI infrastructure boom isn't chips — it's power. Simon Erickson and Heather Horton deep dive into two 7Investing watchlist additions built for exactly this moment: Bloom Energy (NYSE:BE) and Lumentum (NASDAQ:LITE). Bloom's modular solid oxide fuel cells deliver on-demand power with no combustion emissions, a $22 billion backlog, and a brand new deal with Oracle (NYSE:ORCL) that sent the stock up 23% in a single day — doubling their existing partnership to 2.8 gigawatts of AI data center power production.

Then Simon breaks down Lumentum's laser transceiver technology that converts electrical signals into optical sign...

Simon Erickson is back with three major investing trends that every growth investor needs on their radar in 2026. First up: weight loss drugs are bigger than ever, with oral GLP-1 pills from Novo Nordisk and Eli Lilly now winning broad insurance coverage and slashing out-of-pocket costs — potentially tripling the total addressable market to $190 billion by 2035. Then Simon breaks down the picks-and-shovels plays powering the AI data center buildout — including co-packaged optics, on-demand fuel cell energy, and quantum computing — and makes the case for why Bloom Energy may be his top pick in the space right now.Finally, the episode covers...

In Part 3 of our MIT Tech Review Breakthrough Technologies 2026 series, Simon Erickson goes deep on the three most investable opportunities from the list's two top trends: Hyperscale AI Data Centers and Next Generation Nuclear. This episode features detailed breakdowns of Broadcom (NASDAQ:AVGO), Lumentum (NASDAQ:LITE), and NuScale Power (NYSE:SMR) — covering their business models, revenue growth, competitive advantages, and why they could be among the biggest winners of the AI infrastructure buildout.From Broadcom's $64B revenue empire and custom ASIC chip design powering hyperscale data centers, to Lumentum's explosive 65% revenue growth as NVIDIA's key optical transceiver partner, to Nu...

🔗 Free 7investing trial: https://7investing.com/subscribeMIT Technology Review releases its list of 10 Breakthrough Technologies every year — and Simon Erickson ranks all 10 by investability over the next 3–5 years.

In Part 2 of this series, we go deep on which emerging tech trends could generate the biggest stock market returns, from next-gen nuclear energy and AI data centers to gene editing, generative coding, and sodium-ion batteries.From small modular reactors (SMRs) powering AI infrastructure, to hyperscale data centers consuming gigawatts of electricity, to AI companions reshaping mental health — this episode covers the most important growth investing themes heading into 2026 and beyon...

Every year, MIT Technology Review publishes its list of the 10 most important emerging technologies — and every year, Simon Erickson breaks it down through an investor's lens. In this episode, Simon and Heather review MIT's breakthrough technology lists from 2023, 2024, and 2025 to see what's already become reality, then preview the 2026 list live from the MIT Tech Review website.

From weight loss drugs and AI-powered search to small language models, next-gen nuclear, and generative coding — which technologies are actually investable right now, and which are still 3–5 years out? Simon walks through the MIT framework alongside the Gartner Hype C...

The feud between Novo Nordisk (NYSE:NVO) and Hims & Hers (NYSE:HIMS) has been one of the most dramatic storylines in biotech investing — and it just took a major new turn. Simon Erickson breaks down the four-year saga: from Wegovy's launch and the FDA shortage list, to compounded Semaglutide flooding the market at a fraction of the cost, to patent infringement lawsuits, and finally to the new distribution agreement signed March 9, 2026.We cover the explosive growth potential of GLP-1 weight loss drugs, why the global weight loss drug market could hit $200 billion — double the size of the diabetes market — and wh...

Apple (NASDAQ:AAPL) just dropped a bombshell product lineup — including the all-new MacBook Neo at just $600, the iPhone 17E, and the MacBook Air M5 — and they're doing it while raising gross margins.

How is that possible in an inflationary, tariff-heavy environment?

In this episode, Simon Erickson breaks down Apple's bold pricing strategy, its asset-light business model, and why this could be a major long-term win for investors.

We dig into Apple's record-breaking Q1 results: $143.8B in revenue (up 16% YoY), an all-time high gross margin of 48.2%, and $54B in operating cash flow — including $24.7B in sha...

Simon Erickson of 7investing breaks down two high-potential watchlist stocks: Micron Technology (NASDAQ:MU) — a memory giant riding the AI boom with explosive margin expansion — and Infleqtion (NYSE:INFQ), a newly public quantum computing company using groundbreaking neutral atom technology. Micron's high bandwidth memory (HBM) is completely sold out through 2026, with gross margins expanding 16 percentage points year-over-year on $13.6B in quarterly revenue. This is one of the most compelling AI infrastructure plays in the semiconductor space right now.Infleqtion just hit public markets via SPAC in February 2026 and is already partnered with NVIDIA (NASDAQ:NVDA) through a CUDA integration call...

What a month it has been for our 7investing show!Throughout all of February, we focused on the semiconductor industry - looking for the investment opportunities who were best-poised to benefit from AI's endless demand for computing. We searched far and wide for those top stock ideas, and we featured some incredible guests to share their insights on the show all month.

That included: 1) Feb 1: "The Eyes of AI"

Emmet Savage and I looked into the new world of "Physical AI" and how it was using solid-state LiDAR to see all of its surroundings. Our...

February 27, 2026: Co-Packaged Optics

Generative AI is getting very demanding.It's become extremely power-hungry, and that's pushing the physical limits of what today's highest-performing chips are even capable of.One potential solution is co-packaged optics, which involves integrating fiber-optic transmitters directly into the chip. It's a great way to avoid much of the heat and signal degradation that traditionally comes from moving data across inefficient copper wires.Overall, that improves computing performance and uses less power. Which is a big win for this entire sector!But there are also significant costs associated with this new...

Feb 18, 2026: What's Next for AI AcceleratorsAMD's CEO Lisa Su thinks the market for cutting-edge AI chips will be worth $1 trillion annually by 2030 and NVIDIA's CEO Jensen Huang (who happens to be Lisa's cousin once-removed) believes AI infrastructure spend will total $4 trillion during the next five years.If those forecasts are even directionally correct, both AMD and NVIDIA will still have quite an extended growth runway in this red hot semiconductor sector.But are these admittedly self-serving forecasts actually realistic?Or is AI hardware likely to become commoditized and lower-priced during that timeframe?And are there other competitors who might...

Feb 16, 2026: Why Infrastructure is the Real Winner in the Age of AI
Warren Buffett is widely credited with characterizing competitive advantages as moats that companies will aggressively build and will vigorously defend to protect themselves from attacks by others.The software industry has been a popular sector for investors in recent years due to its outsized growth rates and its ability to quickly iterate.Yet the barriers to entry are low here, and it's been difficult for software companies to build sustainable moats.That's perhaps one of the key reasons for the recent "SaaS-pocalypse", where many software stocks...