Rigatoni Capital Podcast

Nvidia Earnings Memorial Day Weekend Special

Nvidia just reported record revenue of $81.6 billion for the quarter, up 85% from a year ago, with Data Center revenue hitting a record $75.2 billion, up 92% year over year. We do a late Friday night Memorial Day weekend special to break it all down. I also cover Walmart's earnings and what the retail and consumer picture is telling us right now, touch briefly on Intuit and Bitcoin, and get into the US-China trade negotiations that continue to drag on without any real resolution in sight. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #Nvidia #NVDA #EarningsSeason #Walmart #WMT #Intuit #INTU #Bitcoin #BTC #USChina #TradeWar #Semiconductors #DataCenter #Blackwell #stockanalysis #marketwatch #RigatoniCapital $NVDA $WMT $INTU $BTC $QQQ $SMH

The SpaceX IPO Is Coming at an Extremely Stretched Valuation | Bagholder

Kevin, aka Bagholder, is back on the Rigatoni Capital Podcast for another great conversation. This week we focus on the SpaceX IPO set for June 12th at a valuation between $1.75 and $2 trillion. Kevin walks through his price to sales framework and lands on a multiple of roughly 110 times sales, which is difficult to justify when three quarters of SpaceX revenue comes from Starlink and the AI division grew only 23% last year. Neither of us are buying the IPO directly, though we will both own it through QQQ and VTI. When the general public starts calling asking how to participate in an IPO, that is usually a tell. We also get into Dutch Bros versus Starbucks, which is one of the clearest head to head comparisons in the restaurant space right now, Kevin's thoughts on consumer staples trading at multi-year lows, his continued conviction on silver miners through SILJ, and what the ongoing Iran supply disruption means for hard assets like gold, silver, and Bitcoin. Check out Kevin's newsletter Mytwocent$ on Substack: https://bagholder.substack.com [https://bagholder.substack.com] Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #SpaceX #IPO #ElonMusk #Starlink #DutchBros #BROS #Starbucks #SBUX #Silver #SILJ #Gold #Bitcoin #BTC #ConsumerStaples #stockanalysis #marketwatch #RigatoniCapital $BROS $SBUX $SILJ $GLD $BTC $QQQ $VTI

CAVA Earnings and Why Fast Casual Restaurants Are the Best Stocks to Learn Investing

CAVA reported last night and the numbers were strong. Revenue grew 32.2% year over year to $438 million, beating estimates, same restaurant sales up 9.7% driven by 6.8% traffic growth, and the company raised full year guidance. Zero debt and $403 million in cash. I walk through the results and use CAVA as a teaching moment for anyone newer to investing. Fast casual restaurant chains like CAVA, Chipotle, and McDonald's are the easiest businesses in the world to understand if you are just getting started, and that simplicity is actually the point. I am long CAVA and I explain why. I also push back hard on the narrative circulating on X that there is some new rotation into healthcare happening and that it is time to panic out of semiconductors and tech. Three days of a small pullback after one of the most historic runs in stock market history is not a rotation. Zoom out. And tonight Nvidia reports. Do not trade it. Just watch. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #CAVA #Chipotle #CMG #FastCasual #Nvidia #NVDA #Semiconductors #SMH #EarningsSeason #NewInvestors #BeginnerInvesting #stockanalysis #marketwatch #RigatoniCapital $CAVA $CMG $NVDA $SMH $QQQ $IGV

Nvidia Earnings Week and Why I'm Not Worried About the Semiconductor Pullback

Semiconductors are pulling back and the dopamine hits from watching the SMH go vertical are slowing down. This morning I talk about why this is completely normal heading into a big earnings week. Nvidia reports Wednesday, Walmart and John Deere Thursday morning, Workday Thursday after close, and Cava tonight. I share my honest take on Walmart now being in the Nasdaq 100 and why I am embracing it. I shout out Graham Stephan's breakdown of the Trump IRA and why a taxable brokerage buying QQQ, VTI, or FRDM might just be simpler for most people. CrowdStrike and Palo Alto are flashing as leading indicators for where software could bounce, and I close with a suggestion: spend this summer researching Bitcoin as an asset class. Start with The Big Print. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #Nvidia #NVDA #EarningsSeason #Walmart #WMT #Cava #CAVA #HomeDepot #HD #Bitcoin #BTC #CrowdStrike #CRWD #PaloAlto #PANW #IGV #SoftwareStocks #stockanalysis #marketwatch #RigatoniCapital $NVDA $WMT $CAVA $HD $BTC $CRWD $PANW $QQQ $IGV $FRDM

The SpaceX IPO Could Be Your Next Buy the Dip Opportunity

It is Merger Monday in the utility sector. NextEra Energy just announced a $66.8 billion all-stock deal to acquire Dominion Energy, the largest power sector acquisition ever recorded. The combined company will create the world's largest regulated electric utility, serving roughly 10 million customers across Florida, Virginia, North Carolina, and South Carolina with 110 gigawatts of power generation. Dominion is surging on the news while NextEra is pulling back slightly. The deal is being driven directly by AI data center power demand, with Dominion's northern Virginia footprint sitting at the center of the largest concentration of data centers in the world. I walk through what this means for energy investors and whether it changes how I think about utilities in a long term portfolio. I also get into the SpaceX IPO and why it could be a sell the news event that creates a real buy the dip opportunity, and the first thing I would be buying is QQQ. I also recap my latest Substack post on how superinvestors are not only picking at beaten up software stocks but are literally trading Mag7 names between each other, and why the best move for a retail investor is to simply own and hold the Nasdaq 100. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #NextEra #NEE #Dominion #MergerMonday #Utilities #EnergyStocks #AIinfrastructure #DataCenters #SpaceX #IPO #Mag7 #SoftwareStocks #SuperInvestors #stockanalysis #marketwatch #RigatoniCapital $NEE $D $QQQ $SPY $XLU