{"podcast":{"title":"RiskReversal Pod","slug":"riskreversal-pod-1366742","podcast_index_feed_id":1366742,"rss_url":"https://feeds.megaphone.fm/RRM5151570998","website_url":"https://riskreversal.com/","image_url":"https://megaphone.imgix.net/podcasts/ca19feda-9d80-11eb-b14a-370397312000/image/d97c0647b679fdf2b4fe26069b6b2fc1.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"RiskReversal Media","episode_count":1006,"summary":"Welcome to the RiskReversal Pod, where Dan Nathan and Guy Adami are joined by the most brilliant minds in markets and tech. We break down the most important market moving headlines to help listeners make better informed investing decisions. Our goal is to deconstruct Wall Street speak and offer contrarian insights and strategies that help investors navigate increasingly volatile markets. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisab…","last_synced_at":"2026-07-29T18:22:38.474904+00:00","page_url":"https://stenobird.com/podcast/riskreversal-pod-1366742"},"episode":{"title":"The $400 Billion Backlog: RBC's Top Analysts Break Down the AI Trade","slug":"the-400-billion-backlog-rbc-s-top-analysts-break-down-the-ai-trade","published_at":"2026-05-13T09:00:00+00:00","page_url":"https://stenobird.com/podcast/riskreversal-pod-1366742/the-400-billion-backlog-rbc-s-top-analysts-break-down-the-ai-trade","show_page_url":"https://stenobird.com/podcast/riskreversal-pod-1366742","url":"https://traffic.megaphone.fm/RRM6140137171.mp3?updated=1778610024","audio_url":"https://traffic.megaphone.fm/RRM6140137171.mp3?updated=1778610024","summary":"At RBC Capital Markets’ Private Tech Conference, Dan Nathan interviews RBC analysts Brad Erickson, Rishi Jaluria, Matt Swanson, and Matt Hedberg on Q1 earnings and AI’s impact across internet and software. Erickson says demand is solid, hyperscalers are raising CapEx as cloud ROI improves, and explains why Meta’s higher spend hurt the stock versus Google/Amazon’s accelerating cloud revenue and margins; he ranks Amazon over Google over Meta and discusses Uber’s AV positioning versus Waymo. Jaluria is bullish on Microsoft’s broad AI opportunities, notes Copilot’s growing paid users, and discusses multimodel strategy, small/medium models, and Oracle’s controversial OpenAI-linked data center build and financing. Swanson covers ad/martech, highlighting Adobe’s “orchestration” narrative, Trade Desk’s holding-company tensions, and AppLovin’s ROAS-driven model. Hedberg argues cyber and infrastructure need “more, not less” security post-Anthropic’s Mythos, cites capitulation in software sentiment, favors consolidators like CrowdStrike, Palo Alto, Snowflake, Datadog, and ServiceNow, and notes AI-driven efficiency and layoffs as potential catalysts amid continued volatility. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media","meta_description":"At RBC Capital Markets’ Private Tech Conference, Dan Nathan interviews RBC analysts Brad Erickson, Rishi Jaluria, Matt Swanson, and Matt Hedberg on Q1 ear…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4383,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/riskreversal-pod-1366742/episodes/the-400-billion-backlog-rbc-s-top-analysts-break-down-the-ai-trade/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/riskreversal-pod-1366742/the-400-billion-backlog-rbc-s-top-analysts-break-down-the-ai-trade.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}