LikeFolio Weekly Roundup

We’re hitting the weekly roundup early this week – the Market is closed tomorrow, June 19.

Today the Federal Reserve held interest rates steady, as expected, keeping the target federal funds rate unchanged despite political pressure to cut. This decision leaves borrowing costs elevated across credit cards, auto loans, and mortgages.

One group of companies that we expect to benefit when the Fed does lower rates is small-cap stocks. 

We first introduced this opportunity on our LikeFolio call in late May (you can catch the replay here). Since then, 3 of the 4 stocks we flagged have delivered double-digit gains. One of them is already up 80% in under a month.

This week’s call takes a closer look at that standout performer and you’ll meet our Summer intern, Grant, who spotted the setup early. Great work, Grant.

The average return across this special feature is tracking near 35%, compared to a 2.8% gain in the S&P over the same period.

By targeting companies with strong consumer momentum and supportive macro trends during periods of elevated fear, we continue to outperform broader benchmarks. That same approach helped drive upside this week, even as markets faced renewed tension in the Middle East and a holiday-shortened trading schedule.

Here’s an overview of the biggest news and largest movers in our portfolio in the this week:

Infinite Hold Update 

Tesla (TSLA): Tesla is getting ready for an anticipated Robotaxi launch on June 22. If Tesla punts this launch, the stock could be punished. On the flipside, if TSLA hits this launch on time, the stock could be rewarded. We will be tackling this in detail next week, either way. 

In the meantime, we saw solid safety and autonomous drive data come through this week:

Tesla FSD technology is proving significantly safer vs. peers and human drivers at large:

These safety stats also accompany a substantially larger sample of autonomous miles driven vs. next closest peer, Waymo.

Bottom line: Tesla has the most autonomous miles under its belt and the highest safety record – a powerful combination. 

Bitcoin: The largest known Bitcoin wallet, attributed to Satoshi Nakamoto and holding more than $115 billion, has never moved. Its continued inactivity, despite containing nearly 5 percent of total supply, strengthens confidence in Bitcoin’s security and design. The longer it remains untouched, the more trust it builds. You can expect a deep dive on this topic on Friday!

Amazon (AMZN): Amazon is turning AI inward. This week AMZN CEO Andy Jassy said he expects the company workforce to shrink as technology is leveraged. This means more efficiency and improved margins. It is also a major macro trend we expect for all companies in the coming years as AI makes teams more efficient and productive with less headcount.

Portfolio Update

Oscar (OSCR): +15%

Oscar shares are picking up steam this week, though no major news from the company. Many investors suggest this stock could benefit from enhanced or retained ACA benefits. 

Translation: If ACA subsidies are enhanced despite Medicare cuts, it could offset some competitive pressure on Oscar from reduced government healthcare spending. This would stabilize or grow its market share, especially in states reliant on ACA plans, protecting its business model and making $OSCR a more resilient investment.

For now this remains speculation.

Reddit (RDDT): +13%

Reddit shares jumped this week after the company launched two new AI-powered tools designed to help advertisers extract insights from real user conversations. The features, announced at Cannes Lions, include Reddit Insights—a real-time trend tracker—and Conversation Summary Add-ons, which allow brands to display curated user content under ads. Both tools rely on Reddit’s new Community Intelligence engine, which converts posts and comments into structured marketing data. This move builds on Reddit’s recent sales momentum and positions the platform as a high-purchase-intent, community-driven alternative to traditional ad channels.

Hims (HIMS): +6%

Hims & Hers launched the first-ever prescription hair regrowth gummy for women, combining minoxidil and biotin into a once-daily, green apple flavored dose. Designed to improve treatment consistency, the gummy offers a convenient alternative to traditional pills or topical applications, tailored to women's preferences. The launch expands Hers’ compounding capabilities and strengthens its growing presence in women's dermatology. By offering treatments in formats that are easier to take and more enjoyable to use, Hims & Hers is increasing engagement and improving long-term consumer retention.

Magnite (MGNI): +6%

Magnite (MGNI) shares are moving after a new analyst note highlighted the company's exclusive role as Netflix’s sell-side platform partner. Netflix is expanding demand access by integrating Yahoo as a new DSP, but MGNI remains the sole SSP, meaning all ad inventory still runs through its exchange. Kreyer sees this as a positive for MGNI, with diversified demand channels and increased programmatic execution expected to drive higher ad spend and better monetization. He reiterated a Buy rating, pointing to the Netflix ramp as a key growth driver in coming quarters.

This move higher places our total Magnite gains just over 45% in ~6 months!