LikeFolio Weekly Roundup

Happy Friday, indeed.

We’re capping off another strong week, with the S&P 500 on track for a 5-day win streak. 

Inflation cooled to its lowest level in over four years, with April CPI rising only 0.2% month-over-month and 2.3% year-over-year, both below expectations. Food prices declined, airfares dropped for a third straight month, and core goods categories like appliances and electronics showed only modest increases, despite tariff concerns.

Consumer spending data remains solid, even as UMich’s recent consumer sentiment survey fell to its second-lowest reading on record. 

ONON's latest blowout quarter is a perfect example. Shoppers are still willing to pay premium prices for products they value. 

Inflation, meanwhile, continues to surprise to the downside, contradicting some of the more extreme short-term expectations circulating in media headlines and consumer surveys.

Bottom line: consumer behavior is defying the fear narrative. Tariff and inflation concerns have not derailed spending (yet), and we’re tracking the names gaining ground where it matters most: share of wallet.

This long-term outlook in the face of rising fear paid off handsomely for our Tariff Buy Alert Bonus Report. 

Andy detailed our biggest bonus report winners on this week’s Founders Call. You can watch to check out where we are taking gains and where we see continued room for upside. 

We also issued a buy alert this week on a major healthcare disruptor – check it out here if you missed it. 

Here’s an overview of the biggest news and largest movers in our portfolio in the last week through close on Thursday, May 15:

Infinite Hold Update 

Tesla (TSLA): Tesla shares jumped 14% higher this week, continuing a sharp streak to the upside. ​The rally was fueled by easing U.S. & China trade tensions and renewed optimism around Tesla’s upcoming robotaxi launch in Austin

A viral video of Tesla’s Optimus robot dancing drew heavy attention – you have to watch it. 

Musk emphasized the performance was not CGI or sped up but in “real, real time” with all movements trained in simulation. Tesla claims Optimus is now capable of self-charging and advanced hand articulation with plans to deploy thousands in factories

Tesla appointed Jack Hartung, former Chipotle CFO, to its board this week. Hartung brings 20 years of experience from Chipotle and looks to help with cost discipline and operational scaling. His addition follows recent board turnover and comes as Tesla faces margin pressure and looks to tighten spending. 

Bitcoin: Bitcoin has held steady this week above the $100,000 mark, showing resilience despite a security breach at Coinbase.

On May 11, hackers bribed overseas Coinbase support staff to access sensitive customer data, including names, contact details, and partial Social Security numbers. The attackers demanded a $20 million ransom, which Coinbase rejected, instead offering a $20 million reward for information leading to their arrest. The breach impacted less than 1% of monthly users, with no customer funds compromised. 

Bitcoin’s ability to hold firm in the face of a major security breach reinforces its growing role as a conviction asset.

Amazon (AMZN): Amazon surged up 6% this week and is now trading above $205. The tariff truce between the U.S. and China is giving Amazon relief on sourcing and logistics cost. Net income exploded up 64% in Q1 with the primary driver being Amazon Web Services.

Amazon announced a new $4 billion investment to launch a new AWS infrastructure region in Chile. Amazon also plans to create 100,000 jobs by 2026 by expanding its rural delivery network in the U.S. 

The company’s annual Upfront event on May 12 put a spotlight on Prime Video, which now reaches over 130 million U.S. ad-supported viewers and more than 300 million across all Amazon properties. 

Portfolio Update

This was a very strong week for our portfolio, with major moves in two of our newest positions and solid rebounds in risk-on names like SOUN, which are starting to attract buyers again.

Oklo (OKLO): +33%

Oklo reported Q1 2025 results on Tuesday, cutting its net loss by nearly 60% even as operational investments increased. The company reiterated its target to reach profitability by early 2026. It also named former VP and chief engineer Pat Schweiger as its new Chief Technology Officer, and completed drilling work at the site of its proposed first nuclear plant.

SoundHound (SOUN): +22%

SoundHound reported Q1 earnings late last week, with revenue up 151% year over year. Despite the strong growth, results came in below Wall Street expectations and shares sold off. However, SOUN has rebounded this week as easing U.S.–China trade tensions ease pressure on the company’s hardware-dependent supply chain. We remain bullish.

Dutch Bros (BROS): +12%

Dutch Bros reported earnings last week with 29% year-over-year revenue growth, beating estimates. Same-store sales rose 6.9%, topping guidance. CEO Josh Guenser addressed macro concerns directly, noting that Dutch Bros sources from low-tariff countries and has secured coffee bean supplies through the end of 2025. The market has continued to respond favorably to the strong results. We continue to be bullish as the brand expands nationwide.

Hims&Hers (HIMS): +12%

Hims reported earnings early last week, with revenue more than doubling year over year and subscriber growth reaching 38%, bringing total subscriptions to 1.7 million. Despite issuing softer Q2 guidance, the stock continued to climb as investors focused on long-term upside, including a new partnership with Novo Nordisk to offer Wegovy through Hims memberships. The company also appointed Mo Elshenawy as Chief Technology Officer. Elshenawy previously led engineering at Cruise, bringing deep experience in scaling AI-driven platforms.

Robinhood (HOOD): +11%

Robinhood is currently the top performer in our portfolio. The stock has more than tripled in just over a year since we opened a position. Incredible. This past week saw HOOD shares rise due to an announced agreement with Mogo Inc to acquire WonderFi Technologies, a company that operates Bitbuy and Coinsquare, two of Canada’s largest crypto platforms. This acquisition will boost Robinhood’s crypto offerings and build on Robinhood’s headquarters in Toronto.