Stephanie Guild on Big Tech Earnings
From Robinhood CIO on the Forces Reshaping Markets Today (Ft. Steph Guild) · · Brew Markets
“Microsoft was disappointing because I feel like the stock is down quite a bit. It feels like they should be doing better and I know there's been some differences with OpenAI which is probably maybe longer term better for them but I'm just surprised like they had such a way to get in their AI in front of customers it just is that's disappointing. And so I'm wondering if I was just wrong about them like being cheap, you know, maybe they're cheap for a reason.”
On , Stephanie Guild, Chief Investment Officer at Robinhood Markets, Inc., spoke about Big Tech Earnings during Robinhood CIO on the Forces Reshaping Markets Today (Ft. Steph Guild) on Brew Markets.
About Stephanie Guild
Stephanie Guild, chief investment officer at Robinhood Markets, has discussed the firm's investment strategy and market outlook in recent podcast appearances. In May 2026, she said that increased access to information is causing markets to move faster, and that companies must do more than simply meet expectations to satisfy investors. She also commented on the potential impact of Kevin Warsh as a likely new Federal Reserve chair, describing him as "obviously a dove" but also potentially "disruptive," and noted that the Fed's balance sheet does not give it "room to really expand when you need it." Guild expressed disappointment in Microsoft's earnings while stating she was watching Amazon, and said she hoped White House infrastructure investment would "take on a life of its own" as a positive for the country and labor market. In a March 2026 interview, Guild outlined her "receivers, resources, and recoveries" investment framework, which focuses on companies receiving capital from large spenders rather than the spenders themselves. She said she moved away from the Magnificent Seven over a year ago and described the current environment as a "stock-picker market." Guild noted that Robinhood Strategies, which she oversees, had grown to $1.5 billion in assets in about 10 months, and she expressed a goal of reaching "several tens of billions" in the future. She also stated that she does not find long-duration debt attractive and recommended keeping bond holdings shorter-term.