Welcome into StocktwitsTV. Michele Steele is joined by Ben Cahn—and yes, the Wi-Fi lives.

First up: Michael Burry is buying the dip in PayPal after the stock fell more than 80% from its highs. Michele lays out the debate and Ben gives his take: he thinks people may be overcomplicating the story, and that PayPal’s real issue is competition—Apple Pay, Zelle, and a Venmo that’s “free for the most part.”

Then the headline that sounds fake but isn’t: “Tapatio, Ozempic, and the hot sauce trade.” Michele explains the theory: GLP-1 users may crave bold flavors without adding calories, which could boost hot sauce demand. Ben reacts to the news that Tapatio sold to a Dallas private equity firm—after 55 years of family ownership—and goes on a passionate rant about private equity “ruin[ing] everything” if they mess with the recipe.

They wrap by zooming out: how consumer trends still create real businesses, why America never stops spending, and why this segment somehow ends with Walmart not taking Apple Pay.

Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

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Chapters

00:00 - Wi-Fi jokes and intro