What if the perfect running sensation wasn't a feeling, but a piece of engineering born from a garden hose in the Swiss Alps? That's the incredible origin story of On Holding AG (NYSE: $ONON), the company behind the fastest-growing running shoe brand on the planet.

In just over a decade, On has sprinted from a wild prototype to a multi-billion-dollar powerhouse, with celebrity fans like Zendaya and a game-changing partnership with tennis legend Roger Federer. Their patented CloudTec cushioning has ignited a movement, driving explosive 30%+ revenue growth and challenging industry giants like Nike, Adidas, and Hoka.

But is the hype getting ahead of reality? With a premium valuation, fierce competition, and looming macro risks, is On poised to win the long race or stumble before the finish line?

In this episode, we decode On Holding's entire story for the everyday investor. You'll learn:

• The Origin: How a "DIY hack" became a patented technological moat.

• The Numbers: A simple breakdown of their Q2 2025 financials, from surging sales to that fortress-like balance sheet.

• The Bull Case: Why optimists see this as the next great global apparel brand.

• The Bear Case: The critical risks that could derail their growth story.

• The Future: Can On execute its ambitious plan for global domination?

The AI revolution is here, but it has a dirty secret: it's consuming an insane amount of power. What if the solution isn't another lithium-ion gigafactory, but an overlooked, American-made technology that’s safer, cheaper, and poised to solve the biggest problem in renewable energy?

In this episode, we pull back the curtain on Eos Energy Enterprises (NASDAQ: $EOSE), the zinc-powered underdog whose stock is on a tear. We’re cutting through the hype to give you the full story on this high-risk, high-reward energy storage play.

In This Deep Dive, You'll Uncover:

🔋 The Zinc Revolution: Why Eos's non-flammable, long-duration battery tech is a potential game-changer for solar farms and power-hungry AI data centers.

📈 The Bull Case: A $670M+ backlog, massive government support via the Inflation Reduction Act (IRA), and a potential escape from China-dependent supply chains.

📉 The Bear Case: A sky-high valuation, a history of burning cash, and fierce competition from the giants of the energy world. Is the risk too great?

🧠 Leadership & Execution: Can a GE veteran steer this company from a scrappy startup to a billion-dollar powerhouse?

We break down the numbers, the story, and the fierce debate between Wall Street's bulls and bears. Is Eos Energy the hero of the energy transition, or is the hype getting ahead of the fundamentals?

In the AI gold rush, everyone is watching NVIDIA. But the key to the entire industry's future might be a tiny, cash-burning company you’ve likely never heard of.

This week, we decode Navitas Semiconductor ($NVTS), the company betting everything on the next generation of power chips—the invisible engines inside AI data centers, EVs, and solar farms. On paper, their financials are alarming, with significant losses and a shaky market. Yet, their stock has soared on the back of a landmark NVIDIA partnership and a massive $2.4 billion future sales pipeline.

In this episode, you will learn:

• The Tech: A simple breakdown of Gallium Nitride (GaN) and Silicon Carbide (SiC), the materials set to replace traditional silicon.

• The NVIDIA Partnership: What this massive validation means for the future of AI infrastructure.

• The Bull vs. Bear Case: We weigh the incredible potential against the serious risks of competition, execution, and a sky-high valuation.

Is Navitas pioneering a new era in power technology, or is it just a speculative bubble?

Iris Energy ($IREN) is up a staggering 186% this year, but is it a sustainable tech powerhouse or just a volatile crypto play riding the hype? The company is using 100% renewable "stranded" energy to fuel both Bitcoin mining and the explosive growth of AI data centers. Is this unique strategy the ultimate pick-and-shovel play for the next tech revolution?

In this episode of "The Investor's Code," we decode everything you need to know. We trace IREN's journey from remote hydro dams to a $9.2 billion valuation, analyze its impressive debt-free financials, and explore why its biggest competitive advantage isn't tech—it's cheap, green power.

Tune in to learn:

The "Waste-to-Value" Story: How two Aussie brothers turned unused energy into a tech empire.

Financial Health Check: A simple breakdown of their revenue, 70% margins, and first profitable year.

The Bull & Bear Debate: The explosive AI growth case vs. the risks of dilution and Bitcoin price dependency.

The Ultimate Moat: Why long-term, low-cost power contracts are their core defense.

Future Potential: Can IREN really 3x from here? We look at the catalysts and risks ahead.

Is Duolingo just a fun language app, or is it a revolutionary EdTech powerhouse poised to dominate a $300 billion market? In this episode, we decode Duolingo ($DUOL) and explore why it might be one of the most exciting growth stocks today.

Join us as we break down:

• The Mission: How founder Luis von Ahn's vision to democratize education is fueling a global movement.

• The Moat: The powerful combination of data, brand, and a fanatical 'Product Experience' (PX) culture that keeps competitors at bay.

• The Expansion: Duolingo's explosive growth beyond languages into music, math, and even chess.

• The AI Question: Is AI a threat that could make Duolingo obsolete, or is it the ultimate tool for hyper-personalized learning?

• The Numbers: A deep dive into the bull vs. bear case, Q2 2025 earnings, and why Duolingo's metrics are drawing comparisons to NVIDIA.

Is a future with 90% fewer car accidents and cars that earn money while you sleep already here? Tesla's Robotaxi service launched in 2025, and it's rewriting the rules of mobility.

In this deep dive, we decode the entire Tesla Robotaxi arc. We break down the explosive tech showdown between Tesla's camera-only FSD and Waymo's LiDAR, analyze the massive price disruption set to challenge Uber, and unpack the multi-trillion dollar bull case from experts like Cathie Wood and Dan Ives. Listen now to understand the investment case for the AI-driven revolution happening on our streets today.

What happens when military-grade AI meets the industrial drone revolution in a single small-cap stock? This week on The Investor's Code, we're decoding Ondas Holdings ($ONDS), a company at the explosive intersection of defense tech and autonomous systems.

We break down their unique "drone-in-a-box" and counter-drone technology, explore their crucial FAA approvals, and analyze the major defense contracts that signal a potential turning point. Is Ondas on the brink of a breakout, or are the risks too high?

In this episode we unravels the hidden flaws in our everyday money system and reveals why cryptocurrency isn't just hype—it's the inevitable evolution of finance. Journey through history from ancient barter and the gold standard's rigid stability to fiat currency's inflationary illusion, where endless printing erodes your wealth while benefiting banks and governments. Drawing on raw insights from experts like Michael Saylor, Luke Belmar, Tom Lee, Marc Andreessen, and Andreas Antonopoulos, we expose real-world stories of debanking, hyperinflation in countries like Argentina and Venezuela, and the emotional toll of a trust-based system gone wrong. Plus, unpack the game-changing GENIUS Act of 2025 and why smart investors are shifting to crypto for sovereignty and growth. Whether you're a fiat skeptic or crypto curious, this hour-long deep dive will inspire you to rethink your portfolio and reclaim financial power.