Pressure Points

While it will take 2-3 years to sort out, I believe Google will win the appeal on the Search placement decision. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Investors are going to get behind Zuckerberg’s AI vision. Meta had a solid quarter, solid guide, and most importantly, presented the company’s most compelling vision of how and when AI will transform the business. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Essential question for Google investors is: when will AI benefit Search? This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Gene talks Tesla's road to profitability in autonomy and their June quarter earnings. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Bad news is Micron is down 7% in after hours. Good news is the AI trade is intact. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Apple’s AI features will be enough to move growth higher than expected. PS topic: Today was the biggest day for Apple since the iPhone announcement. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Gene recaps Nvidia's April quarter and discusses the key takeaway: growth will be higher for longer. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Gene talks Apple's March quarter earnings. The stock is up mostly because of the guidance. The good news doesn't end there. Revenue growth should accelerate through the back half of CY24. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

On this episode of Pressure Points, Gene previews Apple earnings on Thursday. Get ready to hear more about a step-up in Capex. Big picture, more spending in AI is really good for Apple long-term. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Gene talks how GOOG being up 12% in after-hours makes sense because both Search and GPC growth accelerated. Also, margins are going higher this year. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Meta down 17% is both explainable and an overreaction. Big Picture: They’re going to build multiple new large businesses around AI in 2025 and beyond. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

On this episode of Pressure Points, Gene outlines the key takeaways from Tesla's earnings. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

I’m bracing for shares of TSLA to go lower after they report because consensus deliveries for 2024, 2025 and 2026 are likely too high. My long-term positive view is unchanged. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Gene has a different explanation than Tesla about why March deliveries were ugly. Big picture; This will pass because Tesla is making the right decisions for the long-run. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

On this episode of Pressure Points Gene breaks down the AI expectations for Apple's WWDC event in June. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Meta investors should pay close attention to what is happening with TikTok. While an outright ban on TikTok is now less likely, if it happened it would have a material positive impact on Meta's business. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Sounds like FSD is making some material improvements. I discuss when and to what extent it will impact Tesla's business in this episode of Pressure Points. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

The most important comment on the Nvidia earnings call was Jensen’s closing remarks about the size of the opportunity. We discuss in this episode of Pressure Points. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Here’s the preview for Nvidia earnings coming up on Feb 21. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

When it comes to META and AI, Llama is a meaningful lever the company can pull in 2-5 years. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Gene Munster and Andrew Murphy break down 48 hrs with Vision Pro. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

Gene talks about how Meta’s business is humming, and AI is going to make it better. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com