Pressure Points

By Deepwater Asset ManagementBusiness Technology Investing

Pressure Points episodes

April 20 Pressure Points: Tim Cook Stepping Down as Apple CEO
Tim crushed it as CEO of Apple. Ternus has an opportunity to supercharge Apple’s multiple by changing the narrative, which is the biggest opportunity in big tech.

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
11 min
April 09 Pressure Points: SpaceX IPO & Sovereign AI
For the deep dive on our SpaceX Is Building the World’s First Sovereign AI thesis, check out Doug Clinton and I on 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
35 min
March 27 Pressure Points: Tesla Deliveries Preview - Q1 2026
Beyond the headline of next week’s Tesla deliveries is the reality that the EV business is in a better place today than two years ago. Big Auto made big cuts to EV investment over that time, and that gives Tesla a bigger opportunity, especially in the US where we don’t have BYD.

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
11 min
March 16 Pressure Points: Nvidia's GTC Keynote 2026
Bottom line from Jensen’s keynote: Demand is measurably stronger than even the highest expectations, and investors are still having a hard time getting comfortable with that.

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
6 min
March 13 Pressure Points: Apple's 50th Anniversary
Reflecting on Apple’s upcoming 50th birthday reveals why the company will continue to be successful.

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
13 min
March 04 Pressure Points: Day 3 of New Apple Products - MacBook Neo
The new MacBook Neo should add 0.5% to overall revenue for the next year. I believe it won't impact margins.

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
5 min
March 03 Pressure Points: Apple's New Mac Lineup
The new Mac’s announced today add color to Cook’s “range of options to deal with margins”.

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
9 min
March 02 Pressure Points: New Apple Products - iPhone 17e & iPad Air
The new Apple products should translate into a modest upside for June quarter revenue.

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
5 min
February 26 Pressure Points: Nvidia 4Q'26 Earnings
Three takeaways on Nvidia:
1. The stock being down 1% underscores that investors’ long term growth concerns remain.
2. The fundamentals and outlook came in better than elevated whisper numbers.
3. Most importantly, the guidance reinforces just how early we are in AI.

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
11 min
February 04 Pressure Points: Google 4Q'25 Earnings
Google's business and growth outlook is rock solid. Shares sold off on the massive CapEx guide, comments on rising depreciation impacting earnings, and unknowns around quarter-to-quarter Cloud growth.

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
8 min