Pressure Points

By Deepwater Asset ManagementBusiness Technology Investing

Pressure Points episodes

October 29, 2025 Pressure Points: Microsoft 1Q'26 Earnings
Microsoft was the least eventful of the three reporting tonight. December revenue guidance was in line with the Street, a slight disappointment, but the big picture remains 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
5 min
October 29, 2025 Pressure Points: Meta 3Q'25 Earnings
Meta shares are down on a flipped script — expenses are now growing faster than revenue. That said, it’s the right decision to position the company to capitalize on AI’s potential.

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
October 29, 2025 Pressure Points: Google 3Q'25 Earnings
Bravo to Google for accelerating Search in the face of chatbots. Sounds like the momentum will continue.
P.S. My prediction: Waymo IPO in 2027.

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
7 min
October 29, 2025 Pressure Points: State of the AI Trade - Google, Meta, Microsoft
Big-picture takeaway from Google, Meta, and Microsoft earnings: The mojo AI trade took a step back, while the fundamentals took a step forward.

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
October 28, 2025 Pressure Points: Decoding Nvidia's GTC Guidance
I believe Jensen is suggesting about 15% upside to revenue over the next 5 quarters. The stock’s up only 4% on that likely because there are enough moving parts to keep investors from taking his comments to the bank.

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
October 24, 2025 Pressure Points: Review of OpenAI's Atlas Browser
Since OpenAI launched Atlas, shares of GOOG are up 6.2%, compared with the Nasdaq, which is up 1.1%. Brian and I have been using it this week and concluded that while the agent mode is unreliable, it gets smarter over time and has huge potential.

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
12 min
October 23, 2025 Pressure Points: Tesla September Earnings
Tesla's big picture is still intact and they have plenty of cash to get there.

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
October 17, 2025 Pressure Points: Tim Cook's China Visit
Cook’s time in China underscores he’s the master of navigating geopolitics and that Apple’s manufacturing shift to India will be slower than some expect.PS: There’s a bonus at the end of the video: Good news continues on iPhone lead times.

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
7 min
October 17, 2025 Pressure Points: Tesla Earnings Preview (Oct 22)
Here’s the Tesla earnings preview. Numbers are going down next year, but that's ok because it's all about autonomy.

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
October 10, 2025 Pressure Points: Stocks Drop as US-China Trade Talks Stall
Below the surface, China US trade talks is about rare earth and GPUs. In the end, coming to an agreement is in everyone’s best interest.

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