Pressure Points

By Deepwater Asset ManagementBusiness Technology Investing

Pressure Points episodes

April 02, 2025 Pressure Points: Tesla Deliveries 1Q25
For Tesla’s long-term autonomous vision to become a reality, deliveries need to reaccelerate. That should start next 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
13 min
February 27, 2025 Pressure Points: Nvidia 4Q'25 Earnings
The near-term results and guide were great but not extraordinary. Long-term things should return to extraordinary.

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
February 04, 2025 Pressure Points: Google 4Q'24 Earnings
I think the initial Google reaction is an overreaction. Google Cloud was not as bad as it first appeared, Search still needs an overhaul, and the company needs to deliver on its promise of exciting upcoming products.

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
January 31, 2025 Pressure Points: Apple 1Q'25 Earnings
Apple's quarter was not as bad as the numbers first looked based on channel inventory and the guide. I still believe Apple Intelligence will reaccelerate iPhone sales starting in June based on early uptake data in the US.

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
January 30, 2025 Pressure Points: Tesla 4Q'24 Earnings
Tesla basically dropped the 2025 bar to the floor and raised the 2026, 2027, and 2028 bars to the stars.

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
January 30, 2025 Pressure Points: Meta 4Q'24 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
7 min
December 18, 2024 Pressure Points: Market Reaction to Fed Meeting Dec-24
Powell's comments spooked tech investors. While the AI trade may be dampened in the near-term, I expect December earnings to be the catalyst that returns confidence to AI investors.

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
November 20, 2024 Pressure Points: Nvidia 3Q'25 Earnings
Bottom line with Nvidia earnings: I think the company will grow much faster than the Street expects in CY26.

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 31, 2024 Pressure Points: Apple 4Q'24 Earnings
Apple’s September quarter and December guide reminds us that it will take a few quarters for the Apple Intelligence acceleration to begin.

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 30, 2024 Pressure Points: Meta 3Q'24 Earnings
Following the Meta call, the key takeaway is the core business is doing great and they’re aggressively investing in AI to become the next big thing. My guess is that big thing is related to monetizing 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
8 min