Pressure Points
by Deepwater Asset Management
Latest episode
Pressure Points: Apple 4Q’26 Earnings
Pressure Points: Apple 4Q’26 Earnings
About this podcast
Deepwater Asset Management's Gene Munster discusses the Pressure Points of important technology topics.
deepwatermgmt.substack.com
Episodes
The newest 20 of 129 episodes
- Pressure Points: Apple 4Q’26 Earnings · 6 minInvestors are missing the bigger point: Apple’s December revenue guidance was better than the Street expected. That’s more important than slightly softer margin guidance. P.S…
- Pressure Points: Amazon 3Q’26 Earnings · 4 minAmazon's message received: we’re an AI company. Don’t worry about bots threatening retail, AWS will be on fire for years. This is a public episode. If you would like to discuss…
- Pressure Points: Google 3Q’26 Earnings · 6 minGoogle Search had a tough September quarter and they’re not out of the woods yet. This is a public episode. If you would like to discuss this with other subscribers or get…
- Pressure Points: Tesla 3Q’26 Earnings · 7 minFSD is at an inflection point and traditional auto doesn’t have an answer. This is a public episode. If you would like to discuss this with other subscribers or get access to…
- Pressure Points: SpaceX 3Q’26 Earnings · 8 minThe stars are lining up for Elon to fully realize his vision of SpaceX being a vertical AI company, with the odds of a Tesla merger increasing. This is a public episode. If you…
- Pressure Points: Apple's "Welcome Home" Product Announcements · 8 minThe “Welcome Home” announcements today should add just under 1% to FY27 revenue. More important is the accelerating pace of product announcements. The “Home” segment represents…
- Pressure Points: Tesla Deliveries - September 2026 · 5 minThis is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com
- Pressure Points: Meta Connect 2026 · 6 minI expect shares of Meta to be flat to down on the Meta Connect keynote, given we didn’t get much on Muse adoption. What we got that was important is Zuck’s vision that all that…
- Pressure Points: Apple's "Surprise and Shine" Event · 10 minI went into today's Apple event thinking the foldable iPhone was going to be a rounding error for growth. After seeing the iPhone Duo, I’ve changed my mind. This is a public…
- Pressure Points: Nvidia July Quarter Earnings · 11 minGet ready for an AI tsunami. Nvidia’s CY27 revenue guide means the AI brain next year will be about 40% bigger than I thought 24 hours ago, which means the distribution will be…
- Pressure Points: Intel's June Quarter Earnings · 6 minThis is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit deepwatermgmt.substack.com
- Pressure Points: AI Trade Update: Google/Tesla Earnings · 3 minSo what did we learn about the AI trade from Google and Tesla earnings? The infrastructure trade is intact based on higher capex outlooks and margins have been under pressure…
- Pressure Points: Google’s June Quarter Earnings · 6 minThe massive Cloud beat got buried by higher capex guidance and expectations for lower Cloud margins going forward. As for Search, AI Mode monetization is beginning, which should…
- Pressure Points: Tesla’s June Quarter Earnings · 14 minWhile TSLA shares will likely be down tomorrow, the long term story continues to improve. Elon is all in on capex, FSD adoption is accelerating, Robotaxi is rolling out slowly to…
- Pressure Points: Tesla June Quarter Preview · 12 minTesla June Quarter Preview: More moving parts this time around including capex, sustainability of delivery growth, ramp of cybercab production and our old friend, auto margins ex…
- Pressure Points: Tesla's June Quarter Deliveries · 7 minTesla shares down on the huge delivery beat for three reasons. The biggest was buy on the rumor. The second is a question of how much did high gas prices help the number and…
- Pressure Points: Micron 3Q'26 Earnings · 6 minThe most underappreciated data point on MU’s earnings call was that the number of five-year SCAs increased from one last quarter to seven this quarter. That’s significant because…
- Pressure Points: WWDC Keynote 2026 · 5 minApple showed plans for a new Siri AI that consumers will love. They failed to answer the key question: Do they have the AI chops to deliver? My guess is that we’ll see Siri AI in…
- Pressure Points: NVIDIA 1Q'27 Earnings · 9 minNVIDIA keeps crushing high expectations. It was a $27B business in CY22. This year it will be more than $400B. Investors are more worried that the growth will slow next year…
- Pressure Points: Apple 2Q'26 Earnings · 12 minThe reason why shares of $AAPL are not up more is investors wonder if the new Siri can power an encore to iPhone super cycle that wraps up this quarter. I believe the answer is…
