Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
But, you know, we think that, you know, where you want to be overweight
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
is outside of big cap.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
We're looking at small cap.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
We're looking at continuing to look at commodities.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
We think that's where the money's going to go.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
It was a ho-hum.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
It was kind of what we expected.
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Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
It just didn't surpass expectations.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
But the results do not warrant a change in our view.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
Yeah, I mean, it adds another element to the story, but that's not why we're investors in it.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
I don't think that that's going to be something that's factored in, in a material way, one way or another.
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Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
at the current time.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
So, you know, we're looking at it from a long-term standpoint, the optionality on all those areas that you listed, from robotics to self-driving, autonomous driving.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
And, you know, that's where the opportunities lie and that's why we're invested in it.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
But at the valuations that it's at and, you know, question marks around, you know, the demand side and give it a macro backdrop,
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
You know, we just think, you know, it's prudent to be cautious with it, but still maintain a small position in the portfolio.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
At this time, I got to listen to the call, see see what happens.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
I mean, but you could hear you could hear something today.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
if and only if it provides a change in my estimates.
Bloomberg Tech
Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
Because really one of the things that I focus on, I prioritize is what is the degree of the change in the estimates in absolute terms?