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Steve Mam

๐Ÿ‘ค Speaker
11 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

Yeah, I think if you look at the stock price over the last quarter, there's definitely some push and pull on the stock price.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

It's been pretty steady where it's at at the moment.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

So there are two camps.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

One is looking at the business fundamentals.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

Sales in the fourth quarter was down 15%, 16%.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

There's been a lot of pull ahead before the $7,500 US tax credit went away.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

So earnings are probably not going to be pretty.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

But on the other camp, investors are really stoked with their CyberCav robotaxi rollout.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

yeah i think investors very anxious about that you know elon musk has talked about you know the vision system self-driving vision system uh that they're rolling out um there's a lot of anticipation because you know i think the next leg for the company is really scaling that business so it's about robo taxi it's about rolling out the cyber cab uh the new you know uh

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

steering, wheel-less, brake, pedal-less vehicle, and the FSD subscription.

Bloomberg Tech
Amazon Cutting 16,000 Jobs, ASML Reports Record Bookings

So, I mean, investors are very stoked about this and they're really looking for Elon Musk to tell them that, hey, in the next three to six months, we are really going to scale it up beyond Austin.