Bloomberg Talks Deepwater Gene Munster Talks Apple And Amazon Earnings
May 1, 2025
Gene Munster, co-founder and managing partner at Deepwater Asset Management, dives into the financial health of tech giants Apple and Amazon. He discusses the reassuring profitability of major tech firms and contrasting investment strategies of Microsoft and Meta due to AI advancements. Munster predicts Amazon's cloud business will thrive amid growing AI demand. He also addresses Apple's upcoming earnings amidst economic uncertainties, including tariff impacts and supply chain challenges, highlighting confidence in Tim Cook's leadership.
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MAG7 Free Cash Flow Resilience
- MAG7 companies like Microsoft and Meta show persistent free cash flow resilience amid economic headwinds.
- Investors are realigning to appreciate these tech giants as strong, ongoing cash machines.
AI Drives Tech Spending Growth
- Tech spending remains a growth story, with AI impacting businesses such as Meta positively.
- Meta's daily active users grew 6% year over year, showing AI's real impact at scale.
Focus on Amazon's Cloud Growth
- Amazon's cloud business is the key focus, not its retail shipments.
- The surge in generative AI demand is increasing AWS usage significantly.