All The Technology Letter articles in descending chronological order
Articles published in 2024
Sell-side most interesting: Samsung signals Gen AI demand, Amazon’s cloud speeds up
Sell-side most interesting: Be like Buffett on Apple, ON Semi’s turnaround
The TL Podcast for April 29th: Redeemed by cloud spending
Sell-side most interesting: A small Google dividend upstages cloud battle with Microsoft
Sell-side most interesting: Rubrik IPO is a downer, so is Meta’s AI spending
Tesla’s accelerated road map may not be all that
Sell-side most interesting: No upside in Super Micro, a night of stock jumps
Tesla surges as it says it will speed up budget car introduction
Sell-side most interesting: Stay with Cadence Design, Nvidia will rebound in May
Hashicorp emphasizes the cloud transition
The TL Podcast for April 21st: Nvidia takes a tumble
DigitalOcean CEO: a ‘spectacular’ opportunity in Gen AI
Sell-side most interesting: TSM’s eggs are all in the AI basket
Netflix will stop disclosing member count, will it hurt advertising?
ASML misses: A ‘hiccup’, says Street
The TL Podcast for April 16th: Get ready for earnings season
Sell-side most interesting: Underwriters underwhelmed by Reddit
Sell-side most interesting: Tesla’s ‘horror show,’ Astera’s pricey stock
D-Wave CEO: ‘We will be profitable before any other quantum company’
Sell-side most interesting: Tesla’s over-priced autonomy, Marvell’s AI promise
AI investing: the ‘hard’ problems
Sell-side most interesting: Tesla’s ‘model transition,’ a cheaper AI play
Sell-side most interesting: Earnings upgrade season gets underway
Nvidia’s inverse estimates behavior: here we go again
The TL Podcast for April 4th: Tesla unraveling
Sell-side most interesting: Microsoft’s AI spending, Reddit isn’t even Pinterest
Intel’s giant losses in Le Divorce: Glass half full or empty?
Secureworks CEO: This is the best buy in security, for certain
Sell-side most interesting: Tesla’s disaster, changing of the guard in renewables
Sell-side most interesting: A fiber-optic gold rush in AI, the big change in cyber-security
Sell-side most interesting: EVs in decline, Palantir is over-priced, mixed trends for fiber optics
The TL Podcast for March 26th: Micron rockets as the memory race gets underway
GitLab CFO: We will continue to operate against our plan
Sell-side most interesting: Microsoft’s AI year, why Reddit’s over-priced
Sell-side most interesting: More upside in Super Micro, more downside in Tesla
Reddit’s terrible business: Mediocre growth, no profit
Tarana Wireless: One of those great unsolved tech problems that could go big
Sell-side most interesting: Broadcom your Nvidia alternative, a different bet on Bitcoin
Micron soars, and its AI year is looking pretty good
Apple and Google’s AI: Who pays whom?
Sell-side most interesting: Soaring price targets on Nvidia, Duolingo can survive a TikTok ban
Elastic CEO: Companies will lean into public cloud for AI
The TL Podcast for March 14th : Thanks for the memories
Sell-side most interesting: Nvidia and all those data centers
Can we pick winners in AI’s memory obsession?
Broadcom CEO endorses that crazy AI revenue projection from AMD
Sell-side most interesting: What makes Temu Tick, Nvidia the most owned
The TL Podcast for March 5th: We are not in a bubble
Nutanix CEO: ‘AI moves to where the data is’
Frothy? Maybe a little, but hardly a bubble
Enovix CEO: No cell phone maker wants to be left behind with a new technology
Dell versus Elastic: Investors calculate the AI payoff
The TL Podcast for February 28th: What an Nvidia week
Why it’s so hard to catch Nvidia
Sell-side most interesting: Tis the season of software and AI
Innodata CEO: We are critical to tech giants’ AI ambitions
Intel may ‘limp along’ for the next two years
BE Semi, Synopsys, DigitalOcean shine amidst earnings gloom
Nvidia price targets surge into the $1,000s
Nvidia’s shares surge as forecast beats
Sell-side most interesting: Nvidia’s uncertainty, Palo Alto’s nasty surprise
Informatica with a clean sheet of paper
The TL Podcast for February 19th: Lyft, Applied Materials headline low-expectations season
WolfPack’s short story on Innodata tripped up by trying to explain ‘AI’
Applied Materials jumps as Street is dazzled by the AI prospects
Cisco’s excuses, CEVA’s appeal, Informatica and JFrog shine
More earnings extremes, but one name looks intriguing
The TL Podcast for February 12th: Excess and disappointment
Arista falls, ZoomInfo surges amidst valuation excess
ARM goes from ridiculous to astronomically expensive
ARM, Monolithic Power beat the blues, Axcelis sells off
The TL Podcast for February 6th: Rebalancing the TL20 in a world of high prices
Arista, Snowflake: Cloudy day in a nice kind of way
Meta is Patek Phillipe, Amazon’s profit dazzles, Apple defended
Apple’s Titanic headset reviews: Jobs would not approve
Fed Reserve tanks earnings season, but Nextracker is a star
High expectations make disappointments of AMD, Alphabet, Microsoft
Sell-side most interesting: AMD enthusiasm, Temu’s impact, cheers for ZoomInfo
The TL Podcast for January 29th: The thick of earnings season
Intel’s streak ends: Is data center being hurt by the AI craze?
Street cheers IBM’s free cash flow, Tesla comes up short again
ASML’s huge surge in orders points to the AI race
Netflix’s subscriber beat delights, but everyone wants to know about that Wrestling deal
Sell-side most interesting: The AI race is on, dump Coinbase, buy Zuora
Smartsheet CEO: The race for productivity is still on
Street is delighted with Taiwan Semi’s AI outlook
Sell-side most interesting: The moving target of SiC, AI’s role in cyber-security
Kopin: Will a surgeon’s headset transform this small company?
Sell-side most interesting: Cheers for the AI PC, Micron’s advantage, and Hewlett has ruined capital returns
The TL Podcast for January 15th: CES brings the animal spirits
Elastic CEO: Still in the early innings of Gen AI
Will ETFs boost Bitcoin through 2024?
Sell-side most interesting: It’s warning season, and why is Hewlett buying Juniper?
Sell-side most interesting: Apple defended, thumbs up for Dell, Couchbase, Microsoft
The TL Podcast for January 7th: A rough start
The secret of Apple’s success: it’s the cash
Pure Storage CEO: More and more, a software company
Sell-side most interesting: Bullish on chips and software, mind the Internet ‘narratives’
Sell-side most interesting: Sell Apple, chip bargains, the China syndrome
The TL Podcast for January 1st: What lies ahead
Articles published in 2023
Zscaler CEO: ‘These things are not trivial’
Sell-side most interesting: Tesla’s push, bully for ARM, Monolithic Power
ASML could be key to Intel’s progress in 2024
For Micron, 2024’s AI payoff could be very nice
Snowflake, Trade Desk lead dramatic expansion of valuation multiples
Sell-Side most interesting: Lessons of Alteryx, Adobe’s buybacks, chip-making’s leading edge
MongoDB CEO: ‘We've earned investors' confidence’
Intel CEO Gelsinger: Nvidia’s moat is shallow and small
The TL Podcast for December 12th: Markets defy the dregs of earnings
Sell-side most interesting: Cheers for Robots and Intel, telecom equipment sucks
Oracle’s cloud computing gains still fail to dazzle
GitLab CFO: AI becoming a commodity helps us tremendously
AMD shares slip: Is just as good as Nvidia good enough?
C3.ai falls, Braze rises in more mixed week for software
The TL Podcast for December 4th: A blow-out week for software
Sell-side most interesting: AMD’s big day, cheers for IBM, and Tesla’s polarizing Cybertruck
What a week for software as hedge funds step up
How high can Nvidia’s Revenue go? Difficult question, says Daiwa
UiPath CFO: 'We are positioned very well for long-term growth’
Nutanix, Snowflake, Synopsys shine in night of TL20 reports
The TL Podcast for November 28th: Bad week for Nvidia and Gen AI
Amazon’s Q bot is the commodification of AI
CrowdStrike is another highly successful security name selling on the news
Roger McNamee: There will be a reckoning for generative AI and all the excesses of easy money
Zscaler’s nice report tripped up by The Metrics
Sell-side most interesting: What is Q*?
Informatica CEO: There is no doubt generative AI will create value
Nvidia rising: Still underestimated
You-know-what is hitting the fan for Microsoft on this OpenAI thing, says Street
The TL Podcast for November 20th: An AI soap opera
Sell-side most interesting: Microsoft’s ‘coup,’ are EVs saturated?
The soap opera of OpenAI: Nvidia’s still the key
Applied Materials earnings upstaged by headline of DoJ probe, company says nothing new here
Cisco: In the spring, there will be growth
The TL Podcast for November 13th: a reprieve for stocks
Sell-side most interesting: The Next Google, buy GitLab
T Rowe Price really, really likes AI
Enovix’s year to get the formula right
Arista's got Nvidia in its sights
Quantum computing stocks sag as results fail to impress
ARM’s vague profit language sinks stock six percent
OpenAI’s got a tough slog ahead, which is great for Nvidia
After a 42% plunge, how does Confluent’s CEO assess the road ahead?
Street debates Apple’s weak outlook: not enough new product?
What are we going to do with Confluent?
Qualcomm finally brings reason to cheer, and Qorvo is okay, too
AMD could have quite an AI year in 2024
Arista, Wolfspeed surge on a day of stunning reversals
ON Semiconductor plunges as auto demand slows, Tesla drops in sympathy
The TL Podcast for October 29th: Stocks fall apart
Intel and Amazon: Low expectations
The tech hunter: Seligman’s Paul Wick offers picks and pans
Good times over for Meta investors as spending on AI will soar in in 2024
Sell-side most interesting: Dump Google, and AI pervades the economy
Tale of two clouds: Microsoft tops, Google flops
Sell-side most interesting: Cadence is an AI play, buy Lattice Semi
Nvidia comes for Intel: a non-event
Sell-side most interesting: A good setup for Alphabet, Meta
Tesla’s dreams — Optimus, Cybertruck, Robo-Taxi — take a step back
This is the ‘reset’ ASML needed, say bulls
The TL Podcast for October 17th, 2023: The dogs of earnings
That’s not investing, it’s speculation
The drip, drip, drip of China’s sanctions hard to gauge for Nvidia
Sell side most interesting: Software discounts, mixed views on Klaviyo, ASML ‘de-risked’
Nvidia: Cowen hikes 2025 estimate by $10 billion on ‘accelerated’ chip roadmap
Sell side most interesting: Apple’s services, Unity’s change, Corning and Cambium cut
The TL Podcast for October 9th, 2023: Stocks are still doing just fine
Apple could make more money on Google anti-trust suit
ARM initiations see upside to as much as $85
Sell side most interesting: Meta’s AI, chip equipment doldrums
Sell-side most interesting: Cambium Analog Devices, AMD
Microsoft’s OpenAI stake may be worth a hundred billion dollars, says Oppenheimer
Intel’s plan to spin Altera delights the Street: And then there were two
Enovix sinks, but the news is not so dire
Talking tech on the 7Investing Podcast
Innodata CEO: In the midst of an AI ‘revolution’
Micron: the joke’s on the bears, says Needham, up’ing to Buy
The TL Podcast for September 25th, 2023: Stocks are just fine
Don’t bet against Microsoft’s generative AI, says Guggenheim
Berkshire keeps dumping HP Inc. stock
GitLab CFO: We are very early in the process of seeing Gen AI’s value
Cisco’s Splunk deal bolsters software M&A
Cisco spends big on Splunk: Now starts consolidation in DevOps?
Nvidia may be almost done with its inverse estimates behavior
Intel’s profit outlook spooks the Street
Alteryx: Morgan Stanley ups to Buy as expectations have bottomed
Tesla will probably lower prices next year, too, says Goldman
Micron to ride the trend of DRAM in AI, says Deutsche Bank
ARM: Sell, says Bernstein, expectations too high
Adobe’s Gen AI pitch fails to dazzle
ARM IPO closes up twenty-five percent, now ridiculously expensive
ARM IPO: New Street sees $59 a share in a year
Apple didn’t deliver sweeping price increases, but the Street forgives them
Ellison touts Gen AI, but Oracle sells off sharply
Tesla’s AI will push it over a trillion in market cap, says Morgan Stanley
The TL Podcast for September 10th, 2023: The TL20 re-balancing
Nvidia, DoubleVerify, Snowflake: What we learned at the Goldman and Citi conferences this week
Taiwan Semi’s Friday morning report brings reason to cheer
You’re back and so are earnings: UiPath surges
Dynatrace CEO: Still set on capturing an enormous market
Elastic CEO: Gen AI ‘becoming a big tailwind for us’
Stellar earnings night for Elastic, Nutanix, and MongoDB
Earningspalooza: Salesforce, Okta, PureStorage, CrowdStrike all satisfy
Microsoft’s AI demo is compelling, says Jefferies
Earningspalooza: Nvidia and everyone’s else’s inverse estimates behavior
Nvidia: Stifel ups to Buy on ‘generational compute shift’
Nvidia surges as results, outlook crush expectations
Nvidia: tonight just won’t be enough, says Lynx
The TL Podcast for August 21st, 2023: Here comes Nvidia
As Nvidia overtakes Intel and AMD, what does this week look like?
Informatica CEO: ‘Everyone else has fallen off a cliff’
Free for non-subscribers: Enovix CEO: building the world’s next great battery
Applied Materials rising: back to business
Earningspalooza: A very unhappy Wolfspeed call, Cisco sees stability
The TL Podcast for August 14th, 2023: Nvidia falls, Cisco and the rest of earnings
Software status check: where is growth?
Quantum rally continues as IonQ, Rigetti soar on quarterly reports
Enovix CEO: building the world’s next great battery
Generative AI didn’t prevent Roblox stock from plunging
Earningspalooza: Array, Rapid7 soar, Upstart plunges
Datadog plummets as it cuts sales outlook first time ever
The TL Podcast for August 7th, 2023: Tech earnings face the music
Earningspalooza: Alteryx plummets, Palantir rises on billion-dollar buyback plan
Tesla CFO is departing, but Canaccord says profit picture improving
DigitalOcean plunges: chasing AI costs real money
Apple shares sag as iPhone sales miss expectations, services shines
Amazon surges as cloud business ‘stabilizes’
Qualcomm drops as Deutsche Bank throws in the towel
AMD rising: Street sees a second-half AI payoff
The TL Podcast for July 31st, 2023: A truly Mega week of earnings
New Relic puts a price on software far below the norm
Arista soars as its stunning numbers continue
Adobe: Morgan Stanley does the math on what Generative AI is worth
ON Semi rising: keeps racking up the silicon carbide deals
Intel had a good quarter, the bears aren’t swayed
Intel surges on revenue beat, surprise profit, forecast beats as well
Meta’s stock surges as Zuckerberg talks up AI, ServiceNow dips despite AI
Google wins, Microsoft loses this round of AI
Microsoft slips: Street anxious to know when AI will pay off
Google beats, stock surges: CFO job up for grabs
The TL Podcast for July 24th, 2023: The agony and the ecstasy of AI
ON Semi’s auto market cools, take profits, says Rosenblatt
Quantum stocks: suddenly an AI play
Taiwan Semi debate: the skeptics were right, but Jefferies defends the technology
Tesla, starved for Nvidia GPUs, to spend over a billion dollars on its own AI chip
Hello, Watson? IBM shares sag on second quarterly revenue miss
Netflix slips as revenue comes up short despite subscriber jump
Tesla shares sag despite Q2 beat; gross margins not bad
ASML slips: a good report, but a more muted outlook
Microsoft just put a price to the AI ‘uplift,’ and it’s big
The TL Podcast for July 17th, 2023: TL20 at year one, does Nvidia have room to run?
Fisker is ‘embryonic’ but promising, says Cowen
AI is providing some ‘stability’ to software companies, says Mizuho
One more thing: GPUs ‘cannibalizing’ other chips, check out BE Semi, and Intel’s ‘Gaudi’ prospects
TL20 turns one year old with a bang
Belt-tightening in cloud computing may be almost over, says Deutsche
Does Meta have a new ‘platform’ strategy? asks Barclays
A ton of chip factories are going to be built in coming years
Microsoft’s win in court opens M&A floodgate, says Jefferies
Enphase: How much might Tesla eat their market?
Nvidia: Still ‘significant runway’ says Goldman
The TL Podcast for July 9th, 2023: Microsoft, Meta, AMD, Wolfspeed, and Netflix are stars
Meta’s ‘swagger’: two billion Instagramers can be a big Threads business, says Street
All Microsoft’s ‘co-pilots’: Morgan Stanley sees $90 billion opportunity
MongoDB will ‘keep sailing on the great path it’s on,’ says departing CTO Porter
Netflix could make a lot more in 2025 than people think, says Goldman
Advanced Micro Devices can drain Nvidia’s moat, says Northland
Wolfspeed $2 billion deal with Renesas means scale for silicon carbide
The TL Podcast for July 3rd, 2023: Good tidings from BlackBerry, Micron, Intel, etc.
Tesla targets rise on deliveries; AI ‘under-hyped’ says Canaccord
Big changes are coming to the database market because of AI
Nvidia’s demand heats up, so does Intel, AMD’s, says New Street
Nvidia: No competition in sight, says Daiwa
Coinbase rising on SEC rebuttal: could still end badly, says Jefferies
Sudden departure of MongoDB’s CTO: Stay tuned
Micron rising: finally, a quarterly beat
Snowflake restores confidence at analyst day with talk of ‘consumption'
Intel could have a ‘monster’ quarter
The TL Podcast for June 26th, 2023: Tech’s parabola returns to earth
MongoDB CTO: ‘The sky’s the limit for this company’
Whole lotta analyst days: C3.ai, Equinix, MongoDB and more
Mammoth AI report from Jefferies prognosticates on every industry
Elastic CEO: Selling shovels for the AI gold rush
Intel announces le divorce: its factories will be a real business not a spouse
Monday.com's beat-and-raise cadence a sign of good things to come, says Cowen
Coherent stock has gone too far on AI hopes, says Rosenblatt
Entegris: Buy it, a bright spot in semi-cap, says BMO
The TL Podcast for June 19th, 2023: Selling chip equipment
Time to drop AMAT and ASML as New Street pushes semi-cap recovery to 2025
Zscaler CEO Chaudhry: disrupting the old guard is a mega-opportunity
Yes, it’s time to trim semiconductor equipment after AI hype, says Deutsche Bank
Upstart CFO says the consumer is past the worst, says Mizuho
Don’t believe the AI hype: Needham downgrades Applied, ACLS, etc.
Confluent’s analyst day wasn’t quite enough for high expectations
AMD stock falls despite a good AI talk
The TL Podcast for June 12th, 2023: Bonfire of the Mega-Caps
Oracle sees a bit of The Nvidia Effect in infrastructure surge
Micron: prospects for August aren’t looking good, says Deutsche Bank
AMD: Nvidia’s a tougher target than Intel, warns Merrill
Applied Materials CEO Dickerson pursues the grand alliance
Apple’s Vision Pro: Is this the insight the company needs?
The Vision Thing: Street debates who will want Apple’s headset
Amazon can be a winner as AI becomes a commodity, says UBS
Mobileye sags on deal pricing, but Canaccord recommends jumping aboard
Netflix: ‘paid sharing’ will speed up growth, cash flow, says JP Morgan
Mega-Cap sells off: What did you expect?
GitLab CFO explains the generative AI prospects
Ciena drops: customers ‘push out,’ but demand still ‘strong and durable’
Coinbase plunges: SEC suit could have $6 billion in damages, says Barclays
The TL Podcast for June 5th, 2023: Apple Vision edition
Oy vey, Apple gets sucked into Meta’s virtual nonsense
Every software company Jefferies talks to has an AI pitch
Cambium CEO optimistic amidst global economic uncertainty
Broadcom price targets soar as Hock Tan promises to mint money on AI
Earnings Thursday: MongoDB and Samsara soar, PagerDuty, SentinelOne plummet
C3.ai plummets, CrowdStrike drops, Pure Storage jumps
Two Hewletts declined, but one had the better generative AI story
The TL Podcast for May 29th, 2023: Time to cash out of Nvidia?
Has AI mastered sentiment-based stock trading?
The Nvidia Effect: What just happened?
Snowflake plunges: delayed gratification is hard for one of the most expensive stocks
Analog Devices drops eight percent, but CEO promises a ‘soft landing’
Apple headset: don’t dismiss it, says Merrill Lynch
Palo Alto confirms cyber-security’s healthy trend
Mammoth AI reports from Needham, Deutsche, others predict tech stock winners
Micron Technology: Buy it, says Mizuho, China has very few options
The TL Podcast for May 22nd, 2023: Week of tech froth: stocks surged on no news whatsoever
Applied Materials to spend an extra four billion to build advanced chip R&D center in Silicon Valley
Shot heard round the world: China bans Micron
Synopsys CEO de Geus: AI is a productivity revolution in chips
Procore CEO on becoming a global company
Applied Materials sells off: multi-billion-dollar investment to be announced Monday
Cisco sees orders fall, but true demand remains something of a mystery
Onsemi: A smart strategy, a somewhat defensive tone
Informatica CEO: Cloud is moving full-speed ahead
The TL Podcast for May 15th, 2023: at the debt precipice, earnings results save stocks
Will Amazon go security shopping?
Roblox rising: Benchmark, Roth MKM raise to Buy on growth, cost savings
Palantir CTO: generative AI will be just a commodity
Nextracker flies out of the gate, Trade Desk on a streak, Coherent falls
DigitalOcean CEO Spruill charts a sane course through the generative AI craze
Promise and pain: ZScaler, Palantir surge, Western Digital rises, Skyworks drops
The TL Podcast for May 7th, 2023: the week AI fears knocked down stocks
Shopify, InterDigital, Coinbase among Thursday’s winners
Clearfield plunges: first big disappointment of the TL20
Apple rising as iPhone revenue beats, raises dividend
From Qualcomm to Informatica to FARO, an evening of tech disappointment
C3.ai CEO Siebel: ‘We are committed to run a sustainably cash-positive, profitable business’
Advanced Micro Devices falls: data center sales take a breather
ON Semiconductor defies the silicon carbide doubters
Arista drops: No one wants to go back to ‘The Pause’
The TL Podcast for April 30th, 2023: cloud war for AI is on
GitLab CFO: Long investors believe in the company and the product
Intel surges: less-bad news ahead, says Street
Amazon surges as AWS beats low expectations, Intel’s margin deteriorates
Tesla’s price cuts torpedo Mobileye
Alteryx: the renovation of the company is working, says Loop Capital
Meta, eBay, Roku surge, Wolfspeed drops
Will Roku’s rampant spending ever give way to profit? asks Moffett-Nathanson
Elevator going up for Google, Microsoft spending
The cloud war is on for Microsoft and Google: A new arms race
Google jumps, Enphase collapses
Microsoft surges as Q3 beats on better-than-expected cloud revenue
Mega-Cap earnings: Amazon, Alphabet, Microsoft contend with lousy trends
The TL Podcast for April 24th, 2023: Earnings week for tech’s giants, and the next ‘generative’ AI
Cadence Design falls, but consider the AI opportunity
The very modest argument in favor of Amazon at JP Morgan
Taiwan Semi stays the course, drives up chip equipment stocks
IBM is a positive sign for software
Tesla can fix gross margin, but self-driving? Nope
ASML drops: the law of very large expectations
Netflix conference call: vague signs things are going in the right direction
Ericsson drops as 5G cools off
Netflix on tap: will the growth outlook hold up?
Roblox falls: this is why companies stop reporting metrics
The TL Podcast for April 16th, 2023: looking at cash-rich tech, and first-quarter IPOs
Fortinet: ‘stable’ security market can support their momentum in ‘SD-WAN,’ ‘SASE,’ says Cowen
Intel remains a ‘share donor’ to AMD, says Merrill
Enphase is your best bet at the moment for solar, says Deutsche
The first-quarter IPO season: Nextracker lead eleven brave hopefuls
Stick with semiconductors, says Evercore
Array Technologies set to ride a multi-decade solar boom, says Wolfe
The TL Podcast for April 10th, 2023: stocks didn’t rise on Easter week
Sarcos Technology CEO: ‘We will change the industrial landscape’
Should AMD investors fret Intel’s improved outlook? asks Piper
Hooray for Micron, as Samsung signals the all-clear
Tesla’s new price cuts put margins back in focus
Coherent plunges, but look to the AI market down the road, says Raymond James
Pick Skyworks over Qorvo, says Stifel
Pure Storage: they still have the best products, says Wedbush
Ciena’s just fine despite Lumentum shortfall
Stripe could be the next giant IPO
Arista: has the stock gotten ahead of itself?
CrowdStrike: favorable analyst day reception to growth and free cash flow
The deep red ink of AI darling OpenAI
Chips had their best quarter in twenty years, now what?
The TL Podcast for April 2nd, 2023: Software gets a lift, Nvidia’s opportunity
Early read seems positive on Tesla’s delivery shortfall
Nvidia’s opportunities in AI are ‘large and still early,’ says Bernstein
Block still has explaining to do
Ciena can carry the battle to Cisco, Huawei, says Raymond James
Silicon carbide play Aehr drops sixteen percent on mild outlook
Intel still has a very high hill to climb
Qualcomm, Micron, Hewlett-Packard Enterprise, and Meta are top Bernstein quant picks
Micron sees growth ahead; could 2024 be a boom?
Will Lyft be put on the block?
Arista, Nvidia, Coherent to ride wave of data center spend, says New Street
Roku: Buy it, the worst is over, says Susquehanna
The TL Podcast for March 26th, 2023: ASML as AI winner, and what to do with Block
For ASML, AI increases everything
Cambium Networks CEO on the 'expansion year’
Block needs to disclose Cash App fraud rates, say analysts
Procore: Buy it, the construction outlook is strong, says Davidson
Coinbase plunges: Oppenheimer says get out of this bad crypto climate
Block accused of fraud by short-seller Hindenburg, analysts say not much new here
What’s up and what’s down in the tech ratings game
Procore unveils insurance product, could boost revenue, says Jefferies
Nvidia’s generative AI fest greeted with applause on the Street
Roblox: This ChatGPT thing can really boost their business, says Davidson
The TL Podcast for March 20th, 2023: brighter times ahead for software and chips
Semiconductors: the chorus calling the turnaround grows
Some software stocks have gotten even cheaper
PagerDuty CFO Wilson: ‘There’s still so much opportunity’
UiPath: The sales strategy is working, says Canaccord
Qualcomm, Skyworks: Buy ‘em, this is the bottom, says Susquehanna
The TL Podcast for March 13th, 2023: SVB rally, GitLab implodes
Pager Duty, Asana, MicroStrategy soar on SVB backstop rally
SVB collapse could force SoftBank to mark down portfolio by billions, says Jefferies
What are the chances SVB’s implosion could actually boost crypto’s appeal?
Street mulls Silicon Valley Bank exposure
After Silicon Valley Bank collapse, mind tech’s cash pile
SVB: All the tech companies that have disclosed connections so far
BigCommerce hampered by little customers, says Davidson
Trade Desk: Sell, says Benchmark, buy-side expectations ‘untenable’
Datadog’s outage can be grist for competitors, says Rosenblatt
ON Semiconductor: faith reaffirmed in silicon carbide, says Merrill
Tech M&A: as Qualtrics, Sumo, Coupa fade away, what does it mean for tech?
CrowdStrike rising: after a terrible quarter, back to the races — The Technology Letter
Confluent CEO: In a big market, you have to go out and win it
Tesla’s promise of using less silicon carbide is a ‘red herring’, says William Blair
Tesla’s four-hour master plan had some interesting moments
Pure Storage: Bulls rally to its defense
Snowflake says goodbye to the go-go years
Tesla: what the heck is Master Plan 3?
Rivian falls on revenue miss, expects to double production in 2023
ChatGPT could trim the ‘long tail’ of online travel, says RBC
Microsoft’s bing has yet to dent Google search traffic, says Merrill
The TL Podcast for February 26th, 2023: Nvidia and AMD talk AI — The Technology Letter
Software disappointment is working, the stocks are coming back, says Jefferies
AMD’s chip vision: the ‘final frontier’ is a very broad use of AI
Tech IPOs will be back, and with them, the game of expectations
Nikola joins Lucid and other earnings failures
Oops! ChatGPT’s potential may be buried under an avalanche of suits
Goldman ups Nvidia to Buy: valuation expands as revenue does
Nvidia CEO Huang: ChatGPT speeds up our market
Never a great sign: Intel slashes dividend sixty-six percent as it struggles for turnaround
Coinbase’s pivot: emphasizing subscriptions in an uncertain crypto market
Informatica CEO: ‘a great opportunity for us’ in a stormy cloud market
What electric vehicle investors are missing is ‘the two clocks,’ says Barclays
DigitalOcean CEO: ‘We have to be a compelling alternative for investors’
Applied Materials rising, Hubspot and Cambium also earnings gainers
DigitalOcean surges on restructuring, increased profit view
Elastic, Couchbase, et al: software is getting ahead of itself, says Barclays
Cisco’s actual demand is a little vague, but Street is satisfied
Analog Devices rising as chip demand sustains
Upstart surges twenty-seven percent as analysts debate prospects
Crowdstrike, Palo Alto top security names at Goldman
Check Point didn’t quite make the case for growth
Confluent, Hashicorp two well-valued Buys at Moffett
Palantir soars nineteen percent on surprise profit
Arista’s not yet an ‘AI company,’ but you can see the possibility there
The TL Podcast for February 12th: What an AI week
Check Point CEO Shwed makes the case for complexity
The one secret to know about AI
Micron Technology: Buy it, this is the bottom, says Mizuho
AI Advantage Google, long term, not Microsoft, says Merrill
Nvidia, ChatGPT, and the quarter-billion-dollar machine, per Jefferies
Dynatrace CEO: ‘The great news is the fundamental momentum in this market’
Microsoft’s Bing Beta dazzles the Street, but at what cost?
Cisco could surprise next week, says Evercore, but mind those new orders
Enphase: solar darling continues its amazing streak
Take-Two misses: Gamers becoming locked into the same dominant games, says Jefferies
C3.ai stock momentum continues, but ‘generative’ AI is going to be just a commodity
As cloud slows, Splunk is the safe choice over Datadog, says KeyBanc
Recession or not, some tech stocks have seen growth accelerate not decelerate
Amazon, Microsoft, Google’s cloud has dissipated, but bulls look to a second-half recovery
Clearfield drops ten percent: An ‘alignment’ as customers digest what they bought
Qualcomm: headed in the right direction
Apple drops as revenue misses amidst ‘challenging’ environment, supply chain issues
Alphabet, pressed to show AI leadership, changes DeepMind segment reporting
Amazon slumps despite Q4 sales beat, forecast comes in lite
Rocket Lab et al.: Houston, we have a bottom, says Deutsche
Wolfspeed’s new Silicon Carbide factory in Germany: what about the dilution?
Meta soars twenty percent: cuts expenses, boosts share buybacks by $40 billion
ChatGPT is the tip of a one trillion dollar ‘generative’ AI market, says UBS
AMD rising: Is ‘historic’ share shift from Intel underway?
Samsung: Street divided over whether they’re going save or doom chip industry
The TL Podcast for January 29th, 2023: The TL20 ascendent, ChatGPT is just a commodity
With Tesla rising, TL20 resumes parity with benchmarks
Confluent: This was the stumble the stock needed
Intel: A ‘three-handle’? Analysts stunned on the call by the deterioration of gross profit margin
ServiceNow may ‘rock the house,’ but Wednesday was a dud for many earnings reports
Tesla jumps: bears are making the same mistake they made about Apple years ago
Tesla’s price cuts: disaster in the wings?
ASML: demand to outlast a recession
Microsoft’s Nadella: OpenAI is going to ‘transform’ the cloud business
Texas Instruments: Automotive is ‘resilient,’ the rest of chips is a mess
Salesforce and Sumo Logic: Private equity will accomplish nothing except boosting the stock price
Microsoft CEO: Customers 'a bit more cautious'
How deep will Microsoft and ServiceNow forecasts go?
Atlassian, Procore among Mizuho picks as one of software's big problems eases
Tesla is China's electric car of choice, says Wedbush survey
Netflix CFO: ‘High confidence’ revenue will accelerate throughout the year
Failure to launch: 2022 sucked for space stocks, but 2023 will be better, says Merrill
Coherent has big prospects in silicon carbide and other growth markets, says Rosenblatt
ON Semi is doing just fine in silicon carbide, says Mizuho
Microsoft: forget layoffs, look at OpenAI's potential, says MoffettNathanson
Did Tesla just rip away the pricing umbrella from competitors? Brilliant move, says Deutsche
Samsung will help reduce memory-chip glut, says Goldman
TSM: Street divided on a rebound this year
Hewlett Packard Enterprise: Some say it’s a value play, but Evercore says stay away
The PC market returns to being deader than disco
Coinbase: trading volume will be weak in 2023, says Merrill
Software's cheap, but estimates have to go down, says Barclays
ON Semi struggles with silicon carbide, says William Blair
Coinbase: Hooray, they’re not affected by FTX, says MoffettNathanson
Buy cloud stocks after the bad news, says Piper
Hashicorp has multiple irons in the fire for growth, says FBN
ASML is tops in a chip equipment market fraught with mystery, says Wells
The TL podcast for January 8th, 2023: CES goes all Meta, Tesla swirls
C3.ai CEO Siebel: our stock price is a 'steal'
Netflix: New Street projects the ho-hum trajectory of advertising
Clearfield: on top of all the good stuff, expanding profit margins, says Cowen
Merrill: When money-losing growth comes back into favor
Tesla: Street chops price targets, all eyes now on margins
Goldman: time these software companies started chopping costs in a big way
Is this the reprieve Tesla needs?
Check Point CEO Shwed: You don't pick your battles, they pick you
Articles published in 2022
Juniper CEO: the bet we made on the enterprise is really starting to work
Investors warm to software just a little bit
The TL podcast for December 26th, 2022: Azenta is tops, pondering Absci, another awful Tesla week
Solar bubble? Enphase retains pricey valuation
Micron: the auto market for chips is soaring
Absci: Will ‘zero-shot’ AI change drug discovery?
Nvidia: buy it, it’s troughed, says Needham
The TL Podcast for December 18th, 2022: Chip stocks break their winning streak, and what ails Tesla
Tesla: Musk needs to give some metrics
Procore CEO: Taking the construction business from ‘analog’ to rational
GitLab CFO: We’ve executed really well in a tough market
Oracle’s growth speed-up continues, touts gigantic cloud customers such as Nvidia
China’s opening up to play havoc with chips, says Lynx
Silicon carbide investing: Susquehanna offers ST Micro as the reasonable alternative to Wolfspeed
Remember, Salesforce and VMware were young companies that rocketed out of the Great Recession
Alteryx CEO Anderson: the platform is next
Software scorecard: Unity soared, dLocal tanked in a tough season
Qualcomm CFO Palkhiwala: We are becoming a different company
Nutanix CEO: Given all that’s going on around us, we’re happy with how we’ve done
Pure Storage delivers while Snowflake’s cautious outlook disappoints
CrowdStrike plunges nineteen percent on first-ever quarterly forecast miss
Cambium CEO: 5G progresses, and the software story emerges
Confluent’s CEO sees a vast, expanding world of streaming
The secret to Analog Devices’s success
Dell shocker: Estimates are going way down for 2023
The TL Podcast for November 20th: The chips have it and what comes after cloud?
Nutanix CEO: A time of ‘inflection points’
FTX disaster: Guy who liquidated Enron has never seen a mess this bad
Applied Materials rising as quarter turns out much better than feared
Nvidia CEO Huang: Cloud expands the company’s reach into enterprises
Nvidia’s forecast in-line with Street, says ‘quickly adapting’ to global economic slowdown
Alteryx CFO: In a downturn, customers may need us even more
DigitalOcean CEO: It’s hard talking strategy when the Street wants to talk recession
Dynatrace CEO: We’re keeping companies away from the cloud precipice
Upstart plummets: It’s not a bug, it’s a feature?
DigitalOcean says small businesses are ‘resilient’
The TL podcast for Nov 6th: Recession-resistant stocks and silicon carbide futures
Arista stuns the Street with a big revenue view for 2023
Block, Microchip defy the economy, Twilio succumbs
Eye of the Storm: Amplitude, Confluent rising, Roku, Qualcomm tumble
Wolfspeed makes its case for a ton of financing
Arista delivers stellar results: Customers are ‘desperate’
The TL podcast for October 30th: A good week for stocks, bad week for earnings
DriveNets: A challenge to Cisco that’s intriguing
Amazon’s sales outlook the biggest forecast miss on record
Meta’s expenses soar in the Metaverse as sales slump in the Actual-verse
Nouriel Roubini, hyper-realist of gloom, foresees the worst
Informatica CEO: More deals being ‘pushed out’ as customers take a cautious stance
Alphabet and Microsoft don’t seem to read the tea leaves very well
Molehills out of Mountains: The week ahead for AAPL, GOOGL, AMZN, MSFT
In Barron’s Advisor: Picking cash-rich software stocks
ASML: We have no clue where all these chips are going
Netflix: Not fantastic, but reasonable
Couchbase CEO: There is lots of room for database competition
Bitcoin chips, puppy Web sites among Q3’s terrible IPO returns
Taiwan Semi says demand for cutting-edge chips remains, plays down China risk
Welcome to downgrade season, look for the peak later this month
Databricks CTO: Making our bet on the lake house
Yet another shoe! AMD’s revenue warning is latest bit of chip exorcism
Informatica CEO: one metadata to rule them all
Nutanix CEO: Cloud supply and demand may be the key
In Barron’s Advisor: Chips are not as bad as you think
When to focus on the numbers and when not to
Micron says chip market falloff ‘unprecedented,’ sees recovery starting mid-2023
Apple: Rosenblatt says Yay, Merrill says Nay
Pure Storage CEO Giancarlo: potentially a lot of large cloud deals down the road
Sumo Logic CEO Sayar: The complexity of the trans-cloud is our friend
Qualcomm shows off its automotive chip chops
Is Nvidia serious about software?
Zuora CEO Tzuo: Media giants are learning not just to explore but also to exploit
In Barron’s Advisor: the right price for growth
Like an aircraft carrier: Procore’s bet with investors on a $14 trillion opportunity
In the TL20, as in the broader market, people sold their losing names on Tuesday
Oracle’s growth picks up: The Larry and Safra show wows the Street
GitLab CFO: We sell essential things for no more than the price of a Netflix subscription
TL20 slips below Nasdaq for the first time
Pure Storage, Nutanix shine in a night of wrecks
HP Enterprise: holding pattern continues
Informatica CEO: The opportunity is ginormous
Snowflake surges: ‘cRPO’ gives a warm good feeling
TL20 holds its head above water thanks to II-VI
Confluent CEO: Kafka is essential even in tough times
Cambium is ready to ‘ride the new growth curve’
Wolfspeed soars, joining On Semiconductor in the silicon carbide winners circle
Cisco, your small business barometer, is flashing green
Amplitude CEO: building the machine for the journey to a billion dollars
TL20 jousts with the ARKK ETF, lead by Hubspot, DigitalOcean
The Metaverse’s extraordinary stumbling block
DigitalOcean CFO: ‘We are masters of our own destiny’
Alteryx CFO: ‘You're beginning to see the fruits of everything that we put in place’
Micron harpoons the stock market
Dynatrace CEO: There’s still a lot of investor capital for profitable companies
Goldman on recession: Better sooner than later
AMD shines in the wake of Intel’s shortfall
Cohesity’s new CEO Poonen: I want this to be bigger than VMware
Amazon soars as cloud outlook defies the naysayers
Meta’s pain may be Arista’s gain; Qualcomm’s good news
Microsoft’s forecast turns stock around; good news for Arista
Mega-week arrives, with Apple, Alphabet, Microsoft on tap
Full disclosure: I trade nothing
Stormy weather: Street cautious on Amazon’s cloud
ASML’s orders rocket, moves to quarterly dividend
Verra Mobility’s CEO will be happy to leave the SPAC phenomenon behind
Taiwan Semi signals a soft landing for chips
DigitalOcean: Goldman cuts to Sell on fear of small business climate
Nvidia leads a wave of estimate cuts as earnings get underway
How does Rivian, Tesla’s most interesting competitor, stack up?
Will ASML, Taiwan Semi keep singing a chipper tune next week?
The second quarter IPO market was terrible but still offered some interesting nuggets of information
Andreessen’s prescience and where we go next
Micron’s forecast just missed by a mile, perhaps the shares can rise now?
Arista CEO Ullal: To be strategic is always the thing
In Barron’s Advisor: Bitcoin is dead money
The coming chip equipment nadir per New Street
ForgeRock, the company gunning for Okta: The market is changing, it’s time for something different
Snowflake and others are suddenly getting religion about profit
No better time to pitch your tech stock than a terrible stock market
Oracle saves the day after-hours
Sumo Logic CEO: You can't have investors dictate your business
Generation ‘C’ is plant-based: Merrill Lynch pounds the table for demographics in investing
Commvault is one of the year’s better performers; CEO Mirchandani discusses what’s next
Procore CEO: ‘As things get tougher, Procore is something that's sought after’
C3.ai plummets: ‘What we're seeing from the market is really quite dire’
Zuora CEO: You have to run a business that transcends the investment cycle
Semrush CFO: The virtue of being predictable
Yikes! Evening of bad forecasts as Nutanix, Snowflake, Nvidia sell off sharply
No, it was not quite the time to buy Snowflake
Snap sinks social, says ‘macro’ is getting worse
Dynatrace CEO: ‘Growth at all cost is done’
In Barron’s Advisor: Making a list in spite of turmoil
Amplitude in the land of giants: to capture lightning in a bottle twice
C3.ai breaks into winners circle on day of giant gains
Micron: The memory market will more than double by the end of the decade
In Barron’s Advisor: A.I. and the future of risk
Upstart implodes: The worst could be yet to come
Palantir’s turn to be the biggest loser
Beaten-down quantum stocks were among gainers in Friday’s rout
Facebook and the rest of social media have a big decentralized problem
DigitalOcean CEO: ‘I haven’t sold a share of stock’
Wolfspeed CEO: We are a knight in shining armor
Arista headlines a turn in earnings to the positive
Bloodbath: Small stocks bear the brunt along with Amazon
Facebook, Qualcomm, and the season of low expectations
Nutanix CEO: ‘We are the Airbnb of cloud’
ASML: Companies are scavenging for chips in washing machines
Netflix’s Hastings says will offer ad-supported programming in coming years
Smart Global CEO Adams: ‘It’s a good time to be an operating company’
Taiwan Semi: Time to focus on dividends
Why has Upstart’s stock been such a dog this year?
The Street is at high anxiety heading into earnings season
In Barron’s Advisor: Can you automate wealth?
If you blinked, you missed a few nifty tech IPOs including Credo and TPG
Bread Financial CEO: Buy Now, Pay Later is no fad
C3.ai’s Tom Siebel: ‘If we succeed, we will be one of the world’s greatest software companies’
UiPath Plunges: The Law of Minutiae
Micron blows away any worries about chip trouble; your new AI stock
Trouble for chips? Will Micron be the canary?
Must everyone have a digital twin?
In Barron’s Advisor: Crypto’s virtual real estate is a cul-de-sac
Uber’s value proposition has changed in its NYC taxi deal
ON Semi’s El-Khoury: Silicon carbide is a commitment to a whole infrastructure of electrification
Quantum stocks: here, there and nowhere all at once
The Cloud has been like AOL, but it’s growing up, says Backblaze CEO
Shaken and stirred: Coupa implodes as software valuations dramatically re-assessed
Oracle’s gigantic purchase of Cerner: Money well spent?
Farfetch, Mandiant soar, Amplitude implodes: software valuations post-earnings
Confluent’s CEO explains the network effect
Pure Storage: Entering our second phase, says CEO Giancarlo
DigitalOcean CEO: People who buy the stock now are ‘going to feel really, really good’
Lucid struggles to make cars, Zoom struggles to sell video
Opendoor: A raging housing market will continue to rage, for now
Five9, Vertiv take a beating: brutal earnings season comes to a head
Cambium makes progress despite continued supply chain turmoil
Silicon carbide and the age of electrification
In Barron’s Advisor: MegaCap’s cash
What makes Intel an interesting investment story?
Nvidia, Cisco, Applied Materials: Everyone’s competing for chips
Arista: the network is the computer
In Barron’s Advisor: Should you buy fallen crypto companies?
Bitcoin and the myth of scarcity
GlobalFoundries: Could chip industry be short on capacity for five years?
Over at Barron’s Advisor: Another wrinkle on crypto
Chip shortages into 2023, says ON Semi
The Un-Meta: Snap, Pinterest, Amazon soar
Dynatrace CEO: Rule number one is be indispensable
PayPal collapses: they don’t buy yachts with Venmo
NXP, Cirrus bring good vibes for chips, and Citrix is private equity’s latest stunt
Clearfield, Apple turn around a tough week
Lam Research feels the bite of the irony of the chip world
Over at Barron’s Advisor: Pain, or bargain hunting?
IBM nicely tops expectations, but mind the fine print
Prospecting in a crumbling tech market
Netflix: ‘Just staying calm and trying to figure it out’
ASML: Selling so fast we can’t even charge for it — The Technology Letter
Taiwan Semi: fasten your seatbelts
We’ll never go on dates again, but at least we have chip equipment
Micron is misunderstood and mis-priced, says New Street
Taiwan Semi on tap: better times in ’22?
A fourth year of gains for chips? Merrill thinks so
Smart Global CEO Adams: finding diamonds in the rough
In Barron’s Advisor: the best tech ETFs to consider
Street mostly delighted at mostly empty Consumer Electronics Show
Articles published in 2021
ARK Innovation: diminishing returns of the cult of disruption
GlobalFoundries, Rivian headline nifty IPO season despite lower returns
The Nvidia collateralized loan industry
‘We’re back,’ says Cognizant CEO Humphries
Micron CEO: Supply chain issues continue, but focus on the long view
Ways Blockchain can deactivate Facebook, Apple and Google’s business models, per Goldman
Moneyverse: Why The Metaverse will fail
Pure Storage CEO eyes the crossover point
Is a decline in Apple’s stock inevitable in this year’s iPhone cycle?
Lam Research CFO: ‘Business is amazingly strong right now’
Dynatrace CFO: Observability and security are on a collision course
Qualtrics CEO: Tapping into the ‘vast exhaustive data’ of the Internet’s hidden signals
MongoDB joins the Hit List while Coupa, Sumo, GitLab join that other list
In an orgy of crypto, Square draws yawns
The Metrics keep working for Snowflake
It’s a nice time to be GlobalFoundries
Crypto and video games: They’re the same thing
It’s still not Dell’s year of infrastructure, so what’s in ‘RPO’?
Pure Storage is the star of the evening on cloud business while Dell, Nutanix surge
Cambium CEO: The urban wireless opportunity remains
Plus ça change: Cisco disappoints, Nvidia delights
Hanging with Qualcomm and hearing the Metaverse pitch
Semrush CFO: Finding what works with the future billion marketers
Alteryx CFO: Rebuilding credibility
Broadcom and software: What are the ‘synergies’?
DigitalOcean CEO: When revenue hits a billion dollars, you’ll be glad you bought the stock
What we learned at Arista’s analyst day
Spot check: Criteo, Identiv, Kopin, Veeco surge, SkyWater collapses
The bears have overturned Zillow’s dumpster
On Semi CEO El-Khoury: supply-chain disruption is going to be a fact of life
Is pricing power the crux of Enphase, Impinj stock surge?
Arista weathers supply-chain crunch, analyst day on tap
Defending Apple, Amazon while Impinj, Enphase soar
Microsoft tops Apple in market cap
Vaporware has a new name: Meta
The chip industry is now obsessed with ‘matched sets’
Intel: the Street braces for more bad news
Intel shocker: spending going way up in 2022
ASML, Lam: the irony of the chip world continues
A feel-good conference call from Netflix
Dell announces Oct 29th date to free VMware
Tesla without all the hyperbole
Why pay now when you can ‘Pay Later’?
Taiwan Semi emphasizes profit margin will hold up
State of play: Tech supply and demand in a time of shrinking profits
The U.S.-China battle for dominance will be determined by the virtually invisible semiconductor chip
The third-quarter IPO season: You’ll be glad to know valuations are still rich
SecureWorks: What if an economist looked at the whole computer security problem?
ASML flops: You can’t crank up boutique product
Apple’s new iPad Mini: five years late and a few gigs short
Micron’s outlook was terrible, now can the shares rise?
The harvest is the thing, says Veeva
Holograms! Immortality! Merrill on the future of tech
Confluent, Kafka, and the nervous system of the cloud
Cisco’s analyst day fell flat but Credit Suisse thinks it’s worth a second look
Goldman on Internet stocks: Good value but mind the existential risk
The iPhone event caps a lackluster year for Apple’s stock
Sprinklr: can ‘soup to nuts’ run the front office?
Oracle breaks its winning streak
Personal loan business Affirm soars, Sprinklr, Sumo Logic sell off
The world will be meeting virtually forever to some degree, says ON24 CEO
Young tech: who cares about burn rate?
Hewlett Packard: holding pattern
After-hours: C3.ai, Veeva drop sharply, Nutanix rising
Zuora CEO: the ‘multi-product’ strategy is starting to work
This is why tech stocks are so damned expensive
Snowflake: Now is the time of accumulation
This continues not to be Dell’s year of infrastructure
Snowflake and Splunk: will the forecasts deliver?
StarTree, the software that built LinkedIn, and the data-obsessed future
Applied Materials’s forecast flies in the face of a fear of falling
Cisco was all about the cash this time around
A week of Big Tech stars: Nvidia, Applied Materials, Analog Devices, Cisco
Alteryx CFO sees ‘encouraging signs’ the turnaround is on track
Disruptor darlings Palantir, Opendoor, Upstart and TaskUs soar while Marqeta and 1st Dibs flame out
Cambium holds its head up amidst supply chain challenges
Semrush CFO threads a needle of financial forecasting
Quantum Computing CEO: finding a practical approach to a very heady field
DigitalOcean: You’ll be glad you bought the stock, says CEO Spruill
ZoomInfo: Selling the modern sales machine to those who sell
Alteryx tumbles, Neophotonics, Zebra shine
A dividend for Micron after twenty-five years
Amazon is still thriving, but the Street is stung
Qualcomm achieves escape velocity, Lam says chip spending is going higher, Facebook thrives
Stocks respond in lackluster fashion despite stellar results from Apple, Microsoft, etc.
Apple warns of supply chains’s impact on iPhone sales
N-able eyes a snowballing market opportunity serving the service providers that serve small business
Tesla and Ford are the only car makers that never went bankrupt, observes Musk
Apple, Alphabet, AMD, Tesla on tap, but get set for next week’s Super Tuesday
Anxiety of anticipation as Intel’s progress happens in fits and starts
Netflix’s disappointment is some people’s buying opportunity
ASML: Chip shortage has spread, spurring new spending
What every investor needs to know about tech ‘platforms’
IBM on tap, Netflix’s low bar, plus fun with ASML, Snap, Twitter
Taiwan Semi says party on for chips, but investors are taking a breather
Semrush CFO: Please don’t call it an ad-tech company
Good, bad and ugly: initiations of WalkMe, Snowflake, UiPath
VMware’s escape from Dell: Is it a Buy?
The IPO season: the return of the revenue-less company
Clearfield has an infrastructure plan for America
Transformed in fourteen seconds
Is a Fubo or DraftKings acquisition in Netflix’s future?
Stocks bounce back after earnings season, and Micron Tech on tap
A map of the future in Analog Devices
An opportunity at Nutanix even Nutanix doesn’t realize
Qumu and the asynchronous corporation
Nvidia will be predominantly an AI company come 2025, says Merrill
Lots of concern that chip stocks are headed for trouble
Amazon labor issues, Apple Health fumbles, and the missing objective
Oracle: Will the value investor stick around after big gains this year?
Squarespace: Can the iPhone of e-commerce open up?
Snowflake tells Street it will sacrifice profit for growth for years to come, Street blinks
Monday dot com, the low-code company, closes up fifteen percent from IPO price
UiPath: A robotic process that just hit a bug
Evening stars: Asana (ASAN), MongoDB (MDB), DocuSign (DOCU) — The Technology Letter
Splunk’s Odyssey shows progress, continues to draw mixed reviews. — The Technology Letter
Iteris jumps, Hewlett Packard Enterprise slumps
Zoom’s (ZM) pandemic year is hard to compete with, even for Zoom — The Technology Letter
Zuora (ZUO): The end of the beginning, as the metrics start to produce — The Technology Letter
A shrug for Snowflake (SNOW), Nvidia (NVDA) protects the gamers from crypto — The Technology Letter
Dell’s year of infrastructure was a lost year, what next?
A shrug for Snowflake, Nvidia protects the gamers from crypto
Zuora: The end of the beginning, as the metrics start to produce
Micron says things are going great, investors remain skeptical
Coinbase: Goldman says Yay, Mizuho says Nay
This week: Will Snowflake’s upside be enough, and what will Nvidia tell us about crypto’s decline?
Applied Materials shocker: when will this cycle ever end?
And then there was one: revamping Lattice Semi
Don’t worry, the math will add up for Snowflake, says Goldman
This week: Will Cisco’s nice trends continue?
Stock picking: dinner party or cocktail party?
Airbnb says just watch travel’s snap-back, Coinbase takes questions about Dogecoin
Colonial Pipeline’s dark side: Time to decommission Microsoft Windows
Extraordinary measures: Synaptics weathers a global supply chain mess
FAAMG! Tech falls out of bed, again; Where does mega-tech go from here?
Cambium CEO: Scaling 5G is next
DigitalOcean’s nice debut: There’s more where that came from, says CEO Spruill
Less to look forward to in Roku and Cloudflare?
Stress test: Can Hassane El-Khoury refashion not just On Semi but the automotive industry?
Fastly plunges again as CFO walks; HubSpot is a bright spot
Alteryx surges, Viavi awaits the 5G ‘super cycle’
Arista’s phase two is looking pretty good
This week: New blood at On Semi, Akamai becomes a security company
Amazon thrives amidst a really negative earnings week
Apple reports only $12 billion upside, equivalent to the GDP of Nicaragua
Chip mess is keeping the Street up at night, but the view from AMD is pretty great
The push-button corporation: Suplari’s software might be savvier than most of your employees
This week: A huge deal for Proofpoint, and Super Wednesday with Apple, Facebook, Qualcomm and more
Inflated stock prices, over-ordering mean chip industry is headed for a fall, says Susquehanna
What we learned from Taiwan Semiconductor
A driverless semi-truck, an honest-to-goodness use of AI for drug development
Coinbase has scarcity value, but what next?
Microsoft just keeps buying: sixty billion dollars in M&A in less than five years
Apple shines as PC market sees continued torrid demand
Nvidia talks up a product that doesn’t exist: for whom is this announcement?
For Tesla, another trillion-dollar market, says Canaccord
Arista’s next phase: ’We’re entering a much larger market opportunity,’ says CEO Jayshree Ullal
Box gets a vote of confidence, the market votes otherwise
Applied Materials stock, up 62%, has room to run, says Street
March’s IPO market fizzles, as Snowflake, Airbnb prove tough act to follow
Tesla: A breakthrough, or much ado about nothing?
Splunk has been a hot mess, but that’s changing, says CFO Jason Child
Micron: Were it not for global supply chain issues, things would be even more delightful
Coursera and the MOOC Mafia: how massive is this market?
Amidst already high expectations, Micron heads for an upbeat outlook Wednesday
Talking tech: a chat with The Motley Fool’s John Rotonti
Experienced in rough seas: The first-day stock drop didn’t faze DigitalOcean CEO Yancey Spruill
Intel’s Gelsinger comes out swinging
The vast unraveling: Behind Synnex and Tech Data merger, the impact of cloud giants
Darlings dumped: Merrill cuts Snap, Pinterest amidst rising rates
Micron dumps a dream concocted with Intel: this is delightful news
On the path to a billion dollars: a chat with Zuora CEO Tien Tzuo
The average earnings reaction has swung to the negative with flame-outs such as Stitch Fix, C3ai
Oracle still is not showing the kind of growth that investors would like to see
Farewell, Talend, we hardly knew you
Pure Storage: A knife fight in a phone booth, and it seems to be going pretty well
Broadcom: we don’t know when chip supply will meet demand
Snowflake, Splunk: the metrics are working
The 5G wave in cities: Cambium’s CEO reflects on the ‘new building material’
Great expectations: C3ai sells off, Zoom zooms some more
Pandemic stocks Zoom, Peloton fared better than Roku, Twilio in Thursday’s rout
You can’t make a mistake in a market moving this fast: Turning Alteryx around
Should you buy Square’s stock, or just buy Bitcoin?
Airbnb heads for a first quarterly report in a busy week of earnings
What’s up with Apple’s stock this year? The shares have been a dog, but don’t lose heart
The roaring market picture from Applied Materials, Arista
Street goes crazy for Twilio’s growth-by-spending
What’s the story? Another exciting earnings week with Palantir, Shopify, RingCentral and more
Hubspot, Zebra Tech, Avaya shone this week
Bumble opens at $76, double what it’s IPO price was going to be
Cisco and Twitter: Holding pattern
Pulling forward the future: a chat with Lam Research CFO Doug Bettinger
Late Capitalism: Bumble wants to help you optimize your speed to friendship
The Apple Car must be beautiful
Synaptics, Pinterest shine, Snap tanks
Qualcomm, Qorvo didn’t quite play the Apple card the way the Street wants
Amazon’s Bezos gives up CEO spot to his cloud computing leader Andy Jassy
I bought a dollar’s worth of Cloudflare on Square Cash App, now I’m an investor
To heck with Peacock, investors would love Comcast’s Flex to be Roku, says Moffett-Nathanson
Qualtrics soars in IPO, but how long will shareholders stand for SAP owning almost all of it?
Skyworks soars: More than Apple’s super-cycle, buybacks are back
Apple isn’t forecasting results these days and it’s working out just great for the company
Microsoft thrives, and so does AMD, while Texas Instruments merely survives
From Netflix to Micron, an earnings season full of promise defies high stock prices
So-called digitization is a trillion-dollar market post-pandemic, says Goldman
First-world problems: the Port of L.A. is stuffed with your Peloton bike and all your other gadgets
ASML is a leading indicator for AI
Feeling lucky? Netflix dangles a share buyback, but post-pandemic has many unknowns
The fiber optics boom is coming back around
Has PayPal made Bitcoin mainstream? Not on your life
Velodyne is at the start of a really big movement to give all infrastructure awareness
Street applauds Intel choice of Gelsinger, but the ‘burning platform’ is still a concern
Will Datadog, Dynatrace slip from favor in tech’s swerve to value?
Broadcom, Marvell: Two companies spearheading the assault on Intel’s server fortress
Salesforce: After gorging itself on M&A, time to dump the ‘Hungry Hippo,’ says Piper
DevOps and Security on collision course? Looking at M&A in the wake of SolarWinds
Micron’s outlook was super, now it just has to keep up with super-duper expectations
January 27th is D-Day for earnings: Apple, Facebook, Microsoft, Tesla
Tesla, Alteryx, Micron rising: new year, new enthusiasm
Are Opendoor geniuses, or just a product of an over-heated housing market?
Stock market bets on violence: Smith & Wesson, Digital Ally soar
Airbnb: Will they squeeze apartment owners to boost profit, the Street wonders
C3.ai: Most underwriters say price too high for a $19 billion company with only thirty customers
Articles published in 2020
Elon Musk could tell us all what Tesla’s stock is worth, if he wanted to
A couple of memorable years ahead for Applied Materials, says Needham
The great unlocking of Snowflake shares: this should be interesting
The activist challenge to Intel: blunt-force trauma
SAP floats its Qualtrics IPO: They stuffed all the expenses they could fit into this thing
Will the ARM server movement dent AMD’s progress?
Focus may pay off for Pure Storage in 2021
The retailers that go with Amazon rather than fight Amazon will win, says Davidson
All you need to know to buy Qualcomm per Baird
The smart way to buy expensive software stocks according to Canaccord
Wall Street licks its chops for security software
The SolarWinds hack: When fundamental software flaws are a problem
Why it’s suddenly Microsoft and everyone against Intel
What I want to know is when Airbnb becomes the property manager for hotels
Snowflake: At fifty times 2023’s revenue, math doesn’t add up, says William Blair
Don’t FOMO your portfolio, buy Oracle, says Monness
After two roaring years, chips likely to underperform in 2021, says Deutsche
The battle that is shaping up between Dynatrace and Splunk
And then there were two: Are Qorvo, Skyworks acquisition bait?
Upstart IPO: Is the personal loan business actually A.I. or something else?
Cambium: Here comes the rural gold rush, according to Northland
Micron: the PC rally is not over, says Wedbush
Snowflake, C3ai lose altitude: hard to control what you don’t understand
Qualcomm still has another billion modems to sell every year outside of Apple
The potential of Snowflake, according to Larry Ellison
Technology will solve Facebook, not regulation
C3ai more than doubles in debut: they know not what they buy
Apple: Sell, says Goldman, customers are shifting down to the cheaper iPhones
Tesla’s stock comp now greater than the GDP of Croatia
Stocks gone wild: Stitch Fix soars 36%, Sumo Logic plunges 18%, go figure
The tech IPO market gets back in full swing this week with C3ai, Airbnb, DoorDash, and PubMatic
The pragmatic streak in Zuora’s outlook is refreshing
Snowflake surges: This is what demand looks like, say bull and bear
Tesla: Goldman ups to Buy on rising profitability
Splunk plunges: The perils of promises
Shopify: Post-pandemic may not be as fruitful, says Susquehanna
Palantir: Watch out for the great share unlocking, says Morgan Stanley
Wow, just wow: Salesforce’s expensive Slack deal may prop up other software valuations
Micron rising: Strength across the board, though NAND prices still a concern
Zoom sinks: reasons for caution
Zoom: People will be remote working for ‘a very long time’
Tesla is up forty-five percent in nine trading days
Salesforce, Splunk, DocuSign on tap: expectations high and low
Dell, Hewlett Packard, IBM: Do we like them any better as cloud companies?
Micron is the recovery stock you want, says Deutsche
For Pure Storage, a recovery tonight, though maybe not a pop in the stock
Software valuations are at a twenty-year high, and you’ll just have to pay up, says KeyBanc
Palantir, Farfetch, Upwork soared, while BigCommerce, JFrog Collapsed: the earnings season that was
Nvidia: No sign of slowing down
The Great Rotation to value is coming, says T Rowe Price, but the hunt for yield will continue
Tesla joins the S&P 500: speed bump ahead?
The IPO of C3ai: Tom Siebel is always around when something interesting is happening
‘Humans are amazingly resilient creatures,’ says RingCentral CEO
Cisco sees a glimmer of hope, Applied Materials shines and Palantir monetizes uncertainty
Why does everyone suddenly want to reinvent the insurance business? Duck Creek’s CFO explains
Pinduoduo soars: a picture of rising profitability that’s intriguing
Datadog crashes: When super-expensive warrants only merely expensive
Apple’s ‘M1’ chip: pre-fab houses for a digital age
ZoomInfo: You’ve got to know the metrics
Despite Pfizer’s jump, the vaccine trade has become a tired trade
Zoom plunges, Datadog slumps, and value swings into favor as market contemplates divided government
Brilliant ambition: Synaptics CEO Hurlston explains getting to scale
Cambium CEO: wireless connectivity in every corner of the globe is the next revolution
Square, Microchip, GoPro, II-VI are stars of earnings, but the market loves everything
Quibi’s debacle in the making should have been obvious
What’s up with this? Biden-linked and Trump-linked stocks both gain in an unresolved market
State of play: Zebra zooms, and things look good in chip world with Cirrus, Skyworks
An Intel breakup? Northland ponders the ‘hostile SPAC’
Arista’s technology edge will win the cloud, says Morgan Stanley
Supply chain dating: Coupa buys LLamasoft, and together they’ll tell you how to spend it all
Marvell for Inphi: Now this is what happens when great assets are on sale — The Technology Letter
Stocks don’t reflect a generally upbeat earnings season — The Technology Letter
GAAC: Growth at any cost — The Technology Letter
AMD for Xilinx: An expensive deal, but this could be a winner — The Technology Letter
A deluge of earnings from Apple, Amazon, et al, but first a warning from SAP — The Technology Letter
Fastly: Some of the business they lost may never come back, says Piper — The Technology Letter
Intel keeps buying back its stock, the market keeps dumping it — The Technology Letter
Intel cuts capital spending: the existential question remains — The Technology Letter
Snowflake: Can they invade Oracle’s main market? muses Deutsche — The Technology Letter
That’s a wrap: Texas Instruments trumpets chip recovery, Netflix fizzles — The Technology Letter
Snap soars, credit some of it to greatly reduced expectations — The Technology Letter
Can Snap stock stay this pricey? — The Technology Letter
IBM: the anti-Midas touch — The Technology Letter
As earnings get underway, all’s well in chip world, and the IPO of a legend — The Technology Letter
Netflix has squeezed all it can out of this pandemic, or hasn’t it? — The Technology Letter
Zoom price targets would value it almost as much as AT&T, Nike — The Technology Letter
Fastly falls fast: the Street wants answers — The Technology Letter
Fastly and the perils of being over-priced — The Technology Letter
Healthy trends for chips from supplier ASML, but worrying signs for Intel — The Technology Letter
Apple: The end of higher iPhone prices? — The Technology Letter
Twilio buys Segment; I’m not sure what it is, but analysts love it — The Technology Letter
Micron: Damn the NAND, full speed ahead, says Deutsche — The Technology Letter
Interest in Apple’s iPhone 5G has declined, says Piper — The Technology Letter
JFrog: I’m pretty sure it’s not worth what’s being paid for it — The Technology Letter
AMD for Xilinx? Skepticism abounds but I like the idea — The Technology Letter
Is January the cliff for Nvidia’s dynamite results? — The Technology Letter
NXP, Extreme are the afternoon champs, but try not to get too excited — The Technology Letter
Tesla: the case for $1,200 a share in five years per New Street Research — The Technology Letter
ARM just mentioned the risk of RISC-V for the Nvidia deal — The Technology Letter
Poor Microsoft comes up as kind-of a victim in House anti-trust report — The Technology Letter
Nvidia Price targets are pricing in some serious revenue increases — The Technology Letter
Himax jumps 8% on pre-announcement, maybe good news for Synaptics — The Technology Letter
NeoPhotonics, hit by Huawei ban, cuts staff, shares rise — The Technology Letter
Tesla shares sag; some people expected a tad more in the trunk — The Technology Letter
Nvidia for ARM: Maybe the opportunity isn’t very big after all — The Technology Letter
SailPoint soars on S&P inclusion, Morgan Stanley thumbs up — The Technology Letter
Reading the Micron tea leaves — The Technology Letter
Micron sags: NAND industry profit could be pressured in 2021 — The Technology Letter
Pets are a platform, and other strange IPO stuff — The Technology Letter
Buffett buys Snowflake: a sudden taste for the expensive? — The Technology Letter
Micron on tap: How bad was the inventory build-up? — The Technology Letter
New sheriff in town: an interview with Zuora CFO Todd McElhatton — The Technology Letter
Dynatrace: The Street is looking at the wrong metrics, says FBN — The Technology Letter
Shopify: The twenty-year view from Goldman
Oracle, Roku defy sullen Nasdaq; Corsair IPO on tap, Shopify gets Goldman’s approval
TikTok: Thank goodness this saga is over; Oracle to take 12.5% stake
Nvidia may be prepared to split or open-source ARM, says Northland
ZoomInfo too cheap relative to Veeva, Atlassian, says JP Morgan
Sumo Logic IPO: Big Data surges 10% out of the gate
Snowflake IPO falls 9% in second day of trading
Atlassian: a $5 billion software giant in the making, says Piper
Loop Capital sizes up small- and mid-cap software: Datadog and PTC are tops
Snowflake IPO: The Great Cloud Rush
Adobe CEO says pandemic ‘genie’ is ‘not going back in the bottle’
Is flipping homes really the next big tech idea?
Nvidia’s CEO says competitors are just fine with his buying their supplier; ‘We’re pro competition’
Is it worth trading on Apple events? Reviewing a decade of iPhone debuts
ARM: Interesting for Nvidia, another waste for SoftBank
Could these laggards be leaders under Trump or Biden?
The Oracle effect: Microsoft, SAP rising, Salesforce, Workday slip
Oracle Rising On Strong Transaction rEvenue
Zscaler: Can this thing can get even more expensive?
Microchip repeats warning data center is slowing
Real life peeks through Slack results; Qorvo surges
Roku: Chaos in TV Up-Fronts may finally bring brand advertising, says Wells Fargo
Slack Plunges 19%: cfo says worst may be behind them
Why is tech overvalued? Softbank strikes again, it would appear
Why is Apple so expensive? Main Street, says Goldman
Slack on tap: can it Zoom this afternoon?
DocuSign’s amazing rise and rise: 360% in twelve months
Broadcom: None of that bitter aftertaste
Broadcom Dribbles some cold water on 5G: Will consumers shell out for it?
The morning after: Zuora, PagerDuty plunge, weakness in Crowdstrike, MongoDB
Ciena brings the worry about COVID-19-induced slowdown
This afternoon: PagerDuty, Zuora Plunge, GuideWire surges, CrowdStrike sags
Jamf: Is there a 5G cycle in this?
Zoom Closes Up 41%; now worth more than GE, GM, Cummins, combined
Zoom surges, Ciena, Crowdstrike on tap
No matter what happens this afternoon, Zoom has zoomed into vastly over-valued territory
What a week for enterprise tech: Workday and Salesforce got pricier, are they still worth it?
Good morning! Workday’s pandemic-proof, Dell, Marvell higher, Okta’s too pricey, shakeup at Nutanix
Workday soars 12%; Our software is better in a pandemic, says CEO Bhusri
The morning after: Box, NetApp Surge, Splunk slumps
Jefferies hikes Tesla price target to $2,500 with an intriguing battery rumination
The morning after: Salesforce adds to gains, targets up on HPE, ADSK
Salesforce’s Benioff sells the hell out of the pandemic; ‘Awesome!’ says Wall Street
Big night out: Salesforce rising, Hewlett-Packard rebounds, Autodesk sags, Pure drops
Best Buy is telling you it could be a rough holiday season
Intel’s way out of the madness, per Microprocessor Report
It’s the week of enterprise tech: Salesforce, Hewlett, Pure, Box, Veeva, Splunk and more
Apple’s cash machine is amazing, but the stock is over-valued
Five9: Nice gig economy stock, but expensive, says Evercore
Dueling views on Salesforce: JMP says yes, Loop says no
The AI of IPOs: this is about to get very banal
Synopsys: even in a pandemic, business is booming
Nvidia shares rebound; analysts offer even higher valuations
Nvidia Sags despite big beat; $3.87B Revenue, $2.18/Sh, outlook higher, too
The one number for Nvidia’s report this afternoon
Plain-old TV is really crumbling without sports
Ready for some good news? Chips and 5G
At Mid-day: Oracle for TikTok, Why, just why; pondering the spreading Huawei ban
As the Intel turns: what we learned last week
Coming up: Nvidia, the pause that refreshes?
Look what got cheaper this week, and what didn’t
Applied Materials and Micron Technology: What are we going to do with the two of you?
Cisco CEO: ‘I wouldn't say that we're coming out of the coronavirus right now’
Next up: Let’s hear Cisco on 5G, Lyft on anything but rides
Cambium has it all: 5G, a COVID-19 boost, new products in store
Airbnb IPO would be a window into roll-ups: twenty-six acquisitions over nearly a decade
SoftBank Group’s way of the samurai amounts to dumping stuff on the public market
This week: looking at Xperi, Cambium, Tufin, Cisco, and more
Letter from the future: Does anyone remember Tik Tok?
At these prices: what’s cheap and what’s pricey among Five9, SailPoint, Arista, Talend and more
The morning after: Datadog is a dog, price targets surge on Uber, SailPoint sails higher
Extra! Extra! Trade Desk, TLND, AIRG Surge, Uber sags, OLED, AYX plunge
Up next, Uber: the everything business?
Synaptics profits as people in quarantine buy a lot of connected stuff
This afternoon: 3D Systems cuts 20% of workforce, Arlo surges, Hubspot, GoDaddy, SunPower all rise
Extra! Extra! COVID-19 uncertainty hits Western Digital, Roku
Arista was good, not quite good enough
Roku and the new distribution wars
Real life intrudes into the stock market just for a moment
Twilio declines after-hours on forecast
Rocket Loans comes to IPO with an insane surge in mortgage originations. Is it all AI?
Coming up: Twilio and Arista, and another view of chip-land
Five9’s raking it in with stay-at-home
K-L-A: Upbeat Remarks about demand
Extra! Extra! CRUS, FIVN, KLAC Nice reports this evening
Arista: Sixth time’s the charm?