Companies

Today, the Supreme Court ruled 5-4 against Apple, opening the door for a class action lawsuit against Apple related to the App Store. Importantly, the Supreme Court is not ruling that Apple has engaged in anticompetitive behavior. While we believe…

As we continue to investigate the developing trade dispute between the US and China, we have increased confidence that US-based companies, including Apple, have virtually no risk related to the potential tariff increases. Some more thoughts on this developing story:…

It is widely expected that the upcoming $325B in tariffs on goods imported from China will impact Apple products. We have a different view. We believe that little is known about the specifics and that ultimately Apple products will be…

We introduced our 10-year outlook for robotic adoption across the industrial, commercial, military, and domestic markets in June 2017. Over the last two years, the level of adoption has exceeded our initial expectations across all verticals. We believe the aggregate…

Lyft reported first-quarter 2019 earnings in their first-ever report as a public company with overall positive results. Our takeaways: Steady growth of user metrics Lyft’s active riders grew 46% y/y to 20.5M, average revenue per rider grew 34% to $38,…

Tesla will likely raise $2.7B (up from its initial plan to raise $2.35B) in the coming week with a mix of equity and debt. The central question is how much does this raise de-risk the story? The quick answer: it…

Social media gave everyone a voice. Now we’re dealing with an unintended debate: What should those voices be allowed to say? Amidst political conflict, misinformation, harassment, and bullying, social networks are under increasing pressure from users and governments to act…

At F8 2019, Facebook’s annual developer conference, the company began taking pre-orders for the Oculus Quest. The standalone VR headset will be available on May 21st for $399. Here are the key takeaways: The launch of the Quest will continue…

Apple reported second-quarter earnings slightly above dampened expectations, indicating stabilization. Here are our takeaways: March results were slightly better than expectations, but most importantly, there weren’t any negative surprises. Guidance was not only 2% better than expected, but it represents…

The Loup Frontier Tech Index tracks the performance of publicly-traded companies that influence the future of technology including AI, robotics, autonomous vehicles, computer perception, and virtual and augmented reality. We will be publishing periodic pieces to highlight specific companies in…

Google shares traded off ~7% in after-hours trading after reporting soft top-line results and expectations for continued FX headwinds. Separately, deceleration of paid clicks growth from 66% to 39% is likely viewed as a directional negative, given the preference toward…

Apple will report Mar-19 earnings after market close on Tuesday, April 30th. We continue to believe that Apple will be the best performing FAANG stock in 2019. Here are our thoughts going into Tuesday. Bottom line: Strength of Services is…