American Tower Corporation (NYSE:AMT) Goldman Sachs Communacopia + Technology Conference September 9, 2024 4:45 PM ET Company Participants Steve Vondran - Chief Executive Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Okay, great. Hey, good morning, everybody, or good afternoon, everybody. Welcome to the Goldman Sachs Communacopia and Tech Conference. It's my pleasure to introduce American Tower and CEO Steve Vondran with us today. We're really -- pleasure to have you. Than ...

HP Inc. (NYSE:HPQ) Goldman Sachs Communacopia + Technology Conference September 9, 2024 1:50 PM ET Company Participants Enrique Lores - CEO Conference Call Participants Michael Ng - Goldman Sachs Michael Ng Great. Well, welcome to the HP Inc. fireside chat at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing Enrique Lores, CEO of HP. Enrique has been in HP for nearly 35 years. And prior to taking over as CEO in 2019, he served as President of the Printing business ...

Super Micro Computer, Inc. (NASDAQ:SMCI) Goldman Sachs Communacopia + Technology Conference September 9, 2024 6:05 PM ET Company Participants David Weigand - Chief Financial Officer Conference Call Participants Michael Ng - Goldman Sachs Michael Ng Thank you, everybody. Welcome to the Super Micro fireside chat at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing David Weigand, CFO of Super Micro Computer. Prior to joining Super Micro in 2018, David has worked at H ...

Summary of Uber Technologies, Inc. Conference Call Company Overview - **Company**: Uber Technologies, Inc. (NYSE: UBER) - **Event**: Goldman Sachs Communacopia & Technology Conference - **Date**: September 9, 2024 Key Points Company Position and Strategy - Uber remains the only global platform focused on both mobility and delivery, providing a unique competitive position in the market [3][4] - The company is focused on five key initiatives: improving service levels, driving growth, advancing autonomous vehicle technology, maintaining financial discipline, and enhancing its financial profile [4] Financial Performance - Gross bookings grew by 21% year-on-year, with a significant reduction in headcount by 6% [4] - The company has a $20 billion run rate for its growth portfolio, which is growing at nearly 70% [4] - Uber's consumer base is primarily younger and higher income, with 40% of U.S. consumers aged 18-34 earning over $100,000 [6] Consumer Demand and Market Trends - Uber has not observed any significant changes in consumer demand, with retention rates for both mobility and delivery increasing [6] - The company is actively investing in lower-cost offerings to attract consumers who may feel financial pressure [6] - Membership programs are driving significant growth, with over 50% of delivery gross bookings coming from members [8] User Growth and Frequency - Uber has over 150 million users, with user growth and frequency both increasing at healthy levels [8] - Multi-product usage is growing, with members spending 3.4 times more than non-members [8] Autonomous Vehicles - Uber aims to be the best platform for autonomous vehicles, collaborating with over 10 autonomous players [10][11] - The company believes that the introduction of autonomous vehicles will increase the overall market size and improve service quality [10][11] Advertising Opportunities - Uber's advertising business is currently at a $1 billion run rate, with plans to expand significantly [17] - The main growth area is in sponsored listings, particularly in the grocery sector, which is expected to be highly profitable [17] Capital Allocation and Buyback Program - Uber has introduced a two times gross debt to EBITDA leverage target and aims to maintain its investment-grade status [20] - The majority of future capital allocation will focus on organic growth, with a significant portion also directed towards stock buybacks to reduce share count [20] Membership and Product Innovation - Uber One membership is expanding globally, with a focus on increasing member count and retention [13][14] - The company is enhancing the user experience for Uber One members, particularly in mobility [14] Market Share Dynamics - Uber is the majority player in mobility in 10 out of its top markets and is consistently growing faster than the category in both mobility and delivery [16] - The company is focused on earning market share through superior service and product offerings rather than through aggressive capital spending [16] Additional Insights - Uber's strategy emphasizes a capital-light business model, aiming for high free cash flow conversion rates [20] - The company is preparing for potential economic fluctuations by diversifying its offerings and expanding into lower-density areas [6][8]

SoFi Technologies, Inc. (NASDAQ:SOFI) Goldman Sachs Communacopia & Technology Conference 2024 September 9, 2024 2:30 PM ET Company Participants Anthony Noto - CEO Conference Call Participants Michael Ng - Goldman Sachs Group Michael Ng Great. Well, thank you, everybody, for joining. Welcome to the SoFi presentation at the Goldman Sachs Communacopia and Technology Conference. I have the great privilege of introducing Anthony Noto, who's the CEO of SoFi, which he's been since 2018. Anthony joined SoFi after s ...

Novavax, Inc. (NASDAQ:NVAX) H.C. Wainwright 26th Annual Global Investment Conference September 9, 2024 3:30 PM ET Company Participants Jim Kelly - CFO Bob Walker - Head of R&D Conference Call Participants Vernon Bernardino - H.C. Wainwright Vernon Bernardino Okay. Good afternoon, everybody. Welcome to the 26th Annual H.C. Wainwright Global Investment Conference. Our next company presenting are -- that we're having a chat today is Novavax, company that by now, hopefully, all of you know really well. They hav ...

Amazon.com, Inc. (NASDAQ:AMZN) Goldman Sachs Communacopia + Technology Conference September 9, 2024 4:05 PM ET Company Participants Matt Garman - CEO of Amazon Web Services Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan All right. So all right, I think we're going to get going in the interest of time. I know people are still moving around, but it's my pleasure to introduce Matt Garman, the CEO of AWS, representing AWS as part of amazon.com today. First, I'm going to read the safe h ...

International Business Machines Corporation (NYSE:IBM) Goldman Sachs Communacopia + Technology Conference September 9, 2024 8:30 PM ET Company Participants Conference Call Participants James Schneider Okay. Good morning, everybody. Welcome to the Goldman Sachs Communacopia and Technology Conference. I'm Jim Schneider, I'm the IT services here at Goldman. It's my pleasure to welcome IBM and CFO, Jim Kavanaugh with us today. Thanks Jim for being here. James Kavanaugh Thank you very much for having us. We're l ...

Booking Holdings Inc. (NASDAQ:BKNG) Goldman Sachs Communacopia & Technology Conference Call September 9, 2024 1:50 PM ET Company Participants Ewout Steenbergen - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan Keep this train on time and the train on the track, we're going to get started. I know a lot of people are getting settled into the room, but it's my pleasure to introduce Ewout Steenbergen, CFO of Booking Holdings. Ewout, thank you so much for being pa ...

Palo Alto Networks, Inc. (NASDAQ:PANW) Goldman Sachs Communacopia & Technology Conference September 9, 2024 1:10 PM ET Company Participants Nikesh Arora - CEO Conference Call Participants Gabriela Borges - Goldman Sachs Gabriela Borges All right. We will go ahead and kick it off. Thanks everyone for joining us. Day one, Goldman Sachs Communacopia & Technology Conference. I'm Gabriela Borges, I lead our cybersecurity research chair. And I'm excited to have on stage with me Nikesh Arora, CEO of Palo Alto Netw ...