Transcript
A (0:00)
This episode is brought to you by Charles Schwab Timing the Market Fighting Inflation Managing risk Financial decisions can be tricky. Investing isn't just math, it's psychology. Your neurons are playing favorites and the market doesn't care. Financial Decoder, an original podcast from Charles Schwab, can help join host Mark Riepe as he breaks down practical strategies to help overcome the mental traps that may affect your investing decisions. Listen@schwab.com financial decoder
B (0:32)
for Friday, April 24, it's Brew Markets Daily and I'm Ann Berry. Amprius Technologies ticker AMPX Trading on the New York Stock Exchange with a market cap of nearly $3 billion, the battery technology company tripled its revenue last year and is in the thick of an operational evolution as it targets strong growth again in 2026, shifting from a vertically integrated company that owns its manufacturing facilities to partnering with third parties facing complex regulatory requirements, building on its base for powering drones to try to diversify revenue into satellites, robotics and air taxis, and pushing hard to hit profitability. So there's a lot going on and that's why we're thrilled to welcome to the show CEO Tom Stepien to help us cut through the motion to see which of amprius moves really matter. But first, a word from our sponsor, Charles Schwab. Trading at Schwab is powered by Ameritrade unlocking the power of thinkorswim the award winning trading platforms loaded with features that let you dive deeper into the market. You can visualize your trades in a new light on thinkorswim desktop with robust charting and analysis tools all while you uncover new opportunities with up to the minute market news and insights. Think or Swim is available on desktop, web and mobile to meet you where you are so you never miss a thing if you it's built by the trading obsessed to help you trade brilliantly. Learn more@schwab.com trading now we welcome Tom Stepien, CEO of Amprius. I'm so excited to welcome you because your company is a fan favorite. We actually had members of our audience write in saying please will you unpack what's going on at amprius and bonus points if we could get someone from the company to come speak to us. So I thank you in advance for making us look good Tom by joining. So thank you.
C (2:18)
Well gosh, it's great to be here. Thank you very much. I'm excited to be a part of this In Brew markets.
B (2:23)
The story of a Prius Tom is a really fascinating one. So could we start with just a couple of minutes. Getting from you a history lesson on how amprius first came to life, your journey to going public, and then some of the product pivots that you've made in recent years. So it's a bit of a three parter, but it's better to hear it from you than for me to sort of tee it up on the preamble.
