Deepwater Asset Management

Deepwater Asset Management‘s Managing Partner Gene Munster has forecasted a potential downturn in AI stocks due to Microsoft Corp‘s (NASDAQ:MSFT) Azure underperformance. Despite this, Munster remains optimistic about the AI sector’s future. What Happened: Munster took X to share...

Micron Technology Inc. (NASDAQ:MU) experienced a significant drop of nearly 8% in after-hours trading, following its latest earnings report. However, Gene Munster, the managing partner at Deepwater Asset Management, remains optimistic about the company’s AI prospects. What Happened: Munster...

On Monday, Gene Munster, managing partner at Deepwater Asset Management, expressed his confidence in the potential of Apple Inc.’s (NASDAQ:AAPL) new AI features, unveiled at WWDC 2024, to drive growth beyond current estimates. What Happened: Munster shared “pressure points”...

Apple Inc (NASDAQ:APPL) is working on an overhaul of one of its products that could completely change the way a lot of the world engages with artificial intelligence, according to Deepwater Asset Management's Gene Munster. The analyst anticipates a successful rollout could help cement the company...

Nvidia Corp.‘s (NASDAQ:NVDA) leadership in cutting-edge artificial intelligence has fueled a surge in its market capitalization, bringing it closer to the coveted $3 trillion mark. A tech venture capitalist on Monday said that Apple, Inc. (NASDAQ:AAPL), which is slightly ahead of Nvidia in...

Elon Musk‘s xAI, which recently raised $6 billion in a fresh funding round, has attracted significant capital from some of the most notable supporters of the tech billionaire and his ventures, including Tesla. Ark Joins Investors: Cathie Wood‘s Ark Invest, managing several actively...

Shares of Nvidia Corp. (NASDAQ:NVDA)N took off in after-hours trading, rising past $1,000 in reaction to the company’s quarterly results. What Happened: The chipmaker reported first-quarter results that beat elevated expectations and issued an above-consensus second-quarter revenue guidance....

Nvidia Corp.’s (NASDAQ:NVDA) earnings, due this week, have put macro and rate concerns on the back burner, with investor attention solely focused on the AI bellwether’s fiscal-year 2025 first-quarter report. Deepwater Asset Management Managing Partner Gene Munster on Monday offered his...

Google‘s parent company, Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), is making significant strides in artificial intelligence, according to a top analyst. What Happened: Gene Munster, a tech analyst at Deepwater Asset Management, shared his insights on Google’s I/O 2024 keynote in a...

Gene Munster, a prominent tech analyst, at Deepwater Asset Management has predicted that OpenAI could pose a significant challenge to Alphabet Inc‘s (NASDAQ:GOOGL)(NASDAQ:GOOG) Google in the search business, despite its ties with Microsoft Corp (NASDAQ:MSFT). Munster’s forecast comes on...

Apple Inc. (NASDAQ:AAPL) inching closer to a partnership with OpenAI has excited Deepwater Asset Management's Gene Munster about the potential this deal holds for the iPhone maker. What Happened: Prominent Apple bull Munster thinks that integrated Microsoft Corp.-backed (NASDAQ:MSFT) OpenAI's...

Prominent tech analyst Gene Munster has observed a "surprise takeaway" from Apple Inc.'s (NASDAQ:AAPL) iPad launch event on Tuesday where the company unveiled the M4 chip. What Happened: Munster took to X, formerly Twitter, on Tuesday to express his thoughts on the significance of the M4 chip...

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook’s repeated emphasis on Vision Pro during public events has been highlighted by Deepwater Asset Management's Gene Munster, as Cupertino launched new iPads on Tuesday after a gap of 18 months. What Happened: On Tuesday, Munster took to X, formerly Twitter,...

Apple, Inc. (NASDAQ:AAPL) reported fiscal year 2024 second-quarter results that exceeded muted expectations and its stock launched into a relief rally, with the upside also attributable to the shareholder returns it announced. Deepwater Asset Management’s Gene Munster offered his take on the...

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg’s announcement related to “scaling capex and energy expenses for AI” during the company’s first-quarter financial results, allegedly led to a 17% stock plunge. Gene Munster believes the market’s reaction is an...