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Netflix Stock Tumbles: Analyst Says Streaming Giant 'Doing Everything Right' But Growth Factor Doesn't Meet 'Hurdle For True Tech Company'
Friday, April 19, 2024 - 4:44am | 523Read More...Shares of Netflix, Inc. (NASDAQ:NFLX) fell sharply in after-hours trading on Thursday following its first-quarter earnings release. Fund manager Gary Black and tech venture capitalist Gene Munster weighed in with their takes on the report. The company reported first-...
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Elon Musk's FSD Is The End Of Manual Driving? Tesla Bull Gene Munster Believes 'Somebody Born Today Is Probably Never Going To Drive A Car'
Monday, April 15, 2024 - 11:20pm | 708Read More...Tesla Inc (NASDAQ:TSLA) has decided to reduce the price of its ‘full self-driving’ (FSD) subscription by half to $99 per month. This decision has led Gene Munster, Managing Partner at Deepwater Asset Management, to predict the end of manual driving. What Happened: Tesla has made its...
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AI To Transcend Inflation? Deepwater's Gene Munster And Doug Clinton Weigh Tech's Fate Amid Economic Uncertainties
Thursday, April 11, 2024 - 12:35am | 945Read More...In the latest episode of DeepTech315, Deepwater Asset Management managing partners Doug Clinton and Gene Munster discussed the potential impact of inflation and artificial intelligence on the tech market in the coming year. What Happened: In the episode that was...
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What's Next For Nvidia As Stock Enters Correction Zone? Munster Singles Out Crucial Question Market Has About AI Ahead Of Inflation Data
Wednesday, April 10, 2024 - 5:33am | 686Read More...High-flying Nvidia Corp. (NASDAQ:NVDA) has descended from stratospheric levels amidst recent market consolidation. Technically, the stock has experienced a correction following its over-2% decline on Tuesday. Gene Munster from Deepwater Asset Management shared his...
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Will March Inflation Data Break Tech Rally's Back? Why Wall Street's 'Dean Of Valuation' And Gene Munster Are Worried, But Paul Krugman And Other Economists Are Not
Wednesday, April 10, 2024 - 3:00am | 929Read More...The highly anticipated consumer price index (CPI) report for March is due on Wednesday, and the data could cause market fluctuations due to its potential impact on near-term Federal Reserve interest rate decisions. Inflation Forecast: Economists generally predict a slight slowdown in the month-over...
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Tesla Catches Analysts Off Guard With 'Kitchen Sink' Q1: Why This Fund Manager Says It's 'Hard To Be Bullish' On EV Giant's Stock
Wednesday, April 3, 2024 - 4:44am | 1180Read More...Tesla, Inc.'s (NASDAQ:TSLA) subpar first-quarter deliveries number triggered negative reactions from most analysts, although some still see light at the end of the tunnel. Caught Off Guard: Deepwater Asset Management's Gene Munster said Tesla's first-quarter sales caught him off guard, as he was...
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Tesla Analysts Size Up Ugly Q1 Numbers: Disaster, Train Wreck, Horror Show, Nightmare — Will Storm Pass Or Are Darker Days Ahead?
Tuesday, April 2, 2024 - 11:54am | 639Read More...Tesla Inc’s (NASDAQ:TSLA) weak first-quarter production and delivery numbers have left even the most bullish Tesla analysts shaking their heads. Fork In The Road: Tesla posted its first year-over-year decline in deliveries since 2020 on Tuesday, which sparked a selloff in shares. The EV maker...
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Tesla Bull Gene Munster Points To Palantir Co-Founder's Firm Pursuing $2B Valuation, Says 'Early Stages Bull Market' Preceding AI Bubble
Monday, April 1, 2024 - 11:39pm | 734Read More...Gene Munster, the managing partner at Deepwater Asset Management, has once again hinted that the artificial intelligence market is in the early stages of a bull run that will eventually lead to a bubble. What Happened: On Monday, Munster took to X, formerly Twitter, and reiterated his...
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Tim Cook's AI Focus At WWDC Will Be 'Biggest Change In Apple's Operating System Design' Since 1980s, Says Top Analyst Gene Munster: 'Monumental Day'
Thursday, March 28, 2024 - 7:58am | 772Read More...Deepwater Asset Management's Gene Munster thinks Apple Inc.'s (NASDAQ:AAPL) upcoming developer conference, WWDC, will be "monumental." What Happened: Munster expressed his optimism about Apple after the company's head of marketing, Greg "Joz" Joswiak, teased AI as the theme of WWDC 2024. Apple's...
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Prominent Apple Bull Just Revealed That His Firm Does Not, In Fact, Own Any Apple Stock Right Now: 'But ... This Is The One We Continue To Believe In'
Wednesday, March 27, 2024 - 6:23am | 653Read More...Prominent Apple, Inc. (NASDAQ:AAL) bull Gene Munster, Managing Partner at Deepwater Asset Management, disclosed in a CNBC interview on Tuesday that his firm had sold all of its shares in the tech giant. This revelation stirred a response on social media platforms. What Happened...
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Tim Cook's Recent Visit To China Was To Send Out A Clear Message To Xi Jinping, Says Top Analyst: 'Apple Is Committed To China'
Saturday, March 23, 2024 - 2:38am | 730Read More...Apple Inc. (NASDAQ:AAPL) CEO Tim Cook visited China this week, a move that has raised eyebrows amid the company’s declining sales in the region. Deepwater Asset Management's Gene Munster believes there was a wider message Cook wanted to deliver to the Xi Jinping administration. What Happened...
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Is Apple's Antitrust Suit A Gift For Loyalists? Jim Cramer Reminds Investors How DOJ Created 'Gigantic Buying Opportunity' Going After Microsoft 25 Years Ago
Friday, March 22, 2024 - 6:44am | 840Read More...As Apple, Inc. (NASDAQ:AAPL) finds itself in the crosshairs of antitrust regulators from both sides of the Atlantic, bullish market watchers have rallied to its defense. On Thursday, CNBC’s “Mad Money” host Jim Cramer and Gene Munster from ...
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Ahead Of Reddit's Market Debut, Munster Expresses Uneasiness Over IPO Pricing: 'Grab The Popcorn, Throw Out The Fundamentals'
Thursday, March 21, 2024 - 8:18am | 446Read More...Social-media platform Reddit, Inc. (NYSE:RDDT) is all set to debut on Wall Street on Thursday, with the initial public offering price of $34 per share. Ahead of the much-awaited debut, tech venture capitalist Gene Munster commented on the pricing and the near-term prospects for investors. What...
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Gene Munster Agrees With Dan Nathan's Views That These 2 Magnificent 7 Companies Are AI Underdogs: 'I Believe That Will Change'
Thursday, March 21, 2024 - 12:24am | 778Read More...Deepwater Asset Management's managing partner Gene Munster has echoed the views of Dan Nathan from RiskRevarsal Advisors, saying that Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) are underdogs in the artificial intelligence arena. What Happened: On Thursday, Munster...
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Gene Munster Says US Government Likely To Block Top AI Firms From Foreign Funding Over National Security, Calls AI 'The Next Arms Race'
Tuesday, March 19, 2024 - 9:54pm | 695Read More...Deepwater Asset Management‘s managing partner Gene Munster has raised a red flag over the potential impact of Saudi Arabia’s $40 billion AI investment on the U.S. market. What Happened: On Tuesday, Munster took to X, formerly Twitter, to express his concerns about...
