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Deepwater's Doug Clinton Counters Gene Munster's View, Says TikTok's 'Most Likely Outcome Is A Sale'
Friday, March 15, 2024 - 5:20am | 731Deepwater Asset Management managing partner Doug Clinton has expressed a different view from his colleague Gene Munster on the potential outcome of the TikTok ban. What Happened: In an episode of DeepTech315 posted on Thursday, Munster and Clinton discussed the...
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What Do Nvidia And Inflation Have In Common? Munster Says Their Growth Will Be 'Higher For Longer' But 'Bust Is Going To Be Epic'
Friday, February 23, 2024 - 5:42am | 782Nvidia Corp. (NASDAQ:NVDA) shares have surged since the beginning of 2023, with the upward momentum showing no signs of slowing despite concerns about stretched valuations. Munster’s Take: Gene Munster of Deepwater Asset Management recently delved into...
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'Elon Musk Is 80% Genius, 20% Master Of Good Luck:' Munster Tells How Tesla CEO's Twitter Purchase Will Skyrocket His Wealth
Friday, February 23, 2024 - 3:03am | 716Deepwater Asset Management's Gene Munster on Thursday predicted that Elon Musk's decision to acquire Twitter, now rebranded as X, will increase his artificial intelligence company xAI's value. What Happened: Munster took to X and shared his insights about Musk’s decision to...
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Nvidia Shares 'Are Going Higher' In AI Growth Frenzy If Next 5 Years Stay The Course, Says Gene Munster: $180B Revenue By 2028
Wednesday, February 21, 2024 - 9:11pm | 748Gene Munster, a managing partner and co-founder at Deepwater Asset Management, underscored the long-term growth potential of Nvidia Corp. (NASDAQ:NVDA), something that he was on the lookout for in the chip giant’s fourth-quarter earnings call. What Happened: In a post on X, formerly Twitter...
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Will Nvidia's Mouthwatering Rally Hit A Wall? Fund Manager Says AI Stalwart Poised To 'Grow Higher For Longer' Ahead Of Q4 Results
Friday, February 16, 2024 - 5:05am | 857High-flying chipmaker Nvidia Corp. (NASDAQ:NVDA) is scheduled to report its fourth-quarter results after the market close on Wednesday. Deepwater Asset Management’s Gene Munster on Thursday offered his take on what you expect from the company’s quarterly report. Hittable Target: “...
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Apple Is Playing It Cool In AI Race, But Top Fund Manager Says It May Be Priming To Lead Another 'Revolution'
Wednesday, February 7, 2024 - 10:13am | 504Despite Apple, Inc. (NASDAQ:AAPL) trailing its Magnificent Seven peers on the artificial intelligence technology front, the company could still make up for the early sluggishness by taking the lead in personalized AI, a fund manager said on Tuesday. What Happened: “Personalized AI will...
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Tim Cook Mentions AI For First Time In Prepared Remarks On Earnings Call, Munster Says 'Welcome Apple To Generative AI Steamroller'
Thursday, February 1, 2024 - 9:08pm | 685Apple, Inc. (NASDAQ:AAPL) has been late to the artificial intelligence party, and so a mention of the technology by CEO Tim Cook in his prepared remarks on late Thursday’s earnings call got Deepwater Asset Management’s Gene Munster excited. The tech giant reported forecast-beating first...
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'Big Week For Big Tech,' Says Munster, As He Details 'Pressure Points' For The 'Magnificent 7'
Tuesday, January 30, 2024 - 1:43pm | 728The big tech earnings flow picks up pace this week, with five of the seven companies belonging to the ‘Magnificent Seven’ reporting this week. Deepwater Asset Management’s Gene Munster on Monday called it a “Big week for Big Tech” and delved into the “pressure...
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Ahead Of Tesla's Q4 Earnings, Analyst Positive Despite Muted Outlook For Margin, New Product Ramp-up
Sunday, January 21, 2024 - 2:46pm | 759Tesla, Inc.’s (NASDAQ:TSLA) fourth-quarter results due Wednesday is key for the electric-vehicle maker, given investors’ worry over the company’s fundamentals. Ahead of the results, a venture capitalist and Tesla bull Gene Munster weighed on the aspects that will likely be on...
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Why Sub-$50B Tech Could Outshine 'Magnificent Seven' In 2024, According To Munster: Could These 5 Stocks Fit The Bill?
Thursday, December 14, 2023 - 6:03am | 824This year witnessed a strong rally in mega-tech stocks right from the beginning. After a brief pause in late summer, they regained momentum and are poised to end the year with impressive gains. Gene Munster, a tech venture capitalist and analyst at Deepwater Asset Management,...
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Tech Enthusiasts, Looking For The Perfect Holiday Gift? Munster Has These Recommendations For You
Sunday, December 10, 2023 - 2:11pm | 283The holiday season is upon us, and, on Tuesday, tech venture capitalist Gene Munster’s Deepwater Asset Management shared its annual holiday gift ideas in a post. Deepwater’s list covered tech items costing under $10 to around $8,000, providing options for those looking at a range of...
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Tesla Bull Calls Cybertruck 'Niche Product': 'Demand Will Be Limited … Until Pricing Comes Down'
Monday, December 4, 2023 - 2:47pm | 650Electric vehicle giant Tesla Inc (NASDAQ:TSLA) held a Cybertruck delivery event last week. The event saw the first Cybertruck deliveries take place and the pricing details of the highly anticipated electric pickup truck unveiled. What Happened: Many analysts and experts see the Cybertruck having...
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Tesla Cybertruck Seen As Pricier 'Side Story,' More Ford Dealers Drop Out Of EV Program, Fisker's Production Woes And More: Biggest EV Stories Of The Week
Saturday, December 2, 2023 - 10:34am | 1252Electric vehicle stocks had a mixed outing in the week that ended on Dec. 1, as stock-specific actions drove sentiment in some cases while the listless performance of the broader market also weighed down on the industry. Tesla, Inc. (NASDAQ:TSLA) managed to post a weekly gain but settled off the...
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Why Tesla Stock Is Sliding Premarket Today
Friday, December 1, 2023 - 8:52am | 298Shares of Tesla, Inc. (NASDAQ:TSLA) fell sharply in premarket trading on Friday, a day after the electric vehicle maker held a delivery event for its much-awaited Cybertruck. Early reactions from analysts suggest the electric pickup truck from Tesla’s stable could be pricier. Deepwater Asset...
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Tesla Analysts Groan At Cybertruck's Final Pricing, Warn Of $10K Loss Per Vehicle At Current Production Rate
Friday, December 1, 2023 - 7:29am | 830The reception to Tesla, Inc.‘s (NASDAQ:TSLA) Cybertruck delivery event was muted among analysts, with two notable bulls offering cautious commentaries following the launch of the newest vehicle from the electric vehicle pioneer’s stable. Analysts Harp On Disappointing Pricing: At the...