Deepwater Asset Management

Meta Platforms, Inc. (NASDAQ:META) surprised investors with forecast-beating results and an optimistic outlook for the third quarter after the market close on Wednesday. What Happened: Meta saw a remarkable 11% year-over-year revenue increase in the second quarter, marking its first double-digit...

Alphabet's solid Q2 beat on the back of accelerating ad revenue growth and solid cloud momentum has left analysts impressed. Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) reported Tuesday after the close second-quarter results that exceeded expectations, thanks to the strong...

Tesla, Inc. (NASDAQ:TSLA) is scheduled to report its second-quarter results Wednesday after the market close. Analysts, on average, expect earnings per share to rise year-over-year from $0.76 to $0.82 and revenue to jump 44.50% to $24.48 billion. One thing that has left investors...

Amazon.com, Inc. (NASDAQ: AMZN) kicked off its 48-hour Prime Day sale on Tuesday. Deepwater Asset Management's Gene Munster says the competition should look out.  What To Know: Amazon’s Prime Day event offers Prime members exclusive access to the company's ...

Shares of Tesla, Inc. (NASDAQ:TSLA) surged in premarket trading on Monday as investors reacted to the electric vehicle maker’s impressive quarterly deliveries and production results. The Elon Musk-led company reported record-breaking second-quarter deliveries of 466,140...

Tesla, Inc.’s (NASDAQ:TSLA) record second-quarter deliveries report has left analysts gushing over its strong numbers. What Happened: Tesla’s price cuts are working in a big way, said Gene Munster, Managing Partner at Deepwater Asset Management. Among the analyst’s five takeaways...

Apple, Inc. (NASDAQ:AAPL) is all set to unveil a new product category after an eight-year gap. The long wait could be over as the company is widely expected to preview its $3,000 developer version of its mixed-reality headset at its annual Worldwide Developers Conference on June 5. Deepwater Asset...

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk repeated his dire warning about the economy in an interview with CNBC's David Faber on Tuesday. What Happened: Raising Fed rates is like break pedal on the economy, Musk said, adding that higher interest rates would make everything costlier. He reiterated his...

Apple, Inc. (NASDAQ:AAPL) is the last among the FAANGs to report its March quarter results. The results are important because they could confirm or question the strength of quarterly reports from other big techs. Key Q2 Expectations: Cupertino, California-based Apple is expected to report earnings...

In a blog post on Thursday, former hedge fund manager Whitney Tilson, who runs investment advisory firm Empire Financial, recently highlighted a stock that has nearly all the traits of a "buy and hold." The investor was referring to Amazon, Inc. (NASDAQ:AMZN), which reported its quarterly results...

With Amazon, Inc.'s (NASDAQ:AMZN) first-quarter earnings announced on Thursday, all major global cloud service providers have now reported, and it is time to take stock of how each of their cloud businesses fared in the quarter. Amazon Flags Slowdown: Amazon Web Services, or AWS, contributed $21.35...

After Amazon, Inc.'s (NASDAQ:AMZN) first-quarter results, Deepwater Asset Management's Gene Munster weighed in on the results and the near-term stock outlook. Calling Amazon a "great company," Munster said Deepwater, a fund management firm he co-founded, does not own Amazon stock. There are other...

 Meta Platforms, Inc. (NASDAQ:META) ticked all the boxes with its first-quarter results — with top and bottom lines as well as key operational metrics outperforming expectations. The stock reacted with a strong move to the upside in after-hours trading on Wednesday. KeyBanc Bumps Up Price Target:...

Tesla, Inc. (NASDAQ:TSLA) has reversed some of the downward price adjustments for its premium model vehicles, shortly after the stock slumped nearly 10% in reaction to the company's quarterly results. What Happened: Updated price information available on Tesla's website showed price hikes ranging...

Tesla, Inc. (NASDAQ:TSLA) shares were pulling back sharply in premarket trading on Thursday as investors digested the electric vehicle maker's first-quarter earnings report and the management commentary on the earnings call. The stock plunged 7.54% to $166.98 in premarket trading, according to...