Deepwater Asset Management

The stock market has recovered nicely this year, although abounding uncertainties and risks question the sustainability of the uptrend. Against this backdrop, Doug Clinton, the managing partner at Deepwater Asset Management, delved into what it would take to generate great returns. What...

Tesla Inc. (NASDAQ: TSLA) investors had pinned much hope on the Investor Day and at least one buy-side analyst felt the event did not live up to the hype. Stock Loses Ground: Post the event, Tesla shares shed 5.61% toward support around $191. After ending Wednesday’s regular trading...

Electric vehicle startup Rivian Automotive Inc. (NASDAQ: NVDA) reported on Tuesday its fourth-quarter revenue that missed expectations and also issued underwhelming 2023 production guidance. What Happened: Rivian joined Ford Motor Co. (NYSE: F) with the recent “EV production...

Microsoft Corp. (NASDAQ: MSFT) held a press event on Tuesday to announce ChatGPT integration into its services. Honors To Be Split, Munster Says: The integration of Microsoft’s Bing search engine with OpenAI language models will add current information to ChatGPT and enrich the types of...

Apple, Inc. (NASDAQ: AAPL) shares pulled back over 3% in Thursday’s premarket trading after the company reported fiscal year first-quarter results that trailed expectations. The Apple Analysts: Wedbush’s Daniel Ives maintained an Outperform rating and $175 price target. KeyBanc...

Apple Inc (NASDAQ: AAPL) is set to print first-quarter financial results after the market closes Thursday. The stock was spiking up about 3% heading into the event. When the tech giant printed its fourth-quarter results on Oct. 27, the stock surged 7.56% the following day but declined 13.72% over...

Meta Platforms Inc. (NASDAQ: META) shares soared 20% late Wednesday after the Mark Zuckerberg-led company reported a revenue beat and issued in-line revenue guidance for the first quarter. Focus Back On Core Products: Meta’s founder CEO Zuckerberg has shifted focus to core products like...

Tesla Inc. (NASDAQ: TSLA) allayed investor fears by reporting fairly decent quarterly results across the board and the stock promptly rallied in reaction. What Happened: Tesla appears to have made the right decisions to successfully navigate what will likely be a difficult year for the auto...