The Latest Breaking News from Deepwater Asset Management

Apple Inc.'s (NASDAQ:AAPL) latest $100 billion investment in U.S. manufacturing is unlikely to impact product pricing, according to Deepwater Asset Management's Gene Munster, who says iPhone assembly will continue to take place abroad.

The Tesla CEO hosted an earnings call once more long on promises and short on specifics, especially regarding his month-old robotaxi service that has logged only 7,000 driverless miles.

Deepwater Asset Management predicts Apple will acquire Peloton in 2024 among the investment firm's annual predictions.

Gene Munster of Deepwater Asset Management expects improving margins in the back half of the year.

Ford Motor Co. said it is cutting prices of F-150 Lightning pickup truck and investors reacted to news by sending the stock lower

After plunging more than -64% in 2022, shares of Meta Platforms (META ) are up +134% this year and are the second-best-performing mega-cap technology stock this year, behind Nvidia (NVDA ). Although Meta Platform’s share price has more than tripled from its 7-1/2 year low in November, its valuation is...

“I’m a big believer in tech, but I think the first half of the year is going to be a difficult era,” Deepwater Asset Management's Munster warned Monday.

“Ultimately, it keeps coming back to, simply, these companies added too many people too fast,” Deepwater Asset Management’s Gene Munster said on Monday.