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The Latest Breaking News from Deepwater Asset Management

Siri Gets 'F' While OpenAI's ChatGPT Scores An 'A:' Gene Munster Says Here's What Apple Needs To Fix Before 2026 Launch To Stay Relevant In AI

Apple Inc.'s (NASDAQ:AAPL) Siri is far behind OpenAI's ChatGPT, according to a comparison conducted by Deepwater Asset Management, receiving an "F" while ChatGPT has scored an "A."

Amazon And Walmart Dominate Black Friday As Online Sales Soar 14.6%

Amazon And Walmart Dominate Black Friday As Online Sales Soar 14.6%

Black Friday sales in the US saw contrasting trends between in-store and online shopping, with e-commerce dominating and AI chatbots driving website visits.

Amazon's Focus Shift To Black Friday From Cyber Monday Is Paying Off, Says Gene Munster: 'Small Changes To Profitability Can Have Measurable Impact To Earnings'

Amazon's Focus Shift To Black Friday From Cyber Monday Is Paying Off, Says Gene Munster: 'Small Changes To Profitability Can Have Measurable Impact To Earnings'

Amazon's shifted of focus from Cyber Monday to Black Friday for the second year in a row and is reaping the benefits of this move, according to Deepwater Asset Management's Gene Munster.

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Apple to buy Peloton? Rumors swirl yet again as asset management firm predicts buyout to fuel growth of Apple Fitness Plus service and Watch accessories

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

Tesla Q2 Earnings: Analyst Unfazed By Auto Gross Margin Concerns

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

Ford Worried About Tesla’s Cybertruck, Says Analyst After F-150 Lightning Price Slash: ‘Now Both Models Start At…’

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

Can the Rally Continue for Meta Platforms?

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...

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Investors beware: Fed Chair Jerome Powell's comments this week could spark a major tech selloff, top analyst warns

Investors beware: Fed Chair Jerome Powell's comments this week could spark a major tech selloff, top analyst warns

“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.

A top tech analyst just warned another 15% to 20% of big tech employees could be laid off over the next 6 months

A top tech analyst just warned another 15% to 20% of big tech employees could be laid off over the next 6 months

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

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