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The Latest Breaking News from Deepwater Asset Management

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?

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...

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.

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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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