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How Protests Against Xi Jinping Are Sending Apple, Tesla Stocks Lower Today
Monday, November 28, 2022 - 8:39am | 490Shares of Tesla Inc. (NASDAQ: TSLA) and Apple Inc. (NASDAQ: AAPL) — two companies that rely heavily on China for both production and sales — are sliding in premarket trading on Monday. China Lockdown Stirs Protests: China has continued to impose stricter COVID-19 curbs,...
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Apple Analyst's 9 Gift Recommendations For 2022 Holiday Season; Tesla's $30K EV And 2 More Items In 2023 Wishlist
Friday, November 25, 2022 - 10:05am | 637Even in the face of uncertainties, consumers continue to be resilient, estimates by retail industry bodies show. What Happened: A record 166.3 million people are expected to shop from Thanksgiving Day through Cyber Monday this year, up eight million from a year ago, according to a survey by...
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Elon Musk's Successor As Tesla CEO: Analyst Names Apple, Ex-Volkswagen Execs Among Lead Contenders
Friday, November 18, 2022 - 8:17am | 884Tesla Inc. (NASDAQ: TSLA) shares came under selling pressure on Thursday after board member word got around that a succession plan for CEO Elon Musk is in the works. Tesla bulls dismissed the development as "good corporate governance" and said a change at the helm may not happen any...
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Amazon's Rumored Layoffs To Hit Its Once 'Must-Invest' Growth Segments; Analyst Says More Cuts Possible 'If We Go Into A…'
Tuesday, November 15, 2022 - 7:44am | 417Amazon Inc. (NASDAQ: AMZN) could join a bevy of companies that have cut jobs, with a report suggesting the ecommerce giant will let go of about 10,000 people in corporate and technology jobs, beginning this week. What Happened: Commenting on the New York Times report, Loup Funds co-founder and...
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Elon Musk's Personal Actions Put Investors At Risk, Tesla Bull Re-Ups 2018 Letter
Monday, November 14, 2022 - 1:42pm | 868The extra workload coupled with the overhang on Tesla Inc (NASDAQ: TSLA) shares from CEO Elon Musk's selling a portion of his stake in the electric vehicle company to help finance the $44 billion acquisition of Twitter puts "investors at risk." That's according to Loup Funds...
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Will Mark Zuckerberg's Layoff Plan Restore Meta Investors' Confidence? Analyst Says It 'Still Doesn't Make Up For…'
Wednesday, November 9, 2022 - 7:02am | 420Meta Platforms Inc. (NASDAQ: META) rumored job cuts will be publicly disclosed on Wednesday, and Loup Funds’ Gene Munster offered his take on how effective the eliminations will be in helping the company get back on track. What Happened: Meta is likely to reduce 10% of its headcount,...
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EXCLUSIVE: Gene Munster Says Apple, Tesla Are Standouts Among Mega-Cap Tech — Why 'Optionality' Will Drive Future Growth
Tuesday, November 8, 2022 - 4:04pm | 776Big tech is out of favor amid current market conditions, but one analyst said it's only a matter of time before investors regained an appetite for growth. What Happened: Loup Funds' Gene Munster anticipated weakness in tech stocks in the short term, but he...
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iPhone China Production Woes Could Take $3B Toll On Apple's Q1 Revenue — But Analyst Says 'Good News Is...'
Monday, November 7, 2022 - 6:58am | 371The most recent China lockdowns have begun to bite Apple Inc. (NASDAQ: AAPL), with the company disclosing that shipments of iPhone 14 Pro and Pro Max would be lower than its previous expectations. What Happened: The muted outlook follows disruptions at Hon Hai Precision Manufacturing Company...
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Apple Has 3 Massive Growth Opportunities With 'Another Decade Of Solid Performance,' Analyst Says
Sunday, October 30, 2022 - 8:39am | 384Apple, Inc. (NASDAQ: AAPL) reported on Thursday forecast-beating results for its September quarter, and it came as a welcome relief among some high-profile tech disappointments. Loup Funds co-founder Gene Munster attributed the tech rout seen in the aftermath of some disappointing tech earnings to...
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Meta's Investment Plans Spook Investors And Analysts — 3 Reasons Why KeyBanc Downgraded Stock
Thursday, October 27, 2022 - 6:15am | 518Meta Platforms Inc. (NASDAQ: META) shares plunged close to 20% late on Wednesday after the company reported a third-quarter earnings miss and issued a below-consensus forecast for the running quarter. KeyBanc Downgrades Stock: While Meta’s third-quarter results and fourth-quarter guidance...
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Are Google Investors Overreacting As Parent Stock Slumps 6.5% Post Q3 Earnings? Analyst Says Results Disappointing, 'But Not Terrible'
Wednesday, October 26, 2022 - 5:58am | 595Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) shares fell over 6.5% late on Tuesday following the release of its third-quarter results. Commenting on the earnings, Loup Funds co-founder Gene Munster termed the results as a "disappointment but not terrible." The Disappointment And Good News...
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Why Big Tech Earnings, October CPI Print Could Be Near-Term Market Drivers: Gene Munster On These 2 Catalysts
Saturday, October 22, 2022 - 4:01pm | 628The U.S. market staged a strong rebound this week thanks to some strong earnings news flow. The sustenance of the rally in the coming weeks will largely depend on two key things — earnings from blue-chip tech stocks and the September consumer price inflation data. Big Tech Earnings...
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Munster Not Concerned About Meta And Google Despite Snap's Disappointing Q3: 'Long-Term Will Be Intact'
Friday, October 21, 2022 - 7:02am | 441Snap Inc. (NYSE: SNAP) shares tumbled about 27% following the release of its third-quarter results. What Went Wrong At Snap: Four headwinds — ad market softness, monetization method, Apple Inc. (NASDAQ: AAPL) privacy changes and competition from TikTok — have worked in unison...
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With Tesla's Q3 Topline Miss In Rear View, Next 2 Quarters Will Reassure Investors On EV Maker's Long-Term: Analyst
Thursday, October 20, 2022 - 8:02am | 505Tesla Inc.'s (NASDAQ: TSLA) third-quarter earnings report could not give its sagging stock a lift but its forward outlook evinces confidence, according to Loup Funds’ Gene Munster. What Happened: As opposed to expectations of a small increase in average selling price, Tesla...
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As Apple Refreshes iPad Models, 4K TV Ahead Of Holiday Season, Analysts Weigh In On Pricing And Features
Wednesday, October 19, 2022 - 6:00am | 559Apple Inc. (NASDAQ: AAPL) decided to do away with a launch event and announced another batch of new hardware products on Tuesday via press releases. The launches were in line with what Bloomberg's Mark Gurman reported on Saturday. What’s New At Apple: Apple announced a fully redesigned...