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Facebook Parent's 'Meta Connect 2022' Is Here: Why Munster Thinks It's A Big Deal
Tuesday, October 11, 2022 - 6:32am | 582With Meta Platforms, Inc. (NASDAQ: META) shares down 60% so far this year amid floundering fundamentals and macro uncertainties, investors are looking ahead to an upcoming company event to see if it could prop up the stock a bit. What Happened: Meta will host a one-day virtual...
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Apple Analyst Raises iPhone Revenue Estimates Despite Macroeconomic Uncertainties — 2 Factors At Play
Tuesday, October 11, 2022 - 6:17am | 340Macroeconomic uncertainties have not spared the high-and-mighty in the tech sector but an analyst is confident that Apple Inc. (NASDAQ: AAPL) will outperform hardware revenue expectations in the September quarter. What Happened: KeyBanc Capital Markets' “First Look Data” showed...
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What Will Elon Musk Do With Twitter? Will Tesla, SpaceX Suffer? Analyst Weighs In Following Revived Deal
Sunday, October 9, 2022 - 9:10am | 602Tesla, Inc. (NASDAQ: TSLA) shares came under significant selling pressure this week, with CEO Elon Musk’s announcement to revive the Twitter, Inc. (NYSE: TWTR) deal partly to blame for the predicament. Longtime Tesla bull and Loup Funds’ Gene Munster offered his take on three key...
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Prominent Apple, Tesla Analyst Warns Of More Pain For US Stocks In Coming Months
Friday, September 30, 2022 - 10:10am | 645The tech-heavy Nasdaq Composite Index on Thursday pulled back to a two-year low amid selling in stocks, including Apple Inc. (NASDAQ: AAPL) and Tesla Inc. (NASDAQ: TSLA). What Happened: Noted Apple and Tesla analyst Gene Munster took to Twitter on Thursday to offer his take on the current...
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Is iPhone Demand Really Slowing Down? Apple Analyst Says This Data Point Proves Otherwise
Wednesday, September 28, 2022 - 7:25am | 287Demand for Apple Inc.’s (NASDAQ: AAPL) high-end iPhone 14 is remaining robust, according to Loup Funds’ Gene Munster. What Happened: His comments come amid concerns stirred by a Bloomberg report that said Apple may be dropping plans to increase iPhone 14 production due to demand not...
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Rivian R1S 'Feels A Lot Bigger' Than Tesla's Model Y: Munster Weighs In After First Ride
Tuesday, September 27, 2022 - 6:10am | 388Rivian Automotive Inc. (NASDAQ: RIVN) is among the U.S. electric vehicle startups that have built up some credibility even amid inclement macroeconomic and supply chain scenarios. Loup Funds’ Gene Munster offered his thoughts on the Irvine, California-based company following his...
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Apple Analyst Says iPhone 14 And Other Fresh Launches Enough To Beat Street Expectations On Q4 Revenue
Friday, September 9, 2022 - 1:45am | 508Apple, Inc. (NASDAQ: AAPL) launched a slew of hardware products at its “Far Out” event held on Wednesday. Apple’s fall iPhone event stuck to its “playbook for success’ — taking a loved product, adding features, and refining its look while maintaining the...
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Apple's Bet On This Chinese Company Cost It $800M, But There's A Lesson To Learn, Gene Munster Says
Thursday, September 1, 2022 - 12:38pm | 436An Apple Inc. (NASDAQ: AAPL) executive who was part of the board of embattled Chinese ride-hailing service DiDi Global Inc - ADR (OTC: DIDIY) has relinquished the board seat, the Chinese company said in a statement. What Happened: In a very terse communication in early August, DiDi...
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Is Apple Getting Itself In Justice Department's Crosshairs? This Analyst Sees No 'Meaningful Risk'
Saturday, August 27, 2022 - 4:07pm | 364Apple, Inc. (NASDAQ: AAPL), which has long been on the Department of Justice’s radar, could soon be sued by the agency. What Happened: Lawyers at the DOJ are working on an antitrust complaint against the tech giant, Politico reported on Friday. The agency could file the suit by year's...
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Did Elon Musk Just Beat Apple To The Punch? This Analyst Thinks So
Saturday, August 27, 2022 - 2:23pm | 573Tesla, Inc. (NASDAQ: TSLA) announced late Thursday a partnership with T-Mobile US, Inc. (NASDAQ: TMUS) for providing cellular connectivity everywhere in the U.S. Musk Pips Apple With Cellular Phones? Elon Musk and T-Mobile CEO Mike Sievert touted the new feature, dubbed “Coverage Above and...
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Munster Sees This Business Emerging As 'Fourth Leg' Of Amazon Growth Story
Friday, August 26, 2022 - 7:04am | 385Amazon, Inc. (NASDAQ: AMZN) is reportedly planning to shut down its primary healthcare service unit by the end of 2022. The reports come on the heels of the e-commerce giant agreeing to buy 1Life Healthcare, Inc. (NASDAQ: ONEM), which operates a chain of primary healthcare clinics under the brand...
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How Much China Exposure Does Apple Have? Is Cupertino Serious About Diversifying Supply Chain? Munster Offers His Insights
Saturday, August 13, 2022 - 1:49pm | 555The U.S.-China relationship, which was beginning to mend, has taken a turn for the worse in the wake of House Speaker Nancy Pelosi’s visit to Taiwan, which China calls its territory. Pointing to a recent white paper published by the Xi Jinping administration, Loup Ventures co-founder Gene...
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Why Munster Thinks Apple's MR Headset Won't Ship Until 2024
Tuesday, August 9, 2022 - 7:11am | 303Apple, Inc.’s (NASDAQ: AAPL) long-rumored mixed reality headset has generated a lot of excitement among its loyal user base, especially given that the company hasn’t had a major new product since the launch of the iPhone in 2007. Prominent Apple analyst Ming-Chi Kuo said in a note...
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As Apple And Other Big Techs Move Toward Disrupting Healthcare, Munster Weighs In On The Opportunity
Monday, August 8, 2022 - 6:18am | 467Big techs continue to make moves toward the goal of “healthcare disruption,” Loup Funds co-founder Gene Munster said in a recent note. Big Tech’s Healthcare Investment Spike: Between 1999 and 2022, Amazon, Inc., Apple, Inc. (NASDAQ: AAPL), Alphabet, Inc. (NASDAQ: GOOGL...
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Why Munster Thinks Tesla Is The Biggest Beneficiary Of The Climate Bill
Monday, August 8, 2022 - 4:32am | 320After months of bickering and negotiations, the Senate finally cleared the Biden administration’s Inflation Reduction Act 2022 on Sunday, and Tesla, Inc. (NASDAQ: TSLA) could be its biggest beneficiary, according to a top analyst. What Happened: Loup...