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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet remains 'fabric of the internet' and will do great long, says Gene MunsterGene Munster, Deepwater Asset Management, joins CNBC's "Fast Money" to break down earnings from Alphabet, Amazon and Apple.
Meta stock could see a 30% upside as Mark Zuckerberg shows he's listening to investors, Gene Munster says. Despite the Meta CEO's ambitions in the metaverse, Zuckerberg promised investors a "year of efficiency." But Zuckerberg shifted his tone in Meta's latest earnings call, Munster noted. "It's as if Zuckerberg is just saying what investors want to hear," Munster said in an interview with CNBC on Thursday. Munster estimated that the firm's earnings would rise 17%, adding Meta and other FAANG stocks could see upside of around 30% in 2023.
Big Tech stocks Amazon , Apple and Alphabet reported earnings Thursday night. "Ultimately, I think that this was a dodged bullet," Munster said on CNBC's " Fast Money ." "Apple is probably best positioned of the three to exceed the March quarter," Munster said. The company beat revenue expectations for the quarter , according to Refinitiv, but reported its slowest year of growth in its time as a public company. "When we look at the three tonight, Google was the one that had the highest growth rate relative to expectations," Munster said.
Tesla is set to report fourth-quarter earnings after the market close on Wednesday after a rocky 2022. Investors are laser-focused on the company's profit guidance after it announced big price cuts. Here's what Wall Street expects to see from the electric vehicle maker's earnings report. Detailed below is what three Wall Street analysts expect from Tesla's fourth-quarter earnings report. JPMorgan: Price cuts 'may lead to negative earnings revisions in coming quarters.'
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's most critical metric is gross margin guidance, says Deepwater's Gene MunsterGene Munster, Deepwater Asset Management, joins "Fast Money" to discuss Tesla earnings and the after-market action.
Watch CNBC's full interview with Deepwater Asset's Gene Munster
  + stars: | 2023-01-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Deepwater Asset's Gene MunsterGene Munster from Deepwater Asset Management joins 'Squawk Box' to discuss what recent cost cuts could mean for technology stocks.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Tesla investors may be playing with fire ahead of Wednesday's earningsGene Munster, Deepwater Asset Management Managing Partner, joins CNBC's "Fast Money" to discuss what investors should expect from Tesla earnings.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGene Munster: There's another 15-20% of headcount reduction left for big tech in next 3-6 monthsGene Munster from Deepwater Asset Management joins 'Squawk Box' to discuss what recent cost cuts could mean for technology stocks.
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