Benzinga
Published Dec 27, 2023 15:59
Updated Dec 27, 2023 17:10
Apple To Release AI Siri, No Tesla Robotaxi, Reddit Acquisition, Deep Fakes Mar US Elections And More: Deepwater Unveils 2024 Crystal Ball
Benzinga - by Shanthi Rexaline, Benzinga Editor.
Gene Munster’s Deepwater Asset Management tasted success with its 2023 predictions. Now, it’s out with tech predictions for 2024.
A Record To Cherish: Out of the eight predictions that Deepwater made for 2023, seven came to pass. This gives the venture capital firm a success core of 87.5%.
The Munster co-founded firm was wrong about the timeline for Tesla, Inc.’s (NASDAQ:TSLA) Model 2, which is now referred to as robotaxi. As opposed to its previous estimate of 2024, the firm now sees a delay until 2025.
Among those that fructified was the outperformance of the FAANG — the moniker for a group of mega-cap tech stocks.
Deepwater also called for:
Here’s what Deepwater predicts for 2024 based on its crystal ball gazing and scientific predictions:
Read Next: Semiconductor Stocks Soar To All-Time Highs: On Track For Strongest Year Since 2008, But Are They Too Expensive Now?
Image by nvodicka from Pixabay
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.