Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › AI Trade Doubts May Ease With Usage Growth, Gene Munster Says
Business & Finance

AI Trade Doubts May Ease With Usage Growth, Gene Munster Says

Bloomberg Technology Thursday 22 October 2026, 19:46 UTC 1 min read
Key Points

Oct 22nd, 2026 AI Trade Doubts May Ease With Usage Growth, Gene Munster Says Gene Munster, Deepwater Asset Management managing partner, says there may be no near-term comment or catalyst to restore investor confidence amid scrutiny of AI spending. He describes a divide between "academics" and "visionaries." He speaks on "Bloomberg The Close."

Oct 22nd, 2026 AI Trade Doubts May Ease With Usage Growth, Gene Munster Says Gene Munster, Deepwater Asset Management managing partner, says there may be no near-term comment or catalyst to restore investor confidence amid scrutiny of AI spending. He describes a divide between "academics" and "visionaries." He speaks on "Bloomberg The Close."
AI Trade (ORG) May Ease With Usage Growth (PERSON) Gene Munster (PERSON) Deepwater Asset Management (ORG) AI (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Shopify-Like IPO Successes Becoming Rare in Canada, Nowlan Says

Shopify-Like IPO Successes Becoming Rare in Canada, Nowlan Says Canada will struggle to find another stock-market success story like Shopify Inc. as the country grapples with a public-listing drought and a delisting trend, according to Daniel Nowlan at National Bank Capital Markets. The Canadian market has been seeing a “hollowing out” of smaller companies seeking to grow into larger and more globally meaningful firms, according to Nowlan, the firm’s vice chairman and managing director of...

Bloomberg Markets 11m ago

Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election

In case there were any doubts, Mark Zuckerberg is staying in California. Meta was apparently concerned enough that its founder and CEO might depart its home state that the company put in place a new stock plan that could help offset the burden of higher taxes should a billionaires tax, known as Proposition 40, pass on Election Day on Nov. 3. The disclosure came in a filing on Wednesday that coincided with Meta's third-quarter earnings report, and represents a first among California's megacap...

CNBC 13m ago

ASX to fall, US tech rout rattles markets

ASX set to fall as US tech stocks tumble, oil hits five-month high The ASX is set to fall after US tech stocks tumbled, led by Meta, as its plans to ramp up AI spending fuelled doubts about whether the investment will pay off. Brent crude tops US$113 a barrel after further Houthi attacks on Saudi Arabia and concerns about a fresh escalation between the US and Iran.

ABC Australia 16m ago

Moderna, Merck Fall After Melanoma Data Leak

Oct 22nd, 2026 Moderna, Merck Fall After Melanoma Data Leak Moderna and Merck shares plummeted after data on the companies' personalized melanoma vaccine wasn't enough to prove to investors that a new era of cancer treatments has arrived. Michelle Fay Cortez has more on "Bloomberg The Close."

Bloomberg Markets 21m ago