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The Latest Breaking News from Dan Ives

Tesla shares plunged on weak earnings. But a top analyst says AI investments will lead to a $1 trillion-plus valuation

Some analysts remain bullish on the company.

Fortune

Tesla Shares Drop Amid Falling Profits And Delayed Robotaxi Launch

This latest financial release fell short of Wall Street's profit expectations, contributing to a broader narrative of challenges faced by the electric vehicle (EV) giant.

International Business Times

Elon Musk says a Trump presidency ‘would be devastating’ to Tesla’s competitors

The EV leader earlier denied news reports that he would pump $45 million a month into Trump’s campaign

Fortune

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read the most diverse news in one place.

Tesla Q2 Earnings Preview: Is TSLA Stock a Buy or Sell Ahead of the Report?

Tesla will release its Q2 earnings on Tuesday after the bell. Here's the earnings preview for the Elon Musk company.

Barchart

Why One Analyst Says Palantir Stock is a Sell Ahead of Earnings

Despite Palantir's impressive 66% surge this year, Mizuho downgraded the stock to 'Underperform' due to concerns over high valuation and limited earnings visibility. With mixed analyst ratings and the Q2 earnings report approaching, investors are advised to tread carefully and prepare for potential volatility.

Barchart

Small businesses grapple with global tech outages created by CrowdStrike

Businesses from airlines to hospitals have been grappling with faulty software update that caused technological havoc worldwide on Friday

The Independent UK

CrowdStrike shares plummet after bug causes worldwide IT outage

Wedbush senior equity analyst Dan Ives called the outage a “black-eye moment” for CrowdStrike, which serves hundreds of Fortune 500 companies.

Fortune

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Analysts See Tech Companies Leading the Rally Ahead of Q2 Earnings, Lifts Target Price Over 20% For 3 Tech Stocks

Wedbush Securities analysts led by Dan Ives believe Q2 earnings will be a positive catalyst for tech stocks, which could climb another 15% this year.

International Business Times UK

Apple Stock Forecast: Why the Best Is Yet to Come for AAPL

While Apple stock has risen to record highs, with its market cap topping $3.5 trillion, the company's best is yet to come.

Barchart

Why Tesla Stock Could Benefit from a Possible Trump Presidency

Tesla's stock could benefit from a potential Trump presidency, thanks to Elon Musk's reported relationship with Trump and the company's strong domestic manufacturing presence.

Barchart

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.

Fortune

Elon Musk’s Tesla recoups all its year-to-date losses after adding a staggering $150bn in market cap in just 3 days: ‘worst is in the rear view mirror’

Investor faith in Tesla's once busted-growth story appears to have returned after a dire first-half that saw it become the butt of jokes.

Fortune

Should You Sell the News After Apple's Big AI Reveal?

After the iPhone giant’s AI-enabled upgrades announcement, should investors consider selling the stock?

Barchart

Nvidia’s CFO has been ‘instrumental’ in success and ‘key to Jensen’s vision,’ top analyst says

Colette Kress joined Nvidia as CFO in 2013.

Fortune

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Fortune

PayPal cofounder Max Levchin’s network of tiny banks could help Apple with its Goldman Sachs issue

The tech giant’s most high-profile banking partnership is reportedly dissolving, but a partnership with Affirm, led by PayPal cofounder Max Levchin, plus a network of smaller, mostly state-chartered banks, is now in place.

The Independent UK

Future of Elon Musk and Tesla are on the line as shareholders vote on massive pay package

If Tesla shareholders approve an all-stock compensation package for CEO Elon Musk that was thrown out by a Delaware judge, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles

InsideEVs

Tesla Pay Vote Is ‘A Nightmare For Shareholders’: What Could Happen

Tesla shareholders must vote on CEO Elon Musk's 2018 pay. If the vote fails to pass, some investors fear Musk could leave. Here's what we know.

The Independent UK

Future of Elon Musk and Tesla are on the line this week as shareholders vote on massive pay package

If Tesla shareholders vote against restoring Elon Musk’s $44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of this other companies

Get all your
news in one place.

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One news app.

The Independent UK

Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders

Apple’s annual World Wide Developers Conference on Monday is expected to herald the company’s move into generative artificial intelligence, marking its late arrival to a technological frontier that’s expected to be as revolutionary as the invention of the iPhone

The Guardian - US

Tesla leads charge to defend Elon Musk’s $56bn pay package

After the deal was struck down in court in January, investors will be asked to endorse it again this week

The Guardian - UK

Elon Musk may ‘step back’ if shareholders reject $56bn pay package, Tesla chair warns

Robyn Denholm says electric carmaker’s CEO could spend his time elsewhere if biggest pay deal in US corporate history isn’t approved

Fortune

Alphabet’s next CFO Anat Ashkenazi ‘fills a void’ for the company at key time during AI Revolution, says top analyst

Ashkenazi is a 23-year veteran of Eli Lilly and Company.

International Business Times

Microsoft Unveils 'Copilot Plus' PC Amped With AI

Microsoft CEO Satya Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company's world leading operating system.

Barchart

Down 20% from Highs, Should You Buy the Dip in Palantir Stock?

Amid a nearly 21% pullback from its early March highs, investors might be contemplating whether to seize the opportunity to buy Palantir stock, especially as it now aligns more closely with analysts' mean price target following post-earnings declines. Let’s have a closer look.

International Business Times

Microsoft Expands Its AI Empire Abroad

Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market.

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