The Latest Breaking News from Wedbush

Dow Jones rose as the Nasdaq added to its three-week win streak. Wedbush analysts sees 35% upside to Tesla; Microsoft, Salesforce, Tesla on deck.

Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday. The computer industry stalwart could announce layoffs in its engineering divisions as early as Wednesday, Bloomberg News reported. A Microsoft spokesperson…

“The Cinderella ride is over for Tesla, and Musk now needs to navigate the company through this Category 5 dark macro storm,” Tesla bull Dan Ives wrote in a Tuesday note.

"Elon Musk is viewed as 'asleep at the wheel' from a leadership perspective for Tesla at the time investors need a CEO to navigate this Category 5 storm," said Wedbush analyst Dan Ives.

Wedbush’s Dan Ives is celebrating the likely end of Elon Musk’s reign as Twitter CEO, arguing it was a “nightmare” for Tesla investors.

“Investor frustration is building as the Musk brand has quickly deteriorated over the past six months,” the influential tech analyst wrote. "The Twitter nightmare continues."

By 2025, 50% of iPhone production could be in these two countries instead, according to Wedbush tech analyst Dan Ives.

Consumers looking for a new iPhone 14 over the Black Friday shopping period may be out of luck, as experts say Apple shortages might last for the rest of the year

Tesla stock roared Thursday, but Wedbush analyst Dan Ives warned Elon Musk's Twitter's "dark comedy show" is hurting the Tesla brand.