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The Latest Breaking News from Wedbush

Over $200 billion of Apple's market cap has been vaporized since Thursday. Here's what's going on

“The gravity of a challenging smartphone market particularly in developed regions that should continue…is a headwind for the stock,” UBS analyst David Vogt said.

Fortune

Is Starbucks Too Dependent On China? 5 Analyst Takeaways On Mixed Q3 Print, Outlook

Shares of Starbucks Corp rose in early trading on Wednesday, after the company reported mixed fiscal third-quarter (Q3) results

Zenger

Palantir Stock Surges After Wedbush’s Ives Calls It ‘Messi Of AI’ With A Bullish Outlook: ‘On Golden Track To Success’

Palantir Technologies, Inc. shares are spiking higher in premarket trading after a Wedbush analyst initiated coverage of the stock

Zenger

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PacWest And Banc Of California Agree To All-Stock Merger

Analysts weigh in on the transformative bank merger and shareholder response.

Zenger

Rivian Stock Up Almost 90 Percent Over The Past Two Weeks

Wedbush analyst Dan Ives thinks "the worst is in the rearview mirror" when it comes to Rivian's stock, with the firm raising the price target from $25 to $30.

InsideEVs

Wall Street is underestimating the inevitable ‘tech bull market’ being lined up by the A.I. Gold Rush, Wedbush’s Dan Ives says

Ives predicted that tech stocks could be boosted a further 15% by the end of 2023.

Fortune

How High Will Tesla Stock Climb?

Tesla stock has climbed more than 44% in the past month. Is there more upside in the cards for this electric vehicle stock?

Barchart

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Tim Cook says Apple's new mixed-reality headset is 'revolutionary,' but analysts say wait and see

The market for bulky ski goggle-like devices has turned out to be relatively small despite billions of dollars spent by rivals like Facebook.

Fortune

Apple bulls are bracing for a Tim Cook 'flex' moment

Apple's forthcoming mixed reality headset is expected to have a high price tag, but the company may have some other tricks up its sleeve to boost sales.

Fortune

Microsoft Gets Price-Target Hike On ‘Jaw-Dropping’ Nvidia Guidance

Analyst Daniel Ives remains bullish on Microsoft's artificial intelligence prospects, lifting the price target to $375.

Zenger

Top analyst argues A.I. has spawned a 'Game of Thrones'–style battle for what is a $800 billion opportunity over the next decade

Wedbush's Dan Ives believes A.I. is the "most transformation theme" he has seen in 22 years of covering tech stocks.

Fortune

Now That Elon Musk Named A New Twitter CEO, Is It Time To Get Bullish?

Musk publicly named a successor for the Twitter CEO job, and many Tesla investors and analysts are hopeful it will give him more time to focus on the EV maker.

InsideEVs

Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon Valley

Investors in Asia seem to be betting bigger on American A.I. than China's.

Fortune

Why the Unusual Options Volume for SoFi Technologies (SOFI) Deserves a Closer Look

Although bullish investors of SoFi Technologies appear enthused about Monday’s discount, SOFI stock may incur a longer-term challenge.

Barchart

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Zenger

Wedbush Analyst Gives The Overall Praise Of Apple’s Performance In First Quarter Earnings

Apple scored over $117 billion in earnings in the first quarter but down 5% from last year as the company continues to thrive.

Fortune

Top analyst says 'the lion's share of tech layoffs are now in the rearview mirror' on the heels of Apple CEO Tim Cook's declaration

"Apple and Cook are in a position to gain market share and hire talent," Wedbush Securities analyst Dan Ives says.

Fortune

McDonald's CFO is starting to sound like a CMO—here's why

Marketing is one of McDonald's "primary competitive edges," says Wedbush analyst Nick Setyan.

Barchart

Markets Today: Stock Indexes Slip as U.S. Jobless Claims Signal a Weaker Labor Market

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.12%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.37%. U.S. stock index futures this morning are modestly lower after today’s weekly jobless claims showed the U.S. labor market continues to soften. Continuing claims, which include...

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Asharq Al-Awsat

Eyes on Apple to Join Quest for the Metaverse

Apple fans are watching to see whether the iPhone-maker puts a culture-changing spin on virtual reality, even as rivals slow their march toward the metaverse. All eyes are on whether Apple will commit to releasing long-rumored VR or augmented reality (AR) "goggles" at its annual Worldwide Developers Conference in June,…

InsideEVs

Will Tesla Cut Prices Again This Year? Analyst Says It Might Happen

Wedbush analyst and long-time Tesla bull Dan Ives says the EV maker has much higher margins than the industry even after the price cuts earlier this year.

Zenger

Janet Yellen’s Comments Fail To Calm Investors As First Republic Stock Remains Volatile

Growing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution

StockNews.com

1 Medical Stock You Shouldn't Touch With a 10-Foot Pole

Apellis Pharmaceuticals’ (APLS) stock has jumped more than 25% year-to-date based on FDA approval for treating geographic atrophy. Despite the breakthrough, the company’s ability to scale up production remains a concern. Moreover, its closest competitor is also close to getting approval. Given its poor financials, stretched valuation, and weak profitability,…

Fortune

Microsoft and Google are in a ‘Game of Thrones’ battle over A.I., Wedbush’s Dan Ives says

Tech companies are racing to figure out how to implement A.I. in their products, and it’s not just about search engines.

Fortune

Bad news, Tesla bulls: Elon Musk plans to keep running Twitter for the rest of this year

The billionaire entrepreneur said it’s unlikely he’ll be able to choose a suitable successor to run the ailing social media platform until the end of 2023.

Fortune

The EV wars are here and it's 'now or never' for major players like Ford and GM to gain ground against Tesla, according to Wedbush analyst Dan Ives

“There is a window of opportunity to gain share...and 2023 is a pivotal year that will establish the winners and losers in this EV landscape,” Wedbush tech analyst Dan Ives says amid the industry's price cuts.

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