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The Latest Breaking News from Wedbush

Nike Stock Sinks on Dismal Sales Forecast: What to Know

Nike stock is spiraling Friday after the athletic and apparel retailer missed sales estimates for its most recent quarter and lowered its outlook for its new fiscal year.

Kiplinger · Jun 28, 2024

Rivian Stock is Red-Hot on $5 Billion Volkswagen Team Up

Rivian stock is surging after news broke that Volkswagen Group will invest a total of $5 billion into the EV maker. Here's what you need to know.

Kiplinger · Jun 26, 2024

Apple Shuts Down Buy Now, Pay Later Service in the U.S.

Apple is ending its Apple Pay Later service but will still offer users access to installment loans. Here's what you need to know.

Kiplinger · Jun 18, 2024

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Lennar Stock Falls On Soft Deliveries Outlook: What To Know

Lennar beat analysts' expectations for its fiscal second quarter but said it expects lower-than-anticipated deliveries in Q3. Here's what you need to know.

Kiplinger · Jun 18, 2024

Apple's WWDC 2024 Kicks Off Today: What To Watch For

Apple's annual Worldwide Developers Conference begins today and runs through Thursday. Here's what you can expect to see from the tech giant.

Kiplinger · Jun 10, 2024

This Penny Stock Insider Just Invested $2.35M

The article examines the recent $2.35 million insider buy made by WOOF director Cameron Breitner following the company’s positive earnings report. Let’s delve into the implications of this insider activity, analyzing potential market sentiment shifts and the stock’s attractiveness as an investment opportunity.

Barchart · Jun 6, 2024

Nvidia Wows With Earnings, Stock Split and Dividend Hike

Nvidia gave investors plenty to cheer about in its first-quarter earnings release and its stock is soared as a result. Here's what you need to know.

Kiplinger · May 23, 2024

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1 Growth Stock Under $10 to Buy and Hold

Amidst the DEA's anticipated rescheduling of marijuana, Curaleaf Holdings emerges as a compelling growth stock under $10, buoyed by strategic expansions, regulatory tailwinds, and bullish analyst forecasts in the flourishing cannabis industry.

Barchart · May 21, 2024

Take-Two Interactive Delays GTA 6 Release: What To Know

Take-Two Interactive stock is higher even after the video-game maker delayed the release of Grand Theft Auto VI. Here's what you need to know.

Kiplinger · May 17, 2024

Carvana Stock Surges on Surprise Profit

Carvana stock is rallying following a strong first-quarter earnings report. Here’s what you need to know.

Kiplinger · May 2, 2024

TikTok Ban Passes Ahead of Meta Earnings: What To Know

Lawmakers voted in favor of banning social media platform TikTok just ahead of rival Meta Platforms' earnings report.

Kiplinger · Apr 24, 2024

Why Tesla Stock Is Soaring After a Q1 Earnings Miss

Tesla came up short of analysts' expectations for its first quarter, yet its stock is roaring higher today. Here's why.

Kiplinger · Apr 24, 2024

Here's How High Wall Street Thinks Netflix Stock Can Rise

With the streaming giant up 24% this year already, is there more upside left for NFLX shares? Here's why one analyst recently hiked their price target, and Wall Street's biggest NFLX bull recently tempered their view.

Barchart · Mar 28, 2024

Microsoft is on the precipice of reaching its next 'iPhone moment' with AI affirming its status as the world's most valuable company ahead of Apple

Wedbush analyst Daniel Ives recently indicated that Microsoft is on the verge of hitting its iPhone moment with AI. He attributed this success to the rapid growth of the Azure cloud business and the integration of AI capabilities and Copilot across its products.

Windows Central · Mar 27, 2024

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Barchart · Mar 14, 2024

Here's How High Wall Street Thinks Palantir Stock Can Rise

Palantir stock has more than tripled in the last 12 months, making it quite expensive at the current valuation. Can the AI tech stock continue to surge in 2024?

Barchart · Mar 11, 2024

Up 182% YTD, Wedbush Predicts This AI Stock Will Surge Another 50%

Despite a sharp pullback post-earnings, analysts remain optimistic about SoundHound AI's growth prospects - and at least one Wall Street pro thinks the AI penny stock can rally more than 50% from current levels.

The Guardian - US · Jan 21, 2024

Big tech boom or bust? Experts see signs of strength after wave of layoffs

Even as more job cuts await, some analysts see the beginnings of a bull market in the coming season of earnings reports

Fortune · Jan 3, 2024

The use cases for AI at companies are ‘exploding globally,’ says a Wedbush analyst

A new survey finds that generative AI is a high priority within IT budgets this year, Dan Ives says.

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Fortune · Jan 2, 2024

2024 will be the ‘year of AI’ as tech stocks surge by (at least) 25%, top tech analyst Dan Ives predicts

A Wedbush AI survey shows Wall Street is “significantly underestimating how quickly this AI monetization cycle is playing out,” according to Ives.

Zenger · Nov 20, 2023

OpenAI’s Leadership Changes Send Shockwaves Through Microsoft

OpenAI shakeup rattles Microsoft: Analysts predict increased control but potential challenges from rivals

Zenger · Nov 16, 2023

Analysts Bullish On Microsoft’s AI Expansion, Predict Significant Revenue Boost From Copilot, Cloud Services

Wedbush analyst Daniel Ives maintained Microsoft Corp (NASDAQ: MSFT) stock with an Outperform and raised the price target from $400 to $425

Zenger · Nov 3, 2023

PayPal Q3 Is ‘All About’ New CEO’s Vision: 5 Analysts Explore Earnings, Prospects

Shares of PayPal Holdings Inc (NASDAQ: PYPL) rose in early trading on Thursday, after the company reported its third-quarter (Q3) results

Fortune · Oct 18, 2023

3 areas Tesla’s new CFO must prioritize, according to Wedbush tech analyst Dan Ives

Investors want to know if Vaibhav Taneja, who succeeded Zachary Kirkhorn as CFO, can deliver, Ives says.

Barchart · Sep 25, 2023

Stocks Recover Early Losses on Soft Landing Optimism for the U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.46%. Stocks on Monday recovered from early losses and...

Barchart · Sep 25, 2023

Stocks Mixed as Global Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq ($IUXX ) (QQQ ) is up +0.26%. Stocks are mixed, with the S&P 500 earlier in the day falling to a 3-1/2 month...

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