The Latest Breaking News from Wedbush

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.

InsideEVs · Apr 4, 2023

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

Zenger · Mar 26, 2023

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,…

StockNews.com · Mar 6, 2023

Tesla Price Cuts The "Right Medicine At The Right Time:" Analyst

Wedbush analyst Dan Ives argued that lowering prices was the correct strategic move for Tesla, while Guggenheim Securities said it sacrifices gross margins.

InsideEVs · Jan 16, 2023

There’s a brewing ‘A.I. arms race’ and Microsoft’s ChatGPT play is ‘a potential game changer,’ Wedbush’s Dan Ives says

Microsoft's proposed investment in OpenAI is a "smart poker move" as A.I. advances, Wedbush's top tech analyst argues.

Fortune · Jan 11, 2023

Tesla’s ‘Cinderella ride’ is over, and demand is ‘starting to crack,’ Wedbush’s Dan Ives says. Here’s what could come next

“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.

Fortune · Jan 3, 2023

'Time to end this nightmare': Tech analyst Dan Ives says Elon Musk’s time as Twitter CEO is likely over—and it’s great news for his other spiraling company

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.

Fortune · Dec 19, 2022

Elon Musk is using Tesla as his personal ‘ATM machine’ after cashing out another $3.5 billion in stock. It's a 'train wreck situation,’ Wedbush’s Dan Ives says.

“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."

Fortune · Dec 15, 2022

'The clock has struck midnight in China': Wedbush analyst Dan Ives says Apple needs a new plan after major iPhone supply chain disruptions

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

Fortune · Dec 5, 2022

Black Friday shoppers set for shortages of new iPhones because of supply issues

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

Daily Mirror · Nov 25, 2022