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The Latest Breaking News from Wedbush

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

Despite Tesla's 'category 5 hurricane,' top analyst remains devoted

'We believe the stock is way overshooting on the negative front,' the analyst says of Tesla.

The Street

Tech News Now: OpenAI says Musk contract 'never existed', Xiaomi's EV, and more

Here's all the tech news you need to know today.

The Street

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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.

Barchart

On Running Tumbles From Buy Point After Big Earnings Miss

Swiss shoemaker On Running missed estimates Tuesday with its first loss after two quarters of triple-digit gains. Shares dove from near a buy point.

Investors Business Daily

Analysts take another look at troubled NY bank

Here's what could happen to New York Community Bank's shares next.

The Street

Troubled NY bank stock soars on rescue plan led by key ex-U.S. official

Steven Mnuchin, former U.S. treasury secretary, says the bank took 'the appropriate actions to stabilize the company.'

The Street

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Analysts who predicted Celsius stock surge revamps target

Here's what could happen to Celsius Holdings shares next.

The Street

Analysts race for new Palo Alto Networks price targets as shares plunge

Palo Alto Networks has a new sales strategy. Analysts don't like it.

The Street

Hoka Maker Soars On Earnings, Outlook; Skechers Tumbles From Record Highs On Guidance

Hoka maker Deckers Outdoor soared to new all-time highs late Thursday on its earnings, outlook. Skechers dived from record levels on guidance.

Investors Business Daily

Tesla Bull Removes TSLA From 'Best Ideas' List Until Elon Musk Does These 10 Things

After Tesla suffered its worst one-day percentage loss in over a year, Wedbush analyst Dan Ives outlined several items for Elon Musk to address.

Investors Business Daily

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

The Guardian - US

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.

Fortune

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.

Fortune

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Investors Business Daily

DoorDash Reportedly Eyeing Expansion Opportunities Beyond Core U.S. Restaurant Business

After a big year for DASH stock, DoorDash will invest in expanding from its core business of U.S. restaurant delivery, its CEO told FT.

Investors Business Daily

DoorDash, IBD Stock Of The Day, Tests Key Level After Soaring 100% This Year

DoorDash is the IBD Stock of the Day for Thursday, as DASH stock is trading tightly near its 21-day line.

Investors Business Daily

Why Amazon, Meta And Uber Are This Analyst's 'Top Ideas' For 2024

Spending on e-commerce and digital ads will accelerate next year, Wedbush says, setting up strong years for Amazon and Meta.

Investors Business Daily

Amazon Stock Scores Bullish Price Target On Ad Business Potential

Wedbush analysts set a high target for Amazon stock, citing positive trends for its ad business.

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The Street

Dan Ives predicts big things for Tesla, Apple and ESPN in 2024

The Wedbush team released its top 10 predictions for 2024.

Investors Business Daily

Cybersecurity Stocks: Palo Alto Downgraded; Wedbush Hikes Price Targets

Raymond James downgraded Palo Alto Networks on Monday while Wedbush raised its price targets on PANW stock and a few other companies.

The Street

Wedbush's Dan Ives says Apple will be valued at $4 trillion next year

The analyst just boosted his price target on the tech giant's stock.

Investors Business Daily

Shopify Investor Day Draws Mixed Reviews From Analysts. Wedbush Downgrades SHOP.

Wedbush downgraded Shopify stock to neutral after the company's investor day won mixed reviews from Wall Street analysts.

The Street

Cybertruck to cost between $50k and $80k, Wedbush's Dan Ives says

Tesla has been mum on the sticker price for its highly anticipated EV pickup truck, but one analyst has an estimate for the cost.

Investors Business Daily

Booking Holdings Stock Shows Resilience After Revenge Travel Surge

Booking Holdings is the IBD Stock of the Day, as BKNG stock is showing resilience and forming a bullish cup with handle pattern.

Investors Business Daily

The Unexpected Depression Drug News That Sent Xenon Pharmaceuticals Soaring

Biotech stock Xenon rocketed Monday, after its experimental epilepsy drug unexpectedly showed promise in depression treatment.

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People

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