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☆ Musk 'touched the third rail', investor frustration reaching boiling point: Wedbush's Dan Ives
▼ + stars: | 2023-11-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMusk 'touched the third rail', investor frustration reaching boiling point: Wedbush's Dan IvesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Wedbush's Dan Ives, Brian Sullivan, “ Organizations: CNBC

☆ Amtrak Train Derails in Michigan After Striking Vehicle on Tracks
▼ + stars: | 2023-11-17 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

An Amtrak passenger train carrying more than 200 passengers derailed in Michigan on Thursday night after striking a vehicle on the tracks; there were no immediate reports of injuries, the national railroad company said. Amtrak said the accident happened about 10 p.m. near New Buffalo, Mich., a township near Lake Michigan, about an hour east of Chicago. The train, with six crew members and an estimated 218 passengers aboard, had been traveling west to Chicago from Pontiac, Mich., and remained upright after the derailment, the company said. A police dispatcher for Berrien County, where New Buffalo is located, declined to comment. Experts say derailments usually happen when a train takes a turn too fast — one reason that automatic-braking technology has been installed on many passenger railroads across the United States in recent years.

Organizations: Amtrak Locations: Michigan, New Buffalo, Mich, Lake Michigan, Chicago, Pontiac, Berrien County, United States

☆ Tesla won't sue you for reselling your Cybertruck after all
▼ + stars: | 2023-11-14 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

The Tesla Cybertruck will finally hit the market at the end of the month. The trapezoidal truck has garnered controversy since its 2019 reveal. An unusual resale clause appears to have been removed from Tesla's terms and conditions for the forthcoming vehicle. Previously, in a section titled "For Cybertruck Only," Tesla's Motor Vehicle Order Agreement said the company could sue for $50,000 if you sold your Cybertruck within the first year of ownership. AdvertisementThe trapezoidal truck has garnered lots of attention and polarized car enthusiasts since its 2019 reveal.

Persons: Tesla, —, Dan Ives, Elon Musk, Ives Organizations: Service, Bloomberg Radio

☆ The new tech bull market has begun, says Wedbush Securities' Dan Ives
▼ + stars: | 2023-11-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe new tech bull market has begun, says Wedbush Securities' Dan IvesDan Ives, Wedbush Securities, joins 'Squawk on the Street' to discuss Ives' tech predictions for next year, what the AWS events could do for the stock, and much more.

Persons: Dan Ives Dan Ives Organizations: Wedbush Securities, Ives

☆ Watch CNBC's full interview with Wedbush's Dan Ives
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wedbush's Dan IvesDan Ives, Wedbush managing director, joins 'Fast Money' to talk his bullish position on Tesla.

Persons: Wedbush's Dan Ives Dan Ives, Wedbush

☆ 35 Years After Its Debut, Tracy Chapman’s ‘Fast Car’ Wins a Song of the Year Award
▼ + stars: | 2023-11-09 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

Tracy Chapman won song of the year at the Country Music Awards on Wednesday for “Fast Car,” a folk ballad that topped the country charts more than three decades after it was first released thanks to a cover by the singer Luke Combs. Chapman, 59, is the first Black songwriter to win that award, Rolling Stone Magazine reported. She did not attend the awards ceremony in Nashville but thanked the crowd in a statement that was read onstage by Sarah Evans, a co-presenter of the award. “It’s truly an honor for my song to be newly recognized after 35 years of its debut,” Chapman’s statement said. “Thank you to the C.M.A.s and a special thanks to Luke and all of the fans of ‘Fast Car.’”Combs, an unassuming star known for his irrepressibly catchy and relatable country anthems, also won single of the year for “Fast Car.” He began his acceptance speech on Wednesday by thanking Chapman for writing “one of the best songs of all time.”

Persons: Tracy Chapman, Luke Combs, Chapman, Sarah Evans, “ It’s, ”, Luke, ’ ” Combs Organizations: Country, Stone Magazine, “ Locations: Nashville

☆ Tesla super bull Dan Ives on why he believes a nearly 50% rally is ahead
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla super bull Dan Ives on why he believes a nearly 50% rally is aheadDan Ives, Wedbush managing director, joins 'Fast Money' to talk his bullish position on Tesla.

Persons: Dan Ives, Wedbush

☆ Tech stocks are in the beginning stage of the next bull market and will jump another 12% this year, Wedbush's Dan Ives says
▼ + stars: | 2023-11-08 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Tech stocks are in a bull market and could jump another 10%-12% by year-end, Wedbush's Dan Ives said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementTech stocks are in the early stages of a bull market, and the sector is primed to stage a big rally by the end of this year, according to Wedbush's Dan Ives. That's recreating a "1995 moment" for the tech sector, the year the internet started to transform the space, Ives previously said. "We believe this is the beginning of the next tech bull market.

Persons: Wedbush's Dan Ives, —, Ives, Richard Bernstein Organizations: Nasdaq, Service, Tech, Microsoft, CNBC, Richard Bernstein Advisors Locations: Gibraltar

Three weeks ago, the view from Iwo Jima showed open ocean. Now there’s a tiny new island right offshore, billowing smoke as it grows and offering a rare glimpse at how volcanic islands emerge. The new island is the product of an unnamed undersea volcano that began erupting on Oct. 21, less than a mile from Iwo Jima, the island in Japan where American and Japanese forces waged a fierce battle during World War II. No injuries or damages have been reported on Iwo Jima, hundreds of miles from Tokyo in the Pacific Ocean, since the ongoing eruption began. The eruption is offering an eye-opening real-time view of a rare geological phenomenon.

Persons: Yuji Usui Organizations: Japan Meteorological Agency Locations: Iwo Jima, Japan, Tokyo

☆ This is going to be a tech bull market going into next year, says Wedbush's Dan Ives
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is going to be a tech bull market going into next year, says Wedbush's Dan IvesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Wedbush's Dan Ives, Brian Sullivan, “ Organizations: CNBC

☆ California Boat Captain Convicted of Manslaughter in Fire That Killed 34
▼ + stars: | 2023-11-07 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

The captain of a dive boat that caught fire off the coast of Southern California in 2019, killing all 33 passengers and one of its six crew members, was found guilty by a federal jury on Monday on one count of an offense known as “seaman’s manslaughter.”When the commercial scuba diving vessel, the Conception, caught fire in a harbor near Santa Cruz Island early on the morning of Sept. 2, 2019, all the passengers were sleeping below deck. Prosecutors say the captain, Jerry Nehl Boylan, successfully escaped, along with four members of the crew, without trying to help them. Mr. Boylan failed to carry out his duties as a ship officer in part by “failing to perform any lifesaving or firefighting activities whatsoever at the time of the fire, even though he was uninjured,” the United States Attorney’s Office for the Central District of California said in a news release on Monday that announced the conviction. A sentencing hearing is scheduled for February, the release said. Mr. Boylan could face up to 10 years in prison.

Persons: ”, Jerry Nehl Boylan, Boylan Organizations: Prosecutors, United States Attorney’s Office, Central, Central District of Locations: Southern California, Santa Cruz, United, Central District, Central District of California

☆ Apple ticks lower after warning of dull holiday quarter
▼ + stars: | 2023-11-03 | by ( Aditya Soni | ) www.reuters.com time to read: +2 min

Nov 3 (Reuters) - Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a U.S. jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The iPhone maker on Thursday forecast sales for the holiday quarter, usually its biggest, below Wall Street estimates, blaming weak demand for iPads and wearables. An Apple iPhone 12 is pictured in a mobile phone store in Nantes, France, Sept. 13, 2023. "We view management's flat sales guidance as proof the company cannot rely on iPhone sales to drive shares higher, as it has in the past," D.A. "In mainland China, we set a quarterly record for the September quarter for iPhone," Cook told Reuters.

Persons: Bernstein, Stephane Mahe, D.A, Davidson, Tom Forte, Tim Cook, Apple, Cook, Dan Ives, Aditya Soni, Shounak Dasgupta Organizations: Apple, Federal Reserve, U.S . National Retail Federation, Deloitte, REUTERS, Huawei, Reuters, Wedbush Securities, Thomson Locations: Nantes, France, China

☆ Apple tumbles after warning of dull holiday quarter
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

Nov 3 (Reuters) - Apple fell 3% on Friday after it disappointed Wall Street with a forecast that indicated growth will stay subdued in the quarter where the holiday season usually drives its strongest sales. The iPhone maker on Thursday predicted quarterly sales that were below market estimates, blaming weak demand for iPads and wearables, especially in key market China. "We view management's flat sales guidance as proof the company cannot rely on iPhone sales to drive shares higher, as it has in the past," D.A. "In mainland China, we set a quarterly record for the September quarter for iPhone," Cook told Reuters. He was also positive on the outlook for the services business, whose strong growth in the September quarter had helped the company top quarterly revenue expectations.

Persons: Bernstein, D.A, Davidson, Tom Forte, Tim Cook, Apple, Cook, Dan Ives, Aditya Soni, Shounak Dasgupta Organizations: Apple, U.S . National Retail Federation, Deloitte, Huawei, Reuters, Wedbush Securities, Thomson Locations: China

☆ Apple issues cautious revenue outlook for the holiday quarter. How to play the stock now
▼ + stars: | 2023-11-03 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple issues cautious revenue outlook for the holiday quarter. How to play the stock nowJim Cramer, Wamsi Mohan of Bank of America Securities, Toni Sacconaghi of Bernstein and Dan Ives of Wedbush Securities discussed Apple after the company reported fiscal fourth-quarter earnings Thursday and its fourth straight quarter of declining sales.

Persons: Jim Cramer, Wamsi Mohan, Toni Sacconaghi, Bernstein, Dan Ives Organizations: Bank of America Securities, Wedbush Securities, Apple

☆ Apple's core business is intact, says Wedbush's Dan Ives
▼ + stars: | 2023-11-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's core business is intact, says Wedbush's Dan IvesDan Ives, Wedbush Securities, joins 'Squawk on the Street' to discuss why he is still a buyer of Apple's stock, the growth investors were looking for in the next quarter, and more.

Persons: Wedbush's Dan Ives Dan Ives Organizations: Wedbush Securities

☆ Jeff Bezos Says He Is Leaving Seattle for Miami
▼ + stars: | 2023-11-03 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

Jeff Bezos, who founded Amazon out of his Seattle garage in 1994 and plowed billions of dollars into transforming the city into a tech boomtown, said on Thursday that he was leaving his home of three decades and moving to Miami. Mr. Bezos, 59, announced his move in an Instagram post on Thursday night. He said his parents had recently moved back to Miami, where he attended high school, and that he wanted to be closer to them and to his partner, Lauren Sanchez. Bloomberg News reported last month that Mr. Bezos had purchased a mansion in South Florida for $79 million, a few months after buying a neighboring one for $68 million. Mr. Bezos is worth $161 billion, making him the world’s third-richest person, according to Bloomberg.

Persons: Jeff Bezos, Bezos, Lauren Sanchez Organizations: Seattle, Bloomberg News, Bloomberg Locations: Miami, Cape Canaveral, Fla, South Florida

☆ Wedbush's Dan Ives on Apple: This is a golden opportunity to own the stock for the next year
▼ + stars: | 2023-11-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWedbush's Dan Ives on Apple: This is a golden opportunity to own the stock for the next yearDan Ives, Wedbush Securities analyst, Joe Terranova, Virtus Investment Partners chief market strategist, and Malcolm Ethridge, CIC Wealth Executive Vice Presiden, join 'Closing Bell' to discuss Apple ahead of the mega-cap reporting earnings after the bell and the broader markets.

Persons: Dan Ives, Joe Terranova, Malcolm Ethridge Organizations: Apple, Wedbush Securities, Virtus Investment Partners

☆ Watch CNBC's full interview with Wedbush's Dan Ives, Virtus Investment's Joe Terranova and CIC Wealth's Malcolm Ethridge
▼ + stars: | 2023-11-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wedbush's Dan Ives, Virtus Investment's Joe Terranova and CIC Wealth's Malcolm EthridgeDan Ives, Wedbush Securities analyst, Joe Terranova, Virtus Investment Partners chief market strategist, and Malcolm Ethridge, CIC Wealth Executive Vice Presiden, join 'Closing Bell' to discuss Apple ahead of the mega-cap reporting earnings after the bell and the broader markets.

Persons: Wedbush's Dan Ives, Virtus Investment's Joe Terranova, Malcolm Ethridge Dan Ives, Joe Terranova, Malcolm Ethridge Organizations: Virtus Investment's, Wedbush Securities, Virtus Investment Partners, Apple

☆ Ady Barkan, Health Care Activist, Dies at 39
▼ + stars: | 2023-11-02 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

Like so many of you, I have experienced the ways our health care system is fundamentally broken: enormous costs, denied claims, dehumanizing treatment when we are most in need. Today we are witnessing the tragic consequences of our failing health care system. Everyone living in America should get the health care they need, regardless of their employment status or ability to pay. Even during this terrible crisis, Donald Trump and Republican politicians are trying to take away millions of people’s health insurance. And then, with a compassionate and intelligent president, we must act together and put on his desk a bill that guarantees us all the health care we deserve.

Persons: Ady Barkan, Donald Trump, —, Joe Biden Organizations: Republican Locations: America

☆ How Apple's thinking about AI spending and deployment differs from Big Tech rivals
▼ + stars: | 2023-11-01 | by ( Bob Woods | ) www.cnbc.com time to read: +9 min

And, of course, we've been doing research across a wide range of AI technologies, including generative AI, for years," he said. The upgraded camera uses machine-learning AI to tell the difference between a person and an animal in the frame. Laura Martin, a tech analyst at Needham, is among those who say Apple is "far behind" its big tech rivals. The early edge in generative AI is paying off for rivals, as was evidenced by Microsoft's recent earnings report. "We believe they are on the cusp of what will be the introduction of an AI App Store over the next year," he said.

Persons: Brendan Burke, That's, Tim Cook, Cook, we've, Siri, Apple, it's, Laura Martin, Martin, I'm, Ives, that's, what's, OpenAI, Google's Bard, Burke, Claude Organizations: Apple, Microsoft, Google, Vision Pro, Amazon Web Services, Bloomberg, Meta, Financial Times Locations: Cupertino, California, Seattle, Paris, Beijing, Anthropic

☆ Tropical Storm Pilar Kills at Least 2 in El Salvador
▼ + stars: | 2023-11-01 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

Heavy rains linked to Tropical Storm Pilar have caused at least two deaths in El Salvador, officials said, as parts of Central America faced heavy flooding on Tuesday night. Its center was about 125 miles south of San Salvador, the Salvadoran capital, and 210 miles west of Managua, the capital of Nicaragua, on Tuesday night. Tropical storm watches are in effect for the Pacific coasts of Nicaragua and Honduras. That means tropical storm conditions are possible within the next 12 to 24 hours. The U.S. Hurricane Center said that the storm was drifting north and expected to begin moving west, farther into the Pacific Ocean, on Wednesday.

Persons: Storm Pilar, Pilar Organizations: Central America, Associated Press, National Hurricane Center of, U.S . Hurricane Center Locations: El Salvador, Central, United States, San Salvador, Salvadoran, Managua, Nicaragua, Pacific, Honduras, U.S

☆ Is Meta a buy after the brutal tech sell-off? Here's what the pros are saying
▼ + stars: | 2023-10-31 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +4 min

Both Meta Platforms and Alphabet saw their shares caught up in a broad tech sell-off last week — but several analysts remain bullish. On Meta, concerns emerged last week following CFO Susan Li's comments on the advertising market in the fourth quarter. META YTD mountain Year-to-date share price movement in Meta Year-to-date, shares in Meta are up over 150% higher. Morgan Stanley views Meta as one of the companies best positioned to weather the volatility in the tech sector. We would be buying the pullback in Meta shares" in an Oct. 26 note.

Persons: Susan Li's, Dan Ives, CNBC's, He's, it's, Meta, Ives, Meta they're, pricings, Mark, Zuckerberg, Morgan Stanley, —, Jonathan Vanian, Michael Bloom Organizations: Facebook, Meta, Wedbush Securities, Labs, JPMorgan, Baird Equity Research Locations: Meta

Customers might assume that nonunion automakers, like Toyota, Tesla or Hyundai-Kia, will now be able to price their vehicles well below what the Detroit automakers can. “When the dust settles from this UAW debacle, the Detroit auto stalwarts find themselves with a bigger cost profile with competition increasing," said Dan Ives, an analyst at Wedbush. That means that competition for buyers is intensifying as pent-up demand from the pandemic wanes, making it difficult for any automaker to raise prices. But if the Detroit companies report lower income, Wall Street will register its disappointment, and stock prices could fall. “You either raise your labor costs to meet what the UAW is getting or you risk the unionization drive.”

Persons: Stellantis, ”, Jonathan Smoke, pare, Dan Ives, Natalie Knight, Ram, Knight, Smoke, Shawn Fain, Fain, Art Wheaton, wouldn’t, Wheaton, Tesla, ” Wheaton Organizations: DETROIT, United Auto Workers, Detroit’s, General Motors, Ford, Toyota, Hyundai, Kia, Detroit, GM, Cox Automotive, UAW, Chrysler, Jeep, Cox, automakers, Detroit automakers, Cornell University, U.S Locations: United States, U.S, Stellantis, Detroit

☆ Aaron Spears, Drummer for Usher and Other Stars, Dies at 47
▼ + stars: | 2023-10-31 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

Aaron Spears, a Grammy-nominated drummer who played with Usher, Ariana Grande and many other major pop stars, has died. The statement did not provide details about other survivors or specify a time, place or cause of death. Representatives for Spears could not immediately be reached for comment late Monday night. In 2004, he earned a Grammy nomination as a producer for Usher’s album “Confessions,” which sold more than 15 million copies worldwide. Over the years, Spears also played with Grande, Lil Wayne and Lady Gaga, among many other artists, and performed several times on the show “Late Night with Seth Meyers.”

Persons: Aaron Spears, Usher, Ariana Grande, Jessica, Spears, James Brown’s, Lil Wayne, Lady Gaga, Seth Meyers, ” Organizations: Grande

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. The GM workers will return to work after an official announcement of the deal, two sources said. Ford shares fell 2% while Stellantis shares were down 1.5% in Milan. Excluding Monday's share moves, GM and Ford shares have lost roughly a fifth of their value since the strike began while Stellantis shares have fallen 1%. "The Street is glad to have this UAW nightmare in the rear view mirror with a less onerous deal than originally feared for the Detroit Big 3," Wedbush analyst Daniel Ives said.

Persons: Rebecca Cook, Stellantis, Patrick Anderson, Shawn Fain, Fain, Joe Biden, Biden, Tesla, Ford, Erik Gordon, Daniel Ives, David Shepardson, Joseph White, Shivansh Tiwary, Deepa Babington, David Gaffen, Peter Henderson, Alistair Bell Organizations: General Motors, REUTERS, Detroit, United Auto Workers, UAW, Reuters, Detroit Three automakers, Ford Motor, Chrysler, Anderson Economic Group, GM, Ford, Democratic, Detroit Three, Detroit automakers, EV, Toyota, University of Michigan, Kentucky, Detroit Big, Thomson Locations: Detroit , Michigan, U.S, Detroit, Milan, Arlington , Texas, Tahoe, Sterling Heights , Michigan, Hill, Tenn, Washington

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