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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla will eventually be a market cap 'north of $1 trillion' every 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
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis will be an AI-driven super cycle for Apple, says Wedbush's Dan IvesDan Ives, Wedbush Securities managing director of equity research, joins 'Closing Bell' to discuss his takeaways from Apple's WWDC event.
Persons: Wedbush's Dan Ives Dan Ives Organizations: Apple, Wedbush Securities Locations: Apple's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Wedbush's Dan Ives is staying bullish on Salesforce despite first revenue miss since 2006Dan Ives, Managing Director of Equity Research at Wedbush, discusses Salesforce's stock plunge following its first revenue miss since 2006.
Persons: Dan Ives Organizations: Equity Research, Wedbush
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 and Gerber Kawasaki's Ross GerberHosted 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, Gerber Kawasaki's Ross Gerber, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The party is just getting started' for AI: Wedbush's Dan Ives following Nvidia's blowout earningsHosted 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
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple is about to have a renaissance of growth, says Wedbush's Dan IvesDan Ives, Wedbush, joins 'Closing Bell' to discuss Microsoft and Apple following the former's event today and its build conference this week.
Persons: Wedbush's Dan Ives Dan Ives Organizations: Microsoft, Apple
Apple looks kind of ridiculous right now
  + stars: | 2024-05-15 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +3 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Apple, though, has kept pretty quiet about its own AI ambitions so far — and it's increasingly obvious. "The buzz around AI, and specifically GenAI, has been so deafening that Apple is noticeable by omission," Dipanjan Chatterjee, vice president and principal analyst at Forrester, told Business Insider. Still, if the rumors about OpenAI or Gemini iPhone integration are true, this week's "strong announcements actually would bode well for Apple," William Kerwin, an analyst at Morningstar, said. AdvertisementThe analyst told BI that the new iPad rollout is simply an "appetizer to the real meat and potatoes" of Apple's AI strategy, expected to be announced at the WWDC in June.
Persons: , Sam Altman's, Google's, Dipanjan Chatterjee, Forrester, Chatterjee, Gene Munster, it'd, Apple's, bode, William Kerwin, Siri, Dan Ives Organizations: Service, Big Tech, Business, Apple, Conference, Google, Deepwater Asset Management, Morningstar, Microsoft
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle still doesn't have an answer to Apple's AI-potential, says Wedbush's Dan IvesDan Ives, Wedbush, joins 'Power Lunch' to discuss the latest announcements from Google's i/O event and what it means for the stock and position in the AI mega cap sector.
Persons: Wedbush's Dan Ives Dan Ives
The Biden administration is set to raise tariffs on China EVs from 25% to roughly 100%. Wedbush's Dan Ives told Bloomberg on Friday that China is very likely to retaliate against the move. Ives said rising competition from cheap Chinese EVs would pose risks to the US domestic EV market. AdvertisementChina is likely to retaliate against the move by President Joe Biden's administration to impose new tariffs on electric vehicles from China, says Wedbush's analyst Dan Ives. Legacy automakers would also take a hit given their large bets on EVs, so the tariffs would protect the Detroit car companies as well as Tesla.
Persons: Biden, Wedbush's Dan Ives, Ives, , Joe Biden's, Dan Ives, Tesla Organizations: Bloomberg, EV, Service, Street, Detroit Locations: China, Nio
The AI revolution is just starting, says Wedbush's Dan Ives
  + stars: | 2024-05-08 | 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 AI revolution is just starting, 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
Apple: Here's why Wedbush's Dan Ives is bullish on the stock
  + stars: | 2024-05-03 | 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: Here's why Wedbush's Dan Ives is bullish on the stockDan Ives, Wedbush Securities managing director, joins 'Squawk on the Street' to discuss Ives' overall thoughts on Apple's performance in China, when the company will see growth in China, and how vital Apple's next announcement will be.
Persons: Wedbush's Dan Ives, Dan Ives, Ives Organizations: Wedbush Securities Locations: China
Tim Cook has said major AI announcements are coming. Analysts are hoping Apple's AI strategy can boost slumping iPhone sales. Wedbush's Dan Ives said Apple's AI efforts are set to drive a "supercycle" starting with the iPhone 16. Analysts pushed the Apple CEO to talk about its upcoming generative AI announcements on Thursday's earnings call — with very little success. Cook continued to keep a tight lid on all things AI, merely teasing big AI announcements in the "coming weeks."
Persons: Tim Cook, Wedbush's Dan Ives, , Cook Organizations: Service, Apple, Business
Tesla's stock price jumped 10% in Monday's premarket as traders reacted to Elon Musk's China trip. Musk seems to have won key support for rolling out Tesla's autonomous driving technology in China. The Wall Street Journal reported that China's government had signaled to Musk that it would support Tesla's full self-driving rollout. Signs of slowing demand in China have dragged on Tesla's stock price in recent months, although shares rallied last week after Musk's company said it planned to launch cheaper models in 2025. "Musk winning FSD approval in the key China market is a watershed moment for the Tesla story in our view," Ives said in a note seen by BI.
Persons: Wedbush's Dan Ives, , Tesla, Elon Musk, Premier Li Qiang, Dan Ives, Ives Organizations: Service, Tesla, Baidu, Bloomberg, Premier, Street Journal, BI Locations: Monday's premarket, Elon Musk's China, China, Beijing
Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations. On Thursday, just off the heels of Meta's mixed first-quarter results that caused a dip on Wall Street, Microsoft and Alphabet just proved that there's money to be made off of artificial intelligence. However, the executive also made sure to highlight the contributions of Google Cloud, which now comes with generative AI services through Google's AI model, Gemini. Investors appeared pleased with Microsoft's and Alphabet's quarterly performance, which gave the companies a stock surge, as Wall Street continues to nurse a hangover from Meta's first-quarter report. "They have a goldmine of AI engineers and data, and now they're starting to monetize it," Ives said of Alphabet and Microsoft.
Persons: Wedbush's Dan Ives, , Meta's, Sundar Pichai, Mercedes, Pichai, Ruth Porat, Satya Nadella's, Nadella, Microsoft's, Dan Ives, Ives Organizations: Microsoft, CNBC, Service, Google, Bayer, Cintas, Mercedes Benz, Walmart
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Virtus’ Joe Terranova, Fundstrat’s Tom Lee and Wedbush's Dan IvesVirtus’ Joe Terranova, Fundstrat’s Tom Lee and Wedbush's Dan Ives, join 'Closing Bell' to discuss whether markets have hit a landing, earnings, inflation and the Fed.
Persons: Virtus ’ Joe Terranova, Fundstrat’s Tom Lee, Wedbush's Dan Ives, Joe Terranova Organizations: Virtus ’, Wedbush's Dan Ives Virtus
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet bulls will 'sleep well at night with this quarter,' says Wedbush's Dan IvesDan Ives, Wedbush Securities Managing Director, joins 'Closing Bell Overtime' to talk Alphabet earnings, the response to Big Tech earnings so far, what's ahead for the sector and more.
Persons: Wedbush's Dan Ives Dan Ives Organizations: Wedbush Securities, Big Tech
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview on Tesla earnings with Wedbush's Dan Ives and Gerber Kawasaki's Ross GerberHosted 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, Gerber Kawasaki's Ross Gerber, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShelving Model 2 for Robotaxi could be a gamble that defines Tesla, says Wedbush's Dan IvesDan Ives, Wedbush Securities managing director, joins 'Squawk on the Street' to discuss why Ives believes shelving Tesla's Model 2 for Robotaxi would be a considerable gamble, what would be a disaster of epic proportions, and more.
Persons: Wedbush's Dan Ives Dan Ives, Ives Organizations: Wedbush Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is a 'fork in the road' period for Musk and Tesla, 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
The bank reports $1.26 in earnings per share vs. $1.11 expected. A round of price target increases on Constellation Brands after its strong quarter and upside guide Thursday. Following the release and conference call, we reiterated our buy-equivalent 1 rating on shares and raised our price target to $300 from $270. A couple more price target cuts on Tesla . BMO starts coverage on the Novo Nordisk shares with a buy-equivalent outperform rating and a $163 per share price target.
Persons: Wells Fargo, Jefferies, Rosenblatt, Wells, Wedbush's Dan Ives, robotaxi, Eli Lilly, Jim Cramer's, Jim Cramer, Jim Organizations: Bank, JPMorgan, Citigroup, Constellation Brands, BMO, Devices, Arista Networks, Citi, EV, Boeing, Novo Nordisk, Jim Cramer's Charitable, CNBC Locations: China, Tesla, Wells Fargo
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle's Arm-based chip is a 'flexing the muscles' moment, says Wedbush's Dan IvesDan Ives, Wedbush Sr. Equity Research Analyst, joins 'Closing Bell Overtime' to discuss Google's new Arm-based chip, Alphabet hitting record highs, Apple's recent performance and more.
Persons: Wedbush's Dan Ives Dan Ives, Wedbush Organizations: Equity Research
Disappointing investors Tesla's inability to meet estimates and boost demand for its models has spurrred the newfound skepticism. The comments from Wood came one day after her firm purchased nearly $40 million worth of Tesla shares. A lack of investor understanding of the value of these alternative businesses and their future contribution to Tesla profits is plaguing Tesla shares, according to Corestone Capital's Will McDonough. TSLA 1Y mountain Tesla shares over the last year "Valuing Tesla as a car company is akin to valuing Amazon as a book sale company," the investor said. "There are definitely concerns in the marketplace around demand" for Tesla vehicles, said Robert W. Baird senior research analyst Ben Kallo.
Persons: Tesla, Morgan Stanley, Adam Jonas, Wedbush's Dan Ives, Ives, Michael Sansoterra, Tim Pagliara, EVs, Sansoterra, that's, CNBC's Andrew Ross Sorkin, Cathie Wood, Wood, Brad Gerstner, Elon Musk, Corestone Capital's Will McDonough, Robert W, Baird, Ben Kallo, We're Organizations: Elon, Silvant Capital Management, Wall, Motors, Ford, Toyota, Silvant, Ark Investment Locations: U.S, China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple's recently announced foray into developing home robots could end up being a "horror show" for the company, according to Wedbush analyst Dan Ives. Ives thinks such a shift would be detrimental to Apple, which should instead be primarily focused on leaning into artificial intelligence. Even amid his concern around Apple's home robots, Ives remains bullish on the company's stock trajectory over the medium-term. But that projection hinges on Apple continuing to put its AI at the forefront of its priorities, the analysts suggested.
Persons: , Dan Ives, Ives, Cook, Gene Munster, Munster, Apple Organizations: Service, CNBC, Bloomberg, Apple, Business, Department of Justice Locations: China, Cupertino
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple would be a 'horror show' if it 'actually spent money on robots', 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
Elon Musk could turn around Tesla's 'trainwreck into a brick wall," Wedbush's Dan Ives said. But better days ahead will hinge on Musk reining in his distractions and retaking control, Ives said. AdvertisementTesla may be able to turn things around after seeing a "nightmare" first quarter, according to Wedbush's Dan Ives. That's made the first quarter an "unmitigated disaster" for Tesla, Ives said in a recent note, also describing the last quarter as a "black eye" and a "trainwreck into a brick wall" for Tesla. In terms of 1Q, this was just a massively soft quarter," Ives said to BNN Bloomberg on Wednesday.
Persons: Elon, Wedbush's Dan Ives, Tesla, Ives, , That's, We've, BNN, It's, Elon Musk's, Musk, Wedbush, Wells Organizations: Service, Tesla, BNN Bloomberg, Elon, JPMorgan Locations: China, Texas, Delaware, Wells Fargo
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