DIRS.INFO The most relevant business & tech news

☆ Here are the names reporting next week that have historically beaten estimates
▼ + stars: | 2024-07-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Next week marks the second full week of the season, with key names such as Alphabet , Amazon and Tesla set to report. Here's the list: Chipotle is one of the names that made the list. The stock has beaten consensus estimates nearly eight out of 10 times and rallied an average of 1.8% on earnings day. The firm sees Chipotle as being "well positioned" for both traffic momentum and sales outperformance through the rest of the year. As a result, the firm expects Deckers' first-quarter results for fiscal 2025 next week to likely be a "fairly modest raise."

Persons: Goldman Sachs, Morgan Stanley, Dennis Geiger, BofA, Brad Sills, Tom Nikic, Wedbush Organizations: Bank of America, CNBC Pro, UBS, Securities

☆ Palantir stock has 67% upside amid rapidly rising demand from big businesses for AI tools, Wedbush says
▼ + stars: | 2024-07-18 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Palantir stock is a top AI play that's undervalued by Wall Street, Wedbush analyst Dan Ives said. Ives pointed to deals with government agencies and businesses to back up his $50 per share bull case for 2025. AdvertisementPalantir Technologies is a top AI play and the stock could rocket to $50 a share next year, according to Wedbush Securities. Ives also pointed to Palantir's differentiated bootcamp strategy, which walks companies through how to use AI to optimize operations. Ives sees Palantir's success only growing as the projected $1 trillion in AI spending by corporations is felt in the market.

Persons: Dan Ives, Ives, Palantir, —, PLTR Organizations: Wall, Service, Wedbush Securities, US Army

☆ 11 top tech stocks to buy for up to 41% upside as strong Q2 earnings spark another major rally
▼ + stars: | 2024-07-17 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Few voices in markets have matched Ives' zeal for tech stocks in recent years. "The AI revolution is the strongest tech trend we've seen in 40 years," Ives said. "And anyone that thinks different will be proven wrong because the growth is so outsized in the tech sector." 11 tech stocks to buy nowWhile Wedbush is bullish about tech broadly, Ives and his colleagues are most excited about 11 stocks that are either exceptional tech giants or leading cybersecurity companies. Below are those 11 stocks along with the ticker, market capitalization, price target, and upside to that target for each.

Persons: —, Dan Ives, Ives, monetization Organizations: Service, Wedbush Securities, Business, Nvidia, Microsoft, Wall, Tech

☆ Why Apple hopefuls are so desperate to get a job there
▼ + stars: | 2024-07-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

Read previewLanding a corporate job at Apple is such a big deal for tech workers that some seek out career coaches to help get interviews. Apple is seen as a place where workers 'push boundaries'Apple positions itself as providing more than just a job. AdvertisementAs with its products, Apple has worked to brand itself as having a more playful and curious environment than its competitors. Related storiesEven Apple Park, the company's headquarters in Cupertino, California, has earned the nicknames "the spaceship" and "the ring" for its futuristic circular design. Another Apple hopeful posted that they were "getting desperate" for a job at the company and had applied for 60 jobs in one day.

Persons: —, Marc Cenedella, Steve Jobs, Cenedella, They've, Apple, Ehsan Farkhondeh, Arianny Mercedes, they'd, Theresa Park, Mercedes, Dan Ives, Apple's, Drew Evans, Evans Organizations: Service, Apple, Business, Wedbush Securities, American Express, Employees, Spotify, Apple Intelligence Locations: Silicon, Cloud, Cupertino , California

☆ Alphabet-Wiz deal is the tip of the iceberg in broader tidal wave of tech M&A, says Wedbush's Ives
▼ + stars: | 2024-07-15 | 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 EmailAlphabet-Wiz deal is the tip of the iceberg in broader tidal wave of tech M&A, says Wedbush's IvesDan Ives, Wedbush Securities analyst, joins 'Squawk on the Street' to discuss if the M&A landscape will change if former President Trump is reelected, cybersecurity for the cloud, and what explains Tesla's stock rebound.

Persons: Wedbush's Ives Dan Ives, Trump, cybersecurity Organizations: Wedbush Securities

☆ Wall Street's renewed bullishness on Apple stock is all about the iPhone 16
▼ + stars: | 2024-07-11 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Bank of America increased its price objective for Apple stock in a note on Thursday. The bank highlighted the next iPhone upgrade as the key to taking Apple stock higher. The AI system is known "Apple Intelligence," and can only be accessed on Apple models 15 and older. AdvertisementBut the iPhone 16's features aren't the only catalyst — there's pent up demand for a new model, Wedbush said, estimating that 270 million iPhone users have not upgraded their devices in four years. Preference for Apple increased above other smartphone brands.

Persons: —, Siri, BofA, Wedbush Organizations: Bank of America, Apple, Service, . Bank of America, Apple Intelligence, Wedbush Securities, Huawei Locations: China, Mar

☆ Election deepfakes could undermine institutional credibility, Moody's warns
▼ + stars: | 2024-07-10 | by ( Michelle Castillo | ) www.cnbc.com time to read: +7 min

A new report from Moody's on Wednesday warns that generative AI and deepfakes are among the election integrity issues that could present a risk to U.S. institutional credibility. In a letter to Rosenworcel, it encouraged the FCC to delay its decision until after the elections because its changes would not be mandatory across digital political ads. Some social media platforms have already self-adopted some sort of AI disclosure ahead of regulations. Google requires all political ads with modified content that "inauthentically depicts real or realistic-looking people or events" to have disclosures, but doesn't require AI disclosures on all political ads. Thirteen states have laws on election interference and deepfakes, eight of which were enacted since January.

Persons: Gregory Sobel, William Foster, Jessica Rosenworcel, Dan Ives, Ives, Tony Adams, Moody's, Abhi Srivastava, Secureworks, Adams, they've Organizations: Federal Communications, FCC, Federal, Commission, Wedbush Securities, Meta, Google, Facebook, Unit, United Nations Locations: Moody's, New Hampshire

☆ Apple stock has 17% upside because the AI revolution will have to run through its hardware, Wedbush says
▼ + stars: | 2024-07-08 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Apple's upcoming AI upgrade will trigger a surge of app interest, Wedbush Securities said. Its new Apple Intelligence will make the firm the "gatekeeper" of AI customers, the note said. Meanwhile, the iPhone 16 upgrade will prompt an upgrade cycle this fall. Encouraging the outlook is an improving demand in China, and an iPhone growth turnaround will likely begin by September, he said. The "massive" upgrade cycle puts Apple on route to a $4 trillion market capitalization.

Persons: —, Dan Ives, Ives, Steve Eisman Organizations: Wedbush Securities, Apple Intelligence, Service, Apple, Worldwide, Conference, Google, Ives, CNBC Locations: that's, Cupertino, It's, China, Asia

☆ 'The worst is in the rearview mirror': Why Wall Street thinks Tesla's comeback story is finally here
▼ + stars: | 2024-07-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Tesla stock had a tough first half of 2024 but Wall Street is eyeing a turnaround. Tesla deliveries slumped for the second quarter in a row, but they were stronger than analysts had expected, with clocking in at 443,956, compared to estimates of 436,000. AdvertisementTesla also reduced its inventory over the second quarter and boosted its energy storage to an all-time high. Morgan Stanley reiterated its "overweight" rating on Tesla stock with a price target of $310, implying another 30% upside. In the most bullish scenario, Tesla stock could rally to $400 by the end of the year, Ives said, implying 63% upside from current levels.

Persons: —, Wall, Musk, Tesla, Morgan Stanley, Elon, Garrett Nelson, Robotaxi, Nelson, CFRA, Keith Fitz, Gerald, Gerald Research, Dan Ives, Wedbush, Ives Organizations: Service, Elon, Wall Street, Investors, Tesla Energy, CFRA, CNBC, Wedbush Securities

☆ Nvidia and Microsoft will drive AI revolution: Wedbush’s Dan Ives
▼ + stars: | 2024-07-01 | 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 EmailNvidia and Microsoft will drive AI revolution: Wedbush’s Dan IvesDan Ives, Wedbush Securities managing director, joins ' Squawk on the Street’ to discuss why he believes NASDAQ will have another strong second half, what's driving AI revolution, and more.

Persons: Wedbush’s Dan Ives Dan Ives Organizations: Nvidia, Microsoft, Wedbush Securities, NASDAQ

☆ Apple's market cap to hit $4 trillion next year, says Wedbush's Dan Ives
▼ + stars: | 2024-06-24 | 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 EmailApple's market cap to hit $4 trillion next year, says Wedbush's Dan IvesDan Ives, Wedbush Securities managing director, joins 'Power Lunch' to discuss Apple as the company revs its AI strategy.

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

☆ AI and robotics are the keys that will drive Tesla to a $1 trillion valuation, Wedbush says
▼ + stars: | 2024-06-21 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Tesla investors reapproving Musk's pay package puts the company on back on track, Wedbush said. The firm reiterated its $275 price target and suggested Tesla was set to hit a $1 trillion valuation. The stock could see a rebound as soon as the second half of this year, the analysts predicted. AdvertisementTesla looks poised to unveil some of its key AI and robotics projects soon, such as its full self-driving software and its Model 2.5. Tesla stock is down 27% this year.

Persons: reapproving, Wedbush, Tesla, —, that's, Elon Organizations: Service, Wedbush Securities, Elon Musk's, Board, Teslas, EV Locations: China, 2H

☆ Microsoft stock will surge 24% amid a 'tidal wave' of AI-monetization opportunities, Wedbush says
▼ + stars: | 2024-06-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Microsoft stock is set to hit $550 on AI monetization opportunities, Wedbush Securities said. Client checks revealed growing bullishness towards Microsoft's AI Copilot software. AdvertisementArtificial intelligence deal conversions are accelerating, priming shares of Microsoft to reach even higher records, Wedbush Securities said. Behind the call were increasingly bullish customer checks, Wedbush Securities said, driven by "a tidal wave of Copilot and Azure monetization now on the doorstep for MSFT." Growth in Azure, Microsoft's cloud platform, has boomed in recent quarters, and could be a bridge into more AI spending, Ives wrote.

Persons: —, Redmond, Dan Ives, Ives, Wedbush Organizations: Microsoft, Wedbush Securities, Service, Nadella, Oracle, IBM, Nvidia, Apple

☆ How to position in the tech rally
▼ + stars: | 2024-06-17 | 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 EmailHow to position in the tech rallyDan Ives, Wedbush Securities managing director of equity research, joins 'Squawk on the Street' to discuss his thoughts on the tech story, tech's biggest threat to growth, and much more.

Persons: Dan Ives Organizations: Wedbush Securities

☆ Tesla stock could soar 90% now that Elon Musk's pay package 'soap opera' is over, Wedbush says
▼ + stars: | 2024-06-14 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Elon Musk's pay package approval removes a burden on Tesla's stock, Wedbush Securities said. AdvertisementTesla shares are on track to race higher with the firm's pay package dispute finally out of the way, Wedbush Securities wrote. With CEO Elon Musk approved to receive his $46 billion compensation package, the stock is at last unshackled from the uncertainty surrounding the compensation sage. "Tesla is Musk and Musk is Tesla....shareholders spoke loudly today." Tesla's robotaxi day in early August is the next potential catalyst for the stock, Ives.

Persons: Elon, Tesla, Dan Ives, —, Elon Musk, Musk, Ives, he's, Tesla's Organizations: Wedbush Securities, Service, didn't, Tesla Locations: Delaware

☆ It's all roses and rainbows today in Austin, one Tesla analyst says of Musk's mega payday vote
▼ + stars: | 2024-06-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Tesla's shareholders approved Elon Musk's $55 billion pay package and the company's move to Texas. Wedbush analyst Dan Ives called the result a "pop the champagne moment" for Tesla investors. AdvertisementAt least one analyst is extremely optimistic about how Tesla's shareholders voted. Wedbush Securities analyst Dan Ives called Tesla chief Elon Musk's victory a "pop the champagne moment" for investors in a note on Thursday. The Tesla vote focused on two main issues: the company's move from Delaware to Texas, and approval of Musk's $55 billion pay package, which was largely seen as a referendum on his leadership.

Persons: Dan Ives, Ives, —, Elon Musk's Organizations: Elon Musk's, Service, Wedbush Securities, Tesla, EV, Business Locations: Texas, Delaware

☆ Fears are rising ocean freight rates may surpass $20,000 with no relief for global trade into 2025
▼ + stars: | 2024-06-13 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

Goetz Alebrand, head of ocean freight at DHL Global Forwarding Americas, said he is not optimistic freight rates will decline anytime soon. "It is unlikely that the situation will resolve itself soon and [ocean freight] rate levels might not ease up before Chinese New Year," Alebrand said. Air freight prices and demand are going higher According to freight intelligence firm Xeneta, China to North America air freight spot rates increased 43%, to $4.88 per kilogram, year-on-year in May. According to ocean freight data from FreightWaves SONAR, container bookings and freight orders from shippers to the ocean carriers are down 48% month-over-month. Xeneta data tracking ocean freight rates from the Far East to the U.S. East Coast, West Coast and Gulf Coast ports shows the historic run.

Persons: Joe Giddens, Paul Brashier, Brashier, Goetz Alebrand, Alebrand, Alan Murphy, Murphy, Peter Boockvar, Boockvar, We've, Nate Herman, Xeneta, Daniel Ives, Niall van de, van de, Good Hope Organizations: Federal Reserve, CNBC, ITS Logistics, DHL Global, Intelligence, Defense Intelligence, U.S ., Bleakley Financial, American Apparel and Footwear Association, Global, ", Apple, Wedbush Securities, Trade, Good Locations: Asia, Europe, Sea, Red, Africa, Shanghai, Rotterdam, Genoa, U.S . West Coast, East Coast, U.S, China, North America, U.S . East Coast , West Coast, Gulf Coast

☆ Sam Altman may have just scored a major coup
▼ + stars: | 2024-06-11 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewForget Tim Cook: OpenAI and Sam Altman might be the biggest winners after Monday's announcements at Apple's Worldwide Developers Conference. While Apple announced Apple Intelligence, its in-house artificial-intelligence tool, it also said that Apple users will soon be able to use ChatGPT in Siri through an integration it created with OpenAI. The feature is part of Apple's iOS 18, iPadOS 18, and Sequoia, its computer operating system. Apple's iOS is installed on about 2.2 billion devices, Wedbush Securities estimated in a note on Monday. OpenAI said in a statement that "the ChatGPT integration, powered by GPT-4o, will come to iOS, iPadOS, and macOS later this year.

Persons: —, Tim Cook, OpenAI, Sam Altman, ChatGPT, it's, Craig Federighi, Apple's, Siri, Altman, Google's, Kelsey Peterson, Cook, haven't, macOS, Apple Organizations: Service, Apple's Worldwide, Apple, Apple Intelligence, Business, OpenAI, Wedbush Securities, Washington Post, Google, Safari Locations: Siri, Sequoia, WWDC

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple's Worldwide Developer Conference keynote on Monday is expected to herald some major announcements from the tech titan. This year's WWDC has been highly anticipated by analysts, investors, and beyond, who all want to know what CEO Tim Cook will reveal about Apple's generative artificial intelligence efforts. Other changes Apple is expected to unveil include updated Mac, iPad, and Vision Pro operating systems, AI-generated emojis, and a complete overhaul of Siri.

Persons: —, Tim Cook, Dan Ives, OpenAI, Siri Organizations: Service, Business, Apple, Wedbush Securities, Bloomberg, Vision Pro

☆ Tesla stock is set to drop as Elon Musk's $56 billion pay package unlikely to get approved, Wall Street analyst says
▼ + stars: | 2024-06-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Elon Musk's $56 billion pay package likely won't be approved by Tesla shareholders, according to Bernstein analyst Toni Sacconaghi. If the pay package is voted down, Tesla stock could fall 5%. AdvertisementTesla investors are set to vote this week on Elon Musk's astronomical pay package, but according to Bernstein analyst Toni Sacconaghi, it's not likely to be approved. According to Sacconaghi, Tesla stock could react negatively and fall about 5% if the package is voted down by shareholders. If Tesla does not receive approval for Musk's pay package, it could lead to a sell-off in the stock, Sacconaghi said.

Persons: Elon Musk's, Bernstein, Toni Sacconaghi, Elon, Sacconaghi, —, it's, Tesla, Chris Ailman, let's, Ailman, He's, Dan Ivees Organizations: Tesla, Service, Elon, CNBC, Nvidia, Wall Street, Wedbush Securities

☆ This will be an AI-driven super cycle for Apple, says Wedbush's Dan Ives
▼ + stars: | 2024-06-10 | 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 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

☆ Tesla shareholders to vote whether Elon Musk deserves billions judge struck down
▼ + stars: | 2024-06-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Now, Musk and the board want Tesla shareholders not only to vote again to give him back those stock options, but to relocate Tesla away from the judge’s state entirely. Despite the widespread support among shareholders back in 2018 for Musk’s pay package, the Tesla board seems to be scrambling to shore-up support for this month’s vote. But perhaps a more serious concern among Tesla shareholders is problems faced by the electric car pioneer itself. “When Tesla achieved targeted earnings, revenues, and market cap metrics, Tesla’s shareholders benefitted greatly.

Persons: New York CNN —, Elon Musk, Tesla, Chancellor Kathaleen McCormick, ” McCormick, “ Musk, McCormick, ” Tesla, Robyn Denholm, Elon, ” Rather, ”, ” Denholm, “, he’s, Dan Ives, it’s, they’re, Ives, Neuralink, Musk, ” Ives, Ron Baron, Baron Capital, ” Baron, Glass Lewis Organizations: New, New York CNN, SEC, Musk, Elon, Twitter, Wedbush Securities, SpaceX, The Boring Company, Baron, Institutional, Services Locations: New York, Delaware, Texas, Tesla’s Texas, “

☆ Cava shares slip despite Q1 beat, raising same store sales guidance
▼ + stars: | 2024-05-28 | 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 EmailCava shares slip despite Q1 beat, raising same store sales guidanceNick Setyan, Wedbush Securities Senior Analyst, joins 'Closing Bell Overtime' to talk Cava Q1 earnings as the stock struggles in extended trading.

Persons: Nick Setyan Organizations: Wedbush Securities, Cava

☆ Apple needs its big AI moment
▼ + stars: | 2024-05-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

That's made Apple's lack of a big generative AI announcement so far particularly noticeable. However, one big sign an announcement may be coming at WWDC was the unveiling of its M4 chip, which Apple described as an "outrageously powerful chip for AI." The CEO spoke of "big opportunities across our products" for generative AI and promised that Apple is "well positioned" to take on the space. "We think investors will take any generative AI announcement positively," Morningstar tech analyst William Kerwin said. We'd expect any new-gen AI announcement to see strong adoption when released."

Persons: —, they've, chatbot, That's, Dan Ives, Apple, Tim Cook, William Kerwin, Morningstar, Gene Munster, OpenAI, Siri, Ives, Deepwater's Munster, Kerwin Organizations: Service, Developers Conference, Microsoft, Google, Business, Wedbush Securities, Apple, iPad, Morningstar, Deepwater Asset Management, Bloomberg Locations: Cupertino , California, WWDC

☆ Dan Ives on Apple: June will be the last negative quarter in China
▼ + stars: | 2024-05-24 | 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 EmailDan Ives on Apple: June will be the last negative quarter in ChinaDan Ives, WedBush Securities analyst, joins 'Squawk on the Street' to discuss Apple, his outlook on the stocks' target price, China, and more.

Persons: Dan Ives, China Dan Ives Organizations: Apple, WedBush Securities Locations: China

Search resuls for: "Wedbush Securities"

25 mentions found