Microsoft (MSFT) announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales. But according to at least one analyst, the layoffs are a proactive mo...
Tag: Ives
Daniel Ives says the tech sector will be up ~20% in 2023 — here are 2 stocks to play that bullish sentiment
It’s no secret that the tech sector took a pounding in last year’s bearish market. In fact, the tech-heavy NASDAQ index lost more than 33% during 2022, leading the way in the market decline. But savvy...
‘It’s a Rock of Gibraltar,’ says Wedbush’s Dan Ives
Investors are growing pessimistic about tech firms — and on Apple (AAPL) in particular. The company’s market value dipped below $2 trillion for the first time since last spring on Tuesday. Dan Ives of...
Tesla stock is ‘way oversold on fears of the unknown,’ Wedbush’s Ives says
Tesla watcher and Twitter CEO Elon Musk critic Dan Ives is sounding a bit more optimistic on Tesla stock after a major hammering to kick off 2023. “With $5+ of earnings power still hittable and ...
Tesla’s ‘Cinderella ride’ is over and demand is ‘starting to crack,’ Wedbush’s Dan Ives says. Here’s what could come next
Tesla delivered more cars than ever in 2022, but it still wasn’t enough to meet its own lofty forecasts. Elon Musk’s EV giant sent over 1.3 million cars to customers last year—a 40% year-over-year inc...
Analyst Dan Ives says Elon Musk will likely step down from Twitter as company is on track to lose roughly $4 billion
A broad bear market has taken the S&P 500 down over 20% this year, with high-growth tech stocks faring the worst as central banks worldwide raise interest rates to fight inflation. Elon Musk’s Tes...
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.
Elon Musk sold another $3.58 billion in Tesla stock this week, bringing his total sales since November of last year to nearly $40 billion—and investors aren’t happy about it. Wedbush’s tech analyst Da...
Tesla stock is trading at its ‘cheapest valuation’ in years, Wedbush’s Dan Ives says
The steep slide in Tesla’s (TSLA) stock price this year is starting to catch the eye of valuation watchers. “Not since 2018 has Tesla traded at these levels,” Wedbush analyst Dan Ive...
Daniel Ives sees plenty of reasons to stay bullish on tech stocks; Here are 2 names to watch
Sentiment can change fast on Wall Street. Rewind back to early May and a triple whammy of soaring inflation, a hawkish Fed and ongoing macro concerns had the stock market – and the tech segment ...
‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives
Some storm clouds are appearing on the horizon for Tesla bulls after a respectable second quarter. “The elephant in the room for Tesla (and the broader market) is with dark economic storm clouds...
Wedbush’s Dan Ives cuts Tesla price for 2022 but expects solid 2023 for TSLA
On Thursday, May 19, Tesla (NASDAQ: TSLA) received a price cut from an analyst that has previously championed the stock through thick and thin. Wedbush’s Dan Ives changed his price target for the stoc...
Tesla Q1 results: Dan Ives is cautious for current fiscal quarter
Tesla Inc (NASDAQ: TSLA) reported its financial results for the first quarter on Wednesday that handily beat the Wall Street expectations. Shares popped up over 5.0% in after-hours trading. Notable fi...
Tesla stock split indicates ‘a massive position of strength,’ Dan Ives says
The news of Tesla (TSLA) laying the groundwork for its second stock split in two years has made analysts and investors optimistic, as shares rallied 8% higher on Monday following the news. According t...
Dan Ives: ‘the bottom for tech is likely in here’
The Nasdaq 100 index is down just under 1.0% on Thursday after the U.S. Federal Reserve raised rates by 0.25 percentage point and signalled six consecutive hikes ahead. Ives: it’s time to own th...
Rivian since IPO is ‘a bad episode out of the Twilight Zone’: Dan Ives
Rivian (RIVN) is losing its momentum after the electric vehicle carmaker halved its production forecast due to ongoing supply chain challenges. When reporting Q4 2021 earnings, Rivian beat on adjusted...