IBM warned that the artificial intelligence boom is compressing traditional software budgets, sending its shares down more than 7% in after-hours trading. The company expects a $200 million to $300 mi…
SK Hynix, a South Korean memory-chip maker and key Nvidia supplier, is set to begin trading on the Nasdaq this Friday, aiming to raise approximately $28 billion in what could be one of the largest tec…
A new analysis shows that layoffs at major tech companies like Meta, Microsoft, and Dell do not meaningfully fund AI infrastructure spending. At Meta, layoff savings cover only 2-6% of capital expendi…
Wedbush analyst Dan Ives initiated coverage of SpaceX with an Outperform rating and $190 price target, citing the company's three-way bet on launch, connectivity, and artificial intelligence. Ives hig…
Wedbush Securities initiated stock coverage on SpaceX with a $190 price target and 'Outperform' rating, citing strengths in Starlink connectivity, Starship launches, and AI compute projects. Analyst D…
Palantir stock has crashed 35% this year and fallen 45% from its 52-week high, despite strong first-quarter revenue of $1.63 billion. Analysts like Wedbush's Dan Ives argue the sell-off is overdone, c…
Nvidia stock has underperformed the S&P 500 for six straight trading days, the longest stretch since September 2025, driven by institutional rotation out of AI hardware stocks and concerns over Big Te…
Wedbush analyst Dan Ives warned that AI stocks are in an 'air pocket' as investors treat Meta and Microsoft like 'bear market names that cannot be owned' amid uncertainty over AI monetization. Ives no…
Wedbush analyst Dan Ives raised Apple's 12-month price target to $400, the most bullish on Wall Street, driven by AI services monetization that could add $75-$100 per share. The bull case assumes AI f…
Wedbush tech analyst Dan Ives said Big Tech CEOs will not cut AI spending due to the competitive arms race, despite declining stock prices. Goldman Sachs projects $5.3 trillion in combined capex for M…
Apple raised prices on many MacBooks by about 20% to offset rising memory chip costs, increasing the MacBook Neo by $100 to $699. Despite the hike, the Neo remains competitive with its aluminum chassi…
Micron Technology reported a 346% surge in quarterly revenue and a profit of $28.2 billion, far exceeding analyst expectations and sending its stock up 15%. The results helped stabilize markets after …
Micron Technology reported a blowout quarter with revenue of $41.5 billion and EPS of $25.11, far exceeding Wall Street expectations, and guided next-quarter revenue to $50 billion. The results revers…
Asian markets rebounded Wednesday after a global tech-led selloff, with South Korea's Kospi jumping as Samsung Electronics recovered more than 9%. Investors await Micron Technology's earnings for sign…
OpenAI and Anthropic plan IPOs at valuations near $1 trillion, potentially exposing retirement accounts to AI stocks through index funds. Critics warn of risk from unprofitable companies spending bill…
SpaceX's stock surge following its IPO has improved the math for a potential merger with Tesla, reducing the share dilution needed for an all-stock acquisition. SpaceX president Gwynne Shotwell hinted…
Investors are speculating about a potential merger between SpaceX and Tesla after SpaceX's $85 billion IPO made it worth over $1 trillion more than Tesla. Analysts and investors argue the combination …
Apple is raising prices across key product lines, including MacBook Pro and Mac Mini, due to surging memory chip costs driven by AI infrastructure demand. CEO Tim Cook confirmed the impact on margins …
SpaceX shares surged up to 8.7% in their second day of trading, boosting the company's market value to over $2.2 trillion following a record $86.2 billion IPO. The strong debut eased concerns about la…
Oracle introduced new financial metrics, including "net cash outlay for capital expenditures," to address investor concerns about its rising debt and capital spending tied to AI infrastructure. The co…