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…
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 …
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…
Cerebras Systems reported $193.4 million in first-quarter revenue, beating analyst expectations of $181.2 million, but shares fell over 9% in after-hours trading as investors focused on projected nega…
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…
Wedbush analysts expect MongoDB to report first-quarter results above Wall Street estimates, driven by growth in its Atlas cloud database platform and momentum from artificial intelligence adoption. T…