Nvidia has spent over $40 billion on equity stakes and supply-chain investments in companies that buy its chips, including $30 billion into OpenAI, $21 billion into SpaceX, and $30 billion into Intel,…
Wall Street strategist Dan Ives of Wedbush Securities has identified Oracle Corp. as the winner and Amazon.com Inc. as the loser in the AI trade, citing Oracle's strategic cloud infrastructure deals a…
Wedbush Securities flagged near-term risks for Nvidia Corp. following reports that the chipmaker is supporting OpenAI's data center expansion, according to a note from analyst Dan Ives. The alleged in…
Mark Zuckerberg's net worth fell by $17.8 billion to $183.3 billion on Thursday as Meta Platforms Inc. shares plunged 9%, extending an 11-day losing streak amid Wall Street concerns over the company's…
Dan Ives, after 25 years as a top Wall Street tech analyst at Wedbush Securities, has left to launch Yorkville Ives, a modern merchant bank with Yorkville Securities, citing the AI revolution as enabl…
Dan Ives left Wedbush Securities on July 1 and launched Yorkville Ives & Co. on July 15, a merchant bank focused on AI dealmaking that combines equity research, strategic advisory, capital raising, an…
IBM warned that the artificial intelligence boom is compressing traditional software budgets, sending its shares down more than 7% in after-hours trading. Chief Financial Officer James Kavanaugh told …
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…
The Magnificent 7 tech stocks lost $2.3 trillion in market value in June 2026 as investors doubted near-term returns from AI infrastructure spending, while chipmakers rallied on component shortages. W…
Apple and Xbox are raising prices on consumer devices by up to 20% and $150 respectively, citing a global shortage of memory and storage chips driven by AI infrastructure demand. Analysts expect furth…
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…
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…
Wedbush Securities lowered its price target for NICE Ltd. due to growth concerns but maintained a positive outlook on the company's AI platform. The analyst cited potential in NICE's AI-driven solutio…
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 …
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…
Wedbush Securities raised its price target on IBM to $350 from $320 on June 2, 2026, maintaining an Outperform rating, citing momentum across the company's AI, hybrid cloud, automation, and cybersecur…
Elon Musk is considering merging SpaceX and Tesla, a deal that would create a combined company valued at $3.4 trillion, making it the fifth most valuable publicly-traded firm globally. Despite the mas…