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CNBC's "Closing Bell" is joined by Wedbush Securities' Dan Ives to discuss Apple CEO Tim Cook, the company's AI struggles and more.
Dan Ives has raised his price target for Palantir Technologies, signaling a 12% upside from its trading price over the next 12 months.
Dan Ives of Wedbush Securities said it’s clear Apple is incapable of producing its own AI in-house, despite a company culture that strives to build superior products internally. In recent days, some of Apple’s top AI talent has also been poached by increasingly aggressive AI talent recruiter Meta, Bloomberg reported.
Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Making Waves on Wall Street. On July 9, Wedbush reiterated its “Outperform” rating on the stock and maintained its price target at $270.00. The rating affirmation reflects continued confidence in Apple’s potential.
Well-known analyst Dan Ives just launched a hand-vetted fund that provides targeted investments in the AI boom, but with lower influence from the handful of top-ranked giants. Let's see what's different about this exchange-traded fund (ETF), so you can decide whether it belongs in your portfolio.
The company stands to benefit from growing commercial and federal demand for its artificial intelligence platform, Wedbush analysts say.
On July 3, the Global Head of Tech Research at Wedbush, Dan Ives, joined CNBC to suggest that he expects a multi-year tech rally.
Dan Ives of Wedbush, in an interview with Bloomberg, predicted a strong second half for technology stocks, calling this the "golden age" for the industry. He spoke of artificial intelligence (AI) stocks as having much more room to run and even said we're at "10 p.