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Elon Musk reclaims the world's richest person title from Jeff Bezos as Tesla's stock hits an 8-month-high

Elon Musk, Tesla CEO. Patrick Pleul/picture alliance via Getty Images Elon Musk once again overtook Jeff Bezos as the world's richest person on Friday. Musk said he hopes his fortune is "enough to extend life to Mars." The billionaire added $60 billion to his wealth this year, driven by Tesla's robust performance and a SpaceX stock sale. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Elon Musk regained the title of the world's richest person on Friday...
Tags: Amazon, Spacex, Elon Musk, Microsoft, Trends, Tesla, Bloomberg, Bill Gates, Berkshire Hathaway, Warren Buffett, Jeff Bezos, Lvmh, Musk, Forbes, Bezos, Ives


2 years after leaving Apple, Jony Ive's new design company finally has a website - take a look

Justin Sullivan/Getty Images LoveFrom, the design firm by former Apple design chief Jony Ive and Marc Newson, has a new website. The site describes LoveFrom as "a creative collective" that is "fanatically devoted to excellence." Ive departed Apple in 2019 after leading its design on products like the iPhone, iPad, and iPod. A design firm from the man behind the look of many of Apple's iconic products now has an official website. Jony Ive was Apple's chief design officer and led th...
Tags: Apple, Design, Trends, Ferrari, Financial Times, Jony Ive, Ives, Justin Sullivan Getty, Ive, Marc Newson, Tech Insider, Sarah Jackson, Exor, LoveFrom, Newsroom Affiliate Link


Two years after leaving Apple, Jony Ive's new design company finally has a website - take a look

Justin Sullivan/Getty Images LoveFrom, the design firm by former Apple design chief Jony Ive and Marc Newson, has a new website. The site describes LoveFrom as "a creative collective" that is "fanatically devoted to excellence." Ive departed Apple in 2019 after leading its design on products like the iPhone, iPad, and iPod. A design firm from the man behind the look of many of Apple's iconic products now has an official website. Jony Ive was Apple's former chief design officer, le...
Tags: Apple, Design, Trends, Ferrari, Financial Times, Jony Ive, Ives, Justin Sullivan Getty, Ive, Marc Newson, Tech Insider, Sarah Jackson, Exor, LoveFrom


Tesla breaks above key $800 resistance level after posting strong China sales growth in September

Tesla CEO Elon Musk. Matt Rourke/AP Photo Shares of Tesla traded above the key $800 resistance level on Tuesday after the EV maker posted strong September sales growth in China.Tesla sold 56,606 vehicles in China last month, representing 27% month-over-month growth.The growth for Tesla came even as China auto sales slumped 17% in September.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Tesla rose 2% to clear its key $800 resistance level on Tuesday after the compan...
Tags: China, Trends, Markets, Tesla, Electric Vehicles, Shanghai, Stock Market, Technical Analysis, Ives, Matthew Fox, Tesla Stock, China Tesla, Dan Ives, China Passenger Car Association, Mover, Tesla stock price


General Motors could surge 46% as it transitions vehicle software to a recurring subscription model, Wedbush says

2024 GMC Hummer EV SUV. GMC General Motors' 10-year plan will see the company transition to a profitable software subscription model, according to Wedbush.The research firm said in a Monday note that recurring revenue from its software business will drive 46% upside in GM stock."The software and services business attached to the EV shift represents a potential gold mine for the company," Wedbush said.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.General Motors...
Tags: Trends, General Motors, Markets, Electric Vehicles, Gm, Stock Market, Chevy Bolt, Wedbush, Ives, Ives Ives, Matthew Fox, Daniel Ives, General Motors Stock, Wedbush That, GMC General Motors, Analyst Note


10 things before the opening bell

Facebook's Mark Zuckerberg in 2010, before he took his company public. Marcio Jose Sanchez/AP Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's get into it.1. Stocks slid as worries about energy costs and inflation pushed up bond yields. Investors are braced for a private sector jobs report and another debt-ceiling related vote expected in Washin...
Tags: Amazon, Facebook, Mark Zuckerberg, Washington, Amc, Trends, Bank Of America, Reddit, Crypto, Gamestop, Wedbush, Apple Microsoft, Tesco PLC, Ives, FTX, Greg Chase


Now is the time to double down on tech stocks as the latest sell-off will be be followed by a 10% rally into year-end, Wedbush says

Spencer Platt/Getty Images Now is the time for investors to take advantage of the 8% sell-off in the Nasdaq and buy tech stocks, Wedbush's Dan Ives said.Ives views the current sell-off as short-lived and thinks tech stocks can rally 10% into year-end.Wall Street is underestimating the earnings power of the tech sector, he added.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The 8% sell-off in the Nasdaq 100 doesn't represent an end to the multiyear rally, ...
Tags: Apple, Microsoft, Wall Street, Trends, Markets, Trading, Stock Market, Zscaler, Palo Alto Networks, Wedbush, Ives, Matthew Fox, Tech Stocks, FAANG, Dan Ives, Stock Market Outlook


10 things before the opening bell

The White House is seen from the Ellipse with the National Christmas Tree at right in the morning hours, in Washington, U.S., December 20, 2020 Ken Cedeno/Reuters Welcome to 10 Things Before the Opening Bell. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's jump in.1. Dow futures have plunged 500 points as a looming default by Chinese property giant Evergrande rattles investors. The fear is t...
Tags: Washington, White House, US, Trends, Tesla, Marriott, Goldman Sachs, Wedbush, Ives, Shake Shack, Ellipse, FTX, Dan Ives, Phil Rosen, Moody Analytics, Reuters Welcome


Tesla could soar 32% in the next year as chip-shortage woes subside and global demand rebounds, Wedbush says

Tesla Model S Plaid. Tesla Wedbush's Dan Ives reiterated his $1,000 12-month price target for Tesla on Friday. The analyst expects a number of concerns including the chip shortage and PR issues in China to subside. He sees Telsa's stock benefitting from the oncoming "green tidal wave" of demand for EV's over the next five years. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. One of Wall Street's biggest Tesla bulls is doubling down on his optim...
Tags: Elon Musk, China, Trends, Markets, Tesla, TSLA, Wedbush, Ives, Telsa, Dan Ives, Shares of Tesla, Tesla Wedbush, Emily Graffeo, Tesla stock price, Tesla price target, Dan ives tesla


DocuSign could soar another 15% as robust earnings prove remote work is here to stay, Wedbush says

Docusign CEO Keith Krach Docusign Wedbush's Dan Ives reiterated his $340 price target for DocuSign after the e-signature company crushed earnings. Shares of DocuSign rose to an all time high Friday after the company beat earnings and revenue forecasts. Ives sees DocuSign continuing to gain customers as workers remain remote. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. DocuSign's better-than-expected second quarter earnings speak to a special growth s...
Tags: Trends, Markets, Docusign, Wedbush, Ives, Tech Stocks, Dan Ives, DOCU, Cloud Stocks, Emily Graffeo, DocuSign stock, MI Exclusive, Keith Krach Docusign Wedbush


US tech stocks could soar 10% by the end of 2021 as rotation out of Chinese names creates a 'nirvana set up' for FAANG, Wedbush says

Apple is one of the six major retailers that confirmed it uses facial recognition in its stores. ANGELA WEISS / Getty Images Strong fundamentals will boost tech stocks up another 7%-10% through the rest of 2021, Wedbush's Dan Ives said. The tech analyst sees a rotation out of Chinese stocks amid ongoing regulation as a tailwind for US tech names. Ives sees an especially positive set-up for FAANG stocks, cloud names, and cybersecurity companies. Sign up here for our daily newsletter, ...
Tags: Apple, China, US, Trends, Markets, Apple Stock, Fed, Wedbush, Ives, Tech Stocks, Dan Ives, Varonis Systems, Ant Group, Emily Graffeo, Faang Stocks, MSFT stock


The next iPhone will have insane amounts of storage packed into a familiar slim design. Here's what to expect from Apple's next-gen smartphone.

Matt Monath Photography for Business Insider It's almost that time of year when Apple premieres the latest version of the iPhone. Apple has yet to officially announce plans for the phone but rumors are starting to surface. The newest iPhone is set to have serious camera upgrades and an insane amount of storage. See more stories on Insider's business page. It's almost that time again: Apple's expected to announce a new iPhone as soon as September. Although Apple has yet ...
Tags: Iphone, Apple, News, Trends, Bloomberg, Ives, Wedbush Securities, Tech Insider, Dan Ives, iPhone 13 Pro, Matt Monath, Aleeya Mayo


Microsoft could soar 18% as Office 365 price increase represents 'strategic poker move' that could drive more upside, Wedbush says

Microsoft CEO Satya Nadella may be on a "the M&A warpath" analysts say. Insider asked analysts which companies and startups might be next. Reuters/Lucas Jackson Shares of Microsoft can continue their surge and rise 18% from current levels, Wedbush said in a note on Friday. Microsoft is up 5% over the past two days after it raised its prices for Office 365. "The Office 365 price increase for 2022 was a smart strategic poker move that could be another $5 billion+ incremental tailwind," Wedb...
Tags: Amazon, Microsoft, Office, Satya Nadella, Trends, Markets, Trading, Stock Market, Wedbush, Ives, Redmond, Matthew Fox, Dan Ives, Redmond Ives, Mover, Analyst Note


The Tesla Bot will 'agitate' investors and distract the EV company from correcting key issues weighing on the stock, Wedbush says

Reuters Tesla's newly unveiled humanoid robot is an "absolute head scratcher," said Wedbush's Dan Ives. The analyst said the bot will "agitate" investors who are more concerned about safety issues. Investors are also focusing in on how Tesla will reaccelerate demand in China and address the ongoing chip shortage, Ives added. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Tesla's plan to build a humanoid robot is an "absolute head scratcher" that co...
Tags: China, US, Trends, Markets, Tesla, TSLA, Goldman, Musk, Wedbush, Ives, Reuters Tesla, Dan Ives, Emily Graffeo, Tesla stock price, Wedbush Tesla, Dan ives tesla


These 8 electric-vehicle stocks are best poised to gain from Biden's green-energy agenda, according to Wedbush

EVgo President Joe Biden's green energy agenda is set to release a tidal wave across the electric vehicle sector, Wedbush said in a Wednesday note."While today EV's only represent 3% of total automotive sales globally, we believe this will reach the 10% threshold by 2025 and 20% by 2030," the note said.These are Wedbush analyst Dan Ives' eight favorite electric vehicle stocks to invest in.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Investments in th...
Tags: Finance, Trends, Markets, Tesla, Joe Biden, Electric Vehicles, Volkswagen, Biden, Stock Market, EVs, Wedbush, Ives, Matthew Fox, Tesla Tesla Model, Dan Ives, Analyst Note


Report: iPhone 13 to Launch Third Week of September, 1TB Storage Option for Pro Models

Apple is set to launch the iPhone 13 in the third week of September and a 1TB internal storage option will be available for the high-end Pro models, Wedbush analyst Daniel Ives said today in an investors note seen by MacRumors. From the note: Our recent Asia supply chain checks for 2H put iPhone builds between 130M-150M. The iPhone 13 appears to represent 35%-45% of iPhone builds in Q3, this positive outlook gives us enhanced confidence that 2021's launch timing will be "normal". From a timi...
Tags: Apple, Asia, Featured, Bloomberg, Mark Gurman, Wedbush, Ives, TrendForce, Daniel Ives, iPhone 13, Wedbush Related Forum, Cinematic Video Apple


China signals its tech crackdown isn't ending anytime soon - and calls for tougher rules in other key industries

Costfoto/Barcroft Media via Getty Images China's tech crackdown will likely persist, a five-year plan on Wednesday showed. New laws will be drafted for other areas including national security, monopolies, and education. China's targeting of various industries has spooked investors, hitting stocks. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. China issued a five-year blueprint on Wednesday that suggests its crackdown on the tech sector isn't subsidi...
Tags: Asia, China, US, Trends, Beijing, Alibaba, Jack Ma, Wuhan, Nyse, Ives, Didi, Getty Images China, China s State Council, Laszlo Birinyi, Communist Party s Central Committee, Dan Ives


BBC Proms (3) - BBC NOW/Bancroft - Thomas, Ives, and Dvořák, 8 August 2021

Royal Albert Hall Augusta Read Thomas: Dance Foldings (world premiere) Ives: Orchestral Set no.1: Three Places in New England Dvořák: Symphony no.9 in E minor, op.95, ‘From the New World’ BBC National Orchestra of WalesRyan Bancroft (conductor) A n excellent American-themed concert from the BBC National Orchestra of Wales and its Californian Principal Conductor, Ryan Bancroft. It began, as is right, with a new work: Augusta Read Thomas’s Dance Foldings . For the 150 th anniversary of the Ro...
Tags: Boston, Religion, Bbc, New England, Dvorak, Thomas, Bancroft, Stravinsky, Ives, Albert Hall, Putnam, Henze, Stockbridge, Ligeti, Charles Ives, Mark Berry


Apple just delivered 'a gold medal performance': Here's how 3 Wall Street analysts are reacting to the tech giant's blockbuster 3rd quarter

Apple is one of the six major retailers that confirmed it uses facial recognition in its stores. ANGELA WEISS / Getty Images Apple's third-quarter earnings report easily exceeded analyst estimates on strength in all of its businesses.Apple reported revenue of $81.4 billion, beating analyst estimates by a massive $7.9 billion.Here's how 3 Wall Street analysts reacted to Apple's blockbuster third-quarter earnings report. Sign up here for our daily newsletter, 10 Things Before the ...
Tags: Apple, China, Trends, Goldman Sachs, Jpmorgan, Wedbush, Ives, Matthew Fox, Daniel Ives, Apple s Services, Opening Bell Apple, ANGELA WEISS Getty Images Apple


The Nasdaq could rise 10% as investors flee Chinese tech companies and flock to US stocks amid Beijing's crackdown, Wedbush says

Reuters US tech stocks stand to gain from China's increased regulatory scrutiny on Didi and others.The regulatory crackdown represents "a major black eye" for the Chinese tech sector, Wedbush said in a note on Friday.As investors rotate out of China and into US tech stocks, the Nasdaq could surge 10% into year-end, according to Wedbush.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.China's increased regulatory crackdown on stocks like Didi and Alibaba will...
Tags: Apple, Microsoft, Finance, China, US, Trends, Markets, Beijing, Alibaba, Tencent, Trading, Nasdaq, Wedbush, Ives, Didi, Matthew Fox


Tech stocks can jump another 10% this year on fuel from earnings and massive growth in cybersecurity demand, says Wedbush

Apple CEO Tim Cook. Roy Rochlin/WireImage/Getty Images Tech stocks could rise by another 10% in the second half of 2021, Wedbush said Wednesday. Analyst Dan Ives sees cloud and cybersecurity stocks as benefiting from spending on products to ward off cyberthreats. Apple and Microsoft are among top picks in the sector. See more stories on Insider's business page. Tech stocks have rebounded sharply from the losses suffered earlier this year, and should charge even higher through the re...
Tags: Apple, Microsoft, US, Trends, Tech, Markets, Nice, Apple Stock, Zscaler, Wedbush, Ives, Nasdaq Composite, Pegasystems, Carla Mozee, Tech Stocks, Dan Ives


Musk on trial: Defends SolarCity, calls lawyer ‘bad human’

By PAUL WISEMAN and TOM KRISHER WILMINGTON, Del. (AP) — Tesla founder Elon Musk took to a witness stand Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a lawsuit that claims he’s to blame for a deal that was rife with conflicts of interest and never delivered the profits he’d promised. And to the surprise of no one, the famously colorful billionaire did so in the most personally combative terms. “I think you are a bad human being,” Musk told Randall...
Tags: Amazon, Elon Musk, Hbo, Uncategorized, Tesla, Sport, Soccer, Baron, Solarcity, Securities And Exchange Commission, Musk, Forbes, Wilmington, Ives, Wedbush Securities, Delaware Court of Chancery


Tesla rises 3% after it delivers more than 200,000 vehicles during the quarter despite chip shortage

Tesla CEO Elon Musk attends the groundbreaking ceremony of Tesla Shanghai gigafactory in Shanghai, East China. Xinhua/ via Getty Images Tesla gained as much as 3% on Friday after it said it delivered 201,250 vehicles during the second quarter.Results were driven by sales of the Model 3 and Y, and were about in-line with analyst estimates."Congrats Tesla Team on over 200,000 car built & delivered in Q2, despite many challenges!!" Elon Musk tweeted. Sign up here for our daily newsletter, 10 T...
Tags: Elon Musk, China, Trends, Markets, Tesla, Electric Vehicles, Shanghai, Stock Market, Musk, Wedbush, Ives, Matthew Fox, Tesla Stock, Tesla Shanghai, Getty Images Tesla, Mover


Tesla's recall of 285,000 cars in China is a 'black-eye moment' for the EV maker - but that won't derail its strong prospects, Wedbush says

Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai. Reuters Tesla's recall of most of its cars delivered in China won't derail its growth prospects, according to Wedbush. Analyst Dan Ives said the incident is a clear "black-eye moment" for Tesla, already having reputational issues in China. China is one of Tesla's key markets, and is expected to represent 40% of deliveries for the company by 2022. Sign up here for our daily ne...
Tags: Elon Musk, China, US, Trends, Tesla, Beijing, Biden, Wedbush, Ives, Edward Jones, China China, Tesla China, State Administration, Tesla Inc, Dan Ives, Wedbush Analyst


Microsoft has 23% upside potential on continued cloud growth even after surpassing a $2 trillion valuation, Wedbush says

Microsoft delivers strong earnings. Cindy Ord/Getty Images Microsoft still has 23% upside potential even after it surpassed a $2 trillion valuation on Tuesday, according to Wedbush.Analyst Dan Ives said continued cloud growth for Microsoft's Azure platform will continue to impress Wall Street.Ives upped his price target on Microsoft to $325 from a prior target of $310 in a Wednesday note.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Wedbush analyst Dan Ives th...
Tags: Amazon, Microsoft, Azure, Trends, Wedbush, Ives, Matthew Fox, Dan Ives, Redmond Ives, Cindy Ord Getty Images Microsoft, Opening Bell Wedbush, Wedbush Analyst Dan Ives


Microsoft hits a $2 trillion market valuation for the first time, second only to Apple

Microsoft CEO, Satya Nadella. Stephen Brashear/Getty Images Microsoft became the second US-listed company to hit a $2 trillion market valuation after Apple. Investors expect its lead in cloud computing to keep its success going, amid remote working. Amazon's market cap reached $1.77 trillion on Tuesday, while Alphabet logged $1.67 trillion. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Microsoft crossed the $2 trillion market-valuation threshold on Tuesday, ...
Tags: Apple, Google, Amazon, New York, Microsoft, Saudi Arabia, Satya Nadella, US, Trends, Ibm, Blackrock, Saudi Aramco, Tadawul, Wedbush, Ives, Redmond


Oracle slips after revealing muted guidance and weak cloud sales growth

Reuters/Noah Berger Oracle stock dropped on Wednesday after the company's fourth-quarter earnings release. Oracle posted muted guidance and weaker than expected cloud sales growth in the quarter. Despite the fall in the share price, the company did beat both top and bottom line analyst estimates. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Oracle slipped on Wednesday after the company revealed muted guidance and weaker than expected cloud sales ...
Tags: Amazon, Microsoft, Trends, Barclays, Oracle, Cnbc, Austin Texas, Wedbush, Ives, Safra Catz, Dan Ives, Will Daniel, Reuters Noah Berger Oracle, In May Barclays


Tesla climbs after car sales in China jump 29% in May

Tesla's Model 3. Feature China: Barcroft Media via Getty Images Tesla shares rose by more than 3% on Tuesday after data showed the company's sales in China increased 29% in May. The rise in May sales follows a pullback in demand that was logged in April. Tesla should be on track for a 300,000 run-rate for deliveries in June, said a Wedbush analyst. See more stories on Insider's business page. Tesla shares gained more than 3% early Tuesday after data from China showed the ele...
Tags: Europe, Elon Musk, China, Trends, Markets, Tesla, Beijing, Electric Vehicles, Nasdaq, EVs, Wedbush, Ives, Carla Mozee, Tech Stocks, Barcroft Media, Dan Ives


Tesla could soar 67% as it reaps the benefits of 'transformational consumer demand' for EVs in China, Wedbush says

Christophe Gateau: picture alliance via Getty Images Despite recent setbacks, Tesla could gain 67% from current levels by the end of 2021, Wedbush said. The firm's Dan Ives sees Tesla benefitting from demand in China soaring over the next two years. On Monday he reiterated his $1,000 price target for TSLA. Sign up here our daily newsletter, 10 Things Before the Opening Bell The best days are still ahead for Tesla -not in the rear view mirror, Wedbush says.In a Monday note, senior t...
Tags: Elon Musk, China, US, Trends, Markets, Tesla, Beijing, TSLA, Musk, Wedbush, Ives, Dan Ives, Tesla This, China Wedbush, Emily Graffeo, Tesla stock price


iPhone 13 Again Rumored to Feature 1TB Storage Option and LiDAR For All Models

Apple's upcoming iPhone 13 lineup could include some models, such as the ‌iPhone 13‌ Pro and ‌iPhone 13‌ Pro Max being offered with as much as 1TB of internal storage; in addition, all models of the lineup are set to feature LiDAR, Wedbush analyst Daniel Ives said today in an investors note seen by MacRumors. Ives made headlines in March with an initial prediction that the ‌iPhone 13‌ would include 1TB storage options. Apple leaker Jon Prosser had previously predicted the eventuality of a 1TB...
Tags: Apple, Wedbush, Ives, Daniel Ives, Pro Max, Jon Prosser, iPhone 13, Wedbush Related Forum