Posts filtered by tags: Ives[x]


 

The sell-off in Tesla is a 'massive buying opportunity' before the company hits $1 trillion market valuation this year, according to Wedbush

Tesla stock soared in 2020 AFP Contributor/Getty Images The more than 30% decline in shares of Tesla over the past month represents "a massive buying opportunity," according to Wedbush analyst Dan Ives.In a note on Monday, Ives said the the recent pullback in EV stocks is short-term in nature as companies digest their recent gains before the next leg higher."We believe Tesla will hit a trillion dollar market cap in 2021 given the bullish EV secular thesis set to play out over the coming yea...
Tags: China, Trends, Tesla, Joe Biden, Ev, Wedbush, Ives, Matthew Fox, Dan Ives, Tesla Wedbush, Opening Bell Investors


The Astounding Pianist And Composer Who Was Born Into Slavery

Born without eyesight on a Georgia plantation in 1849, “Blind Tom” Wiggins learned to play piano by ear and became a prodigiously gifted player, improviser and composer, mixing and (mis-)matching tunes into sardonic collage compositions of the sort Ives and Shostakovich would come up with decades later. He became one of the country’s highest-paid performers — though he got little of the money himself, even after emancipation. – The New York Times
Tags: Art, Music, Georgia, Shostakovich, Ives, Tom Wiggins, 03.03.21


The recent tech sell-off creates a 'massive buying opportunity' with another 30% jump for the sector possible in 2021, Wedbush says

Xinhua/Wang Ying/Getty Images The recent decline in tech stocks has created a "massive buying opportunity" in the sector, according to Wedbush analyst Dan Ives. Ives said he believes another 30% jump in tech names is possible in 2021. The analyst argued that 30% to 40% of employees could eventually be permanently remote, adding fuel to the digital transformation. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The recent decline in tech stocks has created a "mass...
Tags: Microsoft, Trends, Markets, Tesla, Stocks, US Treasury, Stock Market, Wedbush, Ives, Wedbush Securities, Federal Reserve Chair, Jerome Powell, Tech Stocks, QQQ, FAANG, Dan Ives


Tesla's valuation will hit $1 trillion in 2021 as demand soars in China, Wedbush says

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai Reuters Tesla will be a $1 trillion company by the end of 2021, says Wedbush analyst Dan Ives. In a Thursday note the analyst said "eye popping demand" in China will drive Tesla's market cap higher. If Tesla's valuation hits $1 trillion, it would be the fifth-most-valuable US company based on current levels. Watch Tesla trade live here.Tesla's market capitalization will soar to $1 trillion in 2021 ...
Tags: China, US, Trends, Markets, Tesla, Shanghai, Wedbush, Ives, Wedbush Securities, Tesla China, Reuters Tesla, Dan Ives, Tesla Musk Co, China Wedbush, Emily Graffeo, Tesla stock price


Tech stocks can soar another 25% as reopening boosts digital transformations, Wedbush says

Spencer Platt/Getty Images Tech stocks will climb 25% or more over the next year as economic-reopening progress spurs new growth, Wedbush said Tuesday.FAANG, cloud, and cybersecurity names will lead the climb, while Uber and Lyft represent the best reopening plays, they added.Valuation concerns are valid, but secular trends lifting the group will offset such worries, according to Wedbush.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The trends poised to lift all ...
Tags: China, Digital, Trends, Markets, Biden, Wedbush, Ives, Backe, Tech Stocks, FAANG, Dan Ives, Strecker Backe, Cloud Stocks, Ben Winck, Stock Market Outlook, Analyst Note


Nikola maintained at 'sell' by CFRA amid supplier issues and potential 'legal risks'

Nikola CFRA analyst Garrett Nelson maintained shares of Nikola at "sell" and lowered his price target to $12 on Thursday. The analyst cited "supplier issues" with the Tre semi-truck and potential 'legal risks' from false statements in his reasoning. The company's 10-K confirmed several allegations made by Hindenburg Research in Sept. of last year. Visit the Business section of Insider for more stories. CFRA maintained shares of Nikola to a "sell" on Thursday and lowered the price target t...
Tags: Trends, Trevor, Biden, Cnbc, Kirkland Ellis, Wedbush, CFRA, Ives, Nikola, Hindenburg, Trevor Milton, NKLA, Dan Ives, Garrett Nelson, Hindenburg Research, Will Daniel


Nikola downgraded to 'sell' by CFRA amid supplier issues and potential 'legal risks'

Nikola CFRA analyst Garrett Nelson downgraded shares of Nikola to "sell" and lowered his price target to $12 on Thursday. The analyst cited "supplier issues" with the Tre semi-truck and potential 'legal risks' from false statements in his reasoning. The company's 10-K confirmed several allegations made by Hindenburg Research in Sept. of last year. Visit the Business section of Insider for more stories. CFRA downgraded shares of Nikola to a "sell" on Thursday and lowered the price target t...
Tags: Trends, Trevor, Biden, Cnbc, Kirkland Ellis, Wedbush, CFRA, Ives, Nikola, Hindenburg, Trevor Milton, NKLA, Dan Ives, Garrett Nelson, Hindenburg Research, Will Daniel


Tesla slips as report says the EV maker will idle Model 3 line at its Fremont factory for two weeks

FILE PHOTO: The Tesla factory is seen in Fremont Reuters Tesla is temporarily shutting down the Model 3 line at its Fremont Factory until March 7. Analyst Dan Ives of Wedbush said the move is driven by a chip shortage. Ives said he doesn't see the shutdown affecting "overall delivery trajectory" for Q1 or 2021. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Tesla slipped as much as 4% on Thursday after a report said the EV maker will idle the Model 3 li...
Tags: Congress, China, US, Trends, Tesla, Bloomberg, Joe Biden, Ford, Gm, Biden, FREMONT, Wedbush, Ives, Wedbush Securities, Fremont California, Dan Ives


Tesla slips as report says the EV maker will idle Model 3 line at its Freemont factory for two weeks

FILE PHOTO: The Tesla factory is seen in Fremont Reuters Tesla is temporarily shutting down the Model 3 line at its Freemont Factory until March 7. Analyst Dan Ives of Wedbush said the move is driven by a chip shortage. Ives said he doesn't see the shutdown affecting "overall delivery trajectory" for Q1 or 2021. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Tesla slipped as much as 4% on Thursday after a report said the EV maker will idle the Model 3 l...
Tags: Congress, China, US, Trends, Tesla, Bloomberg, Joe Biden, Ford, Gm, Biden, Wedbush, Ives, Wedbush Securities, Freemont, Freemont California, Dan Ives


Nikola could fall 30% as 'ambitious' profit forecasts and Tesla's first-mover advantage weigh on valuation, CFRA analysts say

Nikola truck prototype. Nikola CFRA analyst Garrett Nelson initiated coverage on EV maker Nikola with a "sell" rating and a $15 price target. The price target implies a nearly 30% drop from Monday's closing price. Nelson said Nikola has "ambitious" profit forecasts and faces stiff competition from Tesla and others. Watch Nikola trade live here. CFRA analysts initiated coverage on electric vehicle maker Nikola with a "sell" rating and a $15 price target late on Monday.Analyst Garret Nelson ...
Tags: Trends, Tesla, Biden, Nelson, Wedbush, CFRA, Ives, Nikola, NKLA, Dan Ives, Garrett Nelson, Will Daniel, Garret Nelson


BMW's CEO says Tesla will struggle to maintain its rapid growth because of mounting competition among electric-car makers

BMW CEO Oliver Zipse and Tesla CEO Elon Musk. Sven Hoppe/Picture Alliance via Getty Images, Hannibal Hanschke-Pool/Getty Images Tesla may struggle to maintain its rapid growth as other carmakers launch their own EVs, Oliver Zipse said Monday. "The rest of the industry is moving ahead big time," the BMW CEO said. Tesla delivered almost 500,000 vehicles in 2020. Other automakers have committed to boosting electric-car sales. Visit the Business section of Insider for more stories. Tesla may s...
Tags: Apple, Transportation, Electric Vehicle, Europe, Elon Musk, China, India, US, Trends, General Motors, Tesla, Bloomberg, Electric Vehicles, Shanghai, Jaguar Land Rover, Bmw


Tesla's extends 2-day plunge to 17% as epic rally takes a breather

Elon Musk Getty Images / Bill Pugliano Tesla tumbled as much as 9% in early Tuesday trading, extending losses following a similarly sized plunge the session prior.The sell-off has dragged shares to their lowest since December and led CEO Elon Musk to relinquish his title as the world's richest person.Tesla's latest slump follows confusion over Model Y availability and risk from plummeting bitcoin prices.Watch Tesla trade live here.Investors continued to dump Tesla in early Tuesday trading, ...
Tags: Twitter, Elon Musk, China, Trends, Markets, Tesla, Bitcoin, TSLA, Cnbc, Musk, Wedbush, Ives, Model Y, Elon Musk Tweets, Tesla Stock, Dan Ives


Tesla's stock is now 'heavily tied' to the fate of bitcoin after the company's $1.5 billion purchase

Elon Musk. Britta Pedersen-Pool/Getty Images Tesla's $1.5 billion purchase of bitcoin last month means the company's stock is "heavily tied" to the digital currency, Wedbush analyst Dan Ives said in a note on Tuesday.Tesla stock has dropped 21% since it announced its purchase of bitcoin earlier this month."It's 'buckle up the seat belt time' again for Tesla's stock with more volatility on the horizon," Ives said.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Tesla ...
Tags: Elon Musk, Finance, Trends, Markets, Tesla, Bitcoin, Trading, Wedbush, Ives, Matthew Fox, Tesla Stock, Dan Ives, Bitcoin Price, Cathie Wood, Analyst Note, Tesla stock price


Tesla's extends 2-day plunge to 20% as epic rally takes a breather

Elon Musk Getty Images / Bill Pugliano Tesla tumbled as much as 12.2% on Tuesday, extending losses following a similarly sized plunge the session prior.The sell-off has dragged shares to their lowest since December and led CEO Elon Musk to relinquish his title as the world's richest person.Tesla's latest slump follows confusion over Model Y availability and risk from plummeting bitcoin prices.Watch Tesla trade live here.Investors continued to dump Tesla on Tuesday, dragging shares to their ...
Tags: Twitter, Elon Musk, China, Trends, Markets, Tesla, Bitcoin, TSLA, Musk, Wedbush, Ives, Model Y, Elon Musk Tweets, Tesla Stock, Dan Ives, China Wedbush


Tesla drops 9% after stopping new orders for the lowest-priced version of its Model Y SUV

Tesla Model Y. Tesla Tesla dropped 9% on Monday after halting new orders for the lowest-priced version of its Model Y SUV. The move comes as Tesla continues to cut prices on a number of its vehicles around the world. Despite the single-day decline, Wall Street analysts aren't particularly concerned. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Tesla close 9% lower on Monday after the electric-vehicle maker stopped taking new orders for the lowest-pric...
Tags: China, Trends, Markets, Tesla, Credit Suisse, TSLA, Musk, Wedbush, Shanghai China, Ives, Dan Levy, Wedbush Securities, Model Y, Daniel Ives, Electrek Tesla, Tesla Stock


Tesla has scored profits worth $1 billion on its bitcoin bet, a Wedbush analyst estimates

Elon Musk. Win McNamee/Getty Images Tesla has made roughly $1 billion on its bitcoin investment, according to Wedbush analyst Dan Ives.The electric-vehicle maker is set to make more from bitcoin than profit from car sales in 2020, he said.Wedbush expects less than 5% of public companies to head down the same route.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Tesla has racked up paper profits worth $1 billion on its bitcoin investment as the price of the cryptocur...
Tags: Elon Musk, Trends, Tesla, Wedbush, Ives, Dan Ives, Shalini Nagarajan, Elon Musk Win McNamee Getty Images Tesla, Things Before the Opening Bell Tesla, Wedbush Securities Based


Uber drops 4% after the UK Supreme Court rules that its drivers are employees, not contractors

A black-cab driver waves a Union Jack flag whilst standing on a taxi on London Bridge, during a protest against TfL and Uber. Kirsty O'Connor - PA Images / Getty Images Uber fell as much as 4% on Friday after the UK Supreme Court ruled that its drivers are employees rather than contractors.The ruling entitles Uber drivers to basic worker rights such as holiday pay and a minimum wage.Uber has been fighting this legal battle in the UK since 2016, when two ex-Uber drivers filed a lawsuit a...
Tags: Uber, Europe, UK, California, Trends, UK supreme court, Jack, London Bridge, Ives, Matthew Fox, Dan Ives, Europe Uber, Uber Ives, Uber Kirsty O Connor PA Images Getty Images Uber, Opening Bell Uber


Uber drops 2% after the UK Supreme Court rules that its drivers are employees, not contractors

A black-cab driver waves a Union Jack flag whilst standing on a taxi on London Bridge, during a protest against TfL and Uber. Kirsty O'Connor - PA Images / Getty Images Uber fell as much as 2% on Friday after the UK Supreme Court ruled that its drivers are employees rather than contractors.The ruling entitles Uber drivers to basic worker rights such as holiday pay and a minimum wage.Uber has been fighting this legal battle in the UK since 2016, when two ex-Uber drivers filed a lawsuit a...
Tags: Uber, Europe, UK, California, Trends, UK supreme court, Jack, London Bridge, Ives, Matthew Fox, Dan Ives, Europe Uber, Uber Ives, Uber Kirsty O Connor PA Images Getty Images Uber, Opening Bell Uber


Apple could soar 66% in bull-case scenario as it searches for a 'golden' partnership to build electric vehicles, Wedbush says

Brendan Smialowski/AFP, Richard Drew/Associated Press Apple could surge to $225 in Wedbush's bull-case scenario as the iPhone maker searches for a partner to help build electric vehicles.Wedbush expects Apple to strike a formal partnership with an auto manufacturer in 2021, according to a Monday note.Recent media reports suggest Apple has held talks with Hyundai and Nissan as it searches for a partner. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Apple's ambitio...
Tags: Apple, Finance, Trends, Markets, Ford, Electric Vehicles, Volkswagen, Biden, Stock Market, Nissan, Apple Stock, Hyundai, Goldman, Exxon, Gamestop, Wedbush


Microsoft stock will climb to $300 as the company gains cloud market share, Wedbush says

Bryan Thomas/Getty Images Microsoft stock will climb to $300 per share, according to analysts at Wedbush. Analyst Daniel Ives said "recent field checks" have made Wedbush believe Azure is gaining market share in the cloud business. Microsoft saw total revenue growth of 17% year-over-year and cloud revenue growth of 50% year-over-year in its most recent earnings release. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Microsoft stock will climb to $300 as the comp...
Tags: Amazon, Microsoft, Azure, Trends, Steve Ballmer, Aws, Goldman, Exxon, Gamestop, Wedbush, Ives, Redmond, Ballmer, AWS Microsoft, Daniel Ives, Bryan Thomas Getty


Uber and Lyft are 'proxies for the reopening' as investors look to rideshare to predict the pandemic recovery

Uber CEO Dara Khosrowshahi at the NYSE in May 2019. Spencer Platt/Getty Images Investors are looking at Uber and Lyft as early signs of how the economic recovery may take shape. Analysts told Insider the companies' fates are closely tied to post-pandemic travel and consumer trends. They said Uber and Lyft became much more nimble during the pandemic, but uncertainty remains. Visit the Business section of Insider for more stories. When the pandemic hit last year, Uber and Lyft were some of t...
Tags: Lyft, Uber, Finance, Wall Street, Trends, Markets, Economic recovery, Rideshare, Stock Market, Doordash, Nyse, Wedbush, Ives, Schiffer, Dara Khosrowshahi, Lyft Lyft


Apple falls as disappointing sales outlook outweighs record profits

Mason Trinca/Reuters Shares of Apple were down about 2.5% Thursday morning despite a strong earnings report. Apple reported record quarterly profits of $28.76 billion on revenues of $111.4 billion. Analysts were pleased with increasing services and wearable revenues but balked at a disappointing sales outlook. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Apple fell about 2.5% Thursday morning despite a stellar earnings report on Wednesday that saw th...
Tags: Apple, China, Trends, Goldman Sachs, Cupertino, Goldman, Wedbush, Ives, Daniel Ives, AirPods, Shiller PE, Cathie Wood, Will Daniel, Mason Trinca Reuters Shares of Apple


Microsoft delivers on cloud performance in 'blowout' quarter, Wedbush says

Microsoft delivers strong earnings. Cindy Ord/Getty Images Microsoft shares are rising after the company notched a 'blowout' quarter, Wedbush analysts say. Revenues grew 17% year-over-year as the company's cloud computing services outperformed. Wedbush has raised its price target on Microsoft to $285 per share from $270. Watch Microsoft trade live here. Shares of Microsoft jumped in premarket trading on Tuesday after the company announced a 'blowout' quarter, according to Wedbush analysts....
Tags: Microsoft, Washington, NFL, Trends, Netflix, Kansas City Chiefs, Wedbush, Ives, Azure Office, Daniel Ives, Intelligent Cloud, Patrick Mahomes, Will Daniel, Daniel Ives Ives, Cindy Ord Getty Images Microsoft


'Remain highly cautious': Here's what 3 Wall Street analysts expect when Tesla reports 4th-quarter earnings

Elon Musk. Aly Song/Reuters Tesla is set to report fourth-quarter earnings on Wednesday, and its high-flying stock has investors hoping for stellar figures.Fourth-quarter deliveries already exceeded estimates, and analysts are looking for the automaker to guide for a leap in sales for 2021.Here's what three Wall Street analysts expect from the company's fourth-quarter earnings report.Watch Tesla trade live here.Tesla is scheduled to report fourth-quarter earnings after the market closes on ...
Tags: Elon Musk, China, Berlin, Trends, Tesla, Austin, Shanghai, Reddit, Ubs, Goldman Sachs, Biden, Gamestop, Jpmorgan, EBIT, Ives, Dan Ives


Tesla is about to close the books on its most historic year yet - here's what to expect

Britta Pedersen-Pool/Getty Images Tesla will report its final 2020 earnings report on Wednesday afternoon.  It will likely be the company's first fiscal year of profitability.  Tesla and its leader Elon Musk had a wildly successful 2020 amid the pandemic.  Visit Business Insider's homepage for more stories. 2020 was by all measures a blowout for Tesla.The company delivered its highest number of cars yet, missing Elon Musk's goal of 500,000 by a tiny margin, while its stock price climbed t...
Tags: Transportation, Elon Musk, Texas, News, China, Germany, Trends, Markets, Tesla, Electric Vehicles, Ubs, Earnings, Wedbush, Ives, Tesla earnings, Tech Insider


More Companies Are Joining 'Tech Exodus' From California (slashdot)

This week Digital Reality data center services announced it was also relocating its headquarters from the San Francisco Bay Area to Texas, citing factors like a low cost of living and "supportive business climate". (Though it will still maintain a "significant" presence in the Bay Area.) And Align Technology (makers of the Invisalign orthodontic dental aligners) also announced it had relocated its global corporate headquarters from San Jose, California to Tempe, Arizona, citing a "favorable co...
Tags: Elon Musk, Shutterstock, Texas, News, Nbc, California, Nbc News, Austin, Shervin Pishevar, Miami, Silicon Valley, Houston, Denver, Palantir, Bay Area, San Francisco Bay Area


Apple could soar 25% on 'eye-popping' iPhone sales and strong demand from China in 2021, Wedbush says

Anton Novoderezhkin\TASS via Getty Images Apple shares could surge 25% on robust iPhone deliveries and strong demand from China, Wedbush said.Analyst Dan Ives raised his 12-month price target on Apple to $175 from a prior estimate of $160.The company is expected to smash Wall Street estimates when it reports first-quarter results Wednesday.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Apple's share price could surge as much as 25% on "eye-popping" iPhone sales an...
Tags: Apple, Wall Street, China, Trends, Capitol, Wedbush, TASS, Ives, Cook Co, Getty Images Apple, Dan Ives, Anton Novoderezhkin, China Wedbush, Shalini Nagarajan, Opening Bell Apple, 2021Wall Street


Microsoft will leap another 20% as cloud-computing strength drives strong earnings, Wedbush says

Stephen Brashear/Getty Images Wedbush lifted its price target for Microsoft to $270 from $260 on Sunday, implying a 19.5% climb from Friday's close.Analyst Dan Ives expects the company's Azure platform to drive a strong earnings beat when Microsoft reports quarterly figures on Tuesday.A permanent shift to telework will bolster the cloud product's growth, and the trend is still "in early days of playing out," Ives said.Watch Microsoft trade live here.Microsoft's continued dominance in the c...
Tags: Apple, Amazon, Microsoft, Azure, Trends, Tesla, Reddit, Gamestop, Wedbush, Ives, Winklevoss, Dan Ives, Stephen Brashear, Ben Winck, Getty Images Wedbush


More Companies Are Joining 'Tech Exodus' From California

This week Digital Reality data center services announced it was also relocating its headquarters from the San Francisco Bay Area to Texas, citing factors like a low cost of living and "supportive business climate". (Though it will still maintain a "significant" presence in the Bay Area.) And Align Technology (makers of the Invisalign orthodontic dental aligners) also announced it had relocated its global corporate headquarters from San Jose, California to Tempe, Arizona, citing a "favorable co...
Tags: Elon Musk, Shutterstock, Texas, Nbc, California, Nbc News, Tech, Shervin Pishevar, Miami, Silicon Valley, Houston, Denver, Palantir, Bay Area, San Francisco Bay Area, Austin Texas


Tesla could surge 48% in a bull-case scenario with more than 1 million car deliveries by 2022, Wedbush says

Mason Trinca for The Washington Post via Getty Images Tesla could soar by 48% in a bull-case scenario with the company hitting 1 million vehicle deliveries by 2022, the Wedbush analyst Daniel Ives said in a recent client note.Ives said he expected strong demand from China to continue driving delivery growth for Tesla, and he estimated that "the China growth story" for Tesla was worth at least $100 per share.Tesla could approach 5 million deliveries annually by the end of the decade if the ...
Tags: Washington Post, China, Trends, Markets, Cisco, Tesla, Joe Biden, Trading, Stocks, Stock Market, Wedbush, Ives, Matthew Fox, Daniel Ives, Tesla Stock, Giga