Posts filtered by tags: Wedbush[x]


 

Square to acquire Afterpay in $29B all-stock deal

Square is acquiring Afterpay in a $29 billion all-stock deal. Wedbush Analyst Moshe Katri joins Yahoo Finance Live to discuss.
Tags: Wedbush, Moshe Katri


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


Cathie Wood's Ark Invest is rapidly shedding Chinese stocks as Beijing's regulatory crackdown expands

Cathie Wood is the CEO and chief investment officer of ARK Invest, which runs three of the highest-returning stock ETFs of the last three years. ARK Invest Cathie Wood's Ark Invest is quickly selling Chinese stocks from their suite of ETFs.The rapid selling from Ark Invest comes amid an ongoing regulatory crackdown from Beijing.ARK Invest has sold its entire position in Tencent on Friday, and is selling KE Holdings and JD.com.Sign up here for our daily newsletter, 10 Things Before the O...
Tags: Google, China, US, Trends, Beijing, Alibaba, Tencent, Wood, Wedbush, Didi, Matthew Fox, Amazon Apple Microsoft, Dan Ives, Cathie Wood, ARK Invest, Ant Group


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


Netflix's big gaming plans aren't really about creating video games, according to a Netflix job listing

Netflix co-CEO Reed Hastings at a news conference in Toronto, Canada on September 22, 2010. REUTERS/ Mike Cassese Netflix reportedly has major plans to add video games to its wildly popular streaming service. Those games could arrive on Netflix as soon as next year, according to Bloomberg. But what kind of games should users expect? A Netflix job listing draws a pretty clear picture. Visit the Business section of Insider for more stories. With over 200 million paid subscribers worldwide, ...
Tags: Gaming, Hollywood, Video Games, Entertainment, Trends, Bloomberg, EA, Netflix, Black Mirror, Reed Hastings, Toronto Canada, Wedbush, Ben Gilbert, Michael Pachter, Tech Insider, Pachter


Peloton drops as Wedbush downgrades the fitness company on concerns gym reopenings will boost competition

Courtesy Peloton Peloton shares pulled back 5% on Wednesday after a downgrade to neutral from Wedbush. The company is facing headwinds from gym reopenings and further competition from at-home fitness companies. The 12-month price target was cut to $130 from $115. See more stories on Insider's business page. Peloton shares fell Wednesday following a ratings downgrade to neutral at Wedbush, which sees the company facing slower demand as more options for exercise become available with...
Tags: Google, Fitness, Trends, Markets, Bloomberg, Economy, Gyms, Wedbush, James Hardiman, Peloton, Carla Mozee, COVID-19, Covid And Stocks, PTON stock, Peloton stock, MI Exclusive


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


Leaker: LiDAR Scanner to Remain Exclusive to iPhone 13 'Pro' Models This Year

Apple looks increasingly unlikely to expand its LiDAR Scanner to the entire iPhone 13 lineup this year, despite some rumors to the contrary. The LiDAR Scanner is a small sensor that uses 3D sensing to measure the distance to surrounding objects up to five meters away. This technology allows for enhanced augmented reality experiences and other unique capabilities, such as the ability to measure a person's height instantly. Apple introduced the LiDAR scanner on the iPad Pro in March 2020, and ...
Tags: Apple, Barclays, Wedbush, Ming Chi Kuo, Kuo, Daniel Ives, Ross Young, iPhone 13, LiDAR Scanner, Dylandkt


GM could soar 50% as the auto maker trades more like a tech company in coming years, Wedbush says

GM's Chevrolet Volt hybrid car charges at a parking garage. AP Photo/Richard Vogel GM shares could pop up by about 50% over the next 12 months, Wedbush analysts say. Investors may start seeing GM more as a play on disruptive technology and less of a traditional auto maker. Analyst Dan Ives set a 12-month price target of $85 per share. See more stories on Insider's business page. General Motors shares could jump by nearly 50% over the next year as the automaker's plans for pr...
Tags: Amc, US, Trends, General Motors, Markets, Mary Barra, Gm, Electric Cars, Chevrolet Volt, Mary, Wedbush, Chevrolet Buick, Carla Mozee, Dan Ives, GM Stock, EV market


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 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


US stocks trade mixed with Nasdaq at a record high as investors weigh recovery signals

REUTERS US stocks close mixed on Wednesday, with the Nasdaq hitting a record high The yield on the US 10-year Treasury note was little changed at 1.492%. Bitcoin staged a rebound, clawing back above $34,000. Oil and gold were up, while lumber fell. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks closed mixed on Wednesday, with the S&P 500 making turning lower late in the day while the Nasdaq ended at a record high. "US stocks are stabilizing as investor...
Tags: Supreme Court, Microsoft, US, Trends, Opec, Bitcoin, Treasury, Crypto, West Texas Intermediate, Nasdaq, Major League Baseball, Equities, Coinbase, Fed, Freddie Mac, Wedbush


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 $2 Trillion Market Cap

Microsoft's market capitalization hit $2 trillion for the first time. GeekWire reports: The Redmond, Wash.-based tech giant trails only Apple among the world's most valuable companies. Apple became the first publicly traded U.S. company to reach the $2 trillion mark in August. Fellow Seattle-area giant Amazon, valued Tuesday at $1.77 trillion, is also approaching the $2 trillion club. Microsoft stock was up 1.1% Tuesday and is up more than 20% this year. The company continues to see growing de...
Tags: Apple, Amazon, Microsoft, Tech, Aws, Seattle, Wedbush, Nuance Communications, Pinterest Read


When Can We Expect the Redesigned MacBook Pros Now?

With no sign of redesigned MacBook Pro models at this year's WWDC, when can customers expect the much-anticipated new models to launch? A number of reports, including investor notes from Morgan Stanley and Wedbush analysts, claimed that new MacBook Pro models would be coming during this year's WWDC. This did not happen, much to the disappointment of MacBook Pro fans, who have been anticipating redesigned machines with Apple silicon chips. The "M2" chip purportedly destined for the next-gener...
Tags: Apple, Featured, Bloomberg, Macbook, MacBook Air, Morgan Stanley, Mark Gurman, Macbook Pro, Don, Wedbush, DigiTimes, MacBook Pros, TrendForce, MacBook Pro 13, MacBook Pro Don, Macbook Pro 16


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


US stocks move lower as investors see hotter inflation and higher rates on the horizon

A trader on the floor of the New York Stock Exchange. JOHANNES EISELE/AFP via Getty Images The S&P 500 and the Dow Jones Industrial Average turned lower during Monday's session. Investors are anticipating the consumer price inflation reading for May to accelerate from an already multi-year high. A rally in shares of so-called meme stock AMC resumed. See more stories on Insider's business page. US stocks mostly moved lower Monday as investors prepared to see a potential kick high...
Tags: China, Amc, US, Trends, Markets, Tesla, Economy, Food And Drug Administration, Treasury, Stocks, Janet Yellen, US Treasury, West Texas Intermediate, Republican, S&P 500, Dow Jones Industrial Average


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


Research firm raises price target on AMC stock, but still thinks it's dropping to $7.50

"AMC has made the best of its current 'Meme Stock' status by selling shares at a premium," Wedbush said.
Tags: Amc, Wedbush


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


Apple to Announce Redesigned 14-Inch and 16-Inch MacBook Pro at WWDC, Says Wedbush Analyst

Apple plans to announce its long-rumored 14-inch and 16-inch MacBook Pro with Apple silicon at WWDC, taking place in less than five days, according to Wedbush analyst Daniel Ives. In a note to investors seen by MacRumors, Ives says alongside the normally expected announcement of new versions of iOS, iPadOS, macOS, watchOS, and tvOS, Apple is planning a "few surprises," including the announcement of the new MacBook Pros. The analyst, who has made , says the M1 Apple silicon chip will power th...
Tags: Apple, Featured, Bloomberg, Mark Gurman, Wwdc, Apple Inc, Wedbush, Ives, MacBook Pros, MacBook Pro MacBook Air, Daniel Ives, MacBook Pro 13, MacBook Pro Don, Macbook Pro 16, Jon Prosser, Wedbush Analyst


Nvidia climbs to record high as CEO says he's confident regulators will approve Arm acquisition

Jensen Huang, CEO of Nvidia Nvidia; Skye Gould/Insider Nvidia stock climbed over 3% on Wednesday to a record high of more than $670 per share. The jump came after CEO Jensen Huang said he is confident UK regulators will approve the Arm acquisition by next year. Nvidia's takeover of the chip designer Arm is under review on "national security grounds" by UK regulators. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Nvidia stock climbed to a record high of over ...
Tags: UK, Softbank, Digital, Trends, Nvidia, Taipei, Gpu, Computex, Wedbush, Huang, Evercore, Nvidia Nvidia, Jensen Huang, Piper Sandler, Oliver Dowden, Will Daniel


Netflix apparently wants to break into the video game business. Experts say that's a bad idea.

Netflix co-CEOs Reed Hastings, left, and Ted Sarandos, right. Getty Netflix is reportedly fishing around for a major video game business executive to hire. The company intends to expand its gaming efforts - to break into the lucrative video game industry. That initiative is likely to fail, given the history of tech and entertainment companies in gaming. Visit the Business section of Insider for more stories. With over 200 million paid subscribers worldwide, Netflix is an absolute behemoth....
Tags: Apple, Google, Amazon, Gaming, Facebook, Hollywood, News, Microsoft, Video Games, Entertainment, Marvel, Disney, San Francisco, Trends, EA, Analysis


Salesforce stock could jump 32% after 'beat and raise' quarter, Wedbush says

Noam Galai/Contributor/Getty Images Salesforce stock surged on Friday after the company beat analysts' revenue and earnings estimates. The firm also raised its guidance and now expects $26 billion of revenue for financial year 2022. Dan Ives of Wedbush says Salesforce stock will jump 32% from Thursday's closing price to $300. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Salesforce stock surged on Friday after the company posted a "beat and raise specia...
Tags: Trends, Salesforce, Marc Benioff, Wedbush, GAAP, Ives, Benioff, Noam Galai, Dan Ives, Dan Ives of Wedbush, Getty Images Salesforce, Will Daniel, Things Before the Opening Bell Salesforce


Only a tiny proportion of Peloton customers will return their recalled treadmills despite safety concerns, a new survey suggests

Peloton's high-tech running machine. Peloton Peloton voluntarily recalled its two treadmill models earlier this month. The company said it expected the recall, of about 130,000 machines, to be a $165 million hit to its future revenue. But evidence is mounting that few users plan to return the machines, despite safety concerns. See more stories on Insider's business page. Peloton recalled around 130,000 of its pricey treadmills earlier this month - but evidence is mounting that, des...
Tags: News, Fitness, Trends, Retail, Wedbush, US Consumer Product Safety Commission CPSC, CPSC, Peloton, Home Fitness, Peter Shankman, Peloton Peloton, Peloton Tread, Tread, Mary Hanbury, Peloton Tread and Tread, Peloton treadmill recall


Zscaler stock jumps 15% after the company reveals a revenue and billings surge in its latest earnings report

Zscaler CEO Jay Chaudhry Zscaler Zscaler stock jumped as much as 15.45% on Wednesday. The rise came after a 60% jump in revenue and a 71% increase in billings in the fiscal third quarter. Zscaler also increased its fiscal year 2021 after the quarter, citing a strong strategic position. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Zscaler stock jumped as much as 15.45% on Wednesday after the company reported strong fiscal third-quarter earnings, topping revenue ...
Tags: Trends, Zscaler, Wedbush, BMO Capital Markets, GAAP, Ives, San Jose California, Chaudhry, Wedbush Securities, Dan Ives, Jay Chaudhry, Will Daniel, Jay Chaudhry Zscaler Zscaler, Things Before the Opening Bell Zscaler


Ford climbs 9% after saying it will boost electric-vehicle spending to $30 billion by 2025

Photo by Bill Pugliano/Getty Images Ford climbed as much as 9% Wednesday after revealing plans to boost its electric-vehicle investment to $30 billion by 2025. The automaker also said it expects electric vehicles to make up 40% of its global sales by 2030. The announcements were made during Ford's Investor Day, its first under CEO Jim Farley. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Ford Motor climbed as much as 9% on Wednesday after the auto...
Tags: Electric Vehicle, US, Trends, Markets, Tesla, Joe Biden, Ford, Ford Motors, Toyota, Ford Motor, Wedbush, Farley, Volkswagen General Motors, Jim Farley, Jen Psaki, Jim Farley Ford


Bank of America lowers its Tesla price target to $700, citing the fading efficacy of equity offerings as the company's stock dips

Roxanne Liu/Reuters Bank of America lowered its price target on shares of Tesla to $700 from $900 on Friday. Analysts led by John Murphy, CFA cited the fading efficacy of Tesla's equity offerings. Those offerings are still a "much-needed" source of funding, according to BofA. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bank of America lowered its Tesla price target to $700 from $900 on Friday, citing the firm's diminished ability to "utilize its stock...
Tags: Elon Musk, Congress, China, Trends, Markets, Tesla, Bank Of America, Beijing, Murphy, John Murphy, Raymond James, Wedbush, EBITDA, BofA, CFA, Tesla Stock