-
Apple Down 25%, Meta 65%, Amazon 49% As Tech Stocks Hit Rough Patch In 2022: 4 Factors That Could Work In Sector's Favor In 2023
Monday, December 26, 2022 - 11:49am | 1319Read More...Tech stocks just had their annus horribilis. The sell-off in the space was so indiscriminate that most shed billions or millions from their market capitalizations. The tech-heavy Nasdaq Composite Index has lost almost twice as much as the broader S&P 500 Index, underlining the skewed nature of...
-
Tesla Short Sellers Have $15B In 2022 Profits, And They Are Still Piling On
Friday, December 23, 2022 - 12:07pm | 776Read More...Tesla Inc (NASDAQ: TSLA) shares opened lower once again on Friday after making new multi-year lows on Thursday, continuing to be one of the most profitable stocks in the market for short sellers. This week, S3 Partners released an updated report on the most profitable stocks of the year for...
-
Elon Musk 'Asleep At The Wheel:' Analyst Lists 4 Factors That Can End Tesla Investors' Nightmare
Friday, December 23, 2022 - 2:54am | 498Read More...The Tesla Inc. (NASDAQ: TSLA) sell-off continues with no end in sight. There could be more negative news down the line, according to Wedbush analyst Daniel Ives. The Tesla Analyst: Ives maintained his Outperform rating on Tesla shares but reduced the price target from $250 to $175. The Tesla...
-
20% Stock Rally, Rising M&A Activity, Apple's AR Glasses, Incremental Job Cuts And More: Analyst Shares Christmas Wish List For Tech Sector
Monday, December 19, 2022 - 7:31am | 800Read More...Tech stocks have been among the worst performers in the current market downturn and investors are hoping that the new year will bring a reversal in sentiment. Against this backdrop, Wedbush analyst Daniel Ives outlined his Christmas wish list for the sector. 1. Abounding M&A News Flow:...
-
Elon Musk's 'Self-Inflicted Issues' Hurting Tesla: Analyst Says EV Maker's Board Needs To Do This Immediately To Control Damage After CEO's Latest Stock Sale
Thursday, December 15, 2022 - 6:49am | 554Read More...A rumor Future Fund co-founder Gary Black highlighted in a tweet on Tuesday became a reality, with Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk disclosing the sale of another tranche of shares in the electric vehicle company. ‘Sloppiness’ On Full Display, Says Black: Musk sold...
-
Jim Farley Drops Subtle Comparison To Tesla — As 64% Ford Dealers Join EV Sales Program
Tuesday, December 6, 2022 - 7:32am | 546Read More...Ford Motor Company (NYSE: F) has charted for itself an ambitious electric vehicle transition plan and it appears that Blue Oval has enlisted the support of a majority of its dealers for its Model e EV program. What Happened: About 1,920 Ford dealers have enrolled for the Model e program that runs...
-
Apple In A Rush To Diversify iPhone Production Out Of China — Analyst Says Hold Your Horses, It Won't Be That Easy
Monday, December 5, 2022 - 7:03am | 334Read More...Apple Inc. (NASDAQ: AAPL) is looking to quickly reduce its iPhone production exposure to China, Wall Street Journal reported over the weekend. The transition may not come easy for Cupertino, according to an analyst. The Apple Analyst: Apple analyst Daniel Ives maintained an Outperform rating and $...
-
8 Zscaler Analysts Offer Their Takes On Q3 Print: Why The Company May 'Need To Tread Carefully Throughout FY23'
Friday, December 2, 2022 - 11:15am | 871Read More...Zscaler Inc.’s (NASDAQ: ZS) shares traded higher in the after-hours session on Thursday, following the company’s fiscal first-quarter print. Zscaler reported revenues of $355.55 million and earnings of 29 cents per share, with both matrices topping consensus estimates. Stephens On...
-
As iPhone City Emerges Out Of Lockdown, Apple Analyst Mulls On Production And Cupertino's Future In China
Wednesday, November 30, 2022 - 9:53am | 451Read More...Following widespread protests, China lifted the lockdown in Zhengzhou — called iPhone city — where Apple Inc.'s (NASDAQ: AAPL) supplier Hon Hai Precision Manufacturing Company Limited's (OTC: HNHPF) main assembly factory is located. Good News For Apple: The...
-
Apple Analyst Says China COVID Policy Reaching Tipping Point: How iPhone Sales Will Be Impacted
Monday, November 28, 2022 - 9:35am | 329Read More...Apple, Inc. (NASDAQ: AAPL) shares are trading lower in premarket trading on Monday after widespread protests broke out in China, which is its major production hub. The Apple Analyst: Wedbush analyst Daniel Ives maintained an Outperform rating and $200 price target for Apple shares. The Apple...
-
Apple Analyst Sees iPhone Sales Tanking 20% On Black Friday Weekend As Production Hit — Woes Could Last Through Christmas
Wednesday, November 23, 2022 - 10:17am | 437Read More...Apple Inc.’s (NASDAQ: AAPL) newest iPhone iteration will be in short supply for the Black Friday holiday weekend, an analyst at Wedbush said. The Apple Analyst: Daniel Ives has an Outperform rating and $200 price target for Apple shares. The Apple Thesis: The iPhone 14 demand is way ahead...
-
'Darker Macro' Awaits As Amazon, Google, Meta Forced To Cut Costs After 'Hypergrowth' Phase: Analyst Says What's Next For Tech Stocks
Thursday, November 17, 2022 - 9:30am | 822Read More...Big techs are laying off personnel and freezing hiring for the first time in over a decade, with Amazon Inc. (NASDAQ: AMZN) and Meta Platforms Inc. (NASDAQ: META) in particular starting bigger job cuts. This portends to a further slowdown in growth, Wedbush analyst Daniel Ives said in a note....
-
Elon Musk's Personal Actions Put Investors At Risk, Tesla Bull Re-Ups 2018 Letter
Monday, November 14, 2022 - 1:42pm | 868Read More...The extra workload coupled with the overhang on Tesla Inc (NASDAQ: TSLA) shares from CEO Elon Musk's selling a portion of his stake in the electric vehicle company to help finance the $44 billion acquisition of Twitter puts "investors at risk." That's according to Loup Funds...
-
Rivian Heads In The Right Direction: Anaysts Lower Price Targets, Remain Cautiously Optimistic
Thursday, November 10, 2022 - 12:29pm | 663Read More...Electric vehicle Rivian Automotive (NASDAQ: RIVN) recently shared updates on production on the heels of its third-quarter financial results. Here are the reactions from analysts: Wedbush analyst Daniel Ives has an Outperform rating and lowers the price target from $45 to $37. D.A. Davidson analyst...
-
Tesla Bull Yanks Off EV Maker From Wedbush's 'Best Ideas' List Amid Elon Musk's 'Twitter Antics'
Thursday, November 10, 2022 - 9:07am | 532Read More...Tesla Inc. (NASDAQ: TSLA) bull and Wedbush analyst Daniel Ives, who has been highly critical of Elon Musk’s Twitter buy, said on Thursday he is removing the electric vehicle maker from the firm’s “Best Ideas” list. Bullish View Intact: Ives maintained an Outperform rating...
















