Daniel Ives

Twitter owner Elon Musk disclosed late on Tuesday that he has sold about $4 billion worth of shares in his electric vehicle company Tesla Inc. (NASDAQ: TSLA). The Tesla Analyst: Commenting on the development, Wedbush analyst Daniel Ives maintained an Outperform rating and $300 price target for...

Elon Musk sold about $4 billion worth of Tesla Inc. (NASDAQ: TSLA) shares since Friday, and the news will likely weigh down on the beaten-down stock. Advertisers’ Pause Catch Musk Unawares, Says Munster: The recent disposals represent about 3% of Musk’s holdings, Loup Funds’...

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday. Here is a look at where analysts stand after the earnings report. The Lyft Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on Lyft and lowered the price target from $...

Apple, Inc. (NASDAQ: AAPL) announced on Sunday that the supply of its iPhone 14 Pro, Pro Max would be impacted by the COVID-19 curbs in Zhengzhou, China, where the assembly plant of its supply-chain partner Hon Hai Precision Manufacturing Company Limited (OTC: HNHPF) is located. What Happened: The...

The long-awaited, $44 billion deal between Twitter Inc. (NYSE: TWTR) and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is expected to close this week. In addition to ending a dramatic back-and-forth between both parties, the announcement is expected to lift an overhang on Tesla shares. Several...

After a few tech earnings disappointments, traders are looking ahead at Apple Inc. (NASDAQ: AAPL), which is scheduled to release its fiscal year fourth-quarter results on Thursday after the market close. Key Q4 Metrics To Watch Out For: Amid the macroeconomic and geopolitical uncertainties, Apple...

Technology giant Microsoft Corporation (NASDAQ: MSFT) reported first quarter revenue and earnings per share that came in ahead of Street estimates. Here’s why analysts are adjusting price targets down after the first quarter report. The Microsoft Analysts Wedbush analyst Daniel Ives has an...

General Motors Company (NYSE: GM) Tuesday reported strong third-quarter earnings that beat Street expectations, although with a slight revenue growth miss. The Detroit stalwart was able to deliver solid results despite a very challenging supply chain environment and softer consumer backdrop,...

Microsoft Corporation (NASDAQ: MSFT) is scheduled to report first-quarter results Tuesday after the market close. The Microsoft Analyst: Wedbush analyst Daniel Ives maintained an Outperform rating and $320 price target for Microsoft shares ahead of the print. The analyst also named the stock...

Tesla Inc (NASDAQ: TSLA) reported record revenue, operating margins and free cash flow in the third quarter. The company missed analyst revenue estimates. On Thursday, The Street is reacting to the quarterly results — and adjusting price targets down. The Tesla Analysts: Morgan Stanley...

DocuSign Inc.’s (NASDAQ: DOCU) stock has limited downside as the negative catalysts have already played out, according to Wedbush. The Analyst: Daniel Ives upgraded the rating for DocuSign from Underperform to Neutral, while maintaining the price target at $55. The Thesis: The stock has lost...

Advanced Micro Devices Inc. (NASDAQ: AMD) shares moved sharply to the downside in after-hours trading on Thursday after the chipmaker warned of a revenue shortfall. What Happened: AMD's predicament isn’t likely to be a one-off event. South Korean electronics and chip manufacturer...

An analyst is using a food analogy to describe the potential of the world’s richest man needing help to finance his acquisition by selling shares of leading electric vehicle company Tesla Inc (NASDAQ: TSLA). What Happened: On Tuesday, it was announced Tesla CEO Elon Musk sent a new...

Elon Musk on Tuesday renewed his interest in Twitter Inc. (NYSE: TWTR) for the originally agreed-upon deal value of $44 billion. What Happened: Neither party has so far asked to put the lawsuit filed in the Delaware Chancery Court on hold, prompting Judge Kathaleen McCormick to rule on Wednesday...

Big news came out Tuesday that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has had a change of heart and submitted a renewed offer to acquire social media platform Twitter Inc (NYSE: TWTR) at the original $54.20 per-share price he walked away from. Benzinga talked to a merger and arbitrage expert...