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The Latest Breaking News from Wedbush Ives

Elon Musk's Tesla surrenders EV sales crown to BYD after worst quarter in nearly three years

Tesla's EV deliveries fell 13% to 336,700 vehicles over Q1 of last year, far fewer than arch-rival BYD, as CEO Elon Musk's crisis deepens.

Tesla enters new year with laundry list of promises to fulfill after shocking market with first annual sales decline

Tesla enters new year with laundry list of promises to fulfill after shocking market with first annual sales decline

Elon Musk’s carmaker enjoyed an epic bull run since Trump’s election. Now he needs to prove he can in fact deliver on his 2025 milestone targets.

Stock Market Today: S&P 500 Tops 6K as Election Rally Endures

Stock Market Today: S&P 500 Tops 6K as Election Rally Endures

The S&P 500 closed just below the 6,000 mark on Monday.

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Why Tesla Stock Could Benefit from a Possible Trump Presidency

Tesla's stock could benefit from a potential Trump presidency, thanks to Elon Musk's reported relationship with Trump and the company's strong domestic manufacturing presence.

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.

Top AI Stocks To Watch as Wedbush Predicts Eye-Opening Q3 Earnings

Wedbush analyst Dan Ives believes Q3 tech earnings could lift the sector 12-15% higher, which means Wall Street may be underestimating the AI growth potential for leading stocks like Crowdstrike, Microsoft, Amazon, and others.

Tesla launched an EV price war. How Ford is firing back

In January, Tesla Inc. launched the opening salvo in what experts have described as an EV price war when it slashed its pricing by as much as 20%.

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'Target on its back:' How Tesla's woes could benefit competitors like GM, Ford

After Tesla Inc.'s shares closed their worst year ever, they continued to fall Thursday — a clear signal of investor concerns swirling around the leading electric-vehicle maker even as competitors like General Motors Co. and Ford Motor Co. look to steal some of its business in 2023.

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Can Apple Weather Industry-Wide Softness And Lift Markets As It Reports Q4 Earnings Today?

Can Apple Weather Industry-Wide Softness And Lift Markets As It Reports Q4 Earnings Today?

After a few tech earnings disappointments, traders are looking ahead at Apple Inc.

Labor Department Proposal On Gig Workers Hits These Businesses

Labor Department Proposal On Gig Workers Hits These Businesses

Uber stock, as well as Lyft and DoorDash, dropped on a Labor Department proposal that could reclassify millions of gig workers.

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