The Latest Breaking News from Wedbush Securities

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

Wedbush Securities analysts predicted about 20% of the world’s population will access AI through an Apple device over the coming years.

Nvidia surpassed Apple to become the world’s largest company as AAPL shares continue to trade weakly.

Tesla is an electric vehicle leader that has reclaimed its all-time high in 2024, shortly after Donald Trump's successful presidential bid.

Tesla Inc. could see significant workforce changes if California Governor Gavin Newsom proceeds with excluding the company from a proposed electric vehicle consumer rebate program, according to Dan Ives, senior equities analyst at Wedbush Securities.

Wedbush Securities' Daniel Ives upgrades Snowflake and Elastic to Outperform, raises price targets for Palantir and Salesforce due to projected AI-driven growth and enterprise adoption.

Wedbush Securities has issued an endorsement of the artificial intelligence software sector, with Managing Director Dan Ives predicting that 2025 will be a pivotal year for AI implementation across the industry. This comes as Palantir Technologies Inc. continues its remarkable ascent, having surged 288% year-to-date.

Wedbush Securities’ Dan Ives believes a second Trump administration is a massive boost for Tesla's "full self-driving" software.

Tesla earnings surprised with a gain, though revenue fell short. Tesla stock jumped late, with Elon Musk bullish on the conference call.

OpenAI and Nvidia are at the forefront of the AI revolution, according to Dan Ives.

The company known for its chicken wings has been in business for 30 years.