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The Latest Breaking News from Wedbush

Bad news, Tesla bulls: Elon Musk plans to keep running Twitter for the rest of this year

The billionaire entrepreneur said it’s unlikely he’ll be able to choose a suitable successor to run the ailing social media platform until the end of 2023.

Fortune

Tesla Stock On 100% Run From Bear Lows, Analyst Says 'Rally Has Largely Run Its Course'

Tesla stock advanced for eight straight days and gained 68% on the year until Friday. Analysts are signaling the run could end.

Investors Business Daily

Tesla Stock Continues Rally As 59% Of China Vehicles Exported, China Market Share To Favor Tesla: Analyst

Tesla marched higher as data Wednesday shows 59% of its China-made vehicles in January were exported.

Investors Business Daily

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Tesla Stock Rallies 58% YTD, Top Analyst Says Don't Sell Yet

Tesla has gained 91% since Jan. 6 bear-market lows, but this Tesla bull just hiked his stock price target.

Investors Business Daily

The EV wars are here and it's 'now or never' for major players like Ford and GM to gain ground against Tesla, according to Wedbush analyst Dan Ives

“There is a window of opportunity to gain share...and 2023 is a pivotal year that will establish the winners and losers in this EV landscape,” Wedbush tech analyst Dan Ives says amid the industry's price cuts.

Fortune

Dow Jones Regains Key Level; Tesla's 35% Upside; Microsoft, Intel, Tesla, Salesforce, Lam Research And KLA On Deck

Dow Jones rose as the Nasdaq added to its three-week win streak. Wedbush analysts sees 35% upside to Tesla; Microsoft, Salesforce, Tesla on deck.

Investors Business Daily

Microsoft to Cut Staff Again

Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday. The computer industry stalwart could announce layoffs in its engineering divisions as early as Wednesday, Bloomberg News reported. A Microsoft spokesperson…

Asharq Al-Awsat

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Tesla Price Cuts The "Right Medicine At The Right Time:" Analyst

Wedbush analyst Dan Ives argued that lowering prices was the correct strategic move for Tesla, while Guggenheim Securities said it sacrifices gross margins.

InsideEVs

There’s a brewing ‘A.I. arms race’ and Microsoft’s ChatGPT play is ‘a potential game changer,’ Wedbush’s Dan Ives says

Microsoft's proposed investment in OpenAI is a "smart poker move" as A.I. advances, Wedbush's top tech analyst argues.

Fortune

Tesla’s ‘Cinderella ride’ is over, and demand is ‘starting to crack,’ Wedbush’s Dan Ives says. Here’s what could come next

“The Cinderella ride is over for Tesla, and Musk now needs to navigate the company through this Category 5 dark macro storm,” Tesla bull Dan Ives wrote in a Tuesday note.

Fortune

'Time to end this nightmare': Tech analyst Dan Ives says Elon Musk’s time as Twitter CEO is likely over—and it’s great news for his other spiraling company

Wedbush’s Dan Ives is celebrating the likely end of Elon Musk’s reign as Twitter CEO, arguing it was a “nightmare” for Tesla investors.

Fortune

Elon Musk is using Tesla as his personal ‘ATM machine’ after cashing out another $3.5 billion in stock. It's a 'train wreck situation,’ Wedbush’s Dan Ives says.

“Investor frustration is building as the Musk brand has quickly deteriorated over the past six months,” the influential tech analyst wrote. "The Twitter nightmare continues."

Fortune

'The clock has struck midnight in China': Wedbush analyst Dan Ives says Apple needs a new plan after major iPhone supply chain disruptions

By 2025, 50% of iPhone production could be in these two countries instead, according to Wedbush tech analyst Dan Ives.

Fortune

Black Friday shoppers set for shortages of new iPhones because of supply issues

Consumers looking for a new iPhone 14 over the Black Friday shopping period may be out of luck, as experts say Apple shortages might last for the rest of the year

Daily Mirror

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Investors Business Daily

Why Elon Musk's 'Dark Comedy Show' Unnerves This Long-Time Tesla Stock Bull

Tesla stock roared Thursday, but Wedbush analyst Dan Ives warned Elon Musk's Twitter's "dark comedy show" is hurting the Tesla brand.

Benzinga

Tesla Bull Yanks Off EV Maker From Wedbush's 'Best Ideas' List Amid Elon Musk's 'Twitter Antics'

Tesla Inc.

Fortune

Elon Musk enrages Tesla investors, selling $4 billion in stock when they least expected it

Wedbush Securities tech analyst Dan Ives complained on Wednesday that Musk threw Tesla investors a curveball after claiming he was done selling stock.

Benzinga

AMC Entertainment Q3 Earnings Preview: Apes Face Potentially Weak Quarter Riddled With 'Release Slate Holes'

AMC Entertainment Holdings Inc (NYSE: AMC) is set to report its third-quarter financial results on Tuesday.

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Benzinga

Bloated And Burning Cash: Why This Analyst Doesn't Love Car Retailer Stock Carvana

“Deterioration in market conditions, a bloated cost structure, and high cash burn” are causing Wedbush analysts to foresee a darker future for used car dealer Carvana Co. (NYSE: CVNA).

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2022

Upgrades

Benzinga

Is The Rivian Recall Just A 'Speed Bump' For The Amazon-Backed EV Company?

Rivian Automotive Inc (NASDAQ: RIVN) shares ran into a speed bump Monday morning after the company announced a voluntary recall of mo

StockNews.com

1 High-Risk Stock to Avoid in the Current Market Environment

Shares of television streaming company fuboTV (FUBO) have slumped more than 70% in price year-to-date. The company has also reduced its guidance for fiscal 2022. And considering its deteriorating financials and low profitability, it could be wise to avoid this high-risk growth stock now. Continue reading….

Benzinga

Twitter Analyst Reacts To Elon Musk Dodging 'Game Of Thrones' Court Battle: 'Writing Was On The Wall'

Shares of Twitter Inc (NYSE: TWTR) surged Tuesday after it was reported that Tesla Inc (NASDAQ:

Benzinga

'Negative Short-Term Catalyst': Take-Two Hack Leaves Analysts Agape On 'Grand Theft Auto 6' Game Leak

The highly anticipated Grand Theft Auto 6 video game from Take-Two Interactive Software Inc (NASDAQ: TTWO) was officially confirmed by the company earlier this year b

StockNews.com

1 Stock to Sell Before It Falls Even Lower

Television streaming platform fuboTV (FUBO) is trading more than 85% below its 52-week high. Despite the company’s positive guidance for the long term, analysts don’t expect the company to turn profitable anytime soon. So, we think it could be wise to sell the stock before it tumbles further. Read on….

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