The Latest Breaking News from Wedbush

Apple stock soared to a new 52-week high on Tuesday, closing at $242.65, despite a general market slowdown.

Apple's ambitious smart home strategy, centered on a delayed display-equipped HomePod with advanced features, signals a major product repositioning akin to the Apple Watch's evolution, while Cupertino eyes further expansion with AI-driven devices and smart home integration by 2026.

Dan Ives, a Wedbush analyst, has reaffirmed his $75 price target for Palantir, citing strong growth potential driven by its AI advancements and software solutions, despite skepticism from some market analysts.

Tesla Inc (NASDAQ:TSLA) shares are trading lower on Monday. Reports indicate Tesla vehicles would not be eligible for rebates under a new California consumer rebates proposal.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Wedbush analysts expressed heightened optimism about the software sector's role in the evolving AI Revolution, projecting growth into 2025.

U.S. stocks could get off to a positive start on Monday amid upbeat investor sentiment spurred the Dow Jones to close at a new record high on Friday.

Musk seems to favor pulling up the ladder that he used to climb the auto industry.

Wedbush, for one, issued a Street-high price target for Cava stock after its beat-and-raise quarter. Here's what you need to know.