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The Latest Breaking News from Wedbush

Best Buy Stock Is Sinking After Earnings. Here's Why

Best Buy is one of the worst S&P 500 stocks Tuesday after the retailer missed quarterly earnings expectations and slashed its full-year forecast.

Kiplinger

Dan Ives Defends $75 Palantir Target Amid AI Revolution And Revenue Surge: 'Haters Will Continue To Hate' (CORRECTED)

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.

Benzinga

What's Going On With Tesla Stock Today?

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.

Benzinga

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Salesforce To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Monday

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.

Benzinga

Snowflake Surges In Pre-Market On Monday: What's Going On?

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

Benzinga

US Stocks Likely To Open On A Positive Note As Trump's Treasury Secretary Pick Uplifts Investor Sentiment: Expert Says 'Bull Market Is Alive And Well'

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.

Benzinga

Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk's competition, analysts say

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

Fortune

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Cava Stock: Analysts Rush to Raise Price Targets After Earnings

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.

Kiplinger

Trump rally takes Tesla above $350, bulls tout firm's AI promise

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

Fortune

Pinterest Stock Is Falling Despite an Earnings Beat. Here's Why

Pinterest stock is spiraling Friday as the DIY social media site's weak outlook offsets stronger-than-expected Q3 earnings.

Kiplinger

Lyft Stock Is Soaring After Earnings. Here's Why

Lyft stock is rallying Thursday after the ride-sharing firm reported strong Q3 earnings and raised its full-year outlook. This is what you need to know.

Kiplinger

Apple Stock Slips After Earnings. Wall Street Isn't Worried

Apple stock is trading lower Friday despite the iPhone maker beating expectations for its fiscal fourth quarter, but analysts are still bullish.

Kiplinger

Is Uber Stock a Buy, Hold or Sell After Earnings?

Uber stock is sinking Thursday after the ride-hailing firm came up short of a key Q3 metric, but analysts have yet to adjust their ratings. Here's what you need to know.

Kiplinger

Why Microsoft Is the Worst Dow Jones Stock After Earnings

Microsoft stock is sinking Thursday even after the tech giant reported higher-than-expected earnings for its fiscal first quarter. Here's what you need to know.

Kiplinger

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Fortune

Should you buy Tesla stock now? The EV maker is ‘charging up for the next wave of growth’

Bank of America rates Tesla stock a buy, Morgan Stanley calls it a top pick, and Wedbush puts it at outperform. But JPMorgan has it at underweight.

Kiplinger

Is Tesla Stock a Buy After Blowout Earnings?

Tesla stock is rallying after the EV maker's Q3 profits topped estimates and CEO Elon Musk gave an upbeat outlook for next year's deliveries. Here's what Wall Street is saying.

Fortune

Corporate adoption is turbocharging the AI market, says top tech analyst

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

Kiplinger

GameStop Sinks on Revenue Drop, Stock Offering: What to Know

GameStop stock is plunging Wednesday after the video-game retailer said sales declined in Q2 and that it's selling shares to raise cash.

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Kiplinger

Apple Stock Drops on News of Hefty Irish Tax Bill: What to Know

Apple stock is down Tuesday after the European Union ruled the tech giant must pay Ireland 13 billion euros in back taxes. Here's what that means for investors.

Kiplinger

Apple Stock's a Buy Ahead of Apple Event 2024

Apple stock is on Wall Street's radar ahead of the tech giant's annual September product event, which begins on Monday. Here's what analysts are saying and what you can expect to see.

Kiplinger

Why Dick's Sporting Goods Stock Is Down After a Beat-And-Raise Quarter

Dick's Sporting Goods stock is lower Wednesday even after the retailer topped Q2 expectations and raised its full-year outlook. Here's what you need to know.

Fortune

Top tech bull compares Nvidia to LeBron James in high school with AI boom accelerating

"They came, they delivered," Wedbush's Dan Ives said after Nvidia reported earnings. "And I think for tech, this is going to put fuel in that rally."

Kiplinger

Affirm Nears Profitability and Wall Street Is Cheering

Affirm stock is rallying Thursday after the BNPL firm reported strong results and said it expects to turn a profit by the end of this fiscal year. Here's what you need to know.

Fortune

Wingstop bucks fast-food slump with 5-year share price up 300%—and NFL season on the way

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

Kiplinger

Palo Alto Networks Pops on Earnings Beat, Stock Buyback News

Palo Alto Networks stock is higher Tuesday after the cybersecurity firm reported solid earnings and boosted its stock buyback plan. Here's what you need to know.

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