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The Latest Breaking News from Wedbush

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

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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

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.

Fortune

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.

Kiplinger

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.

Fortune

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.

Kiplinger

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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."

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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.

Barchart

Is Palantir Stock a Buy on Its Microsoft Partnership?

Palantir Technologies stock surged 6% after announcing a crucial partnership with Microsoft to boost AI and analytics services for U.S. government agencies, sparking a fresh wave of investor interest and optimism about the company's growth potential.

Barchart

How High Can Palantir Stock Rise After Earnings?

With Palantir already soaring double-digits after a standout Q2 report, how high can this stock fly?

Fortune

Google’s unlawful grip on search could shatter its market dominance

The best-case scenario for Google is that it wins its appeal; the unlikely worst-case scenario is that competitors launch their own search engines.

Kiplinger

Is Palantir Stock a Buy After Its Beat-And-Raise Quarter?

Palantir stock is rallying Tuesday after the data analytics firm beat Q2 earnings estimates and raised its full-year outlook. Here's what you need to know.

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