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The Latest Breaking News from Wedbush

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

Morgan Stanley Analysts mull Rivian, Ford; Tesla bulls confident into wild week

MS analyst Adam Jonas thinks Chinese cars don't have to be sold in the U.S. to have an impact.

The Street

Veteran fund manager revamps Facebook parent stock price target after conference

Meta Platforms' latest announcements prompt a review by a longtime asset manager.

The Street

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Zillow Stock Builds On Breakout After Upgrade. Analyst Sees Positives Beyond Falling Rates.

Zillow stock jumped on an upgrade from Wedbush, which expects lower rates and strong software services to boost sales.

Investors Business Daily

CPI weighs on midday market. Movers: Trump Media, GameStop, Albemarle

Here are the stocks making the biggest market moves.

The Street

This Athletic Company, Up 64% In 2024, Faces Test Near Buy Point

On Holding stock is near a buy point as it tests support at a key moving average. The Swiss shoemaker has rallied on innovation-led growth.

Investors Business Daily

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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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.

Kiplinger

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."

Fortune

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.

Kiplinger

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.

Fortune

Analyst revamps Nvidia stock price with key earnings update on deck

Nvidia will post its highly anticipated fiscal-second-quarter report on Aug. 28.

The Street

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Investors Business Daily

On Holding Sprints Near Buy Point; Peer Trades In Buy Zone

On Holding stock tested a buy point Wednesday amid its 60% rally this year. Birkenstock trades in a buy zone ahead of earnings.

The Street

Analysts reset AMD stock outlooks after AI acquisition

“Long road ahead” for AMD against Nvidia.

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.

The Street

Analyst tries Tesla FSD again; others mull troubled EV startup

An EV startup known for burning cash on private jet flights was a hot topic for analysts.

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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.

The Street

Analysts revise Chipotle stock price targets after CEO's startling exit

Here’s what could be next for Mexican food lovers and investors.

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.

The Street

Analysts review Apple stock price hit from Google antitrust ruling

A federal court ruling that Google has violated antitrust laws has potential implications for the iPhone maker.

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.

Kiplinger

CrowdStrike Fires Back at Delta: What to Know

CrowdStrike says Delta ignored its offers of assistance during the outage last month. Here's what you need to know.

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