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The Latest Breaking News from Wedbush

Nvidia Wows With Earnings, Stock Split and Dividend Hike

Nvidia gave investors plenty to cheer about in its first-quarter earnings release and its stock is soared as a result. Here's what you need to know.

Kiplinger

1 Growth Stock Under $10 to Buy and Hold

Amidst the DEA's anticipated rescheduling of marijuana, Curaleaf Holdings emerges as a compelling growth stock under $10, buoyed by strategic expansions, regulatory tailwinds, and bullish analyst forecasts in the flourishing cannabis industry.

Barchart

Take-Two Interactive Delays GTA 6 Release: What To Know

Take-Two Interactive stock is higher even after the video-game maker delayed the release of Grand Theft Auto VI. Here's what you need to know.

Kiplinger

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Carvana Stock Surges on Surprise Profit

Carvana stock is rallying following a strong first-quarter earnings report. Here’s what you need to know.

Kiplinger

Cava, IBD Stock Of The Day, Surges Past Buy Point As Restaurants Come In Hot

Stock Of The Day: Fast-growing Mediterranean restaurant chain Cava hits Chicago and is racing past a buy point, along with several other restaurant chains.

Investors Business Daily

TikTok Ban Passes Ahead of Meta Earnings: What To Know

Lawmakers voted in favor of banning social media platform TikTok just ahead of rival Meta Platforms' earnings report.

Kiplinger

Biden Signs TikTok Sell-Or-Ban Bill. Here's What It Could Mean For Meta, Google, Oracle.

President Biden signed the TikTok sell-or-ban bill. Here's what analysts say it could mean for Meta, Google, Oracle.

Investors Business Daily

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Why Tesla Stock Is Soaring After a Q1 Earnings Miss

Tesla came up short of analysts' expectations for its first quarter, yet its stock is roaring higher today. Here's why.

Kiplinger

Here's How High Wall Street Thinks Netflix Stock Can Rise

With the streaming giant up 24% this year already, is there more upside left for NFLX shares? Here's why one analyst recently hiked their price target, and Wall Street's biggest NFLX bull recently tempered their view.

Barchart

Dow Jones Flat As Russell 2000 Jumps To New High; Nvidia Firm, But Palantir Stock Dives 6%

Small caps outperformed again in the stock market today as the Russell 2000 broke out to a new high. Bitcoin rallied another 3%.

Investors Business Daily

Microsoft is on the precipice of reaching its next 'iPhone moment' with AI affirming its status as the world's most valuable company ahead of Apple

Wedbush analyst Daniel Ives recently indicated that Microsoft is on the verge of hitting its iPhone moment with AI. He attributed this success to the rapid growth of the Azure cloud business and the integration of AI capabilities and Copilot across its products.

Windows Central

Is Google Moving Fast Enough To Put Advertising In AI Chatbot Search?

Google could be moving too slowly integrating chatbot artificial intelligence technology into internet search queries, cautioned a Mizuho Securities analyst.

Investors Business Daily

Google Stock Price Target Hiked As Analysts Say Investor Sentiment Improving

Wedbush analysts that upgraded their price target for Google stock cite improving investor sentiment.

Investors Business Daily

Here's How High Wall Street Thinks Palantir Stock Can Rise

Palantir stock has more than tripled in the last 12 months, making it quite expensive at the current valuation. Can the AI tech stock continue to surge in 2024?

Barchart

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Barchart

Up 182% YTD, Wedbush Predicts This AI Stock Will Surge Another 50%

Despite a sharp pullback post-earnings, analysts remain optimistic about SoundHound AI's growth prospects - and at least one Wall Street pro thinks the AI penny stock can rally more than 50% from current levels.

Investors Business Daily

On Running Tumbles From Buy Point After Big Earnings Miss

Swiss shoemaker On Running missed estimates Tuesday with its first loss after two quarters of triple-digit gains. Shares dove from near a buy point.

Investors Business Daily

Hoka Maker Soars On Earnings, Outlook; Skechers Tumbles From Record Highs On Guidance

Hoka maker Deckers Outdoor soared to new all-time highs late Thursday on its earnings, outlook. Skechers dived from record levels on guidance.

Investors Business Daily

Tesla Bull Removes TSLA From 'Best Ideas' List Until Elon Musk Does These 10 Things

After Tesla suffered its worst one-day percentage loss in over a year, Wedbush analyst Dan Ives outlined several items for Elon Musk to address.

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The Guardian - US

Big tech boom or bust? Experts see signs of strength after wave of layoffs

Even as more job cuts await, some analysts see the beginnings of a bull market in the coming season of earnings reports

Fortune

The use cases for AI at companies are ‘exploding globally,’ says a Wedbush analyst

A new survey finds that generative AI is a high priority within IT budgets this year, Dan Ives says.

Fortune

2024 will be the ‘year of AI’ as tech stocks surge by (at least) 25%, top tech analyst Dan Ives predicts

A Wedbush AI survey shows Wall Street is “significantly underestimating how quickly this AI monetization cycle is playing out,” according to Ives.

Investors Business Daily

DoorDash Reportedly Eyeing Expansion Opportunities Beyond Core U.S. Restaurant Business

After a big year for DASH stock, DoorDash will invest in expanding from its core business of U.S. restaurant delivery, its CEO told FT.

Investors Business Daily

DoorDash, IBD Stock Of The Day, Tests Key Level After Soaring 100% This Year

DoorDash is the IBD Stock of the Day for Thursday, as DASH stock is trading tightly near its 21-day line.

Investors Business Daily

Why Amazon, Meta And Uber Are This Analyst's 'Top Ideas' For 2024

Spending on e-commerce and digital ads will accelerate next year, Wedbush says, setting up strong years for Amazon and Meta.

Investors Business Daily

Amazon Stock Scores Bullish Price Target On Ad Business Potential

Wedbush analysts set a high target for Amazon stock, citing positive trends for its ad business.

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