The Latest Breaking News from Wedbush

The billionaire entrepreneur said it’s unlikely he’ll be able to choose a suitable successor to run the ailing social media platform until the end of 2023.

Tesla stock advanced for eight straight days and gained 68% on the year until Friday. Analysts are signaling the run could end.

Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday. The computer industry stalwart could announce layoffs in its engineering divisions as early as Wednesday, Bloomberg News reported. A Microsoft spokesperson…

Wedbush analyst Dan Ives argued that lowering prices was the correct strategic move for Tesla, while Guggenheim Securities said it sacrifices gross margins.

Microsoft's proposed investment in OpenAI is a "smart poker move" as A.I. advances, Wedbush's top tech analyst argues.

“The Cinderella ride is over for Tesla, and Musk now needs to navigate the company through this Category 5 dark macro storm,” Tesla bull Dan Ives wrote in a Tuesday note.

Wedbush’s Dan Ives is celebrating the likely end of Elon Musk’s reign as Twitter CEO, arguing it was a “nightmare” for Tesla investors.

“Investor frustration is building as the Musk brand has quickly deteriorated over the past six months,” the influential tech analyst wrote. "The Twitter nightmare continues."

By 2025, 50% of iPhone production could be in these two countries instead, according to Wedbush tech analyst Dan Ives.