Dan Ives calls AI ‘the fourth industrial revolution’ ahead of Nvidia earnings

Dan Ives, managing director and senior equity analyst at Wedbush Securities, joins BNN Bloomberg to share his outlook for tech amid AI race.

“This is the Superbowl, the Olympics – from an earnings perspective,” he said, adding that Nvidia’s results are “the best barometer” for the trajectory of tech stocks. “I think it’s really about what the demand trajectory looks like; are they seeing more order flow? We don’t believe this is double ordering, it’s actually the opposite,” he said.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Expect 'massive' Q2 earnings for AI chip stocks: Dan IvesWedbush is out with a bullish call on Palantir (PLTR), raising its price target to $50 for 2025 amid a heated AI race. Wedbush senior equity analyst Dan Ives...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Nvidia, chip stocks rebound as Piper Sandler calls out 'tremendous opportunity' after sell-offNvidia extends its gains following a bullish note from Piper Sandler analysts.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Nvidia, ASML, and TSMC stocks are getting hammered — here's whyChip stocks are getting hammered. Reasons why include a media report that the US is considering tighter export restrictions and a broader rotation out of Big...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »