Tag Archives: Dan

Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft (MSFT) announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales. But according to at least one analyst, the layoffs are a proactive move as Microsoft and its Big Tech counterparts are forced to reckon with the unsustainable growth they saw during the pandemic. “It was a rip-the-Band-Aid-off moment from Nadella and Microsoft, and we’re seeing it across tech,” Wedbush analyst Dan Ives told Yahoo Finance Live. “These… Source link

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Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft layoffs a ‘rip the band-aid off’ moment: Analyst Dan Ives

Microsoft (MSFT) announced on Wednesday that it is cutting 10,000 jobs as the tech giant contends with slowing PC and cloud sales. But according to at least one analyst, the layoffs are a proactive move as Microsoft and its Big Tech counterparts are forced to reckon with the unsustainable growth they saw during the pandemic. “It was a rip-the-Band-Aid-off moment from Nadella and Microsoft, and we’re seeing it across tech,” Wedbush analyst Dan Ives told Yahoo Finance Live. “These… Source link

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Tesla stock is trading at its ‘cheapest valuation’ in years, Wedbush’s Dan Ives says

Tesla stock is trading at its ‘cheapest valuation’ in years, Wedbush’s Dan Ives says

The steep slide in Tesla’s (TSLA) stock price this year is starting to catch the eye of valuation watchers. “Not since 2018 has Tesla traded at these levels,” Wedbush analyst Dan Ives wrote in an email to Yahoo Finance. “On an EV/EBITDA [earnings before interest, taxes, depreciation, and amortization] basis it’s the cheapest valuation to date.” Ives — a former Tesla bull who made headlines in mid-November for removing the EV maker’s stock from Wedbush’s best ideas list — isn’t too far… Source link

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Sean Taylor deserves better than a wire mannequin and Dan Snyder’s repeated abuse of his legacy

Sean Taylor deserves better than a wire mannequin and Dan Snyder’s repeated abuse of his legacy

I am sick for Sean Taylor’s family. Again. Because once again the Washington Commanders franchise — to be more specific, we mean team owner Dan Snyder — exploited the memory of the beloved slain safety for cheap public relations points. Via a cheap mannequin it is calling a “permanent memorial installation.” In advance of Sunday’s home game against Atlanta, which was the 15th anniversary of the day Taylor was killed in his Miami-area home by intruders who didn’t expect the rehabbing young… Source link

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FTX collapse is ‘a black swan event’: Wedbush’s Dan Ives

FTX collapse is ‘a black swan event’: Wedbush’s Dan Ives

The crypto market is experiencing a stunning downfall following the collapse of the exchange FTX (FTT-USD). FTX filed for Chapter 11 bankruptcy protection followed a failed takeover by rival Binance (BNB-USD) earlier in the week, with Sam Bankman-Fried resigning as CEO after engineering a liquidity hole of billions. “It’s a black swan event,” Wedbush tech analyst Dan Ives said on Yahoo Finance Live (video above). “It’s a cautionary tale for what you see in sectors and unfortunately, many will… Source link

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Dan Loeb buys new stake in Disney, lays out key initiatives ‘to unlock further value’

Dan Loeb buys new stake in Disney, lays out key initiatives ‘to unlock further value’

Dan Loeb is once again bullish on Disney (DIS). According to a letter the activist investor sent to CEO Bob Chapek, Loeb’s Third Point has repurchased “a significant stake” in the media giant, causing shares to rise 2%. Loeb, who previously held a stake in the company from 2020 to early 2022, praised Disney’s positive Q3 earnings results, citing strength in Disney’s streaming business. “We’re particularly pleased to see the strength in DTC subscriber growth, the key driver of Disney’s… Source link

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Yeardley Smith marries, shares love story with Dan Grice

Yeardley Smith marries, shares love story with Dan Grice

Yeardley Smith, best know as the voice of The Simpsons‘ Lisa, has married her love Dan Grice — and the story behind it is one that would make the likes of the late Nora Ephron fire up their laptop. Smith explained to the Hollywood Reporter in an interview published Wednesday that the pair met when he served as her personal bodyguard in 2014 as she visited Springfield, Ore. After having dealt with a stalker, Smith reluctantly agreed to producers’ pleas to represent her juggernaut show at the… Source link

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‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives

‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives

Some storm clouds are appearing on the horizon for Tesla bulls after a respectable second quarter. “The elephant in the room for Tesla (and the broader market) is with dark economic storm clouds on the horizon and Musk himself thinking recession risk is imminent, what does this mean for Tesla’s demand story going forward?” Wedbush Wedbush Senior Equity Research Analyst Dan Ives stated in a new note to clients. “In a nutshell, while June delivery numbers were ugly and nothing to write home… Source link

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