Tag Archives: Ives

The federal government’s investigation into Tesla’s (TSLA) Autopilot system following a series of crashes in recent years is a major setback for the car company, one analyst says. “This is definitely a bit of a black eye,” Wedbush Securities analyst Dan Ives said on Yahoo Finance Live (video above). “From an investor perspective, especially given it’s the gold standard from a technology perspective, this formal investigation definitely takes a bit of the bloom off the rose when it comes to”… Source link

Apple (AAPL) has spent the past 30 years hitting a lot of home runs. It launched everything from the iMac to the iPod to the iPhone, to the iPad, Apple Watch, and AirPods. What’s more, it’s pushed deeper into recurring revenue businesses with its AppleCare, Apple Music, and Apple TV+. But according to Wedbush analyst Dan Ives, the tech titan has made one major misstep: not buying Netflix (NFLX). Ives, who has an outperform rating on Apple’s stock, said that doing so would have put the… Source link

Tesla’s (TSLA) investment in Bitcoin (BTC-USD) has garnered the electric vehicle company about $1 billion in profits — at least on paper, according to estimates from Wedbush Securities Managing Director Dan Ives. “That’s more than all they made on EV vehicles in 2020, but that continues to be the double-edge sword. It’s going to add risk to the story, and we’re seeing that in terms of the volatility,” Ives told Yahoo Finance Live on Monday. Earlier this month Tesla announced it had… Source link