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Shares dropped 10.4% on Friday following a weak Q1 delivery report of 337,000 vehicles...
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Financial market fallout and public criticism from high-profile supporters could compel a Trump tariff pause...
Continue ReadingThe profit outlook for businesses has dimmed considerably post Trump tariff news...
Continue ReadingApple (AAPL) could be in for an even rougher ride than its Big Tech rivals...
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Tesla bull Dan Ives finally threw in the towel, slashing his price target and citing Trump’s auto tariffs and CEO Elon Musk's behavior as the reasons why...
Continue ReadingShares of Tesla (NASDAQ: TSLA) traded close to 6% lower as of 10:31 a.m. ET today, but had traded as much as 10.5% down before broader market volatility set in, causing volatile swings in shares. Longtime bull Dan Ives, an analyst at Wedbush, slashed his price target on the electric carmaker by 43%, while maintaining a buy rating. Ives, who formerly had the highest price target on Wall Street, lowered his expectations on Tesla's stock from $550 per share to $315, which still implies significant upside from current levels, although shares of Tesla are off some 42% this year...
Continue ReadingTesla (TSLA) stock was falling yet again Monday, down more than 3% in morning trading as markets headed for another brutal day in the wake of President Donald Trump’s sweeping tariffs...
Continue ReadingSpeaking on the Schwab Network recently, well-known analyst Dan Ives advised investors with a time horizon of more than one year to buy Nvidia (NVDA) stock. Ives also weighed in on the potential impact of President Donald Trump’s tariffs on Apple (AAPL). Ives Remains Bullish on Nvidia’s Long-Term Outlook Despite His Worries About Tariffs Investors […]...
Continue ReadingApple Plans to Source More iPhones From India as Potential Tariff Fix...
Continue ReadingThe "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war. The latest slide followed cuts in price target for Apple and Tesla shares from one of Wall Street's most bullish tech analysts, Dan Ives, who warned of a "tariff economic armageddon". The cuts came as Trump doubled down on tariffs on Sunday, telling investors to endure the consequences and ruling out trade talks with China for now...
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