Dan Ives of Wedbush Securities said it’s clear Apple is incapable of producing its own AI in-house, despite a company culture that strives to build superior products internally. In recent days, some of Apple’s top AI talent has also been poached by increasingly aggressive AI talent recruiter Meta, Bloomberg reported.

Dan Ives has raised his price target for Palantir Technologies, signaling a 12% upside from its trading price over the next 12 months.

Wedbush's Dan Ives said Apple should consider buying Perplexity and its AI search engine if it wants to catch up to its peers in the AI race.

Dan Ives, a tech analyst at Wedbush Securities, recently launched the Dan Ives Wedbush AI Revolution ETF (IVES). The ETF surpassed $100 million in assets under management within its first five trading days,

The managing director of the financial services firm Wedbush Securities is expecting solid gains from tech stocks in the second half of the year.