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AI demand remains high despite Oracle drop, Dan Ives notes
Dan Ives, managing director and senior equity analyst at Wedbush Securities, argues that demand for artificial intelligence technology remains robust across both consumer and enterprise markets.
He believes recent market concerns about weakening growth are overstated and points to Oracle's stock decline as an overreaction to a Wall Street Journal report. Ives adds that he would advocate buying AI-driven tech stocks, highlighting Oracle as a particular opportunity.
Ives recently discussed the outlook for tech stocks and the upcoming earnings from major technology companies on CNBC. He is also scheduled to share his perspectives on Tesla’s earnings and artificial intelligence trends during an appearance on CNBC Closing Bell. These appearances follow sustained investor focus on AI and tech performance.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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