Nvidia and Microsoft will drive AI revolution: Wedbush’s Dan Ives

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Published 2024-07-01
Dan Ives, Wedbush Securities managing director, joins ' Squawk on the Street’ to discuss why he believes NASDAQ will have another strong second half, what's driving AI revolution, and more.

All Comments (21)
  • I already own shares of NVDA, PALANTIR, TSLA, and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000
  • I feel investors need to be focus on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
  • I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated...
  • Well, I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered and I don't know where to go here out of devastation.
  • With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
  • @SlParkerlee
    Made my first large buy with NVIDIA in 2020 and have literally been buying quarterly since then. I am thinking about trimming some at $4,200 per share. Is this a good strategy? Please let me know what you think.
  • The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
  • I recently sold some of my Nvidia stocks to secure profits, but I'm retaining a portion for the long term, its growth potential is robust. I'm also considering diversifying my $400K stock portfolio, but I'm uncertain about managing risks in my next move.
  • @ericmendels
    Tesla looks like it's going big. I really want to profit from the market this year. I have about $40k I want to invest in the market. My brain doesn't do very well in understanding these things. How else could I utilise the market opportunity?
  • @RolandWingo
    I concur that NVDA is widely regarded as the "Stock of the Year." But I'm interested in finding out which stocks, in terms of growth over the next ten years, might be the next META. My investment goal is $200k, with the goal of retiring comfortably.
  • Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
  • I read that Nvidia provides technology for cryptocurrency mining and blockchain transactions. Could the current crypto pump be attributed to Nvidia's strong earnings, and should I hold some crypto as well? To be honest, I'm having FOMO with the current crypto price of $57,000.
  • @johnm2991
    Dan Ives is not only one of THE most knowledgeable tech professionals in the marketplace today, but also one of THE best dressed, as well! 💯
  • @DSharpe-bo4us
    It's only 9pm folks and the party is going to 4am! 🎉
  • It was stupid of me to sell $76,000 worth of NVDA stocks without reinvesting. I might turn to cash soon if I don't. Any particulars? (Buying bonds or CDs is not for me).
  • So funny, been listening to these guys on a podcast for 3 years, never once seen any of them. This is the first time. I always pictured Dan as some stoner looking dude with longer hair. I couldn't have been more off 😂
  • It is all good because even 1998 had a nice size dip. Riding the Nasdaq-100 train ourselves.