US Top News and Analysis | Will Elon Musk eventually merge SpaceX with Tesla? Speculation is building

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Speculation is mounting that Elon Musk could merge his two flagship companies—SpaceX and Tesla—by next year, with Wedbush analyst Dan Ives arguing that a combination would cement their shared AI ambitions and that Musk wants greater control of the AI ecosystem. However, Kalshi traders are far less confident, assigning only a 33 % chance of a merger before May 2027 and seeing odds for an earlier timeline plunge after a brief spike in April. The potential deal could also help Tesla, which recently fell behind BYD and Chinese rivals in EV sales, while both firms are already collaborating on the Texas‑based Terafab semiconductor plant that could cost up to $119 billion. Musk has hinted at the complexity of such a move, noting that any merger would need approval from both boards and must balance the interests of shareholders in each company.

Read more: https://www.cnbc.com/2026/05/21/will-elon-musk-eventually-merge-spacex-with-tesla-speculation-builds.html

#ElonMusk #DanIves #SpaceX #Tesla #Wedbush #WalterIsaacson

US Top News and Analysis | ‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands

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Dan Ives, managing director at Wedbush Securities, told CNBC that the Nasdaq will climb to 30,000 points within the next year as a strong tech earnings season fuels enthusiasm for AI-driven investments. He said recent earnings have validated the bullish AI thesis, noting a 10‑to‑1 demand‑supply gap for chips and describing the current surge as a “memory super‑cycle.” Ives expects the AI rally to continue for two more years, emphasizing the need to invest across hyperscalers, chips, software, cybersecurity, infrastructure and power. While Michael Burry warned the market may be echoing the late‑1990s dot‑com bubble, Ives remains confident, citing the 38% rise in the PHLX Semiconductor Index and double‑digit gains for companies such as Intel, Nvidia, Apple and Alphabet.

Read more: https://www.cnbc.com/2026/05/11/the-haters-will-hate-dan-ives-predicts-nasdaq-rally.html

#DanIves #WedbushSecurities #CNBC #Nasdaq #Intel #Nvidia #Apple #Alphabet #SKHynix #MichaelBurry # #PaulTudorJones

US Top News and Analysis | Oracle is down big in 2026. Dan Ives says buy the dip

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Oracle is positioning itself as a core infrastructure provider for the AI revolution, prompting Wedbush Securities analyst Dan Ives to initiate coverage with an “outperform” rating and a $225 price target that implies about 27.6% upside from the recent close. Ives highlights Oracle’s recent contracts—including a $300 billion, five‑year deal to supply computing power to OpenAI starting in 2027 and a partnership with Nvidia to integrate Oracle Cloud Infrastructure with Nvidia’s AI platform—as evidence of strong, contract‑backed demand. While some investors worry about the company’s hefty capital expenditures and negative free cash flow, Ives argues these concerns are short‑sighted, noting that Oracle is executing a $45‑$50 billion capital raise and has already secured $30 billion through investment‑grade bonds and convertible preferred stock to fund its obligations. The analyst’s bullish view aligns with the broader market consensus, with 35 of 46 analysts rating the stock a buy or strong buy; Oracle’s shares have risen about 28% over the past year but have slipped roughly 10% in 2026 amid ongoing AI‑related spending concerns.

Read more: https://www.cnbc.com/2026/04/24/oracle-is-down-big-in-2026-dan-ives-says-buy-the-dip.html

#Oracle #DanIves #OpenAI #Nvidia #AIinfrastructure

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Al Jazeera – Breaking News, World News and Video from Al Jazeera | Meta lines up layoffs while Microsoft offers buyouts

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Meta announced it will cut roughly 8,000 jobs — about 10 % of its workforce — to free up resources for a massive boost in artificial‑intelligence infrastructure and high‑pay AI‑expert hires, while Microsoft disclosed it will extend voluntary buyout offers to about 8,750 U.S. employees, or 7 % of its domestic staff, as a parallel effort to trim costs amid the industry’s AI spending surge. Meta’s 2026 expenses are projected to rise sharply to $162‑$169 billion, driven by new data‑centre construction (including a $1 billion AI‑optimised facility in Tulsa) and elevated compensation for AI talent, and analysts view the layoffs as a move to streamline operations and improve efficiency. The news sent Meta’s shares down 2.3 % and Microsoft’s off nearly 4 % on the day of the announcements.

Read more: https://www.aljazeera.com/economy/2026/4/23/meta-lines-up-layoffs-while-microsoft-offers-buyouts?traffic_source=rss

#Meta #Microsoft #DanIves

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Boston.com | Meta slashes 8,000 jobs, or 10 percent of its workforce, as Microsoft offers buyouts by Associated Press

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Meta announced it is cutting about 8,000 jobs—roughly 10 % of its workforce—to improve efficiency and free up capital for new investments, particularly in artificial‑intelligence infrastructure and high‑pay AI‑expert hires, as its 2026 expenses are projected to rise to $162‑$169 billion. The layoffs come as the company also leaves roughly 6,000 positions unfilled. At the same time, Microsoft disclosed plans to offer voluntary buyouts to around 8,750 U.S. employees (about 7 % of its U.S. staff) in early May, a move aimed at curbing costs amid massive spending on data centers, cloud services, and AI tools like Copilot. Analysts see Meta’s cuts as part of a broader shift toward using AI to automate tasks and streamline operations while maintaining productivity.

Read more: https://www.boston.com/news/technology/2026/04/23/meta-slashes-8000-jobs-or-10-percent-of-its-workforce-as-microsoft-offers-buyouts/

#Meta #Microsoft #AmyColeman #technology #DanIves

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qwant news | Tim Cook Has Left 'Big Shoes' To Fill, Says Dan Ives — Gene Munster And Sam Altman React To The Handoff A

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Tim Cook will leave the Apple CEO post on Sept. 1 2026 to become executive chairman, handing the role to longtime hardware chief John Ternus, who is seen as a continuity pick but also a potential catalyst for an AI‑focused strategy. Analysts such as Gene Munster describe the change as expected and view it as an opportunity to reshape Apple’s AI narrative, while Dan Ives warns Ternus will face intense scrutiny to prove the company can compete more aggressively in artificial intelligence. The transition was praised by OpenAI’s Sam Altman, who called Cook “a legend,” and by Oculus founder Palmer Luckey, who referenced the viral “Tim Apple” nickname. Apple’s stock closed at $273.05, up 1.04% in regular trading, then slipped to $271.55 after hours. The leadership shift marks the end of Cook’s near‑15‑year tenure and signals a renewed emphasis on integrating AI into Apple’s devices under Ternus’s hardware expertise.

Read more: https://www.benzinga.com/markets/tech/26/04/51929634/tim-cook-succession-john-ternus-apple-ceo-dan-ives-gene-munster-sam-altman-reactions

#TimCook #JohnTernus #SamAltman #Apple #GeneMunster #DanIves #PalmerLuckey

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US Top News and Analysis | Apple goes for the 'continuity candidate' to replace Cook. What the CEO change means for investors

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Apple announced that senior vice president of hardware engineering John Ternus will succeed Tim Cook as CEO on Sept. 1, with Cook moving to executive chairman after 15 years leading the company. The surprise transition caused Apple’s stock to slip about 0.5 % in after‑hours trading and raises questions about the firm’s future amid an AI‑driven market, though analysts see Ternus as a “continuity candidate” whose hardware expertise could preserve margins and operational discipline. Investors expect modest hires from AI firms but do not anticipate Apple directly competing with large‑language‑model developers; instead, the focus may shift to new hardware such as glasses or foldable phones. Despite the leadership change, most analysts maintain buy ratings and unchanged price targets, noting Apple’s strong earnings pipeline, upcoming WWDC product launches, and the company’s historic stock performance under Cook.

Read more: https://www.cnbc.com/2026/04/20/apple-goes-for-the-continuity-candidate-to-replace-cook-what-the-ceo-change-means-for-investors.html

#Apple #JohnTernus #TimCook #GeneMunster #DanNathan #PatrickMoorhead #WarrenBuffett #DanIves

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Business | Apple names next CEO; Tim Cook to become chairman by Queenie Wong

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Apple announced that senior‑vice‑president of hardware engineering John Ternus will succeed Tim Cook as chief executive on September 1, with Cook moving to the role of executive chairman after 15 years at the helm. Under Cook, Apple’s market value surged from about $350 billion to $4 trillion and revenue grew from $108 billion in FY 2011 to over $416 billion in FY 2025, while the company expanded into services such as Apple TV, Apple Music, Apple Pay and iCloud. The leadership change comes as Apple, now 50 years old and valued at $4 trillion, faces heightened competition in artificial intelligence from rivals like OpenAI, Google and Meta, as well as ongoing scrutiny over its global supply chain. Both Cook and Ternus praised each other, with Cook highlighting Ternus’s engineering expertise and visionary mindset, and Ternus pledging to lead Apple with the values that have defined the company for half a century. Apple's stock slipped less than 1 % in after‑hours trading, trading around $271 per share.

Read more: https://www.latimes.com/business/story/2026-04-20/apple-names-next-ceo-tim-cook-to-become-chairman

#Apple #TimCook #JohnTernus #OpenAI #SteveJobs #DanIves

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Home - CBSNews.com | Tim Cook to step down as Apple CEO, with John Ternus tapped as successor

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Tim Cook announced that he will step down as Apple’s CEO later this year, transitioning to the role of executive chairman of the board, and that senior vice president of hardware engineering John Ternus— a 25‑year Apple veteran— will assume the CEO position on September 1. In his farewell statement, Cook praised the “ingenious, innovative, creative and deeply caring” Apple team and lauded Ternus for his engineering mind, innovative spirit, and integrity, while Ternus expressed gratitude for having worked under Steve Jobs and Cook and pledged to carry Apple’s mission forward. Over Cook’s 15‑year tenure, Apple expanded services such as Apple Pay, Apple TV and Apple Music— generating more than $100 billion annually—and launched new hardware like the Apple Watch and AirPods, helping lift the company’s market value by roughly $3.6 trillion. Analysts noted that Ternus’s appointment signals Apple’s hardware‑first focus, but some caution that his succession arrives at a critical juncture as the company navigates a major transition in its AI strategy.

Read more: https://www.cbsnews.com/news/tim-cook-apple-ceo-to-step-down-john-ternus/

#TimCook #JohnTernus #SteveJobs #Apple #AppleWatch #ArthurLevinson #AdamCrisafulli #DanIves

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