Apple is way too behind and does not have the AI technology to compete. The clock has struck 12, they need to acquire Perplexity or risk getting further behind,” Ives told Fo

Apple is struggling to keep pace in the AI race, leading Wedbush Securities analyst Dan Ives to suggest acquiring AI startup Perplexity. Ives believes Apple lacks the internal AI technology to compete and that Perplexity could significantly enhance Siri and rival ChatGPT.

Dan Ives of Wedbush, in an interview with Bloomberg, predicted a strong second half for technology stocks, calling this the "golden age" for the industry. He spoke of artificial intelligence (AI) stocks as having much more room to run and even said we're at "10 p.

Tesla CEO Elon Musk slammed Wedbush Global Head of Technology Research Dan Ives on twitter telling him to "shut up" after Ives suggested the board limit Musk's political activity. The tweet comes during a turbulent week that saw shares in the electric vehicle-maker plunge after the billionaire businessman announced he's forming a new political party.

Wedbush Securities managing director Dan Ives says that a three-year bull market for the one stock market sector is just in its initial phase.

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, an analyst with Wedbush Securities, wrote that Musk's continued push into politics was "exactly the opposite direction" investors wanted to see.

Dan Ives, the Global Head of Tech Research at Wedbush, appeared on CNBC to suggest that AI will fuel a multi-year tech rally. Ives stated that he believes they are only at the beginning