Wedbush analysts say the election of Trump as US president will have a negative impact on the electric vehicle market as a whole, as the US federal government may eliminate electric vehicle tax rebates and tax incentives. They point out that Elon Musk's support for Trump is a bet on the fact that, given Tesla's unparalleled size and scope in the industry, an environment without electric vehicle subsidies would give Tesla a clear competitive advantage. The analysts wrote: "If ha...
On October 19, Dan Ives, a well-known analyst at Wedbush Securities, said that Apple, Nvidia and Microsoft are gradually breaking through the $3 trillion market value mark and moving towards $4 trillion. He pointed out that Apple will be the first US company to reach the $4 trillion market value, and Nvidia and Microsoft will follow. Ives said: "Apple's artificial intelligence-based super cycle will start from iPhone 16 and will start in the December quarter, when more Apple Intelligence will be...