Wedbush's Dan Ives Says Apple Has "Best Installed Base In The World" For Its AI Future
Wedbush's Dan Ives believes that $Apple Inc.$'s installed user base of over 2 billion is the "best" in the world as far asits AI opportunityis concerned.What Happened: Ives thinks Apple's upcoming Worldwide Developers Conference in June will be a "key moment" for Cupertino.Ives thinks Apple will unveil a "key part" of its AI strategy at WWDC."I believe [it] ultimately goes to an AI App Store…developers, they're going to build apps," Ives said in an interview with Hankyung Global Market, adding
Tesla Falls Premarket As Morgan Stanley Warns the Bear Case Is in Play
Morgan Stanley lowered its price target on Tesla to $320 from $345 on Wednesday as the firm reacted to the deceleration in electric vehicle demand, despite the recent price cuts in the sector.Shares o