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11hon MSN
CNBC's "Closing Bell" is joined by Wedbush Securities' Dan Ives to discuss Apple CEO Tim Cook, the company's AI struggles and more.
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
Dan Ives has raised his price target for Palantir Technologies, signaling a 12% upside from its trading price over the next 12 months.
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.
11hon MSN
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.
The managing director of the financial services firm Wedbush Securities is expecting solid gains from tech stocks in the second half of the year.