Tesla Will Be The 'Biggest Winner' In The Trump Era, Says Dan Ives; Predicts Nasdaq At 25,000 In 18 Months: 'Get the Popcorn Out'

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What Happened: Speaking on CNBC’s “Closing Bell,” Ives described Trump’s incoming administration as a “Goldilocks scenario” for tech companies, citing expected regulatory relief from agencies including the Federal Trade Commission.“Let’s get the popcorn out for what will be the AI revolution,” Ives said, emphasizing that the sector’s current surge is “just getting started.” He explained that AI’s multiplier effect is spreading across the technology landscape, impacting everything from software to cybersecurity infrastructure.

Wedbush Securities analyst Dan Ives predicts a major tech sector expansion driven by artificial intelligence and deregulation under President-elect Donald Trump‘s administration, forecasting the Nasdaq could reach 25,000 within 18 months.

The analyst expects 80% to ...

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Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets: United States

Topics: GOOGL Dan Ives News US0378331005 US88160R1014 Kaustubh Bagalkote US5949181045 Benzinga US0231351067 US38259P5089 AMZN Tech Equities US38259P7069 AAPL Markets Artificial intelligence NASDAQ GOOG TSLA MSFT Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 03:31:13 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 383 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 24486506

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