Analysis

Three-Year Bull Market for One Stock Sector Just Getting Started, According to Investor Dan Ives

Published

4 months ago

July 7, 2025

Wedbush Securities Managing Director Dan Ives says {that a} three -year bull marketplace for one inventory market sector is simply within the first section.

In a brand new interview with CNBC Tv, Ives out These technical shares will proceed to rise because the revolution of synthetic intelligence (AI) continues to maneuver.

“I feel we’re simply beginning this Golden Age for expertise. And the rationale I feel technical shares have risen 10 to fifteen% within the second half of the yr is as a result of the second, third, fourth derivatives of AI, they’ve simply began taking part in. I imply if you look over, you take a look at the buyer report.

And for me that’s actually the main target right here – that’s if the AI revolution is ready, if I feel you come to Nasdaq 22,000 or 23,000. ”

Ives additionally notes that he’s trying on the value dips on the highway, not as dangerous eventualities that have to be prevented, however somewhat as alternatives for merchants to get into the sport.

“I see these alternatives. I imply my complete profession, these are the alternatives, should you assume the elemental tales are taking part in. And I feel in relation to expertise, this simply begins. I feel it is a three-year-old Tech Bull market that’s nonetheless for us.”

The Nasdaq composite is 20,601 factors on the time of writing, a rise of 1.02% over the past 24 hours.

https://www.youtube.com/watch?v=WABMXVMBEEEY

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