Tech shares still have plenty of room to run, argues Wedbush Securities research chief Dan Ives.
Speaking with CNBC, the longtime sector analyst said investors who fixate on price-to-earnings multiples risk missing the next wave of value creation as artificial intelligence moves from pilot projects to mass deployment.
Ives expects advances in autonomous systems and robotics to kick-start a multiyear revenue boom, pushing the Nasdaq Composite toward 20,000—and potentially 25,000—within five years.
He likened today’s setup to earlier periods when market leaders looked pricey just before exponential growth arrived.
Short-term geopolitical shocks, he added, are “windows to buy great names at a discount,” a strategy that has guided his two-decade track record covering Silicon Valley.
As cryptocurrency adoption accelerates worldwide, so too does the frequency and sophistication of online threats. Richard Teng, CEO of Binance, has sounded a clear warning: the safety of digital assets hinges not just on exchange security but also on individual user responsibility.
Ripple has chosen global banking giant BNY Mellon to act as the primary custodian for reserves backing its enterprise-grade stablecoin, Ripple USD (RLUSD).
Goldman Sachs now expects the Federal Reserve to begin cutting interest rates sooner than previously anticipated, forecasting the first reduction as early as September 2025.
Lithuania’s central bank has reached out to Robinhood for further details regarding its newly launched stock token products, following a public distancing by OpenAI from the initiative.