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.
Bitdeer Technologies, a Bitcoin mining firm based in Singapore, is gearing up to raise $330 million through a fresh offering of senior convertible notes maturing in 2031.
Institutional traders on Deribit and Crypto.com can now post BlackRock’s tokenized U.S. Treasury fund, BUIDL, as margin—an industry first for a low-volatility, yield-bearing digital security.
Mounting geopolitical uncertainty is breathing new life into gold’s rally, with top financial institutions now predicting a surge toward $4,000 per ounce.
BBVA has quietly joined the ranks of legacy banks nudging high-net-worth customers toward digital assets.