Wedbush Securities

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  Code Red For Tesla If Elon Musk Stays With White House: Analyst Dan Ives

  Tesla shares have fallen 43% since January 17. When the company reports earnings Tuesday, it will face questions about volume sales for 2025.

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  All Eyes On AI To Drive Big Tech Earnings

  Analysts at Wedbush Securities, one of Wall Street's biggest believers in AI's potential, expect "growth and earnings to accelerate with the AI revolution and the wave of transformation" it is causing.

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  Elon Musk Sells Tesla Stock Worth $3.85 Billion, US SEC Filing Shows

  Elon Musk has sold Tesla shares worth $3.58 billion, according to a filing with the US Securities and Exchange Commission. Twitter's new CEO has sold nearly $23 billion worth of Tesla stock since April, with much of the money likely going to help fund his $44 billion acquisition of the microblogging platform.

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  Google Stadia to Shut Down in January 2023, Company to Refund Hardware Purchases: All Details

  Google announced on Thursday that it would shut down Stadia, the company's three-year-old cloud gaming service. The company also said that it would refund purchases of Stadia hardware, such as controllers, as well as game content bought through its online store, and that players will have access to the service until January 18, 2023. According to W...

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  iPhone 13 Launch May Take Place in Third Week of September, LiDAR Sensor’s Presence Reiterated

  iPhone 13 launch will take place in the third week of September, Wedbush Securities reportedly said, citing supply-chain resources. The entire iPhone 13 lineup is also said to have the LiDAR scanning technology and the Pro models in the series would come with 1TB storage option.

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  Sony Not Acquiring GTA V, Red Dead Redemption 2 Parent Company Take-Two

  Sony won't be acquiring GTA V and Red Dead Redemption 2 parent company Take-Two. The company confirmed that there was "no truth" to the report that it would be buying Take-Two.

• Wall St week ahead: Investors look for signs in rally's break

  The US stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path.

• S&P 500 hits record again; financials, Apple lead

  The S&P 500 closed at another record high, pushing further above 1,600 as financial shares led the way after Bank of America's settlement with MBIA. Apple's advance helped lift both the S&P and the Nasdaq.

• Wall Street falls on euro zone growth worries; Oracle drops

  US stocks declined on Thursday, dragged down by concerns about euro-zone growth and Oracle's sharp miss on quarterly results, which weighed on tech shares.

• Executive chairman Schmidt to sell 42% stake in Google for $2.5 billion

  Google Inc executive chairman Eric Schmidt is selling roughly 42 per cent of his stake in the Internet search company, a move that could potentially net the former chief executive a $2.51 billion windfall.

• Facebook rolls out friends-based search product

  Facebook Inc unveiled a new search tool on Tuesday that lets people trawl their network of friends to find everything from restaurants to movie recommendations, an improvement that's likely to increase competition with review websites like Yelp and potentially even Google Inc.

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  Facebook to be worth $234 billion by 2015

  Facebook will have market value of $234 billion by 2015, up from its current valuation of $85 billion.