Ive Outperform News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The September jobs report exceeded expectations with the addition of 336,000 jobs last month, nearly double the amount anticipated on Wall Street. Add that ‘goldilocks’ figure to minimal wage inflation, and the scene is set for a soft landing for the economy, says Wedbush’s Daniel Ives, a 5-star analyst rated in the top 2% of the Street’s stock pros. This, in turn, is great news for the tech sector. In fact, with earnings season about to kick off, Ives thinks Wall Street is poised to be caught o

Given the strong stock market rally seen this year has been driven by tech, it has almost been forgotten how different things looked at the onset of 2023. Coming off 2022’s bear market, Wedbush analyst Daniel Ives reminds investors that sentiment around tech stocks was “extremely negative with a cloudy macro, Fed overhang, hard landing worries, and softening consumer/ enterprise demand all creating a dark cloud over the tech sector.” But in the face of such headwinds, the exact opposite occurred