Dan Ives Says These 2 Stocks Are in the "Sweet Spot" of the Artificial Intelligence (AI) Movement
Wedbush Securities analyst Dan Ives sees two cratering AI stocks as compelling opportunities right now.
For the last two years, both the S&P 500 and Nasdaq Composite posted gains well in excess of 20%. This scorching hot momentum initially carried into 2025 too, but more recently, the markets have started to take a breather.
First it was DeepSeek, a Chinese artificial intelligence (AI) start-up that brought shockwaves after it claimed to have built highly sophisticated models using older architecture compared to what big tech companies in the U.S. have deployed.
Following on the heels of the DeepSeek drama came a series of tariffs instituted by the new Trump administration. Given the implications tariffs can have on trade negotiations and geopolitics, investors have been wary of how these new policies will impact economic growth.
