Apple is falling behind in the AI race, and the only way it can catch up is by buying the AI startup Perplexity, according to a top analyst. Dan Ives of Wedbush Securities said it

Well-known analyst Dan Ives just launched a hand-vetted fund that provides targeted investments in the AI boom, but with lower influence from the handful of top-ranked giants. Let's see what's different about this exchange-traded fund (ETF), so you can decide whether it belongs in your portfolio.

This milestone marks a rapid ascent for the US-based company, which first reached a $1 trillion market value in June 2023. Tech analyst Dan Ives of Wedbush Securities described it as a “historic moment,” emphasizing Nvidia’s foundational role in the AI revolution. “They are the only game in town with their chips the new gold and oil,” Ives noted.

Wedbush's Dan Ives said Apple should consider buying Perplexity and its AI search engine if it wants to catch up to its peers in the AI race.

Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics was "exactly the opposite direction" investors wanted to see.

Wedbush Securities managing director Dan Ives says that a three-year bull market for the one stock market sector is just in its initial phase.

Dan Ives, the Global Head of Tech Research at Wedbush, appeared on CNBC to suggest that AI will fuel a multi-year tech rally. Ives stated that he believes they are only at the beginning

The Wall Street consensus is that Palantir's share price could tumble over the next 12 months. Palantir's valuation remains the biggest concern for many analysts. Artificial intelligence (AI) software company Palantir Technologies (NASDAQ: PLTR) is a member of the elite group of top performers.