Tech bull run to continue for two more years, says Wedbush's Dan Ives

Core View - The tech sector, particularly driven by AI advancements, is expected to continue its bullish trend into 2026, with significant growth potential across various companies and technologies [2][5][8]. AI Revolution - The AI revolution is evolving into multiple layers, including software, cybersecurity, and infrastructure, with major players like Nvidia and Microsoft leading the charge [2][3][5]. - The consumer AI revolution is anticipated to gain momentum, with companies like Apple making significant changes to capitalize on this trend [7][10]. Company Insights - Apple is expected to be a major beneficiary of the AI revolution, with a price target of $350 per share, potentially reaching higher if monetization strategies are successful [11][12]. - Nvidia is highlighted as a key player in the AI space, with its recent re-entry into China seen as a positive development [3][20]. - Microsoft is projected to have a 30-40% upside due to its strong position in cloud services and AI integration [21][22]. Market Dynamics - The tech bull market is expected to expand into other areas, with a potential NASDAQ target of 25,000 to 30,000 over the next 12 to 24 months [5][18]. - The competition in the AI space is intensifying, with OpenAI positioned as a leader, and its valuation could reach a trillion dollars upon going public [17][18]. Tesla and Autonomous Technology - Tesla is anticipated to have a transformative year in 2026, particularly in autonomous driving and robotics, which could significantly enhance its market position [19][20]. - The potential for autonomous technology is valued at a trillion dollars, underscoring its importance to Tesla's future growth [20]. Competitive Landscape - Amazon's AWS is showing signs of revival, and its growth in AI adoption is crucial for maintaining competitiveness against rivals like Microsoft and Google [23][25]. - The overall AI adoption in the U.S. is still in early stages, with only 3% of companies having integrated AI, indicating substantial growth potential ahead [25][26].