Dan Ives is here, star analyst of Wedbush. Um, I mentioned at the top of the program that you moved a couple of really beaten down names into your your AI20, that being Salesforce and and Service Now. Um, what do you make of what Jensen said amidst all of this skepticism about that space.>> I think the hearts and lungs of the AI revolution will be in software. Now, look, right now it's data center buildout, GPUs. I mean, you're still in the early days of this what what's going to be a 10-year buildout, but ...

Energy is a big topic nowadays. As a matter of fact, it always has been, and it will become a larger and larger need as many economies develop faster and faster, and the AI revolution unfolds. I have written thatI’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins, stable and expanding free cash flow, and high returns ...

Lumentum (NasdaqGS:LITE) Q2 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsGeorge Notter - Managing Director of Equity ResearchKathy Ta - VP of Investor RelationsMichael Hurlston - President and CEORuben Roy - Managing Director of Equity ResearchSimon Leopold - Managing DirectorVijay Rakesh - Managing DirectorWajid Ali - EVP and CFOWupen Yuen - President, Global Business UnitsConference Call ParticipantsPapa Sylla - VP and Equity Research AnalystRyan Koontz - Managing Director and Equi ...

On January 22, Dan Ives, Global Head of Technology Research at Wedbush Securities, and Jeff Kilburg, Founder & CEO of KKM Financial, appeared on CNBC to suggest that easing volatility, AI-driven tech strength, and falling rates support stock picking and potential new market highs. Kilburg expressed excitement over the president’s stated commitments for $18 trillion in domestic investments and noted that futures are pointing toward new all-time highs. Despite a minor market hiccup related to Greenland, Kilbu ...

Wedbush analyst Dan Ives said recent headlines around NVIDIA Corp (NASDAQ:NVDA) and OpenAI have intensified investor scrutiny, but he views the developments as constructive steps that reinforce the long-term momentum of the AI revolution. • NVIDIA stock is trading near recent highs. What should traders watch with NVDA?Nvidia's OpenAI Investment Under the MicroscopeIves said investor anxiety around circular financing and "too big to fail" concerns tied to OpenAI has turned Nvidia's planned investment into a ...

Core Insights - GSI Technology reported a revenue of $6.1 million for the third quarter of fiscal 2026, representing a 12% increase year-over-year, driven by sustained demand for SRAM solutions [3][4][7] - The company achieved significant milestones in the development of its Gemini-II technology, including a successful proof-of-concept for an autonomous perimeter security system [3][7] - GSI's gross margin for the quarter was approximately 52.7%, a decrease from 54.0% in the same quarter last year, attributed to product mix changes [4][6] Financial Performance - Net revenues for the third quarter of fiscal 2026 were $6.1 million, compared to $5.4 million in the same quarter of fiscal 2025 and $6.4 million in the previous quarter [4][10] - The operating loss for the third quarter was $(6.9) million, compared to $(4.1) million in the prior-year period [9][10] - The net loss for the quarter was $(3.0) million, or $(0.09) per diluted share, an improvement from a net loss of $(4.0) million, or $(0.16) per diluted share, in the same quarter last year [10][21] Cash Flow and Balance Sheet - The company ended the quarter with a cash balance of $70.7 million, significantly up from $13.4 million at the end of the previous fiscal year [12][13] - Total operating expenses for the quarter were $10.1 million, an increase from $7.0 million in the same quarter last year, primarily due to higher research and development costs [6][9] - Cash used in operating activities was $(7.9) million, reflecting investments in the development and commercialization of Gemini-II and Plato [12][13] Customer and Market Insights - Sales to KYEC were $1.1 million, accounting for 17.9% of net revenues, while sales to Nokia increased to $675,000, representing 11.1% of net revenues [5] - Military and defense sales constituted 28.5% of third-quarter shipments, slightly down from 30.0% in the same period last year [5] - The company is pursuing initial design wins for Gemini-II in defense-oriented programs and select commercial edge deployments [3][7]

Economic Data Summary - Initial Jobless Claims increased to 209K, slightly above the estimated 205K, but down from the revised 210K the previous week, indicating a stable labor market with an average of 206K claims over the past six weeks [2] - Continuing Claims fell to 1.827 million, the lowest level in a year and a half, showing a significant decrease from the range of 1.9-1.974 million observed last year [3] - Q3 Productivity remained unchanged at +4.9%, marking the best quarter since Q3 2023, potentially linked to advancements in AI [3] - Unit Labor Costs stayed at -1.9%, the lowest since -2.9% in Q2 of the previous year, suggesting a favorable economic environment with higher productivity and lower labor costs [4] - The U.S. Trade Deficit for November dropped to -$56.8 billion from -$29.2 billion the previous month, significantly better than the all-time low of -$136.4 billion in March of last year [4] Company Earnings Reports - Mastercard (MA) reported earnings of $4.76, exceeding expectations by +13%, with a trailing four-quarter average beat of +3.1% [5] - Caterpillar (CAT) achieved earnings of $5.16 per share, a +10.5% surprise, with revenues of $19.13 billion, surpassing expectations by +6.6% [5] - Lockheed Martin (LMT) experienced its first negative earnings surprise since 2017, reporting $5.80 per share against expectations of $6.24, but shares rose due to a +9.1% increase in revenue [6] - Valero (VLO) delivered strong results with earnings of $3.82 per share and revenues of $30.37 billion, exceeding expectations by +18.62% and +8.24% respectively [6] Upcoming Earnings Reports - Apple (AAPL) is expected to report fiscal Q3 results with a projected earnings growth of +10.4% and revenue growth of +10.87%, having only one earnings miss in the past five years [7] - Visa (V) is anticipated to report a +14.18% increase in earnings and +12.5% in revenues, maintaining a strong track record with an average earnings beat of +2.7% over the last four quarters [8]

Core Insights - Copper prices have surged to record highs, with futures up 10% recently, exceeding $13,000 per ton, driven by supply chain disruptions, trade policy, and increasing demand [1] - Global copper demand is projected to rise from 28 million tons in 2025 to 42 million tons by 2040, leading to a potential 10 million-ton shortfall without significant supply expansions [2] - Speculation and preemptive trading may have inflated copper prices, with analysts suggesting that current levels may not reflect market realities [3] Supply Chain and Market Dynamics - The copper market has faced significant supply shocks, including earthquakes and flooding affecting major mines, which have contributed to supply constraints [6][7] - U.S. tariff risks have influenced trading behavior, with traders moving copper into American channels to avoid duties, impacting supply availability in Europe and Asia [5] - The initial announcement of a 50% tariff on copper imports by the U.S. government led to a temporary price increase, although the tariffs were later clarified to apply only to semi-finished products [4][5]

It's not just silver (SI=F) and gold (GC=F) surging to record highs — copper is also ripping to a record as the metals complex continues to be the defining trade of 2026. Copper futures (HG=F) were up as much as 10%, topping $13,000 per ton as supply chain disruptions, trade policy, and quickly growing demand have pushed prices higher. Priced per pound, copper is currently trading near $6.30; a year ago, prices were closer to $4.25. Copper is essential for data centers and the other technologies underp ...

Our 72 hours to decide this rally as mega cap earnings, the Fed decision and potential government shutdown hang over this market. We'll discuss and debate with the investment committee and joining me for the hour today, Joe Terteranova, Stephanie Link, Shannet Sosha, and Jason Snipe. We will go to the markets.The Dow is red as you see. Everything else though is green led by the NASDAQ as we get ever closer to those mega cap earnings that will begin tomorrow. The S&P hitting a fresh all-time high today.Gold ...