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Wedbush Analyst Bullish on Tech Earnings, Sees AI-Driven Momentum Continuing

Wedbush Analyst Bullish on Tech Earnings, Sees AI-Driven Momentum Continuing

Author:

Global Cryptocurrency

Published:

2025-11-03 14:35:26

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BTCCSquare news:

Wedbush's top-rated analyst Daniel Ives has doubled down on his bullish stance for mega-cap tech stocks following strong quarterly earnings from several 'Magnificent 7' companies. The AI-driven market momentum shows no signs of slowing, with Ives predicting the tech bull market will persist for at least two more years.

'This tech cap-ex supercycle is driving the 4th Industrial Revolution,' Ives noted, dismissing bearish concerns about an AI bubble. The analyst points to trillions in projected spending as evidence of sustained growth in the sector.

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