Wedbush Analyst Dan Ives Says Apple's WWDC 2024 Keynote Lived Up To Its Hype: 'I Think It Was A Home Run'
Portfolio Pulse from Ananya Gairola
Wedbush analyst Dan Ives praised Apple's WWDC 2024 keynote, highlighting its advancements in AI and privacy. He believes Apple's AI initiatives will drive a new supercycle and boost hardware upgrades. Despite the positive outlook, Apple shares fell 1.91% after the event.
June 11, 2024 | 3:12 am
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Wedbush analyst Dan Ives praised Apple's WWDC 2024 keynote for its AI and privacy advancements, predicting a new AI-driven supercycle. Despite this, Apple shares fell 1.91% after the event.
Dan Ives' positive remarks on Apple's AI advancements and privacy measures suggest strong future growth potential. However, the immediate market reaction was negative, with shares falling 1.91%. This could be due to high expectations already priced in or short-term profit-taking.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100