AI industry

“Top Tech Analyst Dan Ives Predicts 25% Surge in Tech Stocks in 2024, Citing AI as the Biggest Transformation in the Tech Sector Since 1995”

According to a recent report by Wedbush Securities’ top tech analyst, Dan Ives, the technology sector is expected to see a surge of at least 25% in stock prices in 2024, which is predicted to be the “year of AI” ^{1 2}. The report also suggests that Wall Street is underestimating the speed at which the AI monetization cycle is playing out ¹.