Wedbush's Dan Ives sees Nvidia reaching $6tn valuation by 2027

Wedbush analyst Dan Ives says the recent software sell-off is "the most disconnected since the late 1990s" and believes the sector still has further upside. He argues software is the "hearts and lungs" of the AI buildout, signaling a bullish stance for AI-related software names and suggesting potential portfolio reweighting toward the sector, though this is analyst commentary rather than new fundamental data.

Analysis

Wedbush analyst Dan Ives says the recent software sell-off is "the most disconnected since the late 1990s" and believes the sector still has further upside. He argues software is the "hearts and lungs" of the AI buildout, signaling a bullish stance for AI-related software names and suggesting potential portfolio reweighting toward the sector, though this is analyst commentary rather than new fundamental data.