Tech analyst Dan Ives from Wedbush believes the tech bull market is in its early stages, anticipating a robust second half of the year. Here's his top picks:
In the ever-evolving world of technology, Dan Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities, has shared his optimistic outlook for the second half of 2025, particularly for tech giants like Nvidia and Microsoft.
Ives, known for his insightful predictions, believes that Nvidia could experience a staggering 500% gain, with its market capitalization soaring to an impressive $5 trillion. He refers to Nvidia as the "Messi of AI," leading the charge from software to the entire AI supply chain.
Microsoft, too, is expected to see its market value increase, potentially reaching between $4 trillion and $5 trillion. The company's strong positioning in AI and cloud software makes it one of the top tech plays for the ongoing AI boom.
Ives's overall tech outlook is equally bullish. He anticipates that the S&P 500 could reach 7,000 points and the NASDAQ could rise by another 15% through the rest of 2025. This growth, according to Ives, is attributed to the accelerating AI revolution expanding beyond software into consumer products and across the supply chain. Despite geopolitical and tariff risks, Ives remains confident in the tech sector's potential.
Other notable developments in the tech world include the launch of ROFL Mainnet by the Oasis Protocol Foundation, a verifiable off-chain compute framework powering AI applications. Additionally, P2P.org has brought native ETH staking to Ledger Live globally.
In the crypto space, Ethereum has seen a 3.04% increase in value over the past 24 hours, while Bitcoin has risen by 1.4%. Cooking.City is bringing back value redistribution to Solana Fair Launches, and the number-one DeFi protocol on Aptos, Echo, has launched a Token Generation Event.
PrimeXBT has launched a 'Trade As VIP' campaign offering 70% off trading fees, and Nexo has become the first-ever digital asset and wealth partner of the DP World Tour, launching the Nexo Golf Championship.
However, when it comes to the potential acquisition of the US arm of the Chinese autonomous vehicle company Pony AI by Uber, Ives considers it a smart, strategic move. He believes Uber needs to focus on partnerships and expanding its repertoire in autonomous vehicles to stay competitive in the rapidly evolving tech landscape.
In summary, Dan Ives foresees a multi-year tech rally fueled by AI, with exceptional upside potential for Nvidia and Microsoft in the latter half of 2025 as AI adoption deepens and broadens across industries. As always, it's essential for investors to conduct their own research and consider their risk tolerance before making any investment decisions.
- The bullish outlook for the second half of 2025, as shared by Dan Ives, includes a forecast for the cryptocurrency market, with Ethereum and Bitcoin experiencing notable increases in value.
- Beyond Nvidia and Microsoft, Ives recognizes the potential of blockchain technology in various industries, citing the launch of ROFL Mainnet by the Oasis Protocol Foundation and the native ETH staking on Ledger Live as noteworthy developments.
- In the finance and business world, Dan Ives considers the potential acquisition of the US arm of Pony AI by Uber as a strategic move, reflecting the importance of technology, including altcoins and AI, in staying competitive in the rapidly evolving tech landscape.
