Yorkville Ives founder Dan Ives has identified Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp.
(NASDAQ:MSFT), and Palantir Technologies Inc. (NASDAQ:PLTR) as market leaders driving the tech boom.
” He singled out Palantir, explicitly calling the firm the “Messi of AI” due to the execution story it has built. Nvidia and Microsoft remain foundational to the infrastructure phase.
” Read Also: Dan Ives Says M&A Is the ‘Missing Piece’ for Apple in AI Arms Race — New CEO John Ternus Could Finally Shake Up Tim Cook’s Playbook Infrastructure Build-Out Ives recently returned from a data center tour in rural Nebraska. He observed up to 1,500 data centers being built across the United States.
m. m.
around now. ” The Software Disconnect Addressing recent volatility, Ives highlighted the software sell-off as a “top three surprise” in his 30 years in the market.
He labeled the “SaaS apocalypse” narrative as the “most disconnected trade” he has seen, criticizing the idea that AI would wipe out software. He acknowledged some legacy companies face an “uphill battle,” but noted organizations will not “vibe code” and rip out established systems of record like Salesforce.
” He advised market participants to “tune out the noise, eye on the prize” instead of abandoning positions during normal ebbs and flows. 98% Read Also: Apple CEO John Ternus Has a Big AI Opportunity: BofA Sees ‘Device Dominance’ Ahead, Eyes Nearly 20% Upside for AAPL Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
