Dan Ives Raises Apple (AAPL); Tesla’s (TSLA) Still On Top

The services business should reaccelerate over the coming quarters back to a double digit trajectory, says Dan Ives. He discusses talking Apple (AAPL) and Tesla (TSLA). He talks about how Wedbush raised its price target on Apple (AAPL) to $190 from $180 on Wednesday. He notes that positive iPhone Asia checks are painting a stable demand story, and APPL's services business is set to see an acceleration in FY24. He then goes over the role of A.I. in the future of technology. He mentions that TSLA is down for its 4th straight day. He highlights that TSLA's competitive landscape is becoming more broad each day with competitors like Rivian (RIVN) and Lucid (LCID). He underlines that TSLA is still on top and everyone else can't compete with its battery capacity technology. Tune in to find out more about the stock market today.