Stock Sector's Long-Lasting Bull Run Predicted by Investor Dan Ives Persists
In a recent announcement, Dan Ives, the Global Head of Tech Research at Wedbush, has shared his predictions regarding the tech stock market and the Nasdaq over the next few years.
1. **Golden Age of Tech**: Ives believes that the tech sector is entering a "golden age" driven by artificial intelligence (AI), which will fuel a multi-year rally. He likens the current AI boom to the "second inning" of a baseball game, indicating a long runway for growth.
2. **Nasdaq Projections**: Ives predicts that the Nasdaq could reach levels of 22,000 to 25,000 over the next 12 to 18 months. This projection is based on his belief that AI will continue to propel tech stocks forward.
3. **AI Expansion**: Ives foresees AI spreading across various sectors, including cybersecurity, software, and infrastructure. This expansion supports his bullish outlook for companies like Nvidia, Microsoft, and Palantir.
4. **Three-Year Bull Market**: Ives anticipates a three-year bull market for tech, driven by the transformative power of AI and related technologies. He advises against focusing solely on short-term valuations, emphasizing the long-term potential of these tech stocks.
Meanwhile, in the cryptocurrency world, Little Pepe has emerged as one of the leading meme coins of 2025 after raising over $4.5M in presale.
Elsewhere, GUNZ announced the expansion of its GUN Token to the Solana network. BioMatrix has surpassed five million verified users, setting new standards for real human engagement in Web 3.0. The Open Platform has become the first unicorn in the Web 3.0 ecosystem with a $1 billion valuation. G-Knot has appointed Wes Kaplan as CEO to launch the first finger vein biometric wallet.
NEXST has launched a Web 3.0 virtual reality entertainment platform with K-Pop group UNIS as its first global partner. The Nasdaq Composite is currently at 20,601 points, a 1.02% increase during the last 24 hours. Ives also predicts that the second, third, and fourth derivatives of AI are just starting to play out.
These developments underscore the ongoing growth and innovation in both the tech and cryptocurrency sectors, with AI playing a significant role in driving this expansion.
[1] GUNZ Expands GUN Token to Solana Network. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/gunz-expands-gun-token-to-solana-network/ [2] Ives: AI Revolution Fueling Tech Stock Surge. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/ives-ai-revolution-fueling-tech-stock-surge/ [3] Little Pepe Raises Over $4.5M in Presale. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/little-pepe-raises-over-4-5m-in-presale/ [4] BioMatrix Surpasses Five Million Verified Users. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/biomatrix-surpasses-five-million-verified-users/ [5] The Open Platform Becomes First Web 3.0 Unicorn. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/the-open-platform-becomes-first-web-3-0-unicorn/ [6] G-Knot Appoints Wes Kaplan as CEO. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/g-knot-appoints-wes-kaplan-as-ceo/ [7] NEXST Launches Web 3.0 VR Entertainment Platform with UNIS. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/nexst-launches-web-3-0-vr-entertainment-platform-with-unis/ [8] Nasdaq Composite at 20,601 Points after 1.02% Increase. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/nasdaq-composite-at-20-601-points-after-1-02-increase/ [9] Ives Predicts Second, Third, and Fourth Derivatives of AI. (n.d.). Retrieved from https://www.thedailyhodl.com/2025/03/01/ives-predicts-second-third-and-fourth-derivatives-of-ai/
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- The cryptocurrency landscape is also thriving, with meme coin Little Pepe raising significant funds and altcoins like GUNZ expanding to new networks, showcasing the continuous innovation in the sector.
- The impact of blockchain technology, as witnessed in the crypto world, is not limited to finance but extends to various sectors, such as gaming with NEXST's Web 3.0 VR entertainment platform.
- In line with the predicted bullish trend in traditional finance, the convergence of technology and finance through blockchain is likely to attract more investments in crypto assets and related technologies.
