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STOCKS | Wedbush's Dan Ives Predicts Magnificent 7 Will Outperform in the Second Half of 2026

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2026-07-06 12:30:25
Wedbush analyst Dan Ives said he expects the “Magnificent 7” to significantly outperform in the second half of 2026. According to NS3.AI, Ives attributed his outlook to heavy spending by hyperscalers and expectations for upcoming corporate results.

Ives said hyperscalers are spending $700 billion. He also said July earnings season will validate Big Tech.
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