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Dan Ives, an analyst at Wedbush Securities, wrote in investor note Wednesday that the cloud-computing giant "clearly is seeing headwinds in the field and thus is trying to quickly adjust to a softening demand environment."
Source: https://abc7.com/salesforce-job-cuts-layoffs-employee-headcount-count/12651464/
Finally, Wedbush Securities Inc. purchased a new stake in Enphase Energy in the 1st quarter worth about $434,000.
Finally, Wedbush Securities Inc. raised its position in Triton International by 4.4% during the 3rd quarter.
One investment firm known for years as a Netflix bear, Wedbush Securities, has become a bull.
Source: https://deadline.com/2023/01/netflix-q4-earnings-streaming-wall-street-1235226002/
Wedbush Securities analyst Daniel Ives said his firm's customer checks around Microsoft's Copilot services make him incrementally more bullish on the company's prospects.
Wedbush Securities Inc. now owns 68,769 shares of the company’s stock valued at $10,659,000 after acquiring an additional 3,114 shares in the last quarter.
Wedbush Securities Inc. purchased a new position in Vanguard FTSE All-World ex-US Small-Cap ETF during the first quarter worth about $311,000.
Wedbush Securities Inc. trimmed its stake in ) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).