Wedbush analyst Dan Ives projects a 25% surge in tech stocks for 2024, with NASDAQ potentially hitting the 20,000 mark. What Happened: Ives, in a New Year’s Day tweet, stated, “We believe tech stocks will be up 25% in 2024 with a NASDAQ 20k level our bull case scenario as the Street is still significantly under estimating how quickly this AI monetization cycle is playing out among enterprises in the field. Dec quarter end checks strong for cloud.” See Also: Dragonfly Energy Is Expanding Into Remote Industrial Applications With Its Patented And Trusted Products This comes in the backdrop of ana…

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