Dan “Dapper Dan” Ives, managing partner at Wedbush Securities, discussed the global market sell-off on CNBC’s “Squawk Box,” highlighting opportunities within the tech sector. Ives emphasized that the decline in technology stocks is not a cause for panic but rather an opportunity for strategic investment. He noted that despite market volatility, companies like Apple and Microsoft remain strong due to innovations in AI and cloud computing​.

Ives pointed out that the sell-off is influenced by broader economic concerns, including inflation and interest rates, but he urged investors to focus on long-term potential. According to Ives, “I believe this is just a massive fear of panic that will create the opportunity to own $NVDA, $AAPL, $MSFT, $AMZN and $GOOGL, and that’s always been our playbook.” He emphasized that the fundamentals of tech companies are robust, and their growth prospects remain intact​.

The tech sector’s resilience is driven by its ongoing innovation and adaptation to market changes. Ives advised investors to concentrate on companies with strong financial health and solid growth strategies.

^{Bill Burton is an Engineer and Journalist with 5 total years of experience in the Bitcoin sector.}

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