Dan Ives Names Two Tech Stocks for the Next $4 Trillion Wave Moz Farooque ACCA Thu, October 8, 2026 at 8:20 AM EDT AAPL +0.91% NVDA -0.74% MSFT +0.09% PLTR +1.07% CRWD -4.81% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Dan Ives is doubling down on mega-cap technology heading into 2027, naming Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Palantir Technologies (NASDAQ:PLTR), Apple (NASDAQ:AAPL) and CrowdStrike (NASDAQ:CRWD) as his top five technology picks. His thesis centers on a coming multitrillion-dollar spending wave across AI infrastructure, software and cybersecurity that he believes investors are still underestimating.
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"Initiating tech coverage tonite. In our view, investors underestimating the scale and scope of this $4 trillion dollar spending wave next few years," Ives said in a social-media post.
The picks span several layers of the AI trade. Nvidia sits at the center of accelerated computing, Microsoft provides cloud and enterprise AI exposure, Palantir is tied to data analytics and AI software, while CrowdStrike gives investors cybersecurity exposure. Apple offers a different angle through its enormous installed base and potential AI monetization across consumer devices.
Performance has already diverged sharply this year. CrowdStrike has been the standout, rising roughly 138% in 2026, while Nvidia has gained about 28% and Apple around 22%. Microsoft and Palantir have posted more modest gains, while Tesla (NASDAQ:TSLA), which Ives separately named as his preferred disruptive-technology play, is down roughly 15%.
That dispersion matters because Ives' call is not simply another blanket bet on technology. It assumes the next phase of the spending cycle will reward companies positioned at different points across chips, cloud infrastructure, enterprise software and cybersecurity.
The biggest question is whether the projected spending wave translates into durable earnings growth rather than just higher capital expenditures.
For Nvidia and Microsoft, investors should watch AI infrastructure demand, data-center revenue and returns on massive capital spending. For Palantir and CrowdStrike, commercial growth and operating leverage will matter more. Apple's test is whether AI features can drive stronger device upgrades and services monetization.
Valuation remains the common risk. If AI spending slows or corporate returns disappoint, the highest-multiple names could face the sharpest reset.
For investors following Ives' 2027 thesis, the next several earnings cycles will matter more than headline enthusiasm: revenue growth must increasingly prove that the $4 trillion spending narrative is translating into profits.
