Dan Ives Leaves Wedbush to Launch New Merchant Bank
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: CNBC
- Career Transition: After eight years at Wedbush Securities, Dan Ives is launching a modern merchant bank that aims to integrate research, advisory, capital raising, and investing, marking a significant career pivot.
- Focus on AI: The new bank will concentrate on capitalizing on opportunities created by artificial intelligence and other structural shifts, demonstrating Ives' keen insight into future market trends and potential.
- Diverse Services: Ives' firm plans to offer proprietary research, strategic advisory, capital raising, and investments across sectors including technology, energy, and financials, showcasing a broad industry coverage capability.
- Ongoing Research Role: Despite his transition to banking, Ives intends to continue covering technology stocks in a research capacity, indicating his ongoing commitment and focus on the tech sector.
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About ORBS
Eightco Holdings Inc., through its subsidiary, Forever 8 Fund, LLC, operates as an inventory capital and management platform for e-commerce sellers. Forever 8 Fund, LLC (Forever 8) is an e-commerce fintech company that provides funding solutions for e-commerce businesses. Forever 8 provides funding solutions for e-commerce businesses, which sell on Amazon, Shopify and other online platforms. Forever 8 uses proprietary technology to review product sales data and determine funding potential for online retail entrepreneurs around the world. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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