CNBC's Fast Money · Oct 15, 2026 · 43m · 36m saved
With Dan Ives, Partner & Senior Managing Director at Yorkville Ives & Co.
Dan Ives, partner and senior managing director at Yorkville Ives & Co., told CNBC's Fast Money that AI monetization could add $75 a share to Apple's stock.
Apple has trailed the rest of big tech in the AI story. Dan's case is that 1.5 billion iPhones put Apple between consumers and the AI they use. Its new partnership with Meta, he argued, is the start of that.
"When you have 1.5 billion iPhones and 2.5 billion iOS devices, that's the golden install base. They're essentially going to be the toll collector on the consumer AI highway." — Dan Ives
Dan came on the show fresh from a trip to Korea, which shaped his read on memory chips. Before he joined, the traders argued over why stocks had bounced a day after Wednesday's tech rout.
The full episode is covered here so you can skip it. 43 minutes of audio, 7 minutes of reading.
Here are the 8 calls that matter.
Key Takeaways
Apple and Meta's AI partnership could be the first of many, in Dan Ives's view
He thinks it shuts rival AI partners out of Apple, at least unofficially
AI could add $75 a share to Apple, on 15% of services revenue becoming AI-driven
Dan sees the AI financing selloff as a buying opportunity, much like the "SaaS-apocalypse" scare
The bond reversal was "historic," says Guy Adami, who still expects rates to rise
Tim Seymour reads the rate move as slower growth, not runaway inflation, so tech was oversold rather than broken
Deutsche Bank upgraded Walmart to buy with a $136 price target, up from $113
1. Huang's Backing Ends a Rout
Melissa Lee, who hosts Fast Money, opened the hour on why stocks were recovering a day after a tech-led selloff. Nvidia CEO Jensen Huang had said he was optimistic about CoreWeave's direction and that its cost of capital was falling. CoreWeave closed 6% higher.
Karen Finerman says one vote of confidence was enough to break the selling
"Once you get into this sort of, okay, now we're in a vicious cycle of selling, but there's a bottom, maybe there's some good news — and then you start to see things trade better, and the stock starts to approach flat." — Karen Finerman
Karen, one of the show's traders, had seen the Nvidia-linked names looking shaky. In her view, a word from Huang was the good news that let the stocks climb back toward even.
