"Thunder is loud but raindrops are small"! Wedbush says the Greenland tariff dispute is dragging down the market, but it is actually a good opportunity to buy technology stocks.

Wedbush stated that the current tariff dispute surrounding Greenland will lead to a weak market, but at the same time provide investors with a good opportunity to invest in "tech leader stocks". An analyst team led by Dan Ives mentioned that there are general concerns in the market regarding the tariff dispute between the US and Europe over Greenland, resulting in a weak performance of US stocks in pre-market trading. The Ives team stated, "This week, we are on the scene at Davos... as President Trump arrives tomorrow and meets with tech giants and leaders from various countries, the tariff dispute has become a major concern at the forum. However, we believe, similar to the situation in the past year, this matter will ultimately be much ado about nothing - as negotiations progress, tensions between the Trump administration and European leaders will ease, and the tariff threats will gradually diminish." The analysts pointed out that due to rising risk aversion sentiment, AI concept stocks are under pressure, and the tech sector as a whole is facing pressure, but this is actually an excellent opportunity for investors to position themselves in tech leader stocks for 2026 and beyond. The team further added that based on their research, tech giants will see a strong fourth quarter earnings season in the coming weeks. The capital expenditures by US tech giants this year amount to a whopping $550 billion, driving the AI revolution into a new growth cycle. The Ives team emphasized that the US has now surpassed China in the tech race for the first time in 30 years. Companies like NVIDIA Corporation, Microsoft Corporation, Palantir, Alphabet Inc. Class C, AMD, Amazon.com, Inc., and others are becoming the core DRIVE of this AI revolution. The team stated, "If the market weakens in the morning, we recommend adding positions in several Ives AI 30 components including NVIDIA Corporation, Microsoft Corporation, Palantir, CrowdStrike, Nebius, Apple Inc., Palo Alto Networks, Alphabet Inc. Class C, and Tesla, Inc. The war of words between the Trump administration and the EU is actually giving investors another opportunity to get into tech leader stocks. Despite the continuous scaremongering, we believe the AI revolution is still in its early stages, and the political drama unfolding this week will not change the big trend of the Fourth Industrial Revolution entering a new phase in 2026." It is reported that Trump plans to attend the World Economic Forum in Davos on Wednesday, meet with global CEOs, and deliver a special speech, followed by attending a CEO reception. However, the specific agenda has not been disclosed yet. It is widely believed that the Trump administration's policy shift (including the threat of imposing tariffs on European countries) will be a central topic at the forum. There are also reports that Greenland-related discussions have been added to the previously agreed meeting agenda. US Treasury Secretary Bezent has called on European countries not to retaliate against the US for the tariffs imposed over the Greenland issue.