Wedbush Securities analyst Daniel Ives dismissed the latest U.S.-Europe tariff threats over Greenland as temporary market “noise” in a client note today, encouraging investors to use any resulting weakness as an opportunity to add to positions in leading tech names, including Apple.

The comments come amid sharp declines in U.S. futures and European equities after President Donald Trump escalated his push for U.S. control of Greenland — a self-governing territory claimed by Denmark — by threatening 10% tariffs on goods from Denmark and several other NATO allies starting February 1, 2026, with increases to 25% by June if no resolution is reached. The rhetoric has heightened fears of broader trade friction just as the World Economic Forum kicks off in Davos, Switzerland.

Ives, who is attending Davos where Trump is expected to address tech leaders and world figures, struck a calm and bullish tone in his note to clients.

“Being here at Davos this week on the ground… the tariff scuffle is clearly an overhang on the conference as Trump gets here tomorrow to speak to tech leaders and various world leaders,” Ives wrote. “Our view is just like over the last year the bark will be worse than the bite on this issue and tariff threats as negotiations take place and tensions ultimately calm down between Trump and EU leaders.”

He characterized the current environment as sentiment-driven rather than fundamentally threatening.

“Tech stocks will be hit as the ‘risk off dynamic’ hits AI names front and center but ultimately we view this as an opportunity to own the tech winners for 2026 and beyond,” Ives wrote.

Ives explicitly stated that the Greenland tariff noise “does not change the long-term outlook.” He recommended using the pullback to build positions in core AI and technology leaders.

“On weakness this morning we would be buying many of our IVES AI 30 names, including Nvidia, Microsoft, Palantir, CrowdStrike, Nebius, Apple, Palo Alto, Google, and Tesla,” he added.

The analyst framed the episode as consistent with previous trade-related flare-ups that have ultimately resolved through negotiation, leaving the secular growth story of the “4th Industrial Revolution” — including AI, cloud, and consumer tech — firmly intact heading into 2026.

While the note did not single out Apple-specific supply chain or sales risks from the proposed European tariffs, Ives’s inclusion of AAPL among his top buy-on-weakness recommendations underscores his continued confidence in the company’s long-term trajectory despite short-term geopolitical headlines.
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MacDailyNews Take: Investors will likely monitor developments at Davos closely, as any progress — or lack thereof — in discussions involving Greenland could influence whether the current dip proves fleeting or more persistent.

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