The Robotics Underdog Ready to Run

An AI robotics company cutting crime by 46% and scaling fast-yet its valuation lags behind peers.

Dan Ives Urges Apple 'To Make A Move,' Saying That Perplexity Acquisition Is 'A No-Brainer': 'It's A Matter Of When And Not If'

Rishabh Mishra
July 02, 2025

Tech bull Daniel Ives has urged Tim Cook‘s Apple Inc. (NASDAQ:AAPL) to make quick moves and acquire Perplexity AI for its search engine.

What Happened: Stating that Apple was kind of a “yawner” at the WWDC 2025 event, Dan Ives said the iPhone maker needs to “make a move,” in an interview with CNBC during its ‘Power Lunch’ program.

He said that Apple’s “treadmill approach” needs to end, and it needs to eye a big splashing partnership with either Perplexity or Anthropic.

While Ives has previously mentioned that he expects Apple to consider acquiring Perplexity, he said in this latest conversation that “It’s a matter of when and not if, in other words, Apple needs to make a move, and it’s clear. Perplexity to me seems like a no-brainer, relative to how it would fit.”

“Look, it’s about the developers. If you look at OpenAI, if you look at Google, if you look at Microsoft, they (Apple) need to get into the game. That is something that can’t be done in Cupertino,” he added.

He also reiterated his belief in positive upward momentum in Apple’s stock by saying that “The reason the stock can go up in the second half of the year is that I think Apple is going to make a move. I know they still haven’t done an acquisition since Beats, being the biggest one, but now is the time for Cook and Cupertino to move away from the treadmill approach.”

See Also: Jim Cramer Says ‘Apple Buyback Is Not Working Right Now,’ Michael Saylor Quips Tim Cook’s Company ‘Should Buy Bitcoin’

Why It Matters: In an X post from June 10, Jim Cramer also advocated for more ambitious capital allocation strategies for Apple.

"I have to be critical and say they should buy Perplexity," he stated.

His advice is driven by the expected U.S. government antitrust decision against Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google by August 2025, which could disrupt Google's default search agreements with Apple's Safari browser.

Such a change would enable Apple to adopt Perplexity's conversational AI to enhance its competitiveness in the rapidly changing search market, Cramer explained.

Price Action: Shares of Apple were up 0.76% in premarket on Wednesday after ending 1.29% higher on Tuesday. It fell by 14.78% on a year-to-date basis and 5.65% over the past year.

Benzinga Edge Stock Rankings shows that Apple had a weaker price trend over the medium and long term but a stronger trend over the short term. Its momentum ranking was poor, and its value ranking was also bad at the 9.05th percentile. The details of other metrics are available here.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, edged slightly higher on Wednesday. The SPY was up 0.097% at $618.25, while the QQQ advanced 0.05% to $547.27, according to Benzinga Pro data.

Read Next:

  • Trump Is Slamming Jerome Powell Because He ';Wants A Weaker Dollar,' Says Ed Yardeni: ';Pounding Powell = Pounding The Dollar'

Photo: Shutterstock

Popular

Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

After Diddy's conviction, here's where his business ventures stand

LOS ANGELES (AP) — Sean “Diddy” Combs has been in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.

Robotics Valuation Gap: Who Will Win? - Ad

Two companies. Same sector. Vastly different valuations. One brings in millions in revenue, the other, barely a fraction. The market hasn't caught on yet.

Del Monte, the 139-year-old canned fruits and vegetables company, seeks bankruptcy protection

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options.

Trump says he's not planning to extend a pause on global tariffs beyond July 9

WASHINGTON (AP) — President Donald Trump says he is not planning to extend on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take effect unless there are

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Senate Republicans block attempt to roll back massive tax hike on professional gamblers

WASHINGTON (AP) — Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and that professional gamblers warn could be the end of their industry.

KKR Bets On Sustainable Protein Demand With ProTen Investment In Australia

KKR is acquiring Australian poultry giant ProTen to strengthen its agri-infrastructure portfolio and tap growing demand for sustainable protein.

The Next Big Breakout Isn't a Chip. It's Glass. - Ad

Smartphones disrupted phones. EVs disrupted autos. Now smart surfaces are disrupting everything - and one overlooked company is at the center of it.

How to build a portfolio you don’t have to babysit

If you’re a do-it-yourself investor aiming to build a “no babysitter required” portfolio, here are the key steps to take.

The Public Safety Revolution - Ad

Robotics is transforming public safety. One company is leading the charge with cutting-edge tech and a low-cost service model. With growing momentum and a tight stock float, this is one to watch.

What's Fueling ON Semiconductor's Recent Stock Surge?

ON Semiconductor has recently seen a significant surge, gaining over 47% in the last three months and outperforming the index's 34% rise, and it currently trades above its 50-day moving average of $47.56.

Capgemini Doubles Down On Agentic AI With $3.3 Billion WNS Acquisition

Capgemini acquires WNS for $3.3B, creating a global leader in AI-powered Intelligent Operations. Deal expected to close by year-end.

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

One under-the-radar company is embedding intelligence into everyday glass-already powering Ferraris, aircraft, and city buses with adaptive surfaces and vision systems. It's not just a product. It's a platform.

Autonomous Vehicles Hit Their 'ChatGPT Moment' — Best Stocks To Watch Now

Autonomous vehicles are entering their ‘ChatGPT moment' as AI unlocks real-world deployment. Discover 28 top stocks in a $1.2 trillion market.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Sonnet BioTherapeutics Drops 5% Intraday, Rebounds 14% After Hours Amid Delisting Concerns

Sonnet BioTherapeutics Holdings Inc. (NASDAQ: SONN) fell 5.54% on Thursday to close at $3.92, before rebounding 14.29% in after-hours trading to $4.48, amid concerns of a potential NASDAQ delisting.

Carnival's Wild New Private Resort Makes Waves With Huge Swim-Up Bar, Giant Sandcastle

Celebration Key features a mile-long beach, the world's largest swim-up bar, a 10-story sandcastle featuring two water slides and a massive man-made lagoon. 

From Ferrari to Bombardier - This Tiny Company Is Everywhere - Ad

A $150M disruptor is transforming glass into real-time displays and vision systems. Already embedded in global OEMs and Tier 1s, it's scaling fast - yet still under Wall Street's radar.

International Space Station welcomes its first astronauts from India, Poland and Hungary

CAPE CANAVERAL, Fla. (AP) — The first astronauts in more than 40 years from India, Poland and Hungary arrived at the International Space Station on Thursday, ferried there by SpaceX on a private flight.

After screwworm scare, US-Mexico border set to reopen for cattle imports

MEXICO CITY (AP) — Mexico and the United States said they would gradually reopen the United States border to cattle imports from Mexico in July after U.S. agriculture officials over fears of the northward spread of the screwworm, agriculture officials in both countries said Monday.

The Robotics Underdog Ready to Run - Ad

An AI robotics company cutting crime by 46% and scaling fast-yet its valuation lags behind peers.

'Lord of the Rings' director backs long shot de-extinction plan, starring New Zealand's lost moa

WASHINGTON (AP) — Filmmaker owns one of the largest private collections of bones of an extinct New Zealand bird called the moa. His fascination with the flightless ostrich-like bird has led to an unusual partnership with a biotech company known for its grand and controversial plans to bring back lost species.

French police raided the headquarters of far-right National Rally in campaign finance investigation

PARIS (AP) — French police raided the headquarters of far-right party on Wednesday, seizing documents and accounting records, the party's leader said, as part of a campaign finance inquiry.

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Copper is climbing again - and this time, it looks tariff-proof. A $31M junior just posted nearly 1B lbs of copper equivalent. With insiders and institutions piling in, this could be the next breakout.

Trump Reportedly Told Iran It Was OK To Strike Back After US Attack: 'I Said, 'Go Ahead, I Understand''

President Trump reportedly allowed Iranian leaders to launch a retaliatory attack on a U.S. military base in Qatar in response to the U.S. bombing of Iranian nuclear facilities.

Russia fires a record 728 drones and 13 missiles at Ukraine, Ukrainian air force says

KYIV, Ukraine (AP) — Russia fired a record 728 Shahed and decoy drones at Ukraine overnight, as well as 13 missiles, the Ukrainian air force said Wednesday, in the latest escalation amid mounting Russian aerial and ground attacks in the .

A Robotics Leader in Disguise - Ad

Forget the hype. Real revenue, growing contracts, and a low float make this stock a hidden gem in the robotics space.

Joe Rogan Once Said He Started Doubting The Apollo Missions After COVID-19, Compared Post-Flight Press Conference To A 'Hostage Video'

Joe Rogan told Matt Walsh he began doubting the moon landing after COVID, while Walsh argued that faking the Apollo missions would have been even more unbelievable than achieving them.

Is This Defense AI Stock The Next Palantir? It's Starting To Look That Way

BigBear.ai (BBAI) is gaining momentum with a $165 million defense contract and its AI platform being featured in a U.S. Army project, making it an appealing option compared to Palantir's high valuation.

Robotics Meets Public Safety Innovation - Ad

Advanced security robots, real-world impact, and a valuation gap too big to ignore. This robotics stock is one to watch.

BlackRock's Bitcoin ETF Surpasses S&P 500 ETF In Revenue As XRP, Dogecoin ETF Approval Predicted To Follow Soon

The momentum behind spot crypto ETFs is accelerating, as inflows and revenues from Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs have outpaced traditional

Here's what to know about clean energy in Republican megabill headed to Trump

Congress passed a Thursday that curbs billions of dollars in spending across clean energy. That means people will be paying a lot more for home solar, energy efficiency and other green technologies — and the nation's efforts to address climate change just got a lot more challenging.

Robotics Valuation Gap: Who Will Win? - Ad

Two companies. Same sector. Vastly different valuations. One brings in millions in revenue, the other, barely a fraction. The market hasn't caught on yet.

Asia Markets Mixed, Europe Gains, Dollar Hit by Fed Concerns And Cooling Inflation - Global Markets Today While US Slept

US markets closed mixed on Wednesday, tech shares lifted Nasdaq while S&P 500 remained flat. Fed Chair Powell reiterated wait-and-see approach. Asian markets mostly up, European markets also positive with oil prices steady.

Dubai’s booming restaurant scene is feeling the heat of high costs and high failure rates

DUBAI, United Arab Emirates (AP) — From suspended tables to underwater lounges, some 13,000 food and drink establishments in Dubai pull out all the stops to attract customers in one of the world’s most saturated dining markets.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Elizabeth Warren Says GOP Chose Trump Over American People, Slams 'Big Beautiful Bill' For Potentially Ushering Health Care Cuts, Price Hikes

Sen. Elizabeth Warren (D-Mass.) and former Treasury Secretary Lawrence Summers are voicing their concerns on the provisions of the recently passed "One Big, Beautiful Bill," warning of significant consequences for working American families.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright priceactionea.net
Privacy Policy | Terms of Service