Blake Anderson
Bank Earnings Preview
Second-quarter bank earnings are around the corner, and expectations are perhaps correctly elevated across the board. Many of the larger firms in the sector may have just seen record-breaking quarters thanks to robust capital markets activities driven by equity issuances. And many of the smaller firms may be benefitting from robust lending and banking activity …
Blake Anderson
July 6, 2026
Russell Reconstitution: Micron and Amazon Swap
The semi-annual FTSE Russell reconstitution occurs today. This reconstitution welcomes new companies into well-known indices, such as SpaceX into the Russell 1000 index. It also reshuffles companies between value and growth indices, such as Micron and Amazon transitioning in opposite directions. Micron Leaves Value Micron’s business has undergone a fundamental boom, and price momentum has …
Blake Anderson
June 29, 2026
The S&P 500’s Latest Changes: AI In, Consumer Out
The S&P 500’s latest quarterly rebalance offers a fascinating snapshot of where investors believe the U.S. economy is headed. Effective June 22, 2026, the index will add Marvell Technology and Flex while removing Pool Corporation and Campbell’s Company. While index changes are often viewed as routine housekeeping, they frequently provide insight into broader market trends …
Blake Anderson
June 22, 2026
Sunny Days for Solar Stocks
Solar stocks are finally seeing brighter skies. After spending much of the past two years under a cloud of higher interest rates, policy uncertainty, and industry oversupply, the crisis in the Middle East has renewed the focus on energy independence and propelled these stocks to be some of the best performers in the market as …
Blake Anderson
June 15, 2026
Talking the SpaceX IPO (Continued)
I was honored to be a guest on Facts vs Feelings last week! Ryan, Sonu, and I tackled one of the hottest topics of 2026 – the SpaceX IPO. Below are some of the charts I referenced when talking about SpaceX (the company) and SPCX (the IPO)! I’ve added a couple of additional points we …
Blake Anderson
June 8, 2026
Software’s Selloff (Revisited)
Earlier this spring, I authored ‘Software’s Selloff’ detailing the price deterioration across stocks within the software industry. Analyzing data from past software selloffs hinted at some key takeaways: the selloff was ‘young’ in February (and could have taken longer to bottom), and it was deep enough that investors could have expected significant earnings deterioration. With …
Blake Anderson
June 1, 2026
Nvidia’s Results and the Agentic Shift
Nvidia investors have envy for the first time in a while. Although Nvidia stock is up +20% year to date, it’s significantly lagging other semiconductor heavyweights. Nvidia’s poor relative performance comes as a new shift in computing towards Agentic AI takes place. However, Nvidia’s results and commentary from their earnings report may remind investors that …
Blake Anderson
May 21, 2026
Surging Semiconductors
The surge in semiconductor stocks continued last week. The industry is on pace for its best year since 2009 in just the first 4+ months of 2026! Recent earnings results and commentary from leading executives in the industry signal that the growth of artificial intelligence is no longer just boosting demand for GPUs, but is …
Blake Anderson
May 11, 2026
The Fantastic Five Deliver on Earnings
Apple, Amazon, Alphabet, Microsoft, and Meta delivered earnings reports that largely lived up to investors’ expectations last week. Their financial results paint a clear picture: AI is driving earnings growth even amidst record spending levels. While some investors may fear we’re in a ‘build and hope’ cycle, the results and commentary of this earnings season …
Blake Anderson
May 4, 2026
Tech Priors Confirmed
Tech investors last week digested earnings reports that largely confirmed prior beliefs: semiconductors remain vibrant, while software remains challenged. Intel’s report highlighted the fundamental strength investors expected as AI agents grow. In contrast, ServiceNow’s report failed to meet expectations despite some optimistic commentary. Intel’s Agentic Outlook Shares of Intel traded to a new all-time high …
Blake Anderson
April 27, 2026