Blake Anderson
Under the Hood: Financials Earnings Preview
The close of the calendar quarter means the opening of earnings season. Investors this week will parse results from some of the largest financial institutions in the world including JPMorgan, Wells Fargo, and Bank of America, among others. Assessing the big picture, the financials sector (as proxied by XLF, the Financial Select Sector SPDR ETF) …
Blake Anderson
October 7, 2024
Smarter AI Models are Redefining Accuracy
In recent years, artificial intelligence (AI) has moved from the fringes of technological advancement to the center stage of innovation. Companies like OpenAI and Microsoft are continually pushing the boundaries, releasing more intelligent, faster, and increasingly accurate AI models. Two such developments that have made headlines include OpenAI’s newest iteration of ChatGPT and Microsoft’s Wave …
Blake Anderson
September 23, 2024
A Summer Swoon in Trendy Tech
Returns in the stock prices of technology companies have cooled as of late, marking a sharp change from the experience of the previous year. Performance to date in the third quarter of 2024 is listed below for the so called ‘Magnificent 7,’ and the data show a significant slowdown compared to recent history. An equal …
Blake Anderson
September 16, 2024
Nvidia Misses a High Bar
Investors digested Nvidia’s second quarter results last week. The company fell short of high expectations with the stock trading -6% the day after. However, it’s results are still best in class with revenue growing 122% year over year and adjusted EPS growing 153% year over year, according to company data. Heading into the release of …
Blake Anderson
September 4, 2024
How AI is Potentially Creating a Safer World
Artificial intelligence (AI) is rapidly transforming various sectors, enhancing efficiency, accuracy, and safety in ways previously unimaginable. By assisting professionals such as doctors and police officers, AI is playing a crucial role in making the world a safer place. While it is likely premature to make calls for AI to replace humans, there is mounting …
Blake Anderson
August 21, 2024
The Evolving Employment Landscape: How Previous Tech Waves Elevated Workers
The employment landscape has continuously evolved with technological advancements, reshaping industries and altering the nature of work. Historically, technological waves have led to job displacement but have also created new opportunities and higher-paying roles. The proliferation of artificial intelligence (AI) and subsequent automation of previously manual processes may usher in similar disruptions. The introduction of …
Blake Anderson
August 14, 2024
AI’s Evolution: From Code to Images
Artificial Intelligence (AI) is changing the world around us. The rapid advancement and adoption of this technology was catalyzed by Nvidia GPUs, powerful processors that have revolutionized the interaction between technology and humans. The evolution of these semiconductors has enabled researchers and developers to create more sophisticated and human-like AI systems. These systems reflect the …
Blake Anderson
August 8, 2024
Under the Hood: Growing Trends Remain…Growing
By Blake Anderson, CFA, Sr. Analyst, Investment Investors this week parsed results from some of the world’s most familiar companies including Alphabet, Tesla, Visa and Spotify. Each of these companies aim to tell investors a similar story about product innovation and revenue growth as a result. In a growing economy that continuously produces new …
Blake Anderson
July 29, 2024
Nvidia’s Remarkable Rise to #1
Nvidia’s monumental run eclipsed a new milestone, with the company achieving the title of the most valuable publicly traded company at the end of June 18th, according to FactSet data. The fever surrounding Nvidia may draw parallels to the Nasdaq’s ‘DotCom’ run in the late 1990s, but the differences between 2024 and the 1990s may …
Blake Anderson
June 24, 2024
Powering Up: AI’s Impact on the Power Grid
Artificial Intelligence (AI) is reshaping industries worldwide. Amidst the excitement over AI’s transformative power, there looms a pertinent concern: its impact on energy consumption. While data centers currently constitute a small percentage of US electricity usage, utility companies are already preparing for demand to continue to grow. But there is an offset. Even amidst AI’s …
Blake Anderson
June 10, 2024