Articles authored by Blake Anderson

The Ryder Cup tees off this week. It’s sure to be a battle on the course. It’s also shown itself to be a battle for market returns. Since 2000, the winning team’s market has outperformed the loser’s market by an average of 1.6% into the end of the year! There may be both pride and …

OpenAI released an in-depth research paper detailing how users are employing ChatGPT. There are three takeaways that stood out to me: Usage is booming. Interactions are becoming higher quality. And users are increasingly using the model for non-work related topics. These datapoints tell a cohesive story: ChatGPT is becoming a more reliable counterpart in our …

“Eventually, AI will change everything. But right now, AI is fundamentally transforming Oracle and the rest of the computer industry, though not everyone fully grasps the extent of the tsunami that is approaching.” – Larry Ellison, Oracle CTO, on the company’s latest earnings call. Oracle’s stock surged 35% on Wednesday following the release of their …

A United States District Court released its long-awaited opinion in the antitrust case filed by the Department of Justice, which alleged that Google built and maintained its market power through illegal actions. The court found that some of Google’s conduct was indeed anticompetitive. However, the proposed remedies were not as severe as many expected, with …

Nvidia and I have at least one thing in common: a stellar summer of 2025. I was fortunate enough to take a sabbatical and travel for several weeks. Meanwhile, Nvidia added roughly $1.2 trillion in market cap since May 23rd (the last close before Memorial Day) through yesterday’s close (FactSet data). Those are fairly comparable …

Microsoft’s latest quarterly earnings report revealed that the company’s AI offerings are powering growth beyond what the company expected. Azure, Microsoft’s cloud computing business, continues to exceed expectations and post accelerating revenue growth rates. Many “AI-native” companies, including OpenAI, rely on Azure’s unique product portfolio to help train and advance their offerings. By providing the …

Investors in tech stocks are walking away from this earnings season with a smile. The five major tech companies all saw a positive revision to their full year earnings estimates, according to FactSet data, and each has seen its share price rise since the start of this reporting season. Forward-looking commentary also supports a potentially …

Technology stocks came roaring back in the second quarter of 2025. With stock prices now elevated, investors are setting a high bar for companies to clear in the upcoming earnings season. Unlike last earnings season – marred by fresh uncertainty stemming from newly announced tariffs – investors may be swifter to punish companies that fail …

The emergence of Artificial Intelligence (“AI”) has triggered one of the largest growth spurts in US electricity demand in decades. Early indicators show some impacts of this already as grid electricity prices are increasing, signaling that electricity demand is growing faster than supply. While the underlying technologies powering AI systems are expected to become significantly …

In November, I wrote A Roadblock Removed to contextualize the rise in Tesla’s stock price and detail a potential regulatory shift that could benefit the company. The regulatory environment for autonomous vehicles (“AVs”) is ambiguous, with many state and local jurisdictions having the right to approve or disallow operators. I detailed the potential for NHTSA, …