Blake Anderson
Nvidia’s Record Results
By Blake Anderson, CFA®, Associate Portfolio Manager The Numbers Nvidia’s latest quarterly results exceeded both the company’s and investors’ expectations. The company posted quarterly revenue of $68.1 billion, which exceeded the $65.0 billion of revenue the company guided for. This $3.1 billion beat compared to their guidance marks the company’s largest-ever beat, exceeding last quarter’s …
Blake Anderson
February 26, 2026
Software’s Selloff
By Blake Anderson, CFA®, Associate Portfolio Manager 2026’s ‘Tech Wreck’ continues as investors extend their selloff in technology-related stocks. Investors have shied away from this industry as concerns about AI-fueled disruption to their core business models have risen. For investors with exposure to software, it may be informative to assess whether current prices signal valuation …
Blake Anderson
February 17, 2026
Tech Wreck
By Blake Anderson, CFA®, Associate Portfolio Manager Software-focused technology firms are among the weakest stocks so far this year. The pace and magnitude of this drawdown rival other notable bear markets and might have some investors calling 2026 a ‘tech wreck.’ Yet this weak price action – largely fueled by fear of AI disruption – …
Blake Anderson
February 6, 2026
Early Earnings Highlights – Banks & Planes
By Blake Anderson, CFA®, Associate Portfolio Manager The first earnings season of 2026 is underway, and results from several S&P 500 heavyweights are offering a snapshot of the U.S. economy. From banks navigating interest-rate dynamics and robust capital markets to airlines riding soaring travel demand, the tone thus far has been constructive. Banks — Resilience …
Blake Anderson
January 26, 2026
Nvidia Debuts Rubin At CES 2026
By Blake Anderson, CFA®, Associate Portfolio Manager “Demand for AI compute is skyrocketing.” ~Jensen Huang at Consumer Electronics Show 2026 This year’s Consumer Electronics Show (‘CES’) might as well have been called the ‘Nvidia Show-off Show’ in my opinion. Nvidia used the opening night keynote address to introduce its newest chip family – Rubin – …
Blake Anderson
January 12, 2026
Buffett Waves Goodbye
By Blake Anderson, CFA®, Associate Portfolio Manager Warren Buffett’s departure from Berkshire Hathaway doesn’t feel like the typical CEO retirement. Buffett’s leadership of Berkshire Hathaway stands as one of the most impressive track records in corporate America, both from an operational standpoint and an investment performance standpoint. I wrote about Berkshire’s Rise to $1 Trillion …
Blake Anderson
January 5, 2026
IPO Activity Normalizes in 2025
By Blake Anderson, CFA®, Associate Portfolio Manager The Initial Public Offering (“IPO”) window reopened in 2025. IPOs are seen as the lifeblood of public capital markets and a measure of risk sentiment, with IPOs often the largest funding round in a company’s life, enabling the companies to vastly expand their investor base. IPO volume largely …
Blake Anderson
December 29, 2025
Tech’s Recent Tumble
By Blake Anderson, CFA®, Associate Portfolio Manager Shares of major technology companies have fallen into correction territory in recent weeks. There are a few potential drivers of this drawdown, but it’s also worth it to reiterate that technology investments are inherently volatile. Investors operate under the guise of imperfect information that can often be spun …
Blake Anderson
December 22, 2025
A Deeper Dive in Tech’s 2025 Outperformance
The technology sector is on track to be the highest-returning S&P 500 sector of stocks in 2025. This outperformance can in part be explained by better-than-average earnings revisions for the sector relative to the broader market. And this fundamental strength in tech stocks has been led by the largest companies in the sector. A Strong …
Blake Anderson
December 15, 2025
The Magnificent 7 Has A New Look – Broadcom’s Banner Year
Investors referring to the ‘Magnificent 7’ ought to update their rolodex. Broadcom has quietly become the seventh largest stock in the S&P 500, surpassing Tesla. Perhaps ‘Elite 8’ is a better title for these stocks. Broadcom has marched higher this year, registering the second-best year to date stock price gain amongst the largest stocks in …
Blake Anderson
December 5, 2025