Blake Anderson
Nvidia’s Earnings Cap A Stellar Summer
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 …
Blake Anderson
August 28, 2025
Microsoft Further Exceeds a Higher Bar
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 …
Blake Anderson
August 18, 2025
Technology Earnings Takeaways
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 …
Blake Anderson
August 11, 2025
Technology Earnings Preview
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 …
Blake Anderson
July 7, 2025
The Energy Behind Artificial Intelligence
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 …
Blake Anderson
June 30, 2025
A Roadblock Removed Redux
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, …
Blake Anderson
June 23, 2025
Apple’s Conference Leaves a Sour Taste
Apple hosted their annual World Wide Developers Conference (“WWDC”) last week. The event is a showcase of many software updates and is meant to serve as inspiration for iOS developers to create new App-store offerings. This year’s WWDC featured a host of updates, but largely did not meet investors’ expectations for AI-focused innovations. Key mentions …
Blake Anderson
June 16, 2025
IPO Momentum Continues
Strong recent activity and returns in the IPO market continue to provide a gauge that investor sentiment is high. As I wrote previously, IPO activity across major U.S. exchanges has largely rebounded to long-term average levels. Post-IPO returns reveal a meaningful divergence between technology and non-technology companies, mirroring the recent bull market in tech-related stocks. …
Blake Anderson
June 9, 2025
Nvidia’s Beat and My Appearance on FvF!
Nvidia released its latest earnings report after market close on Wednesday, delivering results that beat expectations. The company has had anything but a smooth start to the year, most recently having to manage through a ban on selling product to Chinese customers. Yet, these latest results show the company keeps executing as guidance implies a …
Blake Anderson
June 2, 2025
Autonomous Vehicles Accelerate
Autonomous Vehicles (‘AVs’) have rapidly shifted from hype to help. Long touted as a transformational technology, AVs have often been discussed with uncertain timelines for adoption. But recent breakthroughs from Waymo and Uber show accelerating usage and growing profitability—key signals that AVs may finally be here to stay. With momentum building, your next ride could …
Blake Anderson
May 19, 2025