Blake Anderson
Nvidia’s Earnings Meet Expectations
Nvidia released its latest earnings report after market close on Wednesday, delivering results that largely met expectations. Despite increased volatility in the stock recently, which included a record one-day market cap loss, the company’s fundamentals appear strong, customer demand remains robust. While investors can never know with certainty how the future unfolds, Nvidia’s latest results …
Blake Anderson
February 27, 2025
Mighty Mid-Caps
Mid-Cap stocks have had a strong start to 2025. The iShares Russell Mid-Cap Growth ETF (trading under IWP) has outperformed both the S&P 500 and the Nasdaq 100 ETFs so far this year. In fact, the recent surge in this index is reaching historical levels, with concentration in the index at a decade-high. This heightened …
Blake Anderson
February 24, 2025
Under the Hood: Technology Earnings Conclude
Investors digested results from six of the ‘Magnificent 7’ in the past two weeks. After A Magnificent Year, it is time for the companies to deliver the rise in earnings to support their lofty stock prices. Unfortunately, only one company, Meta Platforms, shows positive performance since reporting. This stock price performance for the group reflects …
Blake Anderson
February 10, 2025
Project Stargate
Project Stargate was announced on January 21st, 2025. According to OpenAI, one of the partners in the project, Stargate aims to “invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States.”1 The newly created company will have its work cut out for it. Artificial Intelligence (AI) research …
Blake Anderson
February 3, 2025
Under the Hood: Technology Earnings Preview
Technology stocks find themselves at a pivotal crossroads ahead of this earnings season. Price action and fundamentals are beginning to send mixed signals. Active equity investors are likely to scrutinize both the quarter’s results and full-year outlook for the sector’s constituents to assess whether forward estimates are attainable. The technology sector, as proxied by XLK …
Blake Anderson
January 27, 2025
Innovations from CES 2025
The 2025 Consumer Electronics Show (“CES”) took place this past week. To say AI-focused products stole the spotlight would be an understatement – AI practically was the show. Leading the charge was Nvidia, with CEO Jensen Huang opening the conference to preview the company’s latest advancements. Other companies, such as Delta Airlines, displayed their AI …
Blake Anderson
January 13, 2025
Software AND Semiconductors
The age-old debate between technology investors was on prime display in 2024. While both the semiconductor and software industries had stellar performance in 2024 relative to broader market-cap weighted indices, it was a tale of two halves. I’m reminded, often, how debates, such as ‘software or semis,’ surface throughout markets, but may often be distracting. …
Blake Anderson
January 6, 2025
A Magnificent Year
2024 has seen continued outperformance from the ‘Magnificent 7’ group of stocks. Year to date through December 24th, an equal weight portfolio of these 7 stocks has returned 69.0% versus a gain of 26.5% for the S&P 500 (FactSet data). This year builds on years of outperformance for this group as an equal weight portfolio …
Blake Anderson
December 30, 2024
OpenAI’s Latest Releases
By Blake Anderson, CFA®, Senior Analyst, Investment OpenAI has recently expanded its suite of AI tools and adjusted its subscription offerings to cater to a diverse user base. The company, with a reported 500 million monthly active users, is taking bold steps to increase monetization of the company’s intelligence products while also adding capabilities. Their …
Blake Anderson
December 23, 2024
Under the Hood: Surging Software
The iShares Expanded Technology Software Sector ETF (trading under IGV) has recorded a quarter-to-date gain of +21.5% as of Thursday’s close (FactSet data). The software-focused ETF is trouncing other broader ETFs over this period. It’s a welcome relief for software and technology-focused investors compared to earlier in the year, with the ETF seeing a gain …
Blake Anderson
December 9, 2024