Articles authored by Blake Anderson

Tesla recently hosted its “We Robot” event, showcasing recent production innovations such as the CyberCab and Optimus Robot. While the company typically hosts an annual demonstration of its latest technology, this year’s event was expected to be groundbreaking. Tesla CEO Elon Musk posted on X weeks before the event that “this will be one for …

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) …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …