Articles authored by Jake Bleicher

Earnings continue to roll in, though they’ve had little impact to the market’s narrative thus far. The focus has been on the resurgence of small caps (see Chief Market Strategist Ryan Detrick’s blog here), and my, what a week it has been. While we do expect the earnings reports of the large technology companies to …

As we kickoff the second quarter earnings season, the market sentiment is characterized by cautious optimism. The impressive 16% year-to-date gain in the market has left investors tempering their expectations for the back half of the year, preparing for potential volatility. Concerns about market concentration and other emerging issues are balanced by the excitement surrounding …

Global defense spending has reached a record high of $2.44 trillion as international tensions continue to escalate1. With 56 identified conflicts currently occurring—the most since World War II2—nations are racing to modernize their military capabilities, driving spending to increase at the fastest pace in a decade3. The largest increases in spending have come from Ukraine …

Artificial intelligence is making its mark across various sectors, providing tangible use cases that showcase its potential. From ChatGPT assisting in writing code and school essays to DALL-E generating images based on user prompts, AI’s capabilities are becoming increasingly evident in everyday applications. Apple’s recent announcement about integrating Apple Intelligence (AI) throughout its ecosystem promises …

Each year in June, Apple hosts its weeklong Worldwide Developers Conference (WWDC), showcasing its newest hardware and an ever-growing list of software and services. While every year is significant, the details of how Apple plans to integrate Artificial Intelligence (AI) into its ecosystem made this year’s conference especially important. Investors were bullish on the update …

“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.” – Peter Lynch, Magellan Fund Manager The first quarter earnings season brought mostly positive news for investors, including the fastest earnings growth in five of the last six quarters. Many companies have seemingly recovered from pandemic-induced turmoil, …

Remember the frenzy of 2021, when Roaring Kitty and the meme-stock mania sent shares of GameStop and AMC Entertainment soaring to astronomical heights? The world watched in awe as day traders on Reddit bought shares of these heavily shorted stocks and caused them to skyrocket. GameStop’s stock reached dizzying heights in just a few short …

Breakthroughs in computing power have bestowed upon computers the remarkable ability to “see.” A transformative development that not only encompasses the capacity to recognize and interpret images but also to generate entirely new visual content. Previously, computers could only index images based on textual descriptions provided by humans. For instance, an image might be labeled …

Six of the magnificent seven stocks have reported earnings: Apple, Tesla, Alphabet, Microsoft, Amazon, and Meta. They are buzzing about the seventh, Nvidia. Companies are scrambling to get their hands on Nvidia’s computing chips as if they were Wonka Bars that might have golden tickets. They are spending enormous sums of money to harness AI’s …

“Once cars become truly self-driving, they’ll be as revolutionary as the personal computer.” – Bill Gates   Last week, four of the Magnificent Seven – Microsoft, Meta, Alphabet, and Tesla – reported quarterly earnings. This was a litmus test for investors looking to see if these tech behemoths could keep powering the market higher, and …