Articles authored by blakeanderson

Consumer discretionary stocks are off to a slow start in 2025. Amongst the equal-weight-sector allocations, an equal weight portfolio of all consumer discretionary stocks in the S&P 500 (as proxied by RSPD) has posted the worst return through March 25th. Commentary from several companies in the sector reveals a dynamic business landscape, influenced by the …

Nvidia hosted its annual GPU Technology Conference (“GTC”) this past week, showcasing its latest technology. This event marked the company’s first opportunity to address investor concerns following the DeepSeek-driven drawdown which raised questions about future demand for computing. Nvidia unequivocally painted a bullish picture, emphasizing how large language models (“LLMs”) have evolved significantly in recent …

The Magnificent 7 group of stocks has seen a poor start to 2025. The group entered 2025 with premium valuations, and expectations for premium growth to continue. But earnings growth has only fallen in line with the broader market, and that represents a sharp slowdown compared to the group’s recent performance. Investors may be well …

The stock price change of technology companies is on pace for the second worst start to a year in the last decade. Sector investment fund returns are notably lagging their recent historical averages even as earnings expectations have so far held up. Additionally, momentum-based correlations have broken down and index-based dispersion has increased, signaling that …

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 …

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 …

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 …

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 …

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 …

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 …