Key Takeaways Data Center Dominance: Revenue growth from $3B to projected $111B (FY20-25)¹ Market Leadership: Controls over 80% of discrete GPU market¹ Financial Strength: $31.4B cash vs $9.7B debt enables strategic flexibility¹ Technical Edge: CUDA platform creates...

As the AI chip race intensifies, AMD's steady execution and strategic positioning suggest the semiconductor giant is finally ready to step out of Nvidia's shadow. Key Takeaways — Morningstar raises fair value to $160, suggesting 28% upside from current levels Data...

Key Takeaways — Morningstar quadruples PLTR fair value to $79, sparking intense market debate Stock price has surged from $40 to over $80 ahead of Q4 earnings Net revenue retention reaches industry-leading 120% Balance sheet shows $4.6B in combined cash and securities...

A Deep Dive into the Leaders of the AI Revolution — The artificial intelligence boom of 2024 reshaped the technology landscape, creating massive wealth for early investors while fundamentally transforming how businesses operate. Are we in an AI bubble or have we...

The Big Picture — While most tech companies are still figuring out how to turn AI into revenue, Adobe (NASDAQ: ADBE) has been quietly crushing it. As the creative software giant prepares to report its fourth-quarter fiscal 2024 earnings after Wednesday's close, one...

The Big Picture — While most tech companies are still figuring out how to turn AI into revenue, Adobe (NASDAQ: ADBE) has been quietly crushing it. As the creative software giant prepares to report its fourth-quarter fiscal 2024 earnings after Wednesday's close, one...

The Big Picture — Oracle Corporation (NYSE: ORCL) delivered mixed fiscal second quarter 2025 results that highlighted both the promise and challenges of its aggressive cloud and AI expansion strategy. While total revenue grew 9% year-over-year to $14.1 billion, the...

How Another 80% Surge Left Bears Searching for Answers — Many investors look at Tesla's nearly 80% surge since Q3 earnings and instinctively want to call a top. The valuation seems stretched, the stock appears overbought, and surely this can't continue... right?...

The Big Picture — Salesforce finds itself at a pivotal crossroads in the AI revolution. CEO Marc Benioff has taken a surprisingly contrarian stance, suggesting that large language models (LLMs) have "hit a ceiling" and may not get much smarter¹. Instead, Salesforce is...

The Big Picture — The transformation of enterprise security architecture continues to accelerate as organizations transition away from traditional perimeter-based defenses. Zscaler pioneered the zero-trust security model, betting early that companies would shift their...

The Big Picture — The semiconductor industry faces a complex three-body problem: China's geopolitical ambitions, Taiwan's technological dominance, and America's urgent need for chip security. With Taiwan producing 90% of the world's most advanced chips¹, the...

The Big Picture — When Warren Buffett makes a move, Wall Street pays attention. But this time, the Oracle of Omaha's complete exit from Snowflake¹ might reveal more about Berkshire's blind spots than Snowflake's prospects. Trading at a 32% discount to Morningstar's...

The Big Picture — As the AI boom resumes, Nvidia stands at a pivotal moment that could push it toward a $4 trillion valuation¹. As the company approaches its Q3 earnings report, the stakes couldn't be higher - with its data center business experiencing exponential...

Key Takeaways: First sustained profitability milestone in sight Price increases showing minimal churn Operating margin expected to hit 6% (up from historic losses)¹ The Big Picture With over 600 million monthly active users and 250 million premium subscribers, Spotify...

Can Enterprise Momentum Drive Margin Expansion? Key Takeaways: Watch for continued enterprise customer adoption Margin expansion progress toward 20%+ target International growth and merchant solution attach rates The Big Picture Shopify approaches its Q3 earnings with...

Key Takeaways: Q3 concert mix impact on margins International venue expansion progress Ticketing momentum and regulatory updates The Big Picture As Live Nation approaches its Q3 earnings, analysts will focus on how the mix of stadium tours impacts margins and growth....

Big Spending is Good for Big Tech— Key Takeaways: Markets signal potential melt-up as Fed cuts rates amid fiscal expansion⁶ Magnificent Seven dominance reaching historic levels² AI efficiency gains could amplify concentration of wealth⁵ Traditional antitrust...

Navigating Growth Amid Sky-High Expectations — Key Takeaways: Q3 revenue reached $700M, marking 25% YoY growth¹ U.S. commercial revenue shows strong momentum with AI platform adoption Fair value estimate remains at $19.00 despite stock trading above $40² Management...

How Zuckerberg's AI Bet Could Reshape Tech's Future Key Takeaways: Nearly 4 billion monthly active users across Meta's platforms¹ Rock-solid financial position with $65B cash, only $18B debt¹ 12% projected 5-year revenue CAGR¹ Trading near Morningstar's $560 fair...

Growth and Investment Story Ahead of Q3 Earnings Key Takeaways: Azure revenue growth remains a key focus for investors¹ AI investments creating near-term margin pressure but long-term opportunity² Copilot adoption pace under scrutiny² Stock trades at 13% discount to...

AI Threats and Antitrust Concerns Cast Shadow Over Search Giant Key Takeaways: Google faces unprecedented challenges to its search dominance from AI competitors and regulatory pressure Cloud division emerging as a bright spot with strong AI-driven growth potential...

Higher Margins, Bigger Dreams —Key Takeaways: Despite revenue (of $25.2 billion) slightly missing Wall Street estimates, Tesla shares surged nearly 20% post-earnings as investors cheered the significant margin improvement and stronger-than-expected profitability¹...

The House That IT Tickets Built — As ServiceNow prepares to report earnings, investors are focused not just on quarterly numbers, but on the company's increasingly dominant position in enterprise software. With characteristics that Wall Street love—high retention...

Focusing on Affordability and AI — Tesla, the electric vehicle pioneer, is gearing up for a significant strategic pivot. The company is setting its sights on developing more affordable vehicles, reducing costs, and advancing its artificial intelligence capabilities....