Ivana Delevska

We believe earnings for technology companies have bottomed and expect more upside from here What gives us confidence in a 2H23 tech recovery 1Q23 earnings takeaways: hardware bottomed, software to...

Nvidia (NASDAQ:NVDA) will be reporting earnings today after the market close. In this report, we lay out the long-term thesis for the stock.As background, Nvidia has long been associated with...

After several challenging quarters, the setup for cloud stocks is significantly more favorable in 2H23. While flight-to-safety is providing support for the mega-cap stocks, the valuation gap is...

While the upcoming US recession is capturing the headlines, this downturn may look very different than previous ones. Our conversations with over 50 CEOs and CFOs over the past several weeks paint a...

The divergence between semiconductor companies and B2B software is becoming hard to ignore. In this report, we summarize our takeaways from the reported earnings (C4Q22) and dive deeper into why we...

The collapse of the Silicon Valley Bank rattled the markets, but the consequences are yet to be felt. In this report, we dive deeper into why we believe this is a systematic problem and why it creates...

Artificial Intelligence (AI) has garnered a fair amount of hype over the past two months. But investors may be focusing on the wrong set of companies. In this report we focus on two areas that we...

Cloud infrastructure stocks have been among the worst performers this year despite all the excitement around artificial intelligence (AI). In this report, we dive deeper into the drivers of the...

Are we already in a recession? While most investors expect that a recession will come in 2023, we believe that we are already in a recession. We will go into more details about each subsector in...

Earnings trajectory not interest rates primary driver of sector Balance between compounders and binary outcomes Cybersecurity companies reported blowout results, especially considering the...