Growth Investing and Market Commentary by Gary Black
Gary Black: Match guides to slightly lower Q4 revenue and EBITDA, Q3 results in line
Match provided fourth-quarter revenue guidance of $865 million to $875 million, slightly below the $871 million consensus estimate, and projected adjusted EBITDA of $327.5 million to $332.5 ...
U.S. stocks recover pre-market as technology names bounce, Gary Black notes
U.S. stocks rose in pre-market trading on Monday, with the SPX up 0.5% and the NDX gaining 0.9% following last week's artificial intelligence selloff and disappointing results from GOOGL and INTC. ...
Gary Black: U.S. stocks drop pre-market as Intel and Amazon results spur tech rotation
U.S. stocks fell sharply in pre-market trading, with the S&P 500 down 1.0% and the Nasdaq 100 down 2.2%, following disappointing results and guidance from Intel and Amazon that accelerated a ...
Weak Google and Samsung results revive AI doubts, Gary Black notes
U.S. stocks declined, with the S&P 500 falling 0.3% and the Nasdaq 100 dropping 1.0%, after disappointing results from Google (down 10%, with AI search impacting advertising revenues) and Samsung ...
Gary Black: U.S. stocks rise pre-market as oil tops $115 on reports of possible strikes
U.S. stocks traded modestly higher in pre-market trading, with the S&P 500 up 0.1% and the Nasdaq 100 gaining 0.3%, as rising oil prices offset gains from AI-related stocks. Brent crude surpassed ...
U.S. stocks rise pre-market amid large AI equity offerings, Gary Black notes
U.S. stocks moved higher in pre-market trading as market participants appeared to disregard recently announced large AI equity issuances such as Anthropic’s likely $100 billion IPO, OpenAI’s ...
Gary Black: U.S. stocks steady pre-market as oil retreats and treasury yields rise
U.S. stocks were steady in pre-market trading Monday, with the S&P 500 up 0.3% and the Nasdaq 100 gaining 0.2% after a volatile week. Oil prices retreated from six-month highs ahead of the ...
U.S. stocks trade higher pre-market Friday, Gary Black notes
U.S. stocks edged modestly higher in pre-market trading Friday, with the S&P 500 up 0.1% and the Nasdaq 100 gaining 0.4% as technology shares partially recovered from Thursday’s AI-spending ...
Gary Black: Some TSLA investors accept aspirational targets to justify extreme valuation metrics
Gary Black, Managing Partner and Investor at The Future Fund, described how some TSLA investors are treating aspirational targets presented by Elon Musk and his leadership team on TSLA's earnings ...
TSLA falls 3 percent after hours on 3Q results, Gary Black notes
TSLA shares fell 3 percent in after-hours trading even though the company exceeded third-quarter estimates for earnings, auto gross margin excluding regulatory credits, and free cash flow. Gary ...
Gary Black: U.S. stocks edge higher as SPCX results boost tech
U.S. stocks edged higher, with the S&P 500 rising 0.1% and the Nasdaq 100 gaining 0.5%, as SPCX reported strong third-quarter results that eased concerns over artificial intelligence spending and ...
U.S. stocks trade mixed ahead of key earnings, Gary Black notes
U.S. stocks were mixed in pre-market trading Tuesday as South Korean data-center company Elice fell 32% on its debut, raising renewed concerns about AI-related spending returns. The SOX index ...
Gary Black: U.S. stocks rebound as chips lift, Brent drops
U.S. stocks rebounded on Monday, with the S&P 500 rising 0.5% and the Nasdaq 100 up 1.1%, ahead of earnings reports from META, NFLX, and TSLA. Chip stocks recovered after the SOX index ended a ...
TSLA earnings forecasts shift negative and autonomy risk grows, Gary Black notes
Gary Black, Managing Partner and investor at The Future Fund, stated that his cautious stance on TSLA is not related to selling his shares in 2025, as some bulls have claimed. Instead, he ...
Gary Black: Tesla unveils new Roadster EV with short-distance flight abilities
Tesla unveiled its updated Roadster electric vehicle at a private event held at the SpaceX facility in McGregor, Texas. The company presented the car to an invitation-only audience, highlighting ...
TSMC boosts FY'26 revenue forecast to 44 percent, Gary Black notes
TSMC issued a new revenue outlook for FY'26, projecting a 44 percent increase, up from its previous forecast of 40 percent. Gary Black, managing partner and investor at The Future Fund, added ...
Gary Black: U.S. stocks edge higher on ASML earnings and guidance
U.S. stocks edged higher, with the S&P 500 up 0.2% and the Nasdaq 100 flat, on strong ASML earnings and guidance ahead of additional bank results and September CPI. Brent crude fell to $106, while ...
Brent drops 1.5 percent to $105 as Saudi Arabia intercepts missiles, Gary Black notes
U.S. stocks were mixed in pre-market trading, with the SPX unchanged and the NDX down 0.4 percent, as the global chip sector selloff continued and Samsung along with SK Hynix plunged in Asia. ...
Gary Black: U.S. stocks rise as earnings outlook offsets Middle East risk
U.S. stocks edged higher as solid earnings prospects from banks and AI firms this week largely offset increased Middle East risks, following Houthi militant strikes against Saudi Arabia that ...
TSLA urged to follow AAPL advertising playbook, Gary Black argues
Gary Black, managing partner and investor at The Future Fund, suggests that TSLA should emulate AAPL’s advertising approach used in the cell phone market as vehicle autonomy becomes more of a ...
Gary Black: Ride hailing firms to offer self-driving and chauffeured options within 3-5 years
Gary Black, managing partner and investor at The Future Fund, expects that within 3 to 5 years, all ride hailing services will provide both chauffeured and self-driving options for their entire ...
