Ad-tech is a cash efficient industry with a healthy rebound when economic activity recovers. Ad-tech earnings will be critical for the broader tech landscape, and major players such as Google, Facebook and Snap Inc. have reported this week. Google was the first to report, and sales grew 32% during the quarter, which “reflected broad-based strength in advertiser spend and strong consumer online activity” according to Google CFO Ruth Porat.

Google parent Alphabet’s results have further renewed optimism in the stock market as the company beat analysts’ revenue estimates by 4.9% and EPS by 13%. It was led by the growth in advertising and cloud revenues. Advertising revenue grew by 33% to $61.24 billion. The company also announced the 20-for-1 stock split.

I/O Fund Tech Analyst Bradley Cipriano discusses Microsoft, Tesla and Apple's latest results and what they mean for the broader tech market.

Cloud reports in two waves, with the first wave of Q4 earnings ramping this week. Microsoft was the first to report on January 25th, and strength in cloud sales helped the company beat expectations. Specifically, Azure and other cloud services revenue increased 46% YoY in the quarter, which drove consolidated sales growth of 20% YoY, beating topline estimates by 2%.

IBM released upbeat results recently as the company beat consensus analysts’ revenue estimates by $740 million and adjusted EPS by $0.06. Even though IBM is not a pure-play cloud company, it has increased its focus in the cloud segment to stay in the race.

TSMC broke off Q4 semiconductor earnings after it reported on 01/13/22. Sales at the massive foundry pure play grew 21% YoY in Q4, and net income increased 16%, setting the stage for a strong earnings season for the semiconductor industry. In the analysis that follows, I give a brief overview of the semiconductor industry and discuss key metrics that investors should be aware of heading in Q4 earnings.

It is the first of the series of earnings previews for Q4. We chose Lam Research, AMD, Teradyne, Nvidia, Texas Instruments, Broadcom, and Qualcomm for the Semiconductor sector. To understand valuations across semis and how the sector is positioned moving into earnings, please reference our analysis, “I/O Fund’s Semiconductor Q4 2021 Earnings Preview.”

I/O Fund recently initiated a position on Snowflake given its performance in revenue growth, net retention rate, and percent gain since becoming public over a year ago.

Last August, I predicted that Nvidia could surpass Apple on market cap. Here is what I said in my Forbes article: “I believe Nvidia is capable of out-performing all five FAAMG stocks and will surpass even Apple’s valuation in the next five years” and I expanded on this by stating, “We believe [Nvidia] can surpass Apple by capitalizing on the artificial intelligence economy, which will add an estimated $15 trillion to GDP.

The memory market needs to find new solutions to increase storage capacity and keep up with cloud computing. One such solution is 3D NAND and Micron is pioneering this technology.

I/O Fund’s Lead Tech Analyst Beth Kindig shared her views on cryptocurrency in the Finimize X Ledger Crypto Summit 2021. Here is the video “How to Value the Next Big Crypto Play” and an overview of the discussion.

Beth Kindig shared her views on Square’s name change to Block, Jack Dorsey stepping down as Twitter’s CEO, and the upcoming opportunities to watch in an interview with CoinDesk. Here’s an overview of the discussion.

Cloudflare is excelling as a company in website and application security in addition to Zero Trust and R2 Storage products. Doubtlessly, it will deliver. But at its current valuation, Cloudflare as a stock isn't as attractive to us.

CEO and Lead Tech Analyst Beth Kindig of I/O Fund discusses the current hybrid and work from home trend in relation to cloud companies, specifically Asana. As working from home becomes more commonplace, key cloud-based tools like Asana reap profits.

In November, Beth Kindig discussed winning tech stock picks on the Fox Business News show ‘”Making Money With Charles Payne.” Below are video previews of her discussion and an overview of what the two of them discussed. Despite the current tech rout, we still believe that Roku has the top operating system, is priced reasonably and fits well with smart TVs. Another advantage for Roku is that it has the first-mover advantage in the advertising-based video on demand (AVOD). Roku not only benefits from the cord-cutters but also the brand advertisers. When Beth wrote her initial thesis in 2018, she used to hear questions, “What about Google, Amazon, Netflix, etc.?” Now, the stock has been a multi-bagger for her readers.

In November, Beth Kindig shared her views on bitcoin miners, Microsoft and other tech stocks on the Fox Business show “Making Money with Charles Payne.” Below are video previews of her discussion and an overview of what the two of them discussed. Beth Kindig is known for her stock-picking skills, focusing primarily on the tech sector. Roku, for example, has given four-digit returns to its readers. Other prominent winners include Nvidia, Zoom, and Bitcoin, which have all provided triple-digit returns from Beth’s free newsletter.

I/O Fund Analyst Bradley Cipriano provides an earnings update following Zscaler's Q1 2022 results. Zscaler boasts a uniquely strong position among top-ranking cloud companies. For one, Zscaler has grown 40% or more in all but one quarter since 2018.

I/O Fund is covering the preview for the second part of earnings for cloud stocks. It includes seven of the leading cloud security, productivity tools and data analytics companies. These earnings previews help our readers keep track of changes in trends and where to focus for new opportunities. It also helps to hear what analysts are saying about key companies prior to earnings reports. We noticed that cloud companies with solid stock performance on the run-up to the results beat estimates.

Tech earnings season is long and extends over six weeks. We are finally nearing the end of Q3 earnings season as the last round of cloud companies are expected to report in early December. The I/O Fund had previously highlighted Six Cloud Stocks to Watch During Q3 Earnings, all of which have since reported Q3 results.

I/O Fund is once again proud to announce our record performance. The 1-year return since the inception of our portfolio on May 9, 2020, through May 7, 2021, is 236%, and the year-to-date cumulative return is 28% through July 31, 2021. We either beat $ARKK and other Wall Street Funds by a wide margin or tied the leading funds. After completion of an audit by an independent accounting firm, we arereleasing our results.

Watch I/O Fund Analyst Bradley Cipriano present an update following DLocal's Q3 results. DLocal is a high-performing tech stock that recently went public. The company is growing fast but recent Q3 results came in slightly mixed. Watch to find out more!

I/O Fund boasts 236% 1-Year and 28% 2021 YTD returns which only prove how dedicated I/O Fund is to its mission– making institutional-level stock analysis, particularly in the tech sector, accessible to all. The I/O Fund credits its acheivement of being the #1 top-performing tech portfolio to the growing, passionate base of stock newsletter and premium subscribers. The team is dedicated every day to continue outperforming the large corporations I/O Fund competes with.

Microsoft's stock trajectory began to change when Satya Nadella became CEO in 2014 and today Microsoft is the world's most valuable company partly thanks to Microsoft Azure and Microsoft's other cloud solutions.

Watch I/O Fund Analyst Bradley Cipriano talk about SailPoint's strong growth that is hidden from the Street due to a billing model transition.

Watch I/O Fund analyst Bradley Cipriano quickly go over Bill.com's block buster results as both subscription sales and transaction revenues accelerated during the quarter!

We give a brief overview of our universe of cloud stocks and discuss key metrics that investors should be aware of heading into Q3 earnings.

Cloud stocks continue to do well in the market as these companies are growing very fast. This quarter we chose Cloudflare, Datadog, Dropbox, Bill.com, Five9, and RingCentral with some already reporting today and some reporting soon.

Watch I/O Fund Analyst Bradley Cipriano give an update following Lyft's Q3 record results. Key metrics, such as average revenue per ride and contribution margin reached all time highs as Lyft exits Covid a stronger company. EBITDA is also very robust and rides will likely accelerate.

We provide an update on FuboTV downloads and other metrics ahead of Q3 earnings.

Watch I/O Fund analyst Bradley Cipriano give a brief overview of Eventbrite as the company recovers from the headwinds caused by Covid-19 pandemic.