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Constellation Insights
August 26, 2025

Stanford study: AI is eating entry level jobs

A Stanford University study found that generative AI is eating entry level jobs for workers 22 to 25 year old. The paper, which is based on ADP data, found that early career workers in occupations exposed to genAI have seen a 13% relative decline in employment.

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August 24, 2025

News Analysis: Nvidia Earnings Preview

Potential Nine Straight Quarters Of Beat

With Nvidia reporting earnings after the bell on Wednesday August 27th, the market consensus forecasts $48 billion in revenue.  Nvidia's had an enviable track record of 8 consecutive quarters of beat and raise.  If Nvidia exceeds $48 billion in revenues, this would be up over 53% YoY.  The stock has been up almost 25% for 2025, and 1300% in the past 5 years.  With over a $4.4 trillion market cap, this represents almost 7.4% of the S&P.  Th