Latest news with #Jonagold
Yahoo
3 days ago
- Business
- Yahoo
Upstart Holdings' (UPST) Strong Earnings Report Made Maple Tree Capital to Increase Its Holdings
Maple Tree Capital, an investment management company, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. Q1 2025 saw a strong start but turned sour due to tariff concerns and macroeconomic fears, leading to a sharp market pullback, with the Nasdaq falling nearly 22% from its highs and the S&P 500 down 20%. Despite the challenges, the firm made significant progress this quarter by averaging in the top-conviction stocks, utilizing covered calls, and exercising patience. Maple's growth-oriented fund, Jonagold, has become a standout performer, greatly surpassing all major benchmarks since its launch in 2023. While Heartwood is still facing difficulties. Maple Tree Capital's Jonagold returned -13.64% in Q1 compared to the Nasdaq's -10.26% return and the Russel 2000's -9.48% return. Maple Tree Capital's Heartwood returned -18.04% in Q1 vs. the S&P 500's -4.27% and the Dow Jones' -0.87% return. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Maple Tree Capital highlighted stocks such as Upstart Holdings, Inc. (NASDAQ:UPST). Upstart Holdings, Inc. (NASDAQ:UPST) is a US-based artificial intelligence (AI) lending platform. The one-month return of Upstart Holdings, Inc. (NASDAQ:UPST) was -1.65%, and its shares have appreciated by 93.62% over the past 52 weeks. On May 28, 2025, Upstart Holdings, Inc. (NASDAQ:UPST) closed at $47.01 per share, with a market capitalization of $4.535 billion. Maple Tree Capital stated the following regarding Upstart Holdings, Inc. (NASDAQ:UPST) in its Q1 2025 investor letter: "We significantly increased our investment in Upstart Holdings, Inc. (NASDAQ:UPST), our largest holding, this quarter, following an exceptionally strong Q4 earnings report. In fact, we boosted our position by 12.67%, a significant size increase considering it was already our biggest position. A close-up of a businesswoman using a laptop, being illuminated by the AI-enabled cloud interface sponsored by the company. Upstart Holdings, Inc. (NASDAQ:UPST) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 33 hedge fund portfolios held Upstart Holdings, Inc. (NASDAQ:UPST) at the end of the first quarter, which was 39 in the previous quarter. Upstart Holdings, Inc. (NASDAQ:UPST) reported revenue of $213 million in Q1 2025, up 67% year-on-year. While we acknowledge the potential of Upstart Holdings, Inc. (NASDAQ:UPST) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Upstart Holdings, Inc. (NASDAQ:UPST) and shared billionaire David E. Shaw's small-cap stock picks with huge upside potential. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Krispy Kreme (DNUT) Experienced Steep Decline Amid McDonald's Rollout Setbacks and External Pressures
Maple Tree Capital, an investment management company, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. Q1 2025 saw a strong start but turned sour due to tariff concerns and macroeconomic fears, leading to a sharp market pullback, with the Nasdaq falling nearly 22% from its highs and the S&P 500 down 20%. Despite the challenges, the firm made significant progress this quarter by averaging in the top-conviction stocks, utilizing covered calls, and exercising patience. Maple's growth-oriented fund, Jonagold, has become a standout performer, greatly surpassing all major benchmarks since its launch in 2023. While Heartwood is still facing difficulties. Maple Tree Capital's Jonagold returned -13.64% in Q1 compared to the Nasdaq's -10.26% return and the Russel 2000's -9.48% return. Maple Tree Capital's Heartwood returned -18.04% in Q1 vs. the S&P 500's -4.27% and the Dow Jones' -0.87% return. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Maple Tree Capital highlighted stocks such as Krispy Kreme, Inc. (NASDAQ:DNUT). Krispy Kreme, Inc. (NASDAQ:DNUT) is a doughnut company based in Charlotte, North Carolina. The one-month return of Krispy Kreme, Inc. (NASDAQ:DNUT) was -29.02%, and its shares lost 71.25% of their value over the last 52 weeks. On May 28, 2025, Krispy Kreme, Inc. (NASDAQ:DNUT) stock closed at $2.91 per share with a market capitalization of $497.028 million. Maple Tree Capital stated the following regarding Krispy Kreme, Inc. (NASDAQ:DNUT) in its Q1 2025 investor letter: "We have undoubtedly been wrong on Krispy Kreme, Inc. (NASDAQ:DNUT). Since we started our position in March, the stock has gone down, vertically. And, on top of that, we initiated this in size. A pure double whammy to the downside, and the most significant negative impact on our performance. While the McDonald's rollout has been slower than expected, Krispy Kreme still has that deal in place, with a very strong national brand. The stock is caught up in recession fears, high debt and ozempic fears adding fuel to the fire. Short sellers have gotten particularly interested in this stock, and a cyber-attack that occurred in Q4 caused Krispy Kreme to miss its sales and profitability estimates, further sinking shares. We think that while these headwinds are real, the stock has been punished far too much. This is a kitchen sink. An employee of the grocery store happily decorating doughnuts with colorful icing. Krispy Kreme, Inc. (NASDAQ:DNUT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 18 hedge fund portfolios held Krispy Kreme, Inc. (NASDAQ:DNUT) at the end of the first quarter, which was 14 in the previous quarter. In the first quarter of 2025, Krispy Kreme, Inc. (NASDAQ:DNUT) reported net revenue of $375.2 million, which aligns with the guidance provided last quarter. While we acknowledge the potential of Krispy Kreme, Inc. (NASDAQ:DNUT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Krispy Kreme, Inc. (NASDAQ:DNUT) and shared Jim Cramer's successful stock predictions. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Krispy Kreme (DNUT) Experienced Steep Decline Amid McDonald's Rollout Setbacks and External Pressures
Maple Tree Capital, an investment management company, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. Q1 2025 saw a strong start but turned sour due to tariff concerns and macroeconomic fears, leading to a sharp market pullback, with the Nasdaq falling nearly 22% from its highs and the S&P 500 down 20%. Despite the challenges, the firm made significant progress this quarter by averaging in the top-conviction stocks, utilizing covered calls, and exercising patience. Maple's growth-oriented fund, Jonagold, has become a standout performer, greatly surpassing all major benchmarks since its launch in 2023. While Heartwood is still facing difficulties. Maple Tree Capital's Jonagold returned -13.64% in Q1 compared to the Nasdaq's -10.26% return and the Russel 2000's -9.48% return. Maple Tree Capital's Heartwood returned -18.04% in Q1 vs. the S&P 500's -4.27% and the Dow Jones' -0.87% return. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Maple Tree Capital highlighted stocks such as Krispy Kreme, Inc. (NASDAQ:DNUT). Krispy Kreme, Inc. (NASDAQ:DNUT) is a doughnut company based in Charlotte, North Carolina. The one-month return of Krispy Kreme, Inc. (NASDAQ:DNUT) was -29.02%, and its shares lost 71.25% of their value over the last 52 weeks. On May 28, 2025, Krispy Kreme, Inc. (NASDAQ:DNUT) stock closed at $2.91 per share with a market capitalization of $497.028 million. Maple Tree Capital stated the following regarding Krispy Kreme, Inc. (NASDAQ:DNUT) in its Q1 2025 investor letter: "We have undoubtedly been wrong on Krispy Kreme, Inc. (NASDAQ:DNUT). Since we started our position in March, the stock has gone down, vertically. And, on top of that, we initiated this in size. A pure double whammy to the downside, and the most significant negative impact on our performance. While the McDonald's rollout has been slower than expected, Krispy Kreme still has that deal in place, with a very strong national brand. The stock is caught up in recession fears, high debt and ozempic fears adding fuel to the fire. Short sellers have gotten particularly interested in this stock, and a cyber-attack that occurred in Q4 caused Krispy Kreme to miss its sales and profitability estimates, further sinking shares. We think that while these headwinds are real, the stock has been punished far too much. This is a kitchen sink. An employee of the grocery store happily decorating doughnuts with colorful icing. Krispy Kreme, Inc. (NASDAQ:DNUT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 18 hedge fund portfolios held Krispy Kreme, Inc. (NASDAQ:DNUT) at the end of the first quarter, which was 14 in the previous quarter. In the first quarter of 2025, Krispy Kreme, Inc. (NASDAQ:DNUT) reported net revenue of $375.2 million, which aligns with the guidance provided last quarter. While we acknowledge the potential of Krispy Kreme, Inc. (NASDAQ:DNUT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Krispy Kreme, Inc. (NASDAQ:DNUT) and shared Jim Cramer's successful stock predictions. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yomiuri Shimbun
6 days ago
- Entertainment
- Yomiuri Shimbun
Rubik's Cube Featuring Aomori Apple Varieties Debuts Nationwide; Challenging Puzzles Already Rolling off Shelves
Courtesy of the Aomori prefectural government An Aomorikku Cube puzzle toy Aomorikku Cube, Rubik's Cube puzzles designed with apple skin coloration, sales have begun outside Aomori Prefecture. Instead of solid colors, each side of the cube is patterned on a different variety of apple produced in the prefecture. The Aomori prefectural government sold the toys in the prefecture from autumn last year, quickly selling out. Many people voiced their desire to buy the puzzle, so the prefectural government has begun selling them again to promote apples, a prefectural specialty product. This year marks the 150th anniversary of the beginning of apple tree planting in the prefecture. When the Aomorikku Cube is solved, each surface shows an image patterned after a different apple variety. The designs are: Fuji, Jonagold, Sekai-ichi, Kogyoku, Chiyuki and Mutsu. All of them are red and look very similar. People need to align the pieces of each surface while paying attention to features of the apple varieties, making it very challenging. In October last year, the toys began to be sold in stores at 11 locations in the prefecture. They caught on right away and the initial run of 1,000 toys sold out in about 2 months. According to the prefectural government's tourism policy division, many people from inside and outside of the prefecture voiced a desire to buy them even after they initially sold out. The prefectural government decided to sell the toys again starting May 1, this time selling them outside the prefecture as well. In Aomori prefecture, the toys are available in multiple locations, including a store in Misawa Airport. Outside the prefecture, such retailers as Aomori Hokusaikan Tokyo Store, the prefecture's antenna shop in Chiyoda Ward, Tokyo, and A La Ringo Kobe Factory Shop in Hyogo Ward, Kobe, sell them. They sell for ¥3,300 each, including tax. By May 23, some shops reported their stock of the toys was low. An official of the prefectural government's tourism policy division said, 'We want people to become familiar with the features of apple varieties and hope the toys will prompt them to visit the prefecture to try the apples for themselves.'
