Latest news with #SFIOCRACHO
Yahoo
24-06-2025
- Business
- Yahoo
Vuzix (VUZI) Receives $5 Million Investment from Quanta, Achieves Waveguide Production Targets
Vuzix Corporation (NASDAQ:VUZI) is one of the 7 most popular AI penny stocks under $5 to avoid. On June 16, the company received a $5 million second tranche investment from Quanta Computer, a global Original Design Manufacturer (ODM) and strategic partner. SFIO CRACHO/ This latest investment brings Quanta's total investment in Vuzix to $15 million, although the total anticipated investment from the company is $20 million. According to Vuzix, this latest capital injection 'strengthens' the partnership between Vuzix and Quanta and 'expands' Vuzix's waveguide production capabilities. The investment was made in the form of a convertible note with a conversion price of $8.00 per share. Meanwhile, Vuzix has successfully achieved its waveguide production and yield targets. The company successfully scaled its proprietary waveguide manufacturing process to meet the growing demand for its solutions. This milestone is crucial for enhancing the company's state-of-the-art waveguide manufacturing capabilities. Vuzix said that the capital injection and the achievement of a key milestone position it to deliver affordable, lightweight, and performance-driven AI smart glasses for mass-market adoption. Vuzix Corporation (NASDAQ:VUZI) is a New York-based technology company. It designs and sells smart glasses and augmented reality (AR) products. Some of its products already in the market include wearable display devices like the Vuzix Blade, M Series, Shield, and Z100, as well as waveguide optics and display engines. The company also provides engineering services and OEM/ODM solutions. While we acknowledge the potential of VUZI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None.
Yahoo
29-05-2025
- Business
- Yahoo
Klaviyo (KVYO) Slid Despite Strong Earnings
Sands Capital, an investment management company, released its 'Sands Capital Technology Innovators Fund' Q1 2025 investor letter. A copy of the letter can be downloaded here. Technology Innovators focus on pioneering businesses worldwide that serve as key drivers or beneficiaries of significant long-term changes driven by technology. The fund returned -10.4% (net) in the first quarter compared to a 9.4% return for the benchmark, MSCI ACWI Info Tech and Communication Services Index. The choice of securities in the software sector was the primary factor negatively impacting relative performance. You can check the fund's top 5 holdings to know more about its best picks for 2025. In its first-quarter 2025 investor letter, Sands Capital Technology Innovators Fund highlighted stocks such as Klaviyo, Inc. (NYSE:KVYO). Headquartered in Boston, Massachusetts, Klaviyo, Inc. (NYSE:KVYO) is a technology company. The one-month return of Klaviyo, Inc. (NYSE:KVYO) was 6.72%, and its shares have appreciated by 48.04% over the past 52 weeks. On May 28, 2025, Klaviyo, Inc. (NYSE:KVYO) closed at $33.65 per share, with a market capitalization of $10.008 billion. Sands Capital Technology Innovators Fund stated the following regarding Klaviyo, Inc. (NYSE:KVYO) in its Q1 2025 investor letter: "Klaviyo, Inc. (NYSE:KVYO) is an innovative provider of business-to-consumer (B2C) marketing technology. The business reported a strong 2024 fourth quarter result, with key metrics exceeding both consensus and our expectations. While shares declined—due to high pre-earnings expectations, a slightly softer guide, and the broader tech selloff—we view the business as executing well. Management continues to improve communication and operational delivery, with strong momentum across upmarket adoption, international expansion, and product innovation. The standout announcement was the launch of a full CRM platform that integrates marketing, customer service, and analytics. This shift positions Klaviyo as a true platform business for B2C brands, in our view, and expands its AI opportunity." SFIO CRACHO/ Klaviyo, Inc. (NYSE:KVYO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held Klaviyo, Inc. (NYSE:KVYO) at the end of the first quarter, which was 30 in the previous quarter. Klaviyo, Inc. (NYSE:KVYO) reported Q1 revenue of $280 million, representing 33% year-over-year growth. While we acknowledge the potential of Klaviyo, Inc. (NYSE:KVYO) 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 Klaviyo, Inc. (NYSE:KVYO) and shared the list of most promising new technology stocks according to analysts. 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
