Pinterest, Inc. (NYSE: PINS ) reported solid revenue growth in the first quarter, supported by strong growth in users and engagement, along with continued improvements in advertising capabilities. Despite this, Pinterest's share price is down around 16% since IRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by i ...

Group 1 - Mobileye's business has shown stability in recent months, which is considered a positive outcome amid tariff uncertainties [1] - The company's Advanced Driver Assistance Systems (ADAS) segment appears to be solid, although there is limited new information regarding the commercial traction of its products [1] Group 2 - Narweena, an asset management firm, focuses on identifying market dislocations due to misunderstandings of long-term business prospects, aiming for excess risk-adjusted returns [1] - The firm emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and a long-term investment horizon [1] - Narweena's investment strategy is influenced by demographic trends, such as an aging population and low growth, which may create new investment opportunities [1] - The firm notes that many industries may face stagnation or decline, potentially improving business performance due to reduced competition [1] - There is a growing trend of asset-light businesses dominating economies, leading to a decline in infrastructure investment needs [1] - A large pool of capital is pursuing a limited set of investment opportunities, resulting in rising asset prices and compressed risk premiums over time [1]

Cognex's ( CGNX ) share price has come under further pressure in recent months, due in part to the company's valuation and mixed demand across end markets. In addition, Cognex's exposure to the logistics, automotive and consumer electronics sectors, andRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by identifyi ...

Xometry's (NASDAQ: XMTR ) Q1 results were strong, and the company gave solid forward guidance, particularly given the uncertain macro environment. The full impact of tariffs likely won't be known for some time, though, and the fact that Xometry recently conducted Richard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved b ...

Group 1 - Materialise's Q1 results were mixed but positively received by investors due to low expectations, with the Medical segment showing healthy growth [1] - Materialise's guidance indicates that tariffs will be less impactful moving forward [1] Group 2 - Narweena, an asset manager, focuses on identifying market dislocations caused by misunderstandings of long-term business prospects, aiming for excess risk-adjusted returns [1] - The research process at Narweena emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon [1] - Narweena's investment strategy is influenced by an aging population, low population growth, and stagnating productivity, which may create new investment opportunities [1] - The firm believes that many industries may face stagnation or secular decline, potentially improving business performance due to reduced competition [1] - There is a trend towards asset-light businesses, leading to a declining need for infrastructure investments, which is affecting capital allocation and asset prices [1]

Twist Bioscience (NASDAQ: TWST ) reported solid results in the second quarter of FY2025, but the management team appeared downbeat on the earnings call. Twist has also chosen to spin out its data storage segment, with a fairly modest value attached to the business. TheRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achie ...

Zimmer Biomet's (NYSE: ZBH ) stock dropped close to 10% after the company reported soft first quarter results and meaningfully reduce full year earnings guidance. While there are a range of factors impacting Zimmer Biomet's business at the moment, weakness is beingRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved ...

Group 1 - Joby's share price has faced pressure recently due to reduced investor risk appetite and perceived lack of progress compared to Archer Aviation [1] Group 2 - Narweena, led by Richard Durant, focuses on identifying market dislocations and believes in achieving excess risk-adjusted returns through secular growth opportunities in markets with entry barriers [2] - The research process at Narweena emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon [2] - Narweena's investment strategy is influenced by an aging population, low population growth, and stagnating productivity, which may create different investment opportunities compared to the past [2] - Many industries may experience stagnation or secular decline, potentially improving business performance due to decreased competition, while others may face rising costs [2] - The economy is increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments, resulting in a large pool of capital chasing limited investment opportunities [2]

Group 1 - ClearPoint's share price has been volatile, but there is a steady flow of positive news regarding its business fundamentals [1] - Richard Durant leads Narweena, an asset manager focused on identifying market dislocations due to poor long-term business prospects understanding [1] - Narweena aims for excess risk-adjusted returns by targeting businesses with secular growth opportunities in markets with barriers to entry [1] Group 2 - Narweena's research emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon [1] - The firm focuses on smaller cap stocks and markets where competitive advantages are not immediately apparent [1] - An aging population with low growth and stagnating productivity is expected to create new investment opportunities, contrasting with past trends [1] Group 3 - Many industries may face stagnation or secular decline, potentially improving business performance due to reduced competition [1] - Other businesses may encounter rising costs and diseconomies of scale, affecting their performance negatively [1] - The economy is increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments over time [1] Group 4 - A large pool of capital is pursuing a limited set of investment opportunities, resulting in rising asset prices and compressed risk premia [1] - Richard Durant holds undergraduate degrees in engineering and finance and an MBA, and has passed the CFA exams [1]