Company Overview - Khaveen Investments is a global investment advisory firm serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the Securities Exchange Commission (SEC) [1] - It offers comprehensive services including market and security research, business valuation, and wealth management [1] Investment Strategy - The flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] - The investment approach integrates top-down and bottom-up analysis, blending three core strategies: global macro, fundamental, and quantitative [1] Core Expertise - The firm's core expertise lies in disruptive technologies that are reshaping modern industries [1] - Key focus areas include Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Core Insights - Ambarella, Inc. reported stronger-than-expected third-quarter fiscal 2026 results, with non-GAAP earnings of 27 cents per share, exceeding the Zacks Consensus Estimate of 21 cents and showing significant improvement from 11 cents in the year-ago quarter [2][10] - The company's revenues for the third quarter reached $108.5 million, a 31.2% year-over-year increase, surpassing the Zacks Consensus Estimate of $104.1 million and management's guidance of $100-$108 million [3][10] Revenue Performance - The revenue growth was primarily driven by strong performance in the Internet of Things (IoT) and automotive segments, with IoT revenues growing in mid-teen percentage points sequentially due to increased adoption of edge AI, while automotive segment revenues rose in low single digits quarter-over-quarter [4][10] - A significant customer, WT Microelectronics, contributed 70.2% of the total revenues in the reported quarter, highlighting the reliance on key partnerships [5] Profitability Metrics - The non-GAAP gross margin for the third quarter was 60.9%, slightly above the midpoint of management's guidance range of 60-61.5%, attributed to a favorable product mix [7] - Non-GAAP operating expenses were reported at $55.3 million, slightly below the prior guidance of $54-$57 million [7] Cash Flow and Balance Sheet - At the end of the third quarter, Ambarella had cash, cash equivalents, and marketable debt securities totaling $295.3 million, an increase from $261.2 million at the end of the second quarter [8] - The company generated operating cash flow of $34.3 million and free cash flow of $31.4 million during the third quarter, with year-to-date figures of $54.6 million and $43 million, respectively [8] Future Guidance - For the fourth quarter, Ambarella forecasts revenues between $97 million and $103 million, anticipating a mid-to-high single-digit sequential revenue decline in both the automotive and IoT segments [9][10] - The Zacks Consensus Estimate for fourth-quarter revenues stands at $94.3 million, indicating a year-over-year rise of 12.3% [9] Earnings Projections - The anticipated non-GAAP gross margin for the fourth quarter is projected to be in the range of 59-60.5%, with non-GAAP operating expenses expected to be between $55-$58 million [11]

Core Insights - TrustBIX Inc. has received final acceptance from the TSX Venture Exchange for the acquisition of an Indoor Farm Management System (IFMS) asset from Mindsgate Ltd. [1] - The IFMS is a comprehensive platform designed for indoor farming, integrating various functionalities such as IoT device management, AI-driven plant recognition, and resource tracking [2]. Transaction Details - TrustBIX acquired the IFMS asset by issuing 6,000,000 units at a deemed price of $0.035 per unit, with each unit consisting of one common share and one warrant [3]. - Each warrant allows the holder to purchase one common share at a price of $0.08 for two years from the closing date [3]. Regulatory Compliance - All securities issued under the transaction are subject to a statutory hold period of four months and one day in accordance with Canadian securities laws [4]. Company Overview - TrustBIX is an agricultural technology company focused on providing Gate to Plate® solutions aimed at enhancing trust, reducing waste, and promoting sustainable practices in the agri-food sector [5].

Core Insights - The FPA Queens Road Small Cap Value Fund reported a return of 7.46% in Q3 2025, underperforming the Russell 2000 Value Index which returned 12.60% [1] - For the first three quarters of 2025, the Fund achieved a return of 13.77%, outperforming the index's 9.04% [1] - The Fund's investment strategy focuses on a disciplined and patient approach, expecting to perform better in down markets and lag in speculative markets [1] Company Highlights: InterDigital, Inc. (NASDAQ: IDCC) - InterDigital, Inc. is a global R&D company specializing in wireless, visual, AI, and related technologies, with a one-month return of 15.30% and a 52-week gain of 69.03% [2] - As of November 21, 2025, InterDigital's stock closed at $327.63, with a market capitalization of $8.454 billion [2] - The company has a strong financial performance history, engages in opportunistic share buybacks, and pays a modest dividend [3] - InterDigital has successfully renewed licensing agreements with major companies like Apple and Samsung, contributing to a growing stream of recurring revenues [3] - In Q3 2025, InterDigital reported revenue of nearly $590 million, reflecting a 49% year-over-year increase [4] Investment Positioning - The FPA Queens Road Small Cap Value Fund has begun trimming its position in InterDigital, indicating a strategic adjustment in its investment approach [3] - Despite InterDigital's potential, the analysis suggests that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - Khaveen Investments is a global investment advisory firm focused on serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the SEC and offers a range of services including market and security research, business valuation, and wealth management [1] - The flagship Macroquantamental Hedge Fund has a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] - The investment approach integrates top-down and bottom-up analysis, utilizing three core strategies: global macro, fundamental, and quantitative [1] - The firm's expertise is concentrated in disruptive technologies such as Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Industry Overview - The Zacks Computer - Networking industry is poised for growth driven by advancements in cloud computing, network security, big data, and next-gen connectivity, particularly with the rapid adoption of AI technology [1][2] - The proliferation of AI workloads and hyperscale data centers is leading to increased investments in high-speed interconnects, optical networking, and Ethernet switches [1] - The deployment of 5G technology is enhancing the Internet of Things (IoT), Advanced Driver Assistance Systems, AR/VR devices, and 5G smartphones, thereby increasing demand for robust networking infrastructure [1] Trends Influencing the Industry - The explosion of AI workloads necessitates significant upgrades in observability infrastructure, increasing the demand for innovative networking products [2] - The rapid deployment of 5G technology is expected to boost growth prospects, with substantial investments required to upgrade core fiber backhaul networks [5] - The upcoming Wi-Fi 7 upgrade cycle is anticipated to drive momentum in the industry, addressing Wi-Fi spectrum shortages and supporting a higher number of connected devices [6] Company Performance - NetScout Systems reported a 15% year-over-year revenue increase to $219 million in Q2 of fiscal 2026, driven by demand across enterprise and service provider markets [20] - Digi International achieved a 9% year-over-year revenue growth of $114 million in fiscal 2025, with a 31% surge in Annual Recurring Revenue (ARR) to $152 million [28] - Lantronix reported a 3% year-over-year revenue increase to $29.8 million in Q1 of fiscal 2026, with significant growth in its unmanned aerial systems segment [34] Stock Market Performance - The Zacks Computer - Networking industry has outperformed the S&P 500 Composite and the broader Zacks Computer and Technology sector, gaining 33.4% over the past year compared to the sector's 23.9% and the S&P 500's 12.9% [11] - The industry is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 22.45X, slightly below the S&P 500's 22.78X and the sector's 27.8X [14] Future Outlook - The Zacks Industry Rank for the Computer - Networking industry is 38, placing it in the top 16% of over 243 Zacks industries, indicating bright near-term prospects [9] - Companies in the industry are focusing on innovation in networking technologies, including network virtualization and Software-Defined Networking, to meet the growing demand for secure infrastructure [4]

Industry Overview - The Zacks Wireless National industry is facing challenges such as high capital expenditures for infrastructure upgrades, tariff uncertainties, supply-chain disruptions due to geopolitical tensions, and elevated customer inventory levels. However, long-term benefits are anticipated from accelerated 5G deployment and fiber densification [1][4]. Current Trends - Companies like Cogent Communications, ATN International, and Cambium Networks are expected to benefit from increased demand for scalable infrastructure to support sustainable networks, driven by the growth of the Internet of Things (IoT) and solid broadband momentum [2]. Industry Description - The industry encompasses firms providing a wide range of communication services, including wireless, wireline, data/broadband, video, and cloud-based services. These firms also offer IP-based voice and data services, targeted advertising, and edge computing services [3]. Challenges - High raw material prices and tariffs have negatively impacted operational schedules and profitability. The demand-supply imbalance has led to inflated equipment prices, and aggressive competition from over-the-top service providers is expected to intensify [4][6]. Growth Opportunities - The deployment of 4G LTE Advanced technologies and expansion of fiber optic networks are key growth drivers. Companies are also utilizing the C-Band spectrum to enhance coverage and speed, particularly in rural and urban areas [5]. Financial Performance - The Zacks Wireless National industry has underperformed compared to the S&P 500 and the broader technology sector, declining by 3.3% over the past year, while the S&P 500 and sector grew by 13.2% and 23.9%, respectively [9]. Valuation Metrics - The industry is currently trading at a trailing 12-month EV/EBITDA of 9.08X, significantly lower than the S&P 500's 17.91X and the sector's 18.66X. Historical trading ranges for the industry have been between 6.34X and 9.67X over the past five years [12]. Notable Companies - **Cogent Communications**: A Tier 1 ISP offering low-cost, high-speed Internet and colocation services, with a recent earnings surprise of 4% [15]. - **ATN International**: Focused on rural markets with a strong growth outlook, having revised earnings estimates upward by 68.8% for the current year [18]. - **Cambium Networks**: A wireless solutions provider with a broad portfolio, experiencing a 142.2% stock gain over the past year and a 40% upward revision in earnings estimates [21].

Core Insights - Clear Blue Technologies International Inc. will provide a corporate update and report its financial results for Q3 2025 on November 26, 2025, after market close [1] - A conference call is scheduled for November 27, 2025, at 11:00 a.m. Eastern Time to discuss these developments and the outlook for 2026 [1] Company Overview - Clear Blue Technologies specializes in Smart Off-Grid™ power solutions for critical infrastructure, including telecommunications, IoT, and street lighting [2] - The company's technology focuses on cost savings, predictive maintenance, and reliable power in remote or challenging environments [2]

Core Insights - Blackline Safety has been recognized in the 2025 Deloitte Technology Fast 500 list, marking its fourth appearance in this prestigious ranking of the fastest-growing companies in North America [2][3][5] - The company is one of 114 Canadian firms and one of eight from Alberta to receive this recognition, highlighting its significant growth and technological advancements [2][3][4] Company Performance - Blackline Safety's success is attributed to its focus on delivering connected safety technology that ensures worker protection in real time, aiming to help every worker return home safely [3][4] - The company has reported a three-year revenue growth of 134%, underscoring its sustained performance and expansion in the market [11][12] Product Recognition - The EXO 8 area monitor from Blackline Safety has received eight industry awards in 2025, recognizing its innovation and effectiveness in detecting and responding to hidden hazards [4] - Blackline Safety has also been named one of Canada's Top Growing Companies for the seventh consecutive year, further solidifying its reputation in the industry [11][12] Global Expansion - Blackline Safety is expanding its global footprint with new offices in Cologne, Germany, and Abu Dhabi, UAE, to enhance its operations in Europe, the Middle East, and Africa [9]

Accessibility StatementSkip Navigation CHANGZHOU, China, Nov. 19, 2025 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we," "our," or the "Company"), a leading short-distance transportation solutions provider in China, today announced that on November 7, 2025, its board of directors approved a reverse split of its ordinary shares on a one-for-twenty-five basis (the "Reverse Share Split"), and a change in par value of its ordinary shares to no par value. The Company's ordinary shares will b ...