Abdiel Capital Advisors sold 1,075,738 shares of Appian (worth $38.32 million) in Q4 2025, reducing its stake to 12.4% of assets. Appian shares have fallen 28.1% over the past year and underperformed the S&P 500 by 39.1 percentage points. Despite the reduction, Abdiel maintains a double-digit allocation, suggesting risk management rather than abandonment of the investment thesis.

Arohi Asset Management completely exited its position in DoubleVerify by selling 1.7 million shares worth $20.6 million in Q4 2025. The exit comes as DoubleVerify's stock has collapsed 58.5% over the past year, with the company facing margin contraction despite 16% revenue growth, as net income fell 35% year-over-year in the first nine months of 2025.

Keenan Capital initiated a significant new position in Clearwater Analytics Holdings, purchasing 3.66 million shares worth $88.3 million in Q4, representing 16.08% of the fund's reportable U.S. equity AUM. The investment comes as Clearwater demonstrated strong growth with 77% YoY revenue increase and 108% net revenue retention, though the company is subject to an $8.4 billion acquisition agreement announced in December.

The article compares AXT, a semiconductor materials company with 40% market share in indium phosphide for AI infrastructure, to Global-E Online (GLBE), an e-commerce platform. AXT is favored due to its 250% sequential revenue growth in indium phosphide, clear market leadership in a critical AI bottleneck, and higher growth potential, while GLBE faces intense competition from Amazon and Walmart despite recent profitability.

Opendoor Technologies surged 264% in 2025 on meme stock momentum but faces significant risks in the capital-intensive iBuying business amid a challenging housing market. While new CEO Kaz Nejatian's turnaround strategy shows promise, analyst Jennifer Saibil recommends Global-E Online as a better investment opportunity due to its profitable growth trajectory, strong client base, and long runway in cross-border e-commerce.

An analysis of 10 top stocks that have beaten the market by 8 percentage points in 2025, with a focus on long-term investment potential despite short-term market fluctuations and AI trends.

Global-e Online reported strong third-quarter results with 25% revenue growth, becoming profitable earlier than expected. The cross-border e-commerce solutions company continues to add high-profile brands and expand existing partnerships, demonstrating resilience in a complex industry.

Global-e Online reported strong Q3 2025 financial performance with 33% GMV growth, 25% revenue growth, and a net profit of $13.2 million, exceeding top-end guidance ranges and expanding partnerships with global brands across multiple regions.

Abdiel Capital fully exited its position in Floor & Decor Holdings, selling 1,482,936 shares worth $112.64 million, reducing its assets under management and potentially signaling concerns about the company's performance and housing market conditions.

The article highlights three growth stocks with significant long-term potential: SoFi Technologies, Dutch Bros, and Global-e Online. Each company demonstrates strong customer growth, innovative services, and expansion opportunities in their respective markets.

Shopify is transforming from an e-commerce software provider to a comprehensive commerce infrastructure platform, expanding its capabilities through strategic partnerships, AI integration, and enterprise-level solutions.

The article highlights Amazon and Global-e Online as promising growth stocks in November, driven by AI technologies, automation, and potential for improved profitability.