Will JFrog (FROG) Gain From AI?

NZS Capital, LLC, an investment management company, released its “NZS Growth Equity Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The NZS Growth Equity strategy experienced a return of -8.75% (gross) and -8.91% (net) in Q1 2026, underperforming the -3.30% of the Morningstar Global Target Market Exposure Index. This decline was primarily due to weakness in growth stocks and a significant exposure to software. While the materials sector positively impacted absolute returns, the semiconductor sub-sector also showed strong contributions. Major...