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May 22, 2022: Markets In Turmoil

May 22, 2022: Markets In Turmoil

May 21, 2022 | Weekly Cache

Some stats from Morning Brew put recent stock market volatility into perspective. The Dow posted its eighth straight weekly loss, which is its longest weekly losing streak since 1923. The S&P has lost ground for seven straight weeks, its longest losing streak...
May 15, 2022: Price Drives Narrative

May 15, 2022: Price Drives Narrative

May 14, 2022 | Weekly Cache

Other than a likely short covering rally on Friday, the pain in growth stocks continued through last week. As Shopify’s (SHOP-NYSE, SHOP-TSX) stock price continued to slide, the company’s senior executives are putting on a public display and promising to personally...
May 8, 2022: Yet Another Tough Week For Growth Stocks

May 8, 2022: Yet Another Tough Week For Growth Stocks

May 7, 2022 | Weekly Cache

Shopify’s shares plunged on Thursday after the e-commerce company announced plans to make a big fulfillment acquisition even as its revenue growth slows dramatically. Neo Financial has become Canada’s latest unicorn tech company after securing a $185 million Series C...
April 24, 2022: Not Much To Cheer About In Public Markets

April 24, 2022: Not Much To Cheer About In Public Markets

Apr 23, 2022 | Weekly Cache

Toronto’s tech sector once again swept venture funding records away in the first quarter of 2022, according to a new report from briefed.in. Despite a seemingly favourable start to the year, there are signs Toronto’s roaring tech sector may cool off in the coming...
April 17, 2022: Twitter Drama On Full Tilt & Epic Funding

April 17, 2022: Twitter Drama On Full Tilt & Epic Funding

Apr 16, 2022 | Weekly Cache

Viral Nation, announced an initial funding round of $250 million led by Eldridge, with participation from Maverix Private Equity, to fuel the company’s technology and market growth strategies. Founded as an influencer marketing agency in 2014, Viral Nation has evolved...