Feb 5, 2022 | Weekly Cache
This past week witnessed one of the most volatile stock reactions for multiple stocks on earnings we recall seeing. Amazon repurchased ~US$1.3 billion of its stock in January, the first buyback in a decade. After getting smashed earlier this year, Peloton stock shot...
Jan 29, 2022 | Weekly Cache
Last week, at least four SPACs pulled their initial public offering plans, and Dutch file-sharing service WeTransfer abruptly canceled its IPO in Amsterdam, with its chief executive officer citing turbulent public markets. That said, Chinese fast fashion retailer...
Jan 22, 2022 | Weekly Cache
This past week was yet another tough one for tech investors, as the NASDAQ continued to slide, and several high growth stocks in the USA and Canada fell lower. While timing the market is impossible, companies continue to execute, and we witnessed several high profile...
Jan 15, 2022 | Weekly Cache
As markets remain uncooperative, with high multiple growth stocks well off their highs, a very subdued tax loss related January effect, and many market observers positioning for stock indices to roll over another 10-20% from here, WonderFi (WNDR-NEO) increased its...
Jan 8, 2022 | Weekly Cache
The first holiday shortened, yet volatile, first week of 2022 trading was off to a slow start in Canada, but there was plenty of action in the USA. Another data point suggested that the final numbers for 2021 venture capital investments pointed to a whopper of a year....
Jan 2, 2022 | Weekly Cache
In a historic year for valuations, League‘s new funding round has squeezed in one more Canadian tech unicorn before the clock struck midnight on 2021. The Toronto-based healthcare startup raised US$70 million in new financing, which at a pre-money valuation of US$850...