Feb 19, 2022 | Weekly Cache
Even as public markets remain choppy, we counted Canadian VC funding totaling almost $600 million in the past week. Public markets remain unforgiving, as evidenced by Shopify’s steep share price decline this past week. With fintech stocks down 40%, Chime delays its...
Feb 12, 2022 | Weekly Cache
Vancouver quantum computing startup D-Wave is going public on the New York Stock Exchange via a SPAC, which is anticipated to raise $431 million in gross proceeds. Meanwhile, Venture investment in Canada’s tech sector exploded in 2021, according to a new Silicon...
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...
