AnalytixInsight

Last week, Dow Jones lost 0.9%, S&P 500 fell 1.55%, Nasdaq composite fell, Nasdaq-100 was down 4.1%. Tech sold off again Friday, Nvidia fell as much as 3%, briefly ceding the top market-cap spot to Apple, Meta dropped 5.3%. SpaceX slid below its US$135 IPO price and now trades ~40% off its peak. Netflix shares fell 8% after revenue growth slowed to 13.4% with Q3 guided to 11.7%. IBM fell 25% on a mainframe shortfall. Anthropic is negotiating multi-billion-dollar credit lines ahead of an IPO that could come as soon as September at a US$1 trillion-plus valuation. SK Hynix’s ADRs jumped nearly 20% after a record US$26.5 billion U.S. listing, which Nasdaq says is drawing more foreign issuers; Goldman’s equity underwriting revenue rose 130% to US$985 million. China’s CXMT is seeking US$8.6 billion in Shanghai at ~300x earnings. DeepSeek is raising again weeks after US$7.4 billion. Shein won approval for a Hong Kong IPO. Uber agreed to buy Delivery Hero for US$14.8 billion; Stripe and Advent made an unsolicited US$53 billion bid for PayPal. TSMC added US$100 billion to its U.S. commitment (US$265 billion total) and lifted 2026 capex to US$60–64 billion. Samsung pulled its Yongin fab forward to 2029. Meta is adding US$40 billion to reach 5GW in Louisiana. New York enacted the first statewide data-center moratorium and builders shop multi-billion-dollar stakes. Buffett confirmed he initiated Berkshire’s Alphabet stake. Moonshot’s 2.8-trillion-parameter Kimi K3 topped Claude Fable 5 on a coding leaderboard. OpenAI is building a screenless smart speaker. Nvidia shipped Cosmos 3 Edge for robotics. In Canada, General Fusion debuted on Nasdaq via SPAC. In news pertaining to Sophic clients, Cybeats and Boardwalktech launched equity raises. Kraken insiders bought stock. Intermap partnered with Saudi’s NSG UP42. 01 Quantum tied up with Crypto4A.

Last week, Dow Jones fell 0.5%, S&P 500 was up 1.2%, Nasdaq composite rose 1.7%. SK Hynix raised US$26.5 billion in a record U.S. IPO. Blue Origin is raising US$10 billion at a US$130 billion valuation led by Coatue. Zhipu is seeking to raise US$4 billion following a massive stock rally. Amazon is looking to raise US$25 billion via a U.S. bond sale to fund AI infrastructure. Bank of America extended a US$520 million credit line to OpenAI. TeraWulf shares soared after securing a 20-year, US$19 billion AI data center lease with Anthropic. Nvidia shed US$1 trillion in market value, and now trades at its lowest valuation multiple since 2019. SpaceX slid 6.8% upon joining the Nasdaq 100. Microsoft is cutting 4,800 jobs primarily in its Xbox and sales units while divesting several game studios. Disney Plus is reportedly exploring a free streaming tier. OpenAI launched ChatGPT Work and a desktop superapp to challenge Anthropic’s enterprise offerings. Meta released its Muse Spark 1.1 model to developers via API. SpaceXAI and Cursor debuted their joint Grok 4.5 model. China’s MiniMax is developing a 2.7-trillion parameter AI model, while Beijing considers restricting overseas access to its top domestic AI models. The U.S. CISA and G7 partners released minimum guidelines for AI software bills of materials. In Canada, Meta will build a US$9 billion, 1-gigawatt AI data center in Alberta. MDA Space is acquiring a 70% stake in French satellite firm CLS for €567 million. Well Health is spinning out its Wellstar software subsidiary onto the TSXV. Alchemy Labs completed a $13.7 million TSXV IPO. Dominion Dynamics closed Canada’s largest-ever defence-tech Series A and could win initial business in the US. In news pertaining to Sophic clients, Legend Power Systems secured multiple public-sector SmartGATE orders. Sophic client Intermap launched an automated Orthorectification service while expanding its European risk analytics platform. Sophic client Hybrid Power Solutions received a C$370,000 purchase order. Sophic also published a few introductory reports on client, Sparq Systems, an innovative microinverter player in the solar space.