AnalytixInsight

Last week, though volatile, ended on a positive note. Dow Jones closed the week up 0.55%, S&P 500 gained 1.5%, and Nasdaq composite rose 2.6% — all three major indices are approaching all time highs. The Market has been range-bound since mid-December, a break above could signal a move to further upside from a technical point of view. Turo on Thursday withdrew its plans for an IPO. Elon Musk’s AI company, xAI, is said to be in talks to raise US$10 billion in a round that would value xAI at US$75 billion. Trump officials asked TSMC to weigh taking a stake in Intel’s chip factories. French President Emmanuel Macron said in an interview with France 2 TV Sunday that he expects companies and funds to invest US$100 billion in artificial intelligence projects in the county. Super Micro’s stock surged after outlining ambitious 2026 targets, assuring investors it will avoid delisting. Robinhood’s crypto business powered a revenue surge. Coinbase also reported strong revenue and profit growth. Airbnb’s stock rose 14% in after-hours trading after the company said Q4 rose 12%, exceeding its guidance. Alibaba’s stock closed 8.5% higher in Hong Kong Wednesday, following reports of the e-commerce giant’s partnership with Apple, which also continues to work with Baidu to power AI on iPhones in China. Apple and Meta, are both reportedly exploring humanoid robots. In Canada, Shopify indicated that its free cash flow margin could shrink to the mid-teens in Q1, down from 22% in Q4. Sophic Client American Aires launched the Aires Certified Spaces (ACS) standard for creating authorized EMF-friendly physical spaces, as part of strategic efforts to expand brand awareness and grow sales by leveraging more mass market exposure. Vancouver-based quantum startup Photonic published a paper detailing a new quantum error correction method. Major media companies sued Cohere for alleged copyright infringement.

Last week, Dow Jones fell 0.5%, S&P 500 lost 0.2%, and Nasdaq composite was down 0.5%. Tariff headlines, mixed earnings and economic data made for a choppy week. Cybersecurity company SailPoint is hoping to go public, in a US$11.5 billion IPO. Crypto exchange, Gemini, is also weighing an IPO. Anduril is in talks to invest about US$2.5 billion at a US$28 billion pre money valuation — more than 2x its last financing announced in August. President Donald Trump signed an executive order on Monday to create a sovereign wealth fund for the U.S., telling reporters later that it could buy part of TikTok. Palantir stock rose 23% after-hours after reporting a strong Q4 and providing strong guidance. Amazon reported 10% sales growth, shares were roughly flat in after hours trading on Thursday. Google’s revenue growth slowed slightly, and shares fell 7% as investors still await the company’s AI boost. Shares of AMD dropped nearly 9% in after-hours trading as investors reacted to the company’s tepid sales forecast. Roblox shares plunged 11.1% after the gaming platform fell short of Wall Street’s bookings and daily active user estimates. Bill Ackman said his hedge fund owns 30.3 million shares of Uber as it started building a position in January. In Canada, Converge Technology Solutions will be acquired for $5.50/sh in cash, representing ~56% and 57% premiums to the closing price and 30-day VWAP on the last trading day prior to the announcement of the transaction. Lightspeed will remain public company after a strategic review. Sophic Client, Intermap announced a $5 million Bought Deal offering. Sophic Client, Cybeats closed the final tranche of its Non-Brokered Offering, raising over $2 million in total proceeds. Sophic Clients Boardwalktech, and Plurilock announced progress with their businesses. Canada’s StackAdapt raised $235 million for its AI-based programmatic platform, in one of the largest Canadian start up funding rounds.

Last week, Dow Jones was up 0.3%, S&P 500 lost 1%, and Nasdaq was down 1.6%. The week was especially volatile, AI plays were down Monday on DeepSeek concerns, and then had a strong week, until US tariff developments sent stocks down again Friday afternoon. Nvidia, Broadcom and Marvell and other U.S. firms that design AI chips each fell more than 17% Monday, Apple, however rose 3% — as some market participants suggested the DeepSeek model bodes well for on-device light LLMs. Meta CEO Mark Zuckerberg said the tech giant would invest “very heavily” in AI — even “hundreds of billions of dollars” — over the long term, during Meta’s earnings call on Wednesday. OpenAI is in talks with SoftBank to raise US$40 billion in a new funding at around a US$300 billion post-money valuation. Microsoft is one of the companies in talks to acquire TikTok’s US operations, President Donald Trump told reporters on Monday. A decision on TikTok’s future in the US is expected in 30 days. In Canada, Sophic Client, Legend Power Systems closed the final tranche of its Non-Brokered Private Placement, raising a total of $1.6 million. Sophic Client, Plurilock closed an Over-Subscribed Special Warrant Offering, for gross proceeds of nearly $5 million. Sophic Client American Aires announced record preliminary Q4/2024 performance & provided 2025 guidance. Cash and Inventory Balances were a record $6.5 million. Management expects 2025 sales in the $28 million to $32 million range, and EBITDA in the range of a $2 million loss to a $2 million profit. From January 1 through January 24, order volumes grew 111% y/y. Q4/2024 set yet another quarterly record with $8.8 million in sales, up 135% y/y. Additionally, Sophic Clients, Cybeats, Legend Power and Plurilock, all announced progress in their respective businesses.