AnalytixInsight

The last few months have brought significant uncertainty to public markets. However, despite all this uncertainty the broader markets continue to perform quite well. In this context, despite a continued melt-up for mid-cap and large cap U.S. listed stocks, small-cap stocks have not performed as well. This divergence appears to have worsened this year’s tax loss selling. In our latest Sophic Capital Inc. piece, we highlight a number of small cap Canadian innovation stocks, which could benefit once tax loss selling subsides. Sophic Client, Reklaim (MYID-TSXV) featured in the Wall Street Journal. In a piece, highlighting a handful of business leaders, politicians, and startups, such as Brave Software Inc., Reklaim Ltd. and Streamlytics Inc., seeking to empower consumers to control and benefit from the personal data that the technology industry collects on individuals every day. US software bosses have cashed in hundreds of millions of dollars of stock. The race to cash in comes as the US Securities and Exchange Commission is looking to tighten the rules around sales by corporate insiders. Reddit Inc., the social media site that helped fuel the stock market meme-trading frenzy, said it has filed confidentially for an initial public offering. Buy now, pay later service Affirm fell more than 15% on Thursday as the Consumer Financial Protection Bureau announced an inquiry into the fast-growing segment of the consumer finance market. Oracle Corp. is in talks to buy electronic-medical-records company Cerner Corp., according to people familiar with the matter, a deal that could be worth around US$30 billion and push the enterprise-software giant further into healthcare. Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they’re acquiring the NFT studio RTFKT (pronounced “artifact”).