Weekly Investment News and Analysis

Last week, Dow Jones fell 2.4%, S&P 500 was down 3.1%, and Nasdaq composite lost 3.45%, major indices continue to chop around in a headline-driven market. Genesys, a private equity-backed customer service software company, delayed what would have been one of the largest 2025 IPO, citing a sliding stock market. Gemini, the crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss, has filed confidentially for an IPO. Discord, the social messaging app, is in early talks with bankers about an IPO. Humanoid robotics firm ‘Figure’ is planning to raise US$1 billion to US$2 billion in equity financing at a US$38.5 billion pre-money valuation. That’s a staggering 15 times its valuation from a year ago. Anthropic, announced Monday that it has raised US$3.5 billion in its Series E funding round, hitting a US$61.5 billion valuation including the new money. CrowdStrike shares dropped nearly 9% in extended trading on Tuesday after the cybersecurity software provider issued disappointing earnings guidance. Broadcom’s latest quarterly results, boosted shares more than 11% in after-hours trading. Trump signed an executive order to build a Bitcoin reserve — crypto prices dropped following the announcement, because the stockpile will only involve the government maintaining existing crypto holdings. OpenAI reportedly plans to charge up to US$20,000 a month for specialized AI ‘agents’. Taiwan Semiconductor Manufacturing Company plans to invest US$100 billion in new chip manufacturing facilities in the U.S. In Canada, Spectra7 Microsystems will be acquired by Parade Technologies. Shareholders could receive a special cash distribution of ~$0.028/sh. In news pertaining to Sophic Capital clients, Beacon Securities launched research coverage of Intermap) with $4.00/share price target. Legend Power debuted its voltage adherence risk metric to identify and combat “dirty power” in buildings.