Weekly Cache

Weekly Investment News and Analysis

Please see what we’ve been reading in technology and ESG related investing this week. Please feel free to send us what you’ve found interesting.

Latest Investment News

July 27, 2025: Major Indices Rise, Ahead Of Earnings Palooza Next Week

Last week, Dow Jones gained 1.3%, S&P 500 rose 1.5%, and Nasdaq composite was up 1%. Next week, Microsoft, Meta, Amazon, and Apple will all report earnings. Comments on AI monetization and capital spending will likely set the tone for large tech stocks, and the broader market. Several prominent companies moved toward IPOs amid rising investor optimism. Figma set its IPO price range between US$25-$28 per share, targeting a valuation around US$16 billion, slightly below Adobe’s earlier US$20 billion bid. Crypto custody firm BitGo and tax software provider Avalara both confidentially filed for IPOs, signaling renewed confidence in public market conditions. Nasdaq CEO Adena Friedman echoed this sentiment, citing strong performance by recent large-cap listings, including Chime and CoreWeave, as driving optimism through 2026. The AI sector attracted significant financings as AI startups raised US$104 billion in the first half of 2025, driven by OpenAI’s historic US$40 billion round and Meta’s US$14.3 billion investment in Scale AI. OpenAI also revealed itself as the client behind Oracle’s massive US$30 billion annual data-center services contract, underpinning its ambitious Stargate project. Alphabet significantly raised its capital expenditure forecast due to growing Cloud demand, and Tesla reported weaker-than-expected quarterly results as vehicle sales declined. Lastly, ServiceNow impressed investors with strong quarterly revenue growth fueled by increased adoption of AI-enhanced solutions, lifting its share price over 7%. Amazon acquired wearable AI startup Bee, highlighting ongoing interest in conversational AI, and Jeff Bezos is reportedly exploring acquiring CNBC. In Canada, Sophic Client, Cybeats Technologies announced a $3 million financing through a Beacon Securities-led LIFE offering, and Boardwalktech closed the second tranche of a private placement raising a total of around $750K. XTAO, successfully raised $31 million from digital-asset venture capitalists and commenced trading on the TSXV.

Invesment News in the Past Weeks

September 27, 2020

IPO activity in the USA cooled a bit after a few heated weeks, while M&A kept chugging along. In Canada, publicly listed technology companies announed ~$85 million in bought deals.

September 20, 2020

It’s great to see Nuvei have a successful IPO on the TSX last week — we believe robust IPOs are a very important part of the Canadian public markets ecosystem, even as US capital markets rediscover SPACs. Canadian VC also reported strong activity.

September 13, 2020

Lots of activity in the Canadian VC space this past week, as well as Lightspeed’s NYSE debut. Sophic client, Kontrol (KNR-CSE) had positive news of another successful test of its Covid detection product, BioCloud.

September 6, 2020

We hope you’re enjoying the long weekend with your loved ones. Many high growth stocks pulled back on Thursday, and Friday to some extent – however, valuations still remain elevated. Interestingly a Financial Times piece on Friday suggested Softbank’s option trading could have been tech stocks higher over the summer.

August 30, 2020

Monday saw the one the highest number of SEC S-1 filings for high profile companies going public as we have seen in nearly fifteen years in capital markets. September, should be a very interesting month!

August 23, 2020

While the Tik-Tok drama continues to unfold, high profile companies including SpaceX, Robinhood, Airbnb, Ant Financial, Palantir move ahead to either raise capital or go public. Palantir also plans to move its headquarters from the Bay Area to Denver, which could aid the trend of tech companies being more widely located, which we believe is a tailwind for the Canadian tech ecosystem. For example, Odyssey Interactive’s founders previously worked in the United States but opted to establish the company in Canada, because of the strong startup ecosystem in Canada.

August 16, 2020

Epic Games and Facebook appear to be pushing back against app store policies, which could have far reaching implications. Several high profile companies are expected to go public this fall & Robinhood is garnering lots of attention (including, gracing the cover of this week’s Barrons).