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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

May 25, 2025: Tariff Headlines Send Market Down, Again

Last week, Dow Jones fell 2.5%, S&P 500 lost 2.6%, Nasdaq composite was down 2.5%, as US tariff fears once again surfaced, and treasury yields rose earlier in the week. President Trump proposed a 25% tariff on imported Apple devices, pressuring domestic manufacturing. OpenAI acquired io, an AI-device startup by Jony Ive, for US$6.5 billion, with plans for AI “companions” potentially adding substantial value. Coreweave raised US$2 billion in bonds, showing strong investor appetite for AI infrastructure. Salesforce resumed acquisition talks with Informatica, while Nvidia criticized U.S. AI-chip restrictions, highlighting significant market share losses in China. Snowflake surpassed US$1 billion in quarterly revenue, buoyed by AI ambitions, and BYD overtook Tesla in European EV sales for the first time. Tesla released a compilation video Tuesday of its Optimus humanoid robots that it says autonomously performed a variety of tasks, including throwing a trash bag into a bin and vacuuming the floor. Google partnered with Warby Parker for AI-powered smart glasses, signaling competitive innovation against Meta and Apple. Apple is aiming to release its AI smart glasses next year. Nvidia introduced NVLink Fusion, allowing integration with third-party AI chips, while Google expanded AI-driven search capabilities to all U.S. users. Canada’s largest pension plan, CPPIB, increased its U.S. investment exposure to 47% despite domestic pressure to allocate more to Canadian assets, driven by better returns (9.6% in the U.S. vs. 5.8% domestically over five years). In Canada, Shopify launched new AI tools, including an AI-powered storefront builder and upgraded Sidekick commerce assistant, emphasizing enhanced merchant experiences and efficiency. In news pertaining to Sophic Clients, Kraken Robotics secured over $3 million in orders. Legend Power Systems reported strong Q2 F2025 revenue growth ($523K vs. $124K), driven by its SmartGATE™ power management system and strategic orders, though higher costs led to a wider net loss.

Invesment News in the Past Weeks

August 16, 2020

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).

August 9, 2020

August 9, 2020

Lots of attention seems to be focused on US-China tensions and ramifications for the global technology industry, with Twitter and TikTok apparently in discussions as of Saturday. It will be interesing to see what the next week brings on this front.

August 2, 2020

August 2, 2020

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.

July 26, 2020

July 26, 2020

Welcome to our inaugural edition of what we’ve been reading in technology & ESG related investing this week. You are receiving this email, because you’ve previously worked with Sophic Capital or we’ve discussed tech or ESG investing.