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

October 26, 2025: Major Indices Hit Record Highs Ahead Of Major News Week

Last week, Dow Jones gained 2.2%, S&P 500 was up 1.9%, Nasdaq composite rose 2.3%. Major indices hit record highs after a challenging few weeks. While the US Federal government shut down carries on, next week brings the Federal Open Market Committee meeting with an expectation of rate cuts as well as earnings from several MAG 7 names. Nvidia is discussing guaranteeing portions of OpenAI’s planned data-center loans and expanding chip-leasing arrangements. Anthropic is negotiating a multi-billion-dollar cloud deal with Google and plans to use up to one million TPUs, reinforcing Google’s alternative to Nvidia GPUs and reflecting rapid AI workload growth. Venture capitalist Vinod Khosla predicted that 2% to 3% of AI startups will account for 85% to 90% of the valuation of companies by 2035. The US Commerce Depart. denied that it is “currently negotiating equity stakes with quantum computing companies,” according to CNBC, countering an earlier news report. Warner Bros. Discovery is evaluating strategic alternatives. Netflix reported 17% year-over-year revenue growth to US$11.5 billion and guided to similar Q4 growth, but shares fell on an in-line print. Tesla’s profit fell 37% in Q3 despite end of tax credit boosting sales. Super Micro Computer shares fell 6% on Thursday after the company released weak preliminary results. OpenAI launched ChatGPT Atlas, an AI-Powered web browser. Amazon reportedly expects to avoid adding hundreds of thousands of workers due to robots. Amazon announced on Wednesday that it’s developing AI-powered smart glasses for its delivery drivers, the company also launched new AI recommendation feature to help shoppers make decisions. In Canada, Cohere CEO Aidan Gomez believes the Toronto-based artificial intelligence (AI) scaleup could hit the public markets “soon.” FINTRAC fined exchange operator Cryptomus (Xeltox Enterprises) ~C$177 million for extensive AML reporting failures. Sophic Client, Cybeats secured a multi-year renewal with Schneider Electric.

Invesment News in the Past Weeks

October 04, 2020

Last week saw healthy levels of financing across the Canadian tech ecosystem, in both public and private markets. South of the border, Roblox should be an interesting stock to watch out for. Newsflow seems to be focused more on regulatory issues, and the CEOs of Facebook, Google, Twitter are expected to testify to the U.S. Senate before the election.

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).