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

February 07, 2026: The Best Of Times, The Worst Of Times

Last week, Dow Jones gained 2.5%, and hit a record high 50,000 Friday, S&P 500 was down 0.1%, Nasdaq composite fell 1.8%. Software stocks are facing a brutal reckoning as short sellers pocketed US$24 billion in paper gains this year, betting on AI-driven disruption of traditional SaaS models. The rout intensified following Anthropic’s release of Claude Opus 4.6, which specifically targets legal and financial workflows, sending shares of Snowflake, Salesforce, and S&P Global tumbling. The “AI arms race” reached an unprecedented scale, with Alphabet, Amazon, Meta, and Microsoft forecasting a combined US$650 billion in 2026 capital expenditures. Amazon (US$200 billion) and Alphabet (US$180 billion) are leading this surge. Oracle is seeking up to US$50 billion in fresh funding to build data centers for clients like OpenAI and xAI. SpaceX consolidated acquiried xAI for US$250 billion, valuing SpaceX at US$1 trillion, and filing for 1 million satellites to host orbital data centers. While AWS CEO Matt Garman expressed skepticism regarding the near-term viability of space-based compute. Waymo raised $16 billion at a $126 billion valuation. Nvidia is delaying its new gaming GPU release to prioritize AI-grade memory. Cerebras raised US$1 billion following a massive US$10 billion compute deal with OpenAI. Uber is aggressively expanding its robotaxi footprint to Hong Kong and Madrid following a 20% revenue jump. In Canada, the federal government signaled a strategic shift by backing the new Defence, Security and Resilience Bank to support industrial scale-up and supply-chain stability. BeWhere launched a $4 million offering for European expansion. Sophic client, Plurilock announced $1.19 million in cybersecurity renewals, deepening its integration into high-stakes national security and enterprise “Insider Risk” programs.

Invesment News in the Past Weeks

October 11, 2020

After around 15 years of covering Canadian technology stocks, we’re very encouraged to begin see an increasing number of high quality Canadian companies go public or consider going public, which enables average investors to benefit from innovation driven wealth creation. In this regard, we’ve recently seen news pertaining to BBTV, Cymax and Nuvei.

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).