mCloud released its Q3/2019 financials and, with partial-period revenue from the Autopro acquisition that closed in mid-July, revenue increased over 200% quarter-over-quarter to C$9.2 million. [more]
Our Top Ten Portfolio performed well of late and regained the $600,000 level. Including dividends and trading profits, the Portfolio is up 20.4% YTD and exactly matches this year’s gain by the S&P/TSX Composite Index. We think that we should be able to do better than the general index. [more]
October traditionally marks the start of a seven month positive period for the general market. Of course, there are always exceptions. However, this year, October has been exceptional with the S&P 500 Index beginning the month of November at an all-time high. [more]
Organic Garage plans to continue scaling its business while it focuses on targeting positive cash flows with higher margins and developing partnerships with vendors for innovative programs. [more]
Netflix beat analyst earnings expectations for Q3/2019, but weak guidance, increased competition, and continued losses in operating cash flows has continued its stock price’s decline. [more]
Piper Jaffray conducted its 38th biannual survey of U.S. teens – overall spending decreased by 4% with YouTube, Nike, and Amazon popular among this demographic. [more]
On September 17, 2019, Shopify announced expansion of its cannabis e-commerce platform to allow U.S. retailers to operate online sales of hemp and hemp-derived cannabinoid (“CBD”) products. [more]
UPS (NYSE: UPS; LSE: 0R08; DB: UPAB) announced that their subsidiary, UPS Flight Forward Inc., submitted an application for the Party 135 certification from the FAA, which would allow UPS to use drone delivery over people and out of sight from an operator in the U.S. [more]
The U.S. Department of Justice announced that it will instigate an antitrust review on market leading online platforms. [more]
The United States Military’s Pentagon is expected to announce the winner of a US$10 billion contract to develop and support the cloud infrastructure behind an artificial intelligence (AI) driven computing network. [more]
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