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]
Apple beat from services growth and Facebook showed growing advertisement and cloud revenues, while Google beat-the-street on revenue but missed on earnings from higher traffic acquisition costs. [more]
Tesla’s stock price soared after the earning’s announcement. EV industry is expected to grow by over 25% CAGR over next 6 years while Volvo launches an EV XC40 to compete but Dyson exists the EV market. [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]
Only one week after PayPal announced cutting ties from Libra, several other partners from the 27 companies in the Libra Association including Ebay, Visa, Marcado Pago, Mastercard, and Stripe announced this week that they would also stop supporting Facebook’s Libra project. [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]
Tesla (NASDAQ: TSLA) reported Q3/2019 global sales of 97,000 electric vehicles, which missed Factset’s estimate target of 99,000, with a 1.8% sales growth quarter-over-quarter compared with a 51% growth in Q2/2019. [more]
The robo-advisory landscape, once fragmented with start-ups disrupting the industry, is now changing as financial firms with large assets under management launch low-fee, robo-advisory services. [more]
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