Latest News
Dollarama Lifts Canadian Forecast; Australia Weighs on Margins
Dollarama raised its Canadian sales forecast after strong Q2 traffic, but a full quarter of Australia diluted group margins. Shares rose 3.3%.
Cohere's $20B Valuation Ambition Faces Private Market Scrutiny
Cohere confirms investor interest in its Series E round, reportedly targeting a $20B valuation. The gap between private and public market metrics raises questions.
Scottish Pharmacy Groups Enter Administration as Buyers Sought for 22 Stores
Scotpharm and MSLNA have entered administration, but their 22 pharmacies continue trading while BDO seeks buyers. Suppliers are being paid normally.
Salesforce, Nvidia Debut Koa AI Model in Early Agentforce Trials
Salesforce and Nvidia unveiled Koa, a CRM reasoning model, now in limited Agentforce pilots. A US rollout is expected by winter 2026, but pricing and revenue impact remain undisclosed.
Cambium Networks UK Arm Enters Administration, Workforce Slashed by Half
Cambium Networks' UK operating subsidiary has entered administration, triggering a 53.6% global workforce reduction. The company seeks buyers for business lines, leaving CMBMF shareholders with uncertain recovery prospects.
Dollar Awaits Fed Verdict: Warsh's Tone Key at 2 p.m.
The Fed is set to hike rates by 25bps, but the dollar's fate hinges on Warsh's guidance. A hawkish surprise could boost USD; a cautious pause risks a sell-off.
Apple's iOS 27 Child Safety Features Boost Ecosystem Stickiness
Apple's new family controls in iOS 27 are a retention play, not a revenue generator. The features deepen ecosystem lock-in, supporting Services growth.
RETO's 676% Surge Masks Dilution Risk Tied to 180-Day Low
ReTo Eco-Solutions (RETO) surged 676% without operational news, but its financing agreement allows share issuance at half a 180-day low, raising dilution concerns.
DataMeds Soars 330% on Helomics Deal, But Key Terms Missing
DataMeds AI shares jumped 330% after Axe Compute announced a Helomics deal, but investors are still waiting for key terms like share count.
Baron's $24.9B SpaceX Stake: A Long-Held Bet, Not a Post-IPO Splurge
BAMCO's 13F reveals a $24.9B SpaceX stake, but it's not a new post-IPO purchase—it's a long-held position now visible due to the IPO.
Sazerac's Au Vodka Deal: A $405M Bet on Premium Spirits
Sazerac's reported $405M acquisition of Au Vodka implies a 3.6x revenue multiple, underscoring its strategic push into premium spirits and ready-to-drink growth.
Bell Media's Q2 Revenue Surge Masks Margin Pressure at BCE
BCE's media arm posted strong Q2 revenue growth, but margin contraction and rising costs temper the outlook. CTV's standalone profitability remains undisclosed.