Category: Tech Stocks
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Is HIVE Digital Canada’s Top AI Stock?
HIVE Digital Technologies Ltd. (TSX:HIVE)(NASDAQ:HIVE) is executing an aggressive strategic pivot from its cryptocurrency roots into the artificial intelligence infrastructure space. The digital infrastructure group recently made a massive announcement: its subsidiary, Buzz High Performance Computing (BuzzHPC), plans to build a $3.5 billion Canadian dollar AI gigafactory in the Toronto-Waterloo innovation corridor. This 320-megawatt facility… Read more
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Here’s Why Shopify Stock Plunged on Tuesday, Even After Posting Strong Q1 Results
Shopify (TSX:SHOP)(NASDAQ:SHOP) is one of Canada’s biggest e-commerce success stories, but the market can be unforgiving when expectations are sky-high. On Tuesday, the stock sank about 16% right after the company reported its first-quarter 2026 results. With that move, Shopify is now down roughly 33% so far this year. At first glance, that reaction feels… Read more
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Is BlackBerry Turning Into a Meme Stock, Again?
Markets have felt pretty bumpy this year, and when things get choppy, investors tend to go hunting for a turnaround story they can believe in. Lately, one familiar name has popped back onto a lot of watchlists: BlackBerry Limited (TSX:BB)(NYSE:BB), the long-running Canadian tech company that many people still associate with its phone era. The… Read more
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BlackBerry Declares Turnaround Complete After Earnings Beat
BlackBerry Limited (TSX: BB)(NYSE:BB) has been making headlines recently as the Waterloo-based software firm posted a fourth-quarter financial performance that has left investors cheering. For the quarter ending February 28, 2026, BlackBerry reported a net profit of US$24.3 million, a stark contrast to the US$7.4 million loss recorded in the same period last year. On… Read more
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BigBear.ai Stock Falls on Big Earnings Miss and Guidance Cut
Shares of data analytics stock BigBear.ai (NYSE:BBAI), which some investors see as potentially being the next Palantir Technologies (NASDAQ:PLTR), nosedived on Tuesday after the company released its latest earnings numbers. What has gotten investors so bearish on the stock? Here are the 5 most important numbers from BigBear’s earnings report. $32.5 million in sales. Revenue… Read more
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CoreWeave to Acquire Core Scientific in $9 Billion AI Power Grab
Key Numbers CoreWeave (NASDAQ:CRWV), one of 2025’s most talked-about tech stocks, has announced it will acquire Core Scientific (NASDAQ:CORZ) in an all-stock transaction valued at approximately $9 billion. Shares of CoreWeave have soared over 200% since its March IPO, fueling its ability to make a deal after an earlier bid was rejected. The transaction gives… Read more
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Is CoreWeave the Next Nvidia?
AI stock CoreWeave (NASDAQ:CRWV) went public earlier this year and it has been a red-hot buy ever since. Should you invest in the stock, could it be the next Nvidia? Let’s dive in and take a closer look at the business and its fundamentals. First, let’s start with a couple of obvious questions you might… Read more
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Shopify Faces Headwinds as Tariffs Threaten Dropshipping Core
Trade War Tensions Hit Core Shopify Users Shopify (TSX:SHOP), once the go-to platform for scrappy digital entrepreneurs, is increasingly vulnerable to geopolitical shocks. Its core user base—small and medium-sized dropshipping businesses—depends on seamless, low-cost trade between China and Western markets. But with the U.S. set to eliminate the de minimis exemption on May 2, that… Read more
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Telus and Nvidia to Build Canada’s First “Sovereign AI Factory”
Telus is set to transform Canada’s AI landscape by partnering with Nvidia to build the country’s first Sovereign AI Factory, a state-of-the-art computing facility aimed at keeping AI development within national borders. The Quebec-based site will provide businesses and researchers with the supercomputing power and software tools needed to train and deploy AI models, ensuring… Read more
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Shopify’s Revenue Rises 31% in Q4 but It Expects a Slowdown in Q1
Shopify (TSX:SHOP)(NYSE:SHOP) is a leading e-commerce company with a massive global presence around the world. It’s been doing well in recent months and on Tuesday, the Canadian-based company released its latest earnings numbers. It closed 2024 strongly, reporting 31% revenue growth for the final quarter of the year, exceeding Wall Street expectations. The company generated… Read more