Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Markets
Propel has a record first quarter while Thinkific sees modest gains
The FinTech and edtech companies told two very different tales with their earnings.
OpenText makes AI “number-one priority” as company slashes 1,600 jobs
Enterprise software giant detailed 10-point AI mandate in internal email to employees.
WonderFi co-founder’s new startup xTAO to list on TSXV following merger with Adrianna Ventures
Decentralized AI company hopes to raise $10 million USD via private placement.
Shopify rolls back $1-million USD revenue exemption for app developers
Pandemic policy rollback means exemption will only apply to first $1 million of lifetime revenue.
Batteries, services helped ocean tech firm Kraken Robotics sail to strong profit and revenue in 2024
The undersea robotics startup tops the 2025 TSX Venture 50 List despite hardware market challenges.
Trulioo sees “significant growth” in Asia-Pacific region soon after entering market
Identity tech company rode a wave of demand from online stores and FinTech firms.
Missed it by that much: Well Health falls just short of $1-billion revenue mark in 2024 earnings
Revenue deferral and a cyberattack kept the Canadian healthtech firm from reaching milestone.
Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs
President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout.
WonderFi spent $3.6 million on ransom and security upgrades in connection with CEO’s kidnapping last year
In the crypto world, high-profile figures face significant security risks.
Shopify, Lightspeed among Canadian tech stocks dragged down in US tariff-spurred market plunge
Economists, companies share bleak outlook as global markets see one of their worst days in decades.
Well Health to exercise call options that give majority controlling interest in strategic partner Healwell AI
Call option exercised in conjunction with Healwell’s acquisition of New Zealand healthtech company.
Optimism continues in Canadian decentralized finance as DeFi and WonderFi report major gains year-over-year
A US administration more favourable to crypto has DeFi companies anticipating another year of growth.
Lightspeed to expand and revamp sales team as part of revised go-to-market effort
Execs said direct sales will help company’s two “leading growth engines” at Lightspeed’s Capital Markets Day.
Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”
Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March.