The Weekly Brief (As of October 9)
- Cannabis players such as Canopy Growth Corporation (WEED) and Tilray Brands (TLRY) surged after President Trump advocated the potential benefit of using cannabidiol for senior healthcare.
- Intel (INTC) is in early talks to add Advanced Micro Devices (AMD) as a foundry customer, after AMD was reportedly evaluating Intel’s manufacturing technology for some time.
- Advanced Micro Devices (AMD)’s share price jumped significantly as the company announced a chip supply partnership for AI infrastructure with OpenAI.
- Elon Musk’s artificial intelligence (AI) start-up, xAI, is reportedly raising $20 billion in funding from Nvidia (NVDA).
- Enbridge (ENB) announced a leadership transition effective January next year. Cynthia Hansen, the executive vice president and president of gas transmission, will become special advisor to CEO Greg Ebel, ahead of her retirement on January 1, 2027.
*Analysts of 5i Research responsible for this report have a financial or other interest in AMD and NVDA. The i2i Fund does not have a financial or other interest in securities mentioned.
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Join your hosts, Chris and Ryan, as they go over trends in the broader markets, tweets of the week, review noteworthy Canadian stock dividend cuts and raises, highlight four noteworthy questions from our Q&A, spotlight a recent 5i Research report, and talk about an important piece of investor education.
