The Weekly Brief (As of June 26)
- Lululemon (LULU) announced 150 corporate job cut as part of the organizational changes, while plans for strategic price increases to deal with the U.S. tariffs
- Novo Nordisk (NVO) and Hims & Hers stocks both dropped significantly as the two companies announced they were ending the collaboration to make NVO’s weight-loss drug, Wegovy, available on Hims’ telehealth platform.
- Fiserv (FI) and Paypal (PYPL), two FinTech giants, plan to launch their own digital asset platform and stablecoin by the end of 2025 in an effort to take advantage of blockchain technology to democratize access to financial services.
- Microsoft (MSFT) reported that it continues to cut additional jobs in its gaming division in an effort to streamline its cost structure
- Uber (UBER) gained meaningfully on the news of its partnership and expansion plan in Atlanta with Waymo, a self-driving company owned by Alphabet (GOOGL).
*Analysts of 5i Research responsible for this report have a financial or other interest in LULU, MSFT, FI, UBER, GOOGL. 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, review noteworthy Canadian stock dividend cuts and raises, review a recent Canadian MoneySaver issue, highlight four noteworthy questions from our Q&A, spotlight a recent 5i Research report, and talk about an important piece of investor education.
Investor Sentiment - Results and New Survey
Thank you to all those who participated in the previous Investor Sentiment Survey. We have published the results from the survey in a report in a link here.
Please note that the weightings and categorization of these results are still a work in progress, and the model(s) used to analyze the results may change over time as more data comes in.
Alongside the release of the results from the previous survey, we are also releasing the next survey, which can be found below. This survey shouldn't take more than 5 minutes and no personal details are required.
Let us know how you are feeling about markets and the economy by following the link below! We will let you know the results in a following market update.
Report Updates
We have posted report updates on CCL Industries Inc. (CCL.B) and TFI International (TFII). CCL.B is a custom manufacturer that provides manufacturing and other value-added outsourcing services to large international consumer product companies, and TFII is a transportation and logistics service provider. One name continues to balance growth of the business and capital returns, while we feel the other provides an attractive setup currently, due to a fair valuation and consistent growth in earnings.
Read the latest updates by logging in here!