Technology Stocks

BRIEF-Revolugroup Canada Inc. Extends Equity Investment Talks Term Sheet Period Until December 8Th 2022 Midnight

  • November 30, 2022 12:05 AM PST | Reuters
 BRIEF-Revolugroup Canada Inc. Extends Equity Investment Talks Term Sheet Period Until December 8Th 2022 Midnight

Nov 29 (Reuters) - RevoluGROUP Canada Inc: * REVOLUGROUP CANADA INC. EXTENDS EQUITY INVESTMENT TALKS TERM SHEET PERIOD UNTIL DECEMBER 8TH 2022 MIDNIGHT * REVOLUGROUP CANADA INC - POTENTIAL ACQUIRERS

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BRIEF-Shopify Merchants Set New Black Friday Cyber Monday Record With $7.5 Billion In Sales

BRIEF-Shopify Merchants Set New Black Friday Cyber Monday Record With $7.5 Billion In Sales

  • November 29, 2022 11:46 PM EST | Reuters

Nov 29 (Reuters) - Shopify Inc: * SHOPIFY MERCHANTS SET NEW BLACK FRIDAY CYBER MONDAY RECORD WITH $7.5 BILLION IN SALES Further company coverage:

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BRIEF-Spectra7 Announces Third Quarter 2022 Financial Results

BRIEF-Spectra7 Announces Third Quarter 2022 Financial Results

  • November 29, 2022 11:43 PM EST | Reuters

Nov 29 (Reuters) - Spectra7 Microsystems Inc: * SPECTRA7 ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS * SPECTRA7 MICROSYSTEMS INC Q3 LOSS PER SHARE $0.04 * SPECTRA7 MICROSYSTEMS INC SEES FY REVENUE

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BRIEF-Zoomd Technologies Reports Third Quarter 2022 Financial Results.

BRIEF-Zoomd Technologies Reports Third Quarter 2022 Financial Results.

  • November 29, 2022 11:37 PM EST | Reuters

Nov 29 (Reuters) - Zoomd Technologies Ltd: * ZOOMD TECHNOLOGIES REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS. * ZOOMD TECHNOLOGIES LTD Q3 REVENUE FELL 39 PERCENT TO C$9.8 MILLION * ZOOMD TECHNOLOGIES

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BRIEF-Versus Systems Regains Compliance With Nasdaq Minimum Bid Price Requirement

BRIEF-Versus Systems Regains Compliance With Nasdaq Minimum Bid Price Requirement

  • November 29, 2022 08:31 AM PST | Reuters

Nov 28 (Reuters) - Versus Systems Inc: * VERSUS SYSTEMS REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT Source text for Eikon: Further company coverage:

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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

  • November 29, 2022 08:03 AM PST | Reuters

(Adds Petrobras, Microsoft, Shell; updates Taboola) Nov 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday: ** Brazil's government-elected

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CANADA STOCKS-TSX falls as China lockdowns weigh on resource shares

CANADA STOCKS-TSX falls as China lockdowns weigh on resource shares

  • November 29, 2022 08:34 AM EST | Reuters

(Adds strategist quote and details throughout; updates prices) * TSX ends down 163.28 points, or 0.8%, at 20,220.49 * Energy falls 1.7% * Materials sector loses 2.3% * Shopify gains 4.4% By Fergal

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BRIEF-Versus Systems Regains Compliance With Nasdaq Minimum Bid Price Requirement

BRIEF-Versus Systems Regains Compliance With Nasdaq Minimum Bid Price Requirement

  • November 29, 2022 08:31 AM EST | Reuters

Nov 28 (Reuters) - Versus Systems Inc: * VERSUS SYSTEMS REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT Source text for Eikon: Further company coverage:

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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

  • November 29, 2022 08:03 AM EST | Reuters

(Adds Petrobras, Microsoft, Shell; updates Taboola) Nov 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday: ** Brazil's government-elected

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BRIEF-Blackberry Expands Work With AWS To Elevate Blackberry Qnx Foundational Software To Cloud, Accelerating Time To Market For Mission-Critical Embedded Systems

BRIEF-Blackberry Expands Work With AWS To Elevate Blackberry Qnx Foundational Software To Cloud, Accelerating Time To Market For Mission-Critical Embedded Systems

  • November 29, 2022 01:01 AM PST | Reuters

Nov 28 (Reuters) - BlackBerry Ltd: * BLACKBERRY EXPANDS WORK WITH AWS TO ELEVATE BLACKBERRY QNX FOUNDATIONAL SOFTWARE TO CLOUD, ACCELERATING TIME TO MARKET FOR MISSION-CRITICAL EMBEDDED SYSTEMS Source

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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

  • November 29, 2022 08:03 AM GMT | Reuters

(Adds Petrobras, Microsoft, Shell; updates Taboola) Nov 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday: ** Brazil's government-elected

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Frequently Asked Questions

Tech stocks are arguably one of the most popular worldwide. One reason is the way they penetrate the daily lives of people. E-commerce, smartphones, and software are relied upon by nearly everyone, individuals or companies. But these factors may not mean that all technology stocks make for a good investment. Fundamentals like products and services, market share and dominance, and profit-making ability matter a lot. An investor must pay heed to the profit-making model of the company before investing in the stock.

It may be said that no time is arguably a bad time to dive into tech stocks. The reason is the sector has yet to mature. There are a lot of new developments, for example, tech giant Meta's focus on the potential of the virtual reality space. It may be a good idea to first look at what the company, which the stock represents on the exchange, is planning to do in the near-to-medium term. If there appears a chance that there would be demand for its products and/or services, it may be the right time to consider the stock.

The S&P/TSX Capped Information Technology Index took a bit of a beating earlier this year and is still in the red by nearly 20 per cent year-to-date. However, on March 28 it had risen 1.79 per cent, despite the TSX Composite Index closing in the red, and it is in the green month-to-date. It might seem that it is on the rebound. Stocks vary from time to time based on market conditions, but as of writing this, the stocks that made for an interesting watch as below: Shopify (TSX:SHOP) is generally one the TSX technology index’s biggest stock by market capitalization. It was among the day’s biggest gainers on March 8 along with BlackBerry Ltd (TSX:BB), Converge Technology Solutions (TSX:CTS) and Docebo Inc (TSX:DCBO). All these stocks are in the red on a year-to-date basis but in the green either in the last seven days or the last month.

A good technology stock may be one that represents an entity that is forward-looking and has the vision and capacity to produce goods and/or services in a fast-moving world. Technology rises fast, and it may also become obsolete fast. This is why tech giants either adopt new trends or acquire comparatively smaller companies that have already made progress in an emerging technology. Separately, fundamentals like cash flow, revenue growth, market share, and dividends may also be considered to identify a good technology stock.

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