TSX:ILLM
TSX:ILLMInteractive Media and Services

Spotlight On TSX Penny Stocks With Market Caps Under CA$100M

With Canada's election now behind it, the focus is shifting to trade and economic policies under Prime Minister Mark Carney's leadership, with potential fiscal stimulus on the horizon. In this evolving landscape, penny stocks—though an outdated term—continue to capture interest as they represent smaller or emerging companies that might offer value and growth potential. By focusing on those with strong financials and clear strategies, investors can uncover opportunities within these...
NasdaqGS:AFRM
NasdaqGS:AFRMDiversified Financial

Affirm Holdings (NasdaqGS:AFRM) Reports US$2.8M Net Income In Third Quarter Earnings

Affirm Holdings (NasdaqGS:AFRM) experienced a robust price increase of nearly 49% over the last month, likely spurred by a combination of its recent strong third-quarter earnings report and strategic moves. The company's sales revenue and net income improvements contributed to positive investor sentiment. Additionally, Affirm's new client partnerships, such as with UATP, product innovations like AdaptAI, and its credit reporting expansion supported this upward momentum. Despite broader market...
NYSE:MP
NYSE:MPMetals and Mining

MP Materials (NYSE:MP) Reports Increased Production But Declines to US$61 Million in Sales

MP Materials (NYSE:MP) recently announced a substantial increase in production volumes, notably NdPr, yet reported a significant net loss of $22.65 million in Q1 2025 compared to the previous year's net income. Despite these challenges, the company's stock price rose 9% over the past month, possibly buoyed by overall market optimism, as broader market indices like the Dow experienced minor movements. Although MP Materials faced financial headwinds, its increased production aligns with market...
NYSE:RKT
NYSE:RKTDiversified Financial

Rocket Companies (NYSE:RKT) Reports Revenue Decline And Net Loss For Q1 2025

Rocket Companies (NYSE:RKT) reported a challenging first quarter in 2025, with revenue declining to $1,037 million from $1,384 million in the previous year, alongside a net loss of $10 million. These financial results, revealing a marked shift from profit to loss, likely contributed to the company's 8% share price decline over the last quarter. Additionally, broader market trends showed a mild uplift, with stock indexes gradually increasing, albeit tempered by geopolitical uncertainties...
NasdaqGS:DKNG
NasdaqGS:DKNGHospitality

DraftKings (NasdaqGS:DKNG) Revises Revenue Guidance Despite Narrowing Net Losses

DraftKings (NasdaqGS:DKNG) saw its share price move up by 11% over the past month, a shift that coincides with the company's recent announcement of its earnings for Q1 2025 and the revision of its revenue guidance for 2025. Despite a lowered revenue forecast for the fiscal year, which now reflects a growth expectation of 32%, the company reported a notable improvement in its quarterly net loss. This performance came amidst a market backdrop where major indexes saw modest declines due to...
NasdaqCM:RCAT
NasdaqCM:RCATElectronic

Red Cat Holdings (NasdaqCM:RCAT) Completes US$30 Million Equity Offering

Red Cat Holdings (NasdaqCM:RCAT) made headlines with a 12% increase in its share price over the past week, riding on news of significant operational strides. The company's collaboration with Palladyne AI Corp., successfully testing flights of autonomous drones, underscored Red Cat's technological advancements, potentially enhancing investor confidence. Meanwhile, completion of a $30 million equity offering may have bolstered the company's financial flexibility. While the broader market...
NYSE:HIMS
NYSE:HIMSHealthcare

Hims & Hers Health (NYSE:HIMS) Appoints Mo Elshenawy As New CTO For AI-Driven Healthcare Transformation

Hims & Hers Health (NYSE:HIMS) experienced a remarkable 97% share price increase over the past month, a move that coincided with significant executive changes. The appointment of Mo Elshenawy as Chief Technology Officer to spearhead AI initiatives and Nader Kabbani's new role as Chief Operations Officer may have instilled investor confidence. Strong Q1 2025 earnings results, with substantial growth in sales and net income, likely bolstered this sentiment. In addition, the strategic...
NYSE:PATH
NYSE:PATHSoftware

UiPath (NYSE:PATH) Director Laela Sturdy To Step Down Before 2025 Annual Meeting

UiPath (NYSE:PATH) saw a 26% increase in its share price over the past month. This notable rise coincided with significant developments, including the resignation of Board member Laela Sturdy. The launch of the next-generation UiPath Platform and expansion of partnerships, notably with Redis, likely contributed positively to investor sentiment. Amidst a mixed broader market, with major indexes slightly down due to tariff discussions and Federal Reserve decisions, UiPath's developments...
NasdaqGS:HOOD
NasdaqGS:HOODCapital Markets

Robinhood Markets (NasdaqGS:HOOD) Reports Robust Earnings Growth

Robinhood Markets (NasdaqGS:HOOD) experienced a significant share price increase of 58% over the past month, driven by strong earnings and strategic buyback initiatives. The company reported impressive first-quarter earnings, with revenue and net income substantially rising compared to the previous year. Robinhood also enhanced its share buyback program by an additional $500 million, indicating confidence in its financial health. Meanwhile, broader market trends remained largely unaffected,...
NYSE:VIK
NYSE:VIKHospitality

Viking Holdings (NYSE:VIK) Expands Nile River Fleet With New 82-Guest Ship

Viking Holdings (NYSE:VIK) recently announced a significant milestone with the float-out of its newest ship, the Viking Thoth, for the Nile River, scheduled for delivery in October 2025. This news, part of a broader strategy to expand its fleet, aligns with the company's recent 23% share price increase last month. While the broader market showed moderate gains, Viking’s developments likely added momentum to its stock performance. The company continues to enhance its presence in Egypt, with...
NYSE:PINS
NYSE:PINSInteractive Media and Services

Pinterest (NYSE:PINS) Posts Robust Q1 Earnings Growth; Projects Up to 15% Revenue Rise

Pinterest (NYSE:PINS) experienced a notable 12.88% increase in its share price over the past month, a movement strongly supported by impressive earnings results and optimistic future guidance. Reporting a significant recovery to a net income of $8.92 million from the previous year's loss, and setting an ambitious revenue target for Q2, the company's robust financial performance likely added weight to the positive market sentiment. This gain aligns with broader market trends, including tech...
LSE:IAG
LSE:IAGAirlines

International Consolidated Airlines Group (LSE:IAG) Expands Fleet With Major Boeing Airbus Orders

International Consolidated Airlines Group (LSE:IAG) recently placed an order for 53 new aircraft and reported substantial revenue growth of EUR 7,044 million, with a net income turnaround to EUR 176 million. This positive financial performance and strategic business expansion could have contributed to its notable share price increase of 22% over the last month. The aircraft order, however, remains subject to shareholder approval, providing a backdrop of potential future uncertainty...
NasdaqGS:LYFT
NasdaqGS:LYFTTransportation

Lyft (NasdaqGS:LYFT) Reports Q1 Sales of US$1450M With Return to Profitability

Lyft (NasdaqGS:LYFT) recently reported a favorable earnings announcement for Q1 2025, showing a substantial improvement in net income to $2.57 million from a prior loss. This financial turnaround coincided with a 30% rise in Lyft's stock price over the last month. The positive earnings, featuring revenue growth of 13.5%, likely bolstered investor confidence. Meanwhile, the broader market experienced volatility around trade talks, but Lyft's gains appear well-aligned with the market's positive...
NasdaqGM:ENPH
NasdaqGM:ENPHSemiconductor

Enphase Energy (NasdaqGM:ENPH) Launches Software to Expand Solar Capacity with IQ8 Microinverters

Enphase Energy (NasdaqGM:ENPH) recently launched innovative software that facilitates the integration of IQ8™ Microinverters into existing systems, a move set to enhance energy efficiency for over a million homes globally. This strategic expansion, coupled with the launch of the Enphase IQ Balcony Solar System in Germany, likely fueled the stock's 10% rise over the past week. These developments supported the broader market trends, which also saw positive movement despite ongoing trade...
NYSE:HUBS
NYSE:HUBSSoftware

HubSpot (NYSE:HUBS) Projects 16% Revenue Growth; Initiates $500 Million Share Buyback

HubSpot (NYSE:HUBS) has announced a significant share repurchase program, purchasing up to $500 million of its shares, while also forecasting a 16% year-over-year revenue growth for 2025. Concurrently, major board changes saw Brian Halligan stepping down as Executive Chairperson. Despite reporting a net loss for Q1, these developments appear to have bolstered market confidence, contributing to a 36% rise in its stock price over the past month. This stands out from broader market movements,...
NasdaqGS:EXPE
NasdaqGS:EXPEHospitality

Expedia Group (NasdaqGS:EXPE) Unveils Instagram-Inspired Booking Innovation Despite Increased Q1 Losses

Expedia Group (NasdaqGS:EXPE) recently launched its Trip Matching feature, using Instagram content to tailor travel itineraries. The company's share price experienced a 24% increase over the past month despite facing financial challenges, as reported in its Q1 earnings. The earnings disclosed increased sales but also a widening net loss, likely influencing mixed investor sentiment. Compared to broader market declines influenced by macroeconomic factors like U.S.-China trade talks and soft...
NasdaqGS:PANW
NasdaqGS:PANWSoftware

Deloitte Expands AI Cybersecurity With Palo Alto Networks (NasdaqGS:PANW) Integration

Deloitte's expansion into secure AI services, incorporating Palo Alto Networks (NasdaqGS:PANW) solutions, marks a significant development in AI and cybersecurity. During the past month, Palo Alto Networks' stock rose 24%, potentially influenced by this collaboration and new product launches like Prisma AIRSTM. Despite broader market fluctuations, including mild declines in major indices and geopolitical factors such as U.S.-China tariff discussions, Palo Alto Networks held steady, aligning...
NasdaqCM:QUBT
NasdaqCM:QUBTSoftware

Quantum Computing (NasdaqCM:QUBT) Names Dr. Yuping Huang As Interim CEO

Quantum Computing (NasdaqCM:QUBT) is experiencing notable changes with the upcoming retirement of CEO Dr. William McGann and the appointment of Dr. Yuping Huang as interim CEO. The company recently secured a subcontract with NASA and sold its EmuCore reservoir computer to a major automaker. These events could have bolstered investor confidence, as evidenced by the 36% rise in Quantum Computing’s stock over the last month. This positive movement contrasts with the broader market, where major...
NYSE:ICE
NYSE:ICECapital Markets

Intercontinental Exchange (NYSE:ICE) Launches EU Carbon Allowance Futures Expanding Emissions Trading

Intercontinental Exchange (NYSE:ICE) recently unveiled its EU Carbon Allowance (EUA) 2 futures, potentially bolstering its position in the expanding carbon derivatives market. Over the past month, ICE's stock price rose by 16%, a move possibly reinforced by its strong Q1 2025 earnings, including increased sales and revenue. Meanwhile, the broader market has seen mixed trends, with notable discussions around U.S.-China tariffs influencing overall investor sentiment. ICE's strategic product...