Now’s not the time to buy Roblox stock, Roth says

Can Tech - Tue, 04/29/2025 - 20:54
Roblox continues to expand its global ambitions, but Roth Capital’s Senior Research Analyst Eric Handler is cautious ahead of the company’s first-quarter earnings report. Handler maintained a “Neutral” rating and a 12-month price target of $72.00 for Roblox (Roblox Stock Quote, Chart, News, Analysts, Financials NYSE:RBLX) in an earnings preview published April 29. The rating […]

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Alithya Group keeps “Sector Perform” rating at National Bank

Can Tech - Tue, 04/29/2025 - 19:57
National Bank Financial analyst John Shao is maintaining a “Sector Perform” rating and a 12-month price target of $2.00 on Alithya Group (Alithya Group Stock Quote, Chart, News, Analysts, Financials TSXV:ALYA). In his latest industry note in the National Bank of Canada Financial Markets Calendar Q1 2025 Preview, Shao said he expects Alithya’s upcoming quarterly […]

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Is Profound Medical a buy right now?

Can Tech - Tue, 04/29/2025 - 19:39
Profound Medical Corp. (Profound Medical Corp Stock Quote, Chart, News, Analysts, Financials TSXV:PRN) is sharpening its edge in prostate cancer treatment, as new clinical results from its CAPTAIN trial show its TULSA procedure delivers safer, faster recoveries than traditional surgery, says one analyst. The CAPTAIN trial compared Profound’s TULSA (Transurethral Ultrasound Ablation) system against robotic […]

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“Hard work lies ahead”: Canadian tech leaders strike urgent tone on policy asks following Liberal victory

BetaKit - Tue, 04/29/2025 - 15:15

Domestic procurement, boosting business investment key issues for Carney government, industry groups say.

The post “Hard work lies ahead”: Canadian tech leaders strike urgent tone on policy asks following Liberal victory first appeared on BetaKit.

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Cleantech startup Planetary wins nearly $1.4 million from Elon Musk-funded XPrize competition

BetaKit - Tue, 04/29/2025 - 15:13

The company beat more than 1,300 rivals with its ocean-based CO2 removal system.

The post Cleantech startup Planetary wins nearly $1.4 million from Elon Musk-funded XPrize competition first appeared on BetaKit.

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Former Plooto CEO Hamed Abbasi acquitted in sexual assault case

BetaKit - Tue, 04/29/2025 - 13:06

Abbasi faced up to 10 years in prison if convicted.

The post Former Plooto CEO Hamed Abbasi acquitted in sexual assault case first appeared on BetaKit.

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Amazon launches first batch of Kuiper internet satellites to compete with SpaceX's Starlink

Technology news (CBC) - Tue, 04/29/2025 - 10:39

Amazon's first batch of internet satellites rocketed into orbit on Monday might, the latest entry in the mega constellation market currently dominated by SpaceX's thousands of Starlinks.

Categories: Technology news

Stingray Group wins price target raise at RBC

Can Tech - Tue, 04/29/2025 - 09:33
RBC Dominion Securities Drew McReynolds likes what he currently sees from Stingray Group (Stingray Group Stock Quote, Chart, News, Analysts, Financials TSX:RAY.A). As reported by the Globe and Mail, the analyst April 29 maintained his “Outperform” rating on the stock while raising his 12-month price target on it from $11.00 to $12.00. McReynolds says in […]

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CGI Group is still undervalued, this analyst says

Can Tech - Tue, 04/29/2025 - 09:00
CGI is doubling down on growth through acquisition, and National Bank Financial is betting on the strategy paying off, maintaining an “Outperform” rating and a C$185 price target ahead of the company’s second-quarter results. CGI (CGI Stock Quote, Chart, News, Analysts, Financials TSX:GIB.A) received the rating and 12-month price target from National Bank Financial Markets […]

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Cinema tech startup Axibo raises $12 million to kickstart humanoid robot division

BetaKit - Tue, 04/29/2025 - 06:44

After working with Apple and Netflix, Axibo looks to debut a made-in-Canada robot next year.

The post Cinema tech startup Axibo raises $12 million to kickstart humanoid robot division first appeared on BetaKit.

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Scientists skeptical about recent claims that signs of life were possibly detected on exoplanet

Technology news (CBC) - Tue, 04/29/2025 - 04:00

Remember those claims that signs of life may have been detected on an exoplanet? Scientists have been skeptical about the claim, and now new, independent research is adding to that skepticism.

Categories: Technology news

Constellation Software remains a “premium operator”, National Bank says

Can Tech - Mon, 04/28/2025 - 19:01
Even with a cautious market, Constellation Software’s (Constellation Software Stock Quote, Chart, News, Analysts, Financials TSX:CSU) steady deal flow and strong balance sheet are keeping it firmly on National Bank’s buy list. Constellation received an “Outperform” rating and a C$5,500 12-month price target in an April 24 industry note. National Bank Financial Markets analyst Richard […]

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Did Roman gladiators really fight animals? This one has the bite marks to prove it

Technology news (CBC) - Mon, 04/28/2025 - 18:32

Ancient texts and modern movies alike depict the Roman Empire as a society that pitted men against animals for bloodsport. But remains unearthed in England are the first physical evidence of human-animal combat in ancient Rome.

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Medicenna Therapeutics has “elegant science”, Research Capital says

Can Tech - Mon, 04/28/2025 - 18:08
New clinical data from Medicenna Therapeutics (Medicenna Therapeutics Stock Quote, Chart, News, Analysts, Financials TSXV:MDNA) is strengthening confidence in its lead cancer therapy, positioning the company as a notable player in the next wave of immuno-oncology treatments. On April 28, the company received a Speculative Buy rating and a C$3.75 12-month price target from Research […]

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Geovax Labs is a buy, Roth says

Can Tech - Mon, 04/28/2025 - 16:00
Roth Capital sees a big upside for GeoVax after the company released promising new vaccine data. GeoVax Labs (GeoVax Labs Stock Quote, Chart, News, Analysts, Financials NSQ:GOVX) received a “Buy” rating and a $18.00 12-month price target from Roth Capital Partners analyst Jonathan Aschoff following new clinical data that supports further development of the company’s […]

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Batteries, services helped ocean tech firm Kraken Robotics sail to strong profit and revenue in 2024

BetaKit - Mon, 04/28/2025 - 14:59

The undersea robotics startup tops the 2025 TSX Venture 50 List despite hardware market challenges.

The post Batteries, services helped ocean tech firm Kraken Robotics sail to strong profit and revenue in 2024 first appeared on BetaKit.

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Québec grants Centech $4.5 million to boost deep tech, medtech commercialization

BetaKit - Mon, 04/28/2025 - 14:03

Puzzle Medical, Eli Health graduated incubator-accelerator program run out of École technologique supérieure.

The post Québec grants Centech $4.5 million to boost deep tech, medtech commercialization first appeared on BetaKit.

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Has Lululemon lost its Mojo?

Can Tech - Mon, 04/28/2025 - 09:57
The tailwinds have long subsided and the headwinds are coming. That’s the take from Citi analyst Paul Lejuez when it comes to Lululemon (Lululmeon Stock Quote, Chart, News, Analysts, Financials NASDAQ:LULU). As reported by the Globe and Mail, Lejuez April 28 maintained his “Neutral” rating on LULU while cutting his price target from (US) $375.00 […]

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A US-Canada crypto summit is shaping up at Consensus 2025

BetaKit - Mon, 04/28/2025 - 07:00

Dave Portnoy, Eric Trump, and a huge contingent of Canadian founders rally at Consensus 2025.

The post A US-Canada crypto summit is shaping up at Consensus 2025 first appeared on BetaKit.

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