Brayden Dennis

Investing is simple, but don't confuse that with thinking it's easy.

A stock is not just a ticker.

At the end of the day, you have to remember that it's a business.

If there's uncertainty in the markets, there's going to be some great opportunities for investors.

Welcome to the Canadian Investor Podcast.

I'm Simon Beranger.

I'm back with my co-host, Dan Kent.

We have a fun and jam-packed episode today.

So we're going to start with SpaceX and its highly anticipated IPO that happened last Friday and why the valuation, the limited public float, and the upcoming share unlocks are worth paying attention to.

We'll also touch on a busy start to the week on the acquisition front with deals involving Fox and Roku, Salesforce and American Express.

Then we'll move over to the Canadian side of the earnings, including Dollarama's strong rebound quarter, Group Dynamite big quarter.

post earning drop and adobe where the result looks solid on the surface but the market clearly had other concerns if we have time we'll also touch on oracle depending how long it takes and then just a quick note i'm sure some of you are aware of the gildan short report we will be going over that on monday in more details so we won't really touch on it in this episode

I would say it was a success.

SpaceX, like I mentioned, made its IPO debut, debuted as an IPO on June 12th.

So having trouble with that one there.

And the stock is up more than 30 percent based on the IPO price of one hundred and thirty five dollars.

It values the company at more than two point six trillion dollars.

It's placing SpaceX.

in the same company in terms of market cap as a Microsoft, Amazon, TSMC, and Broadcom as well.

Actually, it's within that group and then it's above actually fairly decent amount above in terms of market cap over Broadcom, Saudi Aramco, and even Meta.