๐ Maple Market Challenge 6: So, Canada has AI stocks, eh?
Hi, mooers!
Each week, we'll throw a couple of easy questions about Canadian/US stocks. All you need to do is pick an answer or drop us a line with your thoughts. It's that simple! ![]()
Like always, let's reveal the answer to last week's quiz: Which sector saw a strong performance in the previous quarter for Amazon? The answer is E-commerce and advertising.
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A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A private message with more details has been sent to you.
Like always, let's reveal the answer to last week's quiz: Which sector saw a strong performance in the previous quarter for Amazon? The answer is E-commerce and advertising.
Now, brace yourselves for today's quiz!
Do you know Canada hosts some of the most cutting-edge AI software firms globally? While media often spotlights NVIDIA and OpenAI, the Canadian AI industry is thriving with companies excelling in various sectors like supply chain management and e-commerce.
Do you know Canada hosts some of the most cutting-edge AI software firms globally? While media often spotlights NVIDIA and OpenAI, the Canadian AI industry is thriving with companies excelling in various sectors like supply chain management and e-commerce.
$Shopify (SHOP.US)$/ $Shopify Inc (SHOP.CA)$ is a globally recognized Canadian e-commerce platform that facilitates seamless online and in-person sales for brands. Using AI technology, Shopify Magic utilizes the details that customers provide to offer content recommendations, including product descriptions, email subject lines, and online store headings. The company revealed its Q2 financial outcomes on Wednesday, leading to a 17% surge in the stock value due to the strong Q2 performance.
Bonus question:
Are you familiar with any other Canadian businesses utilizing AI technology? Share your market smarts in the comment area to earn 50 points!
Are you familiar with any other Canadian businesses utilizing AI technology? Share your market smarts in the comment area to earn 50 points!
Stick around for the reveal of the answers and to celebrate our winners. Good luck to everyone!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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74067083 : Constellation and Celestica are two Canadian stocks that might use AI
74423696 : Hello and good morning. I have to telling you I donโt know anything about IA marketing, please donโt ask me any questions about that . I like it, and I except to know and learning about it But I donโt know anything about marketing. Thank you so much for you understand me.
victor manzat : AIVC canadian ai stock
Living Stone : Moogle Labs is a Canadian AI ML development company based in Mississauga... but that is an actual AI company rather than a business utilizing AI... from a google search I can find Canadian government reports on the number and/or percentages of Canadian businesses by industry utilizing AI technology but not the actual names of the companies.
In these reports, Natural Language Processing (NLP) appears to be the most common AI usage and a further google search revealed that most if not all major Canadian Banks such as CIBC, TD, BMO, Scotia Bank and RBC utilize NLP to provide chat bots and insights into customer spending as well as sentiment analysis of social media platforms.
Meme_Short_Queen : all the banks and insurance companies are applying AI to their day to day operations
Bobbyjee : indeed, Shopify is proving its existence in the most present conpetitive environment. their results are showing the surge because of the use of AItools which most of the companies are still lagging behind. with ever changing buying habits, future is bright for Shopify
BearWithTheBull : Can't spell Shopify without Shop, and who doesn't like to shop? Cha-ching!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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ๅ็พๆทฑ่ : $AbCellera Biologics (ABCL.US)$ The drug discovery platform is useful for AI, and it can also be considered a biomedical AI company.
ExclusiveTrader : Definitely a fun way to learn about market fluctuations.
ExclusiveTrader : It could be a good buy or a sign that it is leveling out
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