Nirav Vagadiya

Researching Canadian & U.S. markets.
Stocks | ETFs | Macro | Earnings
Making finance easier to understand
Educational content | Not financial advice

[Nirav Vagadiya @NiravExplains]

I had Micron $MU on my watchlist for this week because of its earnings report.

Now we have the numbers.

Q4 revenue: $54.2B
Adjusted EPS: $33.42

Both beat expectations.

But what really caught my attention was the outlook.

Micron expects around $61.5B in revenue next quarter.

That tells me the AI memory story is still very strong.

And this is exactly what I wanted to watch:

AI demand → Data centres → HBM → Memory demand → Micron

Now I want to see how sustainable this growth is.

[Nirav Vagadiya @NiravExplains]

Someone’s short getting expensive 👀

[Cassandra Unchained @michaeljburry]

For the benefit of humanity, the markets should tank hard and prevent the OpenAI and Anthropic IPOs.

[Nirav Vagadiya @NiravExplains]

Remember $CCL?

I had Carnival on my watchlist for this week.

Today, the stock jumped around 14% after earnings.

And the numbers caught my attention:

Q3 revenue: $8.44B - record
Adjusted EPS: $1.43 - above expectations
Customer deposits: $7.6B - record

Even more interesting:

2027 bookings are already at record occupancy and pricing levels.

Carnival also raised its full-year outlook despite higher fuel costs.

This is exactly why I like researching companies before the catalyst.

You never know what the next report will reveal.

Still learning. Still researching. 📊🇺🇸

[Nirav Vagadiya @NiravExplains]

And finally: $CCL.

Carnival gives me a completely different part of the market to watch.

I’ll be looking at bookings, pricing, occupancy and fuel costs.

But there’s an even bigger reason I’m watching next week.

We also get major economic data:

PCE
ADP
GDP
ISM Manufacturing
Jobs report

So this week could give us two things to research:

How are individual companies performing?

And what is the economy telling us?

I’ll be watching both.

Learn. Research. Build. Share. 📊

[Nirav Vagadiya @NiravExplains]

$CCL is up 14% today

[Nirav Vagadiya @NiravExplains]

There is some interesting news to watch this week in the US market.

A few stocks caught my attention:

$MU — Micron
$NKE — Nike
$ACN — Accenture
$CCL — Carnival

Each has a different story.

And there are some big economic reports coming too.

Here’s what I’m watching this week. 🇺🇸

[Nirav Vagadiya @NiravExplains]

Remember $STC.TO $SANG ?

I mentioned Sangoma yesterday as one of the Canadian stocks I was watching.

Today, the stock is up nearly 40%.

But here’s the interesting part:

The big move isn’t just about the earnings.

Sangoma announced it has agreed to be acquired by BRC Group for an enterprise value of about US$204M.

The proposed deal implies about C$7.40 per share - roughly a 47% premium to Sangoma’s previous closing price.

The Q4 numbers were mixed, but the bigger story today is the acquisition.

This is exactly why I like keeping a watchlist.

Sometimes the story changes overnight.

Still learning. Still researching. 🇨🇦📊

[Nirav Vagadiya @NiravExplains]

$STC.TO $SANG it's up almost 40% today.

[Nirav Vagadiya @NiravExplains]

News to watch this week in the Canadian market.

A few names caught my attention:

$STC — Sangoma
$CNQ — Canadian Natural Resources
$TECK.B — Teck Resources
$CLS — Celestica

Each has a completely different story.

Earnings, oil, copper, AI infrastructure and Canadian GDP are all on my radar.

Here’s what I’m researching next week. 🇨🇦

[Nirav Vagadiya @NiravExplains]

First: $STC

Sangoma reports today after the close.

This is the most obvious earnings catalyst on my list.

Sangoma is in business communications, with cloud, hybrid and on-premise products.

I’ll be watching:

Revenue
Recurring revenue
Cash flow
Customer growth
Guidance

I’m not just looking for a beat.

I want to see whether the underlying business is actually improving.

[Nirav Vagadiya @NiravExplains]

Finally: $CLS.

Celestica has become one of the Canadian names I keep coming back to when I research AI infrastructure.

Q2 revenue jumped 62% YoY.

And the company raised its 2026 revenue outlook to US$20.5B.

But this is where I slow down.

When a company grows this quickly, I want to understand how much of that growth is already reflected in the stock price.

This week I’ll also be watching Canadian GDP.

Because sometimes the most interesting market stories aren't happening in the same sector.

Learn. Research. Build. Share. 🇨🇦📊

[Nirav Vagadiya @NiravExplains]

Then there’s $TECK.B.

Copper keeps showing up in almost every long-term infrastructure story I research.

Power grids.
Data centres.
Electrification.
Energy infrastructure.

Teck produced around 136K tonnes of copper in Q2, while copper prices were significantly higher than a year ago.

And there’s another piece:

The proposed Anglo American–Teck merger.

So I’m watching copper prices, production and the merger process closely.

[Nirav Vagadiya @NiravExplains]

And finally: $CCL.

Carnival gives me a completely different part of the market to watch.

I’ll be looking at bookings, pricing, occupancy and fuel costs.

But there’s an even bigger reason I’m watching next week.

We also get major economic data:

PCE
ADP
GDP
ISM Manufacturing
Jobs report

So this week could give us two things to research:

How are individual companies performing?

And what is the economy telling us?

I’ll be watching both.

Learn. Research. Build. Share. 📊

[Nirav Vagadiya @NiravExplains]

There is some interesting news to watch this week in the US market.

A few stocks caught my attention:

$MU — Micron
$NKE — Nike
$ACN — Accenture
$CCL — Carnival

Each has a different story.

And there are some big economic reports coming too.

Here’s what I’m watching this week. 🇺🇸

[Nirav Vagadiya @NiravExplains]

$ACN is another one on my list.

Accenture reports Thursday.

What caught my attention is its exposure to the other side of the AI story.

We’ve spent a lot of time talking about companies building AI.

But what about companies helping businesses actually implement it?

I’ll be watching AI bookings, revenue growth and management’s comments on enterprise AI spending.

The big question for me:

Are companies actually spending money on AI at scale?

That’s what I want to understand.

[Nirav Vagadiya @NiravExplains]

Something I didn’t pay enough attention to before:

The bond market.

I used to focus mostly on stocks. Now I’m realizing that bond yields can tell us a lot about:

Inflation expectations
Interest rates
Borrowing costs
Economic growth
Stock valuations

Sometimes the bond market starts telling the story before the stock market does.

[Nirav Vagadiya @NiravExplains]

@oyekapoor Yes, I prefer IBKR as it also gives you access to global markets and not just the US market.

[Nirav Vagadiya @NiravExplains]

Hi, I’m Nirav.

Today, I’m starting a new journey in the world of finance.

I’ll be researching Canadian & U.S. markets, studying companies, and learning about long-term wealth building.

I’ll share what I learn along the way. Let’s learn together.

Learn. Research. Build. Share.

[Nirav Vagadiya @NiravExplains]

A quick lesson I’ve been learning:

A $20 stock isn't necessarily cheaper than a $200 stock.

The share price alone doesn't tell you much.

You need to look at:

Shares outstanding × share price = Market capitalization

That's why I’m trying to stop thinking about stocks as “cheap” or “expensive” based only on the share price.

There’s more to the story.

[Nirav Vagadiya @NiravExplains]

Brookfield Renewable (BEP.UN) is a little different from the others.

It isn't really a bet on one commodity.

It’s a bet on something much bigger:

Electricity demand.

AI and data centres are increasing the need for reliable power.

And that could create a long-term opportunity for renewable power and infrastructure.

But again, the stock price matters.

So after looking at all 5 companies, I’m left with the same question:

Which businesses can actually turn these big trends into sustainable cash flow?

That’s what I’ll be researching next. 🇨🇦📊

Learn. Research. Build. Share.

[Nirav Vagadiya @NiravExplains]

I’ve been digging into the Canadian market lately, and a few companies caught my attention.

Not because they’re “hot stocks.”

But because they sit right in the middle of some big trends:

🛢️ Oil
☢️ Nuclear
🥇 Gold
🟠 Copper
⚡ Electricity

I picked 5 Canadian companies to research.

Here’s what I found. 🧵🇨🇦

[Nirav Vagadiya @NiravExplains]

That brought me to Lundin Mining (LUN).

Copper is becoming harder to ignore.

Data centres.
Power grids.
Electrification.
EVs.

All of them need copper.

Lundin produced around 77K tonnes of copper in Q2.

The story makes sense.

But here's where I slow down.

A great commodity story doesn't automatically mean a great investment.

So I’m looking at production, costs, debt, cash flow and valuation.

And that brings me to the final company on my list…

⚡ Brookfield Renewable.