Air Canada Suspends Restart Plans

Plus, Chainlink's summer surge.

August 18, 2025

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Today is Monday, August 18, 2025.

The Early Bird Index today is 91.55

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Air Canada Suspends Restart Plans

The ongoing labor dispute between flight attendants and Air Canada took another turn on Sunday when the airline suspended its plan to resume limited flying.

Background: A breakdown in contract negotiations between Air Canada and its flight attendants caused a strike to start over the weekend. Air Canada reduced its flight operations due to the staffing shortage.

Latest Developments: The Canadian government ordered the striking flight attendants back to work, and the airline announced plans to restart flights. However, the flight attendants continued the strike, resulting in Air Canada suspending its plans to resume operations through at least early Monday.

Early Bird’s Nest Egg Gains: While U.S.-based airlines are not directly part of the dispute, the Air Canada strike is causing significant second-order impacts: canceled flights, booking overloads, travel disruptions, and logistical headaches for U.S.-based travelers and airlines.

  • U.S.-based airlines may also experience a surge in booking demand and need to accommodate travelers rerouted from canceled Air Canada flights.

Final Thoughts: Air Canada’s stock is down 7.71% this year.

Big investors are buying this “unlisted” stock

When the founder who sold his last company to Zillow for $120M starts a new venture, people notice. That’s why the same VCs behind Uber and eBay also backed Pacaso. They made $110M+ in gross profit to date. They even reserved the Nasdaq ticker PCSO. Now, you can join, too.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

Notables

Notable Earnings Today: Palo Alto Networks (Nasdaq: PANW), Riskified (NYSE: RSKD), Fabrinet (NYSE: FN), Blink Charging (Nasdaq: BLNK), Agora (Nasdaq: API), Bitdeer Technologies Group (Nasdaq: BTDR), CBAK Energy Technology (Nasdaq: CBAT), Flexsteel Industries (Nasdaq: FLXS), Freightos (Nasdaq: CRGO), Nyxoah (Nasdaq: NYXH), XP (Nasdaq: XP).

Notable IPOs Today: FIGX Capital Acquisition Corp. Class A Ordinary Share (Nasdaq: FIGX).

Notable Equity Crowdfunding Campaigns Ending Today: Filmland Spirits (StartEngine), Kaylaan (Honeycomb), The Lot (Honeycomb).

Notable Economic Events Today: N/A.

The good times continued for the price of the cryptocurrency Chainlink $LINK.X ( ▲ 0.74% ) on Sunday. It jumped about 14% and is now up over 40% in the last 30 days.

Background: Chainlink’s recent price jump comes over a week after announcing the launch of Chainlink Reserve, a new upgrade centered on the creation of a strategic on-chain reserve of LINK tokens. 

  • A few days ago, Chainlink also announced a new fintech partnership that boosted the price.

Details: Over the weekend, so-called crypto ‘whales’ (entities that own a lot of crypto) bought more Chainlink to drive up the price.

Final Thoughts: Chainlink is having a good summer, although historically, the price has been volatile.

Dayforce Might Get Acquired

Dayforce $DAY ( ▼ 0.99% ) , a human resources software provider, might be leaving the public markets soon.

Details: Bloomberg reported on Sunday that private equity firm Thoma Bravo is in advanced talks to acquire Dayforce. The report said that the deal could face delays or fall through.

Final Thoughts: Dayforce is down 25.93% this year.

Going Private: Soho House Members’ Club Nearing a Deal to Go Private (Wall Street Journal)

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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.