Shopify Inc
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What's Behind Shopify Stock's Upward Climb?
Should You Buy eBay Stock before Its Earnings Report?
Analysts are bullish on eBay stock before the earnings report. On Wednesday, BMO Capital analyst Daniel Salmon lifted the target price to $59 from $52.
Can NIO Stock Recover After Falling into Bear Territory?
NIO stock has closed with losses for two days now and is down 21.2% from its high of $16.44 on Monday. Can NIO get out of bear market territory?
Walmart Expands in India with Flipkart, Plans to Compete with Amazon
Walmart (NYSE:WMT) has raised its funding in India’s e-commerce firm Flipkart Group. The company wants to compete with Amazon.com (NASDAQ:AMZN).
Walmart and Shopify Gang Up on Amazon, Bezos Delays Prime Day
Walmart (NYSE:WMT) has been gearing up to launch its competitor to Amazon’s Prime membership program. Walmart+ will launch later this month.
Jim Cramer Thinks These 5 Tech Stocks Can Make Good Money
Besides Shopify, PayPal, Zoom, Apple, and Netflix, Jim Cramer thinks that Etsy, Adobe, Twilio, and Fastly could also pay off big for investors.
Why Square Stock Still Has Excellent Upside Potential
Square (NYSE:SQ) stock has been on fire since late-March. On June 22, the stock rose 6.6% and touched its 52-week high of $105.46 and closed at $104.45.
UBS Upgrades Walmart Stock to a ‘Buy’ amid COVID-19
UBS thinks that Walmart’s earnings will accelerate due to higher productivity, rapid growth in e-commerce, and accelerated technology implementation.
Shopify Stock Rises on E-Commerce Boom: Will It Continue?
Shopify stock has been on fire lately due to the e-commerce boom amid COVID-19. The COVID-19 outbreak boosted the demand for Shopify’s services.
Is the Walmart Deal Good for Shopify Stock?
Shopify delivered strong first-quarter earnings. The revenue of $470 million rose 47% year-over-year and beat the consensus estimate by about $30 million.
Shopify Stock Rises Due to Walmart Partnership and Upgrade
Today, Piper Sandler upgraded Shopify from a “neutral” to an “overweight” rating. The firm also raised its target price from $773 to $843.
How Facebook Shops Could Help Facebook Stock
So far, launching Facebook Shops looks good for Facebook stock. The feature promises to drive more revenue and boost advertising sales.
Facebook’s Libra Project Receives Major Boost from Temasek
Facebook’s (NASDAQ:FB) Libra cryptocurrency project continues to show signs of life. Singapore’s Temasek has joined the Libra Association.
Shopify Stock: What Are Analysts’ Concerns Right Now?
Shopify stock declined 1.91% on May 8 and closed at $708.97 with a market cap of $83.0 billion—4.1% below its 52-week high of $739.24.
Analyzing e-Commerce Giant Shopify before Its Q1 Earnings
Shopify stock rose 7.4% on Monday and closed at $658.89 with a market cap of $77.2 billion. The stock was trading 1.0% below its 52-week high of $665.74.
Should Investors Exit Shopify Stock amid COVID-19 Chaos?
Shopify (NYSE:SHOP) stock fell in today’s pre-market trading session. The stock fell over 3% in today’s trading session at 10:46 AM ET.
Shopify Withdraws 2020 Guidance, Stock Falls
Shopify (NASDAQ:SHOP) stock fell 7.74% on April 1 after the company suspended its guidance due to the deadly coronavirus outbreak.
Why Amazon Lending Is Important amid COVID-19
The Amazon Lending program extends loans to Amazon merchants. The program has extended more than $3.0 billion in loans since 2011.
Should Investors Consider Buying Shopify Stock?
For 2020, Shopify expects its revenue to grow from $2.13 billion–$2.16 billion. Analysts expect revenue growth of 36.2% YoY to $2.2 billion in 2020.
Facebook Stock Fell, Don’t Forget What Libra Could Do
Last week was tough for Facebook (NASDAQ:FB) stock despite recent gains in the Libra project. The stock fell 3.78% on February 27.
Will eBay Stock and Its Buyback Plan Benefit Shareholders?
Last week, eBay stock recorded one of its biggest single-day gains in 2020. The company announced that it completed the sale of its StubHub business.
Square Partners with UPS, Amazon and Shopify on Target
The deal with UPS will enhance the value of Square’s e-commerce platform as it battles Amazon and Shopify for market share.
Bernstein Thinks PayPal Stock Could Rise More in 2020
A Bernstein analyst upgraded PayPal stock to an “outperform” from a “market perform” rating. The analyst also raised the company’s 12-month target price.
Why Did Bank of America Turn Bullish on Square Stock?
Square stock rose over 3.2% on January 7 after Bank of America analyst Jason Kupferberg upgraded the stock. Square stock closed the trading day at $64.59.
Can Shopify Stock Rally after Touching New Highs?
Shopify (SHOP) stock has generated stellar returns of around 194.7% on a YTD (year-to-date) basis as of December 27. The S&P 500 has risen about 29.3% YTD.
Is There More Upside in Shopify Stock?
Can Shopify stock continue to rise higher? Let’s look at the factors driving the stock and the technical indicators behind these trends.
Square Has Risen for Six Days—Can It Rally Further?
Square has been seeing growth for the last six days, with a rise of nearly 9.6%. The stock rose 0.37% to $67.42 on November 21.
Where Stanley Druckenmiller Is Bullish
Last week, Duquesne Family Office, managed by Stanley Druckenmiller, filed its Q3 13F with the SEC. We’ll look at the fund’s top holdings, buys, and sells.
Jim Cramer Endorses Shopify Stock despite Losses in Q3
Shopify reported disappointing third-quarter earnings results on October 29. Since then, Shopify stock has fallen by 3.5%.
Why Walmart Is a Leader in Retail Innovation
When you think of retail companies leading technological innovation, Walmart (WMT) might not be the first name that comes to mind. But it should be.
Get Real: Warren Buffett’s Next Elephant
In today’s Get Real, we saw that California Governor Gavin Newsom has ideas about Warren Buffett’s next elephant. Plus, earnings takeaways, the Fed, oil risk, and more.
Buy the Dip: Alphabet and Shopify’s Unwarranted Sell-Off
Alphabet (GOOG)(GOOGL) and Shopify (SHOP) stocks have been under pressure since underwhelming earnings results. But let’s take a closer look.
Why Is Shopify Stock Falling Today?
Shopify is trending down today. The stock has fallen over 4% in the trading session as of 9:41 AM ET. It fell as much as 9.5% in the premarket session.
Shopify Stock: Jim Cramer Likes It—Should You Buy?
Shopify (SHOP) stock has gained a lot of attention lately. On October 22, the stock fell around 6.3% to below the $300 level.
Square Stock Rose Due to UBS Coverage Initiation
Lately, Square (SQ) stock is becoming analysts’ favorite. On Tuesday, UBS analyst Eric Wasserstrom initiated coverage on the stock with a “buy” rating.
Shopify Stock: Why Hedge Funds Are Upbeat
Shopify (SHOP) stock gained in premarket trading on October 11. The stock was up over 3% in the trading session as of 11:58 AM ET.
Square Stock: Why Hedge Funds Are Adding Stakes
Lately, many hedge fund managers, institutional investors, and analysts are going gaga over Square stock due to its strong fundamentals and Cash App focus.
Dow Jones Ends Second Consecutive Week in Red
The DJIA (Dow Jones Industrial Average) fell over 0.9% in the week ending on October 4, 2019. It closed trading at $26,573.72.
Snap Stock Is in Free Fall: What’s Ahead?
Following a five-day slide, Snap fell over 4% on Thursday at 11:24 AM EDT. However, Snap stock has gained 186.75% year-to-date.
Cisco, SHOP, and AYX Lead Tech Sell-Off, Investors Sweat
Investors are cautious about an upcoming slowdown. As expected, tech stocks like Cisco, Shopify, Alteryx, and others have led the sell-off.
Roku Stock: Time to Buy after 35% Decline in September
Roku (ROKU) shares fell significantly in September. The stock lost more than 35% in market value last month. Currently, the stock is trading at $101.76.
Shopify: Time to Get Rid of the ‘High-Flying’ Stock?
Shopify (SHOP) stock, which has provided stellar returns this year, suddenly lost momentum at the beginning of September.
Apple Might Escape Tech Stock Mayhem in Q4
Several tech stocks declined significantly on September 27, 2019. These declines spooked the market and investors in the second half of Friday.
Netflix: Soros Exited Even before Barclays’ Warning
According to Barclays, Netflix’s current business model and expected total addressable market until 2026 don’t justify its current valuation.
Analysts Bet on Square Stock: What’s Next?
Square (SQ) stock is up over 3% in today’s trading session. SQ jumped after Wells Fargo upgraded its rating to “outperform” from “market perform.”
Alteryx Continues to Fall as Investors Worry over Valuation
Data analytics company Alteryx (AYX) is down over 5% today. Several tech stocks have corrected significantly this month. Let’s take a closer look.
Shopify, Roku, and Twilio Stocks Lose Significant Value
Technology stocks such as Shopify were on fire in this year’s first half. However, market weakness and valuation concerns hurt tech stocks this month.
Can Broadcom’s Stock Offering Reduce Its Debt Burden?
Yesterday, Broadcom (AVGO) stock fell 2.70% in after-hours trading after the chipmaker announced a convertible stock offering.
BlackBerry, Roku, GoPro, Shopify Down More than 5%
It’s been a bad day for small- and mid-cap tech stocks. BlackBerry, Roku, GoPro, and Shopify have lost significant market value today. Here’s why.
Shopify Stock Fell for Six Straight Days: What’s Next?
Shopify stock has fallen nearly 11% in the last six days. SHOP is trending down in today’s premarket trading and is down 0.73% at 8:56 AM EDT.
Square Stock: Jim Cramer Says It’s Worth Buying
Jim Cramer thinks that Square stock is worth owning. The stock has upside potential. According to Cramer, investors should buy the stock when it falls.
Why Are Analysts Losing Confidence in Square Stock?
Square (SQ) stock has remained highly volatile this year. The company’s troubles started in October 2018 when CFO Sarah Friar decided to leave the company.
Shopify: Was Jim Cramer Right in Selling the Stock?
Jim Cramer disclosed his position on Shopify (SHOP) stock. He sold the stock at $388 on August 23. Cramer bought the stock for $260 per share in May.
Why Is Roku Stock Tanking Today?
Roku (ROKU) stock has fallen 10.7% today to $143.75, 18.6% below its 52-week low. The streaming platform’s stock has fallen 16% over the last two days.
Amazon and Shopify: The Competition Intensifies
eMarketer expects Amazon (AMZN) to account for almost half of the total US retail e-commerce market in 2019. Where does Shopify come in?
Overvalued Tech Stocks Lose Market Value Again Today
Overvalued tech stocks such as Alteryx and Twilio lost market value yesterday. They’re also sliding today as investors are wary about valuations and growth.
Amazon Is Targeting a $9 Trillion B2B Opportunity
Amazon Business could tap 5% of the international e-commerce market by 2021. The global B2B e-commerce market could be worth $9 trillion by 2021.
Google Cloud for Retail Grows as It Wins Over Macy’s
In April, Google (GOOGL) unveiled Cloud for Retail, a package of cloud computing solutions specifically designed for retailers.
Alibaba’s Earnings Concerns amid the Trade War Standoff
Alibaba’s earnings report for the June quarter, which it’s set to release on August 15, could help shed more light on the impact of the trade war.
Amazon Fines Third-Party Sellers, Enacts Packaging Rules
Amazon’s sustainable packaging plan for third-party sellers becomes effective September 1. AMZN has trimmed 244,000 tons of packaging material in 10 years.
Amazon On Track to See Its Longest Losing Streak in 13 Years
Amazon shares fell 2.5% in premarket trading. Today’s decline puts Amazon stock on track toward its longest losing streak in 13 years.
Why Is Square Stock Declining Steeply after Q2 Earnings?
After its August 1 Q2 results, Square (SQ) stock fell more than 9% in pre-market trading on August 2. It traded down by more than 15% as of 10:11 AM EDT.
Why Square Is Selling Its Caviar App to DoorDash
Square has agreed to sell its Caviar food delivery app to DoorDash. Square has valued Caviar at $410 million. The deal is expected to close this year.
What to Expect as Square Gears Up to Report Its Q2 Results
Square (SQ) plans to release its second-quarter earnings results on August 1. What’s in the cards? Back in May, it shared its outlook.
What We Could Expect from Shopify’s Second Quarter
Shopify (SHOP) is set to report its Q2 results tomorrow. Investors will be paying close attention to updates on the company’s recent initiatives.
PayPal Accuses Lenmo of Trademark Infringement
PayPal has sued a little-known loans startup for trademark infringement. The startup in question is Lenmo, a peer-to-peer lending platform.
PayPal Bans Biggs: Could There Be Consequences?
PayPal (PYPL) has banned far-right media figure Joe Biggs from its platforms, meaning he is no longer able to use its payment platform and Venmo app.
PayPal: Revenue Delayed Is Not Revenue Denied
PayPal (PYPL) stock dropped as investors reacted to the company downgrading its 2019 revenue outlook. But PayPal’s fundamentals remain strong.
Etsy Expands to New Vertical with Reverb Acquisition
Etsy (ETSY) stock price edged higher on the confirmation that the company is expanding into a new vertical.
The Shopify-Amazon e-Commerce War Is Heating Up
Last month, Shopify opened up a major battlefront with Amazon, intensifying their e-commerce war. Shopify announced a plan to set up fulfillment centers across the US.
Facebook Expanding Instagram Monetization
Facebook’s (FB) Instagram is bringing ads to its Explore section, where people go to find fresh content that aligns with their interests.
A Closer Look at the Growing Friction between Square and Shopify
The desire to expand and diversify their businesses to drive more growth has increasingly put Square (SQ) and Shopify (SHOP) on a collision course. Last year, Square bought Weebly, a startup that helps small businesses build online presences.
Why Shopify Stock Has Skyrocketed
Canadian e-commerce company Shopify (SHOP) has seen stellar growth in the last couple of years.
Shopify Launches Warehouse Services Unit
Shopify (SHOP) has launched a warehousing services unit through which it will handle product packaging and deliveries for its sellers. The move marks the diversification of its business and also opens up another battlefront with Amazon (AMZN).
Snap Brings Shopify-Powered Stores to Snapchat
Snap (SNAP) has partnered with Shopify (SHOP) to allow certain accounts to set up retail stores in its Snapchat app. The Shopify-powered Snapchat stores feature has initially rolled out to certain Snapchat influencer accounts, but there are plans to roll it out to creators, publishers, and brands later this year.
Here’s What Shopify’s Purchase of Handshake Could Mean for Amazon
Shopify has acquired Handshake, a New York–based startup that provides e-commerce solutions aimed at businesses that deal in the wholesale trade of goods.
Shopify Takes On Square with New Point-of-Sale Devices
Shopify (SHOP) has refreshed its POS (point-of-sale) hardware lineup in an attempt to better serve small business clients.
eBay Joins Peers in Opening Physical Stores
eBay is not the first to go offline to connect with small businesses in an attempt to bridge the gap between online and offline retail.
What’s Snap Getting from the Shopify Deal?
Snap (SNAP) and Shopify (SHOP) recently struck a digital marketing deal, which could be a major boon for Snap’s advertising business.
Can Shopify Survive Microsoft’s and Square’s Attacks?
Shopify (SHOP) powers the digital stores of hundreds of thousands of merchants.
Alibaba Business That Serves Amazon in China Posts Strong Growth
Alibaba’s China-focused wholesale marketplace, 1688.com, recorded strong growth in 2018, a top Alibaba executive revealed this month.
Amazon Deliberately Slows Competition with Sellers
In an apparent attempt to make its marketplace more attractive to third-party sellers, Amazon (AMZN) is ditching the practice of placing its own private-label products in the more prominent promotional spots on its website.
What’s behind Amazon’s Whole Foods Price Cuts?
Amazon (AMZN) cut prices on hundreds of items at Whole Foods stores this month.
Square Fires a Shot at Amazon
Relying on Weebly’s technology, Square (SQ) has revamped some of its products as it steps up its competition with Amazon (AMZN).
Alibaba Enters Japan’s Duty-Free Shopping Market
Alibaba (BABA) has built another platform to tap expenditures of Chinese tourists traveling abroad.
Alibaba Gears Up for Expansion in Southeast Asia e-Commerce Market
According to a joint report by Google and Temasek, the digital economy in Southeast Asia is set for booming growth in the next few years.
Did China Just Plow Alibaba’s Corn Field for Free?
For Alibaba in particular, the Chinese government’s tax cuts could spur spending on its advertising services by businesses seeking to boost sales during these challenging economic times.
Amazon Tests Shopping Feature with Huge Potential
Amazon (AMZN) has been quietly testing a shopping feature with pop-ups pointing shoppers to cheaper alternatives as they browse its marketplace, according to The Wall Street Journal.
Are Bezos Rumors Starting to Affect Amazon?
Amazon’s revenue rose 20% YoY (year-over-year) to $72.4 billion in last year’s fourth quarter.
Two Ways Amazon’s Ending Its Price Parity Rule Could Benefit It
Amazon’s ending its controversial price parity requirement could help it offload some political pressures it’s faced in recent months.
This UK Bet Is Paying Off for PayPal
In 2014, PayPal (PYPL) launched its small business lending service in the United Kingdom, betting that British businesses would turn to it not just to handle their payment transactions but also for loans to grow their operations.
Good Tidings for Shopify in Southeast Asia
A major political party in Thailand, Bhumjaithai, is rooting for establishing marijuana as a cash crop in the country, according to Reuters.
How Following Elliott’s Proposal Could Reshape eBay
If eBay follows Elliott’s recommendations, it could boost its cash position.
How Project Zero Could Help Amazon Control Costs
The recently launched Project Zero to combat brand counterfeiting is another initiative that could help Amazon (AMZN) kill two birds with one stone.
How Amazon Day Program Could Kill Two Birds with One Stone
Besides reducing Amazon’s (AMZN) carbon emissions, the new Amazon Day delivery program could also generate cost benefits for the company in addition to making the whole delivery system more efficient.
Is Seth Klarman Making Money on His New eBay Bet?
During the fourth quarter, Seth Klarman added 21 million shares of eBay (EBAY) worth $589 million to his portfolio.
Here Are Big Brands Helping PayPal Make Money from Venmo?
Venmo processed transactions worth $19 billion in the fourth quarter and $62 billion in 2018.
Can Cannabis Keep Shopify Stock High?
When legal cannabis for recreational use kicked off in Canada last year, many government-sponsored cannabis retailers—as well as other prominent vendors—chose to host their digital shops on Shopify’s platform for online shoppers.
Amazon’s Brand New Headwind: Counterfeiting
Counterfeiting has made it to Amazon’s (AMZN) list of risk factors that are worth bringing to the attention of regulators.
Shopify’s Weak Revenue Guidance Overshadows Its Q4 Results
Shopify (SHOP) stock was down 1.5% as of 1:15 PM ET today despite beating expectations for Q4 2018 as the company issued weak revenue guidance for 2019 and Q1 2019.