Shopify Inc

Canadian e-commerce giant Shopify plans to split its stock for the first time since going public in May 2015. The company is based in Ottawa, Ontario.

PrestaShop and Shopify are both e-commerce platforms. Privately-held PrestaShop has a new partnership with ContextLogic. How do the platforms compare?

Shopify stock has fallen 18 percent over the last three months. What's the forecast for SHOP stock, and is it a good buy?

Shopify (NASDAQ:SHOP) stock fell 7.74% on April 1 after the company suspended its guidance due to the deadly coronavirus outbreak.

Shopify (SHOP) recently acquired Swedish e-commerce company Tictail.

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.

Shopify will be the first e-commerce platform to allow its merchants to sell their goods on Pinterest using its “Buyable Pins” feature.

Shopify stock rose about 6 percent yesterday as investors are accumulating stay-at-home stocks.

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?

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.

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).

Besides Shopify, PayPal, Zoom, Apple, and Netflix, Jim Cramer thinks that Etsy, Adobe, Twilio, and Fastly could also pay off big for investors.

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 thinks that Walmart’s earnings will accelerate due to higher productivity, rapid growth in e-commerce, and accelerated technology implementation.

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.

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.

Today, Piper Sandler upgraded Shopify from a “neutral” to an “overweight” rating. The firm also raised its target price from $773 to $843.

Facebook’s (NASDAQ:FB) Libra cryptocurrency project continues to show signs of life. Singapore’s Temasek has joined the Libra Association.

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.

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.

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.

The Amazon Lending program extends loans to Amazon merchants. The program has extended more than $3.0 billion in loans since 2011.

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.

Last week was tough for Facebook (NASDAQ:FB) stock despite recent gains in the Libra project. The stock fell 3.78% on February 27.

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.

The deal with UPS will enhance the value of Square’s e-commerce platform as it battles Amazon and Shopify for market share.

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.

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.

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.

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 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.

Shopify reported disappointing third-quarter earnings results on October 29. Since then, Shopify stock has fallen by 3.5%.

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.

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.

Alphabet (GOOG)(GOOGL) and Shopify (SHOP) stocks have been under pressure since underwhelming earnings results. But let’s take a closer look.

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 (SHOP) stock has gained a lot of attention lately. On October 22, the stock fell around 6.3% to below the $300 level.

Lately, Square (SQ) stock is becoming analysts’ favorite. On Tuesday, UBS analyst Eric Wasserstrom initiated coverage on the stock with a “buy” rating.

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.

Lately, many hedge fund managers, institutional investors, and analysts are going gaga over Square stock due to its strong fundamentals and Cash App focus.

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.

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.

Investors are cautious about an upcoming slowdown. As expected, tech stocks like Cisco, Shopify, Alteryx, and others have led the sell-off.

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 (SHOP) stock, which has provided stellar returns this year, suddenly lost momentum at the beginning of September.

Several tech stocks declined significantly on September 27, 2019. These declines spooked the market and investors in the second half of Friday.

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.”

Data analytics company Alteryx (AYX) is down over 5% today. Several tech stocks have corrected significantly this month. Let’s take a closer look.

Yesterday, Broadcom (AVGO) stock fell 2.70% in after-hours trading after the chipmaker announced a convertible stock offering.

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.

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 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.

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.

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.

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.

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.

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.

In April, Google (GOOGL) unveiled Cloud for Retail, a package of cloud computing solutions specifically designed for retailers.

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.

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.

PayPal (PYPL) stock dropped as investors reacted to the company downgrading its 2019 revenue outlook. But PayPal’s fundamentals remain strong.

Etsy (ETSY) stock price edged higher on the confirmation that the company is expanding into a new vertical.

Facebook’s (FB) Instagram is bringing ads to its Explore section, where people go to find fresh content that aligns with their interests.

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.

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.

Relying on Weebly’s technology, Square (SQ) has revamped some of its products as it steps up its competition with Amazon (AMZN).

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.

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.

Amazon’s revenue rose 20% YoY (year-over-year) to $72.4 billion in last year’s fourth quarter.

Venmo processed transactions worth $19 billion in the fourth quarter and $62 billion in 2018.

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.

Counterfeiting has made it to Amazon’s (AMZN) list of risk factors that are worth bringing to the attention of regulators.

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.

The government shutdown gave PayPal (PYPL) an opportunity to draw more attention to its services.

Shopify (SHOP) is setting up a TV and film production division called Shopify Studios, according to BNN Bloomberg.

Square’s (SQ) new debit card for businesses, Square Card, offers sellers a 2.75% discount on purchases from other Square sellers.

Last month, Shopify (SHOP) raised about $400 million through the sale of 2.6 million new shares.

Morgan Stanley downgraded eBay (EBAY) stock to “equal-weight” from “overweight” last month, according to a note to investors cited by CNBC.

PayPal (PYPL) spent $326 million on marketing activities in the third quarter compared to $313 million in the second quarter and $285 million in the first quarter.

In the third quarter, PayPal reported Other Value-Added Services revenue of $340 million, representing a fall of 11% YoY (year-over-year).

Alibaba (BABA) is planning to open an e-commerce trade hub in Belgium as part of its eWTP (Electronic World Trade Platform) initiative.

Consumers in the United Kingdom are shunning cash in favor of card payments, which should be great news for Square (SQ).

Square (SQ), PayPal (PYPL), and Amazon (AMZN) are in a tight race to attract merchants to their expanding ranges of financial services.

Shopify (SHOP) has emerged as the go-to platform for people seeking to buy legal cannabis online in Canada.

Alibaba (BABA) affiliate Ant Financial has invested hundreds of millions of dollars into other companies in recent months.

Shopify (SHOP) is expanding in Los Angeles, one of its largest markets, with a physical store.

Shopify (SHOP), a Canadian e-commerce company, recently added support for Apple’s AR Quick Look.

Augmented reality (or AR) is still in its nascent stages of development.

eBay (EBAY) sees a weakness in Amazon’s (AMZN) business strategy that it wants to exploit.

Last big week of earnings kicks off with not a lot to show for it in the market The week of April 30 is an exciting one in terms of earnings, and here are 18 companies we will be watching closely: Monday McDonald’s Corporation (NYSE: MCD) – before the market opens – great year last […]

Overstock has fallen 0.8% as of March 19, 2018, following its announcement of its 4Q17 results after the market closed on March 15.

On December 21, 2017, KeyBanc initiated converge on Etsy with a “buy” rating and a target price of $26.00.

Etsy (ETSY) reported strong 3Q17 results and ended fiscal 2017 with its stock price rising 73.6%. This increase beat the S&P 500 Index’s (SPY) gain of 19.4%.