Latest Shopify Inc News and Updates
Shopify's Proposed 10-for-1 Stock Split Has One Major Stipulation
PrestaShop Versus Shopify: Comparing E-Commerce Platforms
Is Shopify (SHOP) a Good Stock to Buy? A Look at the Year Ahead
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.
How Shopify Could Benefit from Tictail Acquisition
Shopify (SHOP) recently acquired Swedish e-commerce company Tictail.
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.
Why Shopify Shares Have Surged since Its Initial Public Offering
Shopify will be the first e-commerce platform to allow its merchants to sell their goods on Pinterest using its “Buyable Pins” feature.
What's Behind Shopify Stock's Upward Climb?
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?
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
How PayPal Used Government Shutdown to Market Service
The government shutdown gave PayPal (PYPL) an opportunity to draw more attention to its services.
Inside Shopify’s New Strategy to Grow Its Seller Base
Shopify (SHOP) is setting up a TV and film production division called Shopify Studios, according to BNN Bloomberg.
How Square Could Benefit from Its New Business Debit Card
Square’s (SQ) new debit card for businesses, Square Card, offers sellers a 2.75% discount on purchases from other Square sellers.
Shopify’s Recent Fundraising: Must-Knows
Last month, Shopify (SHOP) raised about $400 million through the sale of 2.6 million new shares.
Why Morgan Stanley Downgraded eBay
Morgan Stanley downgraded eBay (EBAY) stock to “equal-weight” from “overweight” last month, according to a note to investors cited by CNBC.
Inside PayPal’s Marketing Spending
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.
Is Lending Good Business for PayPal?
In the third quarter, PayPal reported Other Value-Added Services revenue of $340 million, representing a fall of 11% YoY (year-over-year).
Inside Alibaba’s eWTP Initiative
Alibaba (BABA) is planning to open an e-commerce trade hub in Belgium as part of its eWTP (Electronic World Trade Platform) initiative.
Can Square Benefit from the Rise in Card Payments in the UK?
Consumers in the United Kingdom are shunning cash in favor of card payments, which should be great news for Square (SQ).
Inside Square’s Latest Attempt to Bolster Customer Loyalty
Square (SQ), PayPal (PYPL), and Amazon (AMZN) are in a tight race to attract merchants to their expanding ranges of financial services.
Canada’s Cannabis Market Presents Huge Opportunity for Shopify
Shopify (SHOP) has emerged as the go-to platform for people seeking to buy legal cannabis online in Canada.
How Alibaba’s Ant Financial Gets the Money It Invests
Alibaba (BABA) affiliate Ant Financial has invested hundreds of millions of dollars into other companies in recent months.
Shopify Opens First Physical Storefront in Los Angeles
Shopify (SHOP) is expanding in Los Angeles, one of its largest markets, with a physical store.
Facebook’s Oculus Go Could Get a Robust Order Pipeline
Shopify (SHOP), a Canadian e-commerce company, recently added support for Apple’s AR Quick Look.
How Shopify Is Bringing Augmented Reality to Its Platform
Augmented reality (or AR) is still in its nascent stages of development.
eBay Sees Weakness in Amazon’s Strategy
eBay (EBAY) sees a weakness in Amazon’s (AMZN) business strategy that it wants to exploit.
18 Earnings Reports We’re Watching Closely Next Week
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 Loses Its Sheen following Dismal 4Q17 Results
Overstock has fallen 0.8% as of March 19, 2018, following its announcement of its 4Q17 results after the market closed on March 15.
Why Etsy Stock Is Rated a ‘Hold’ by a Majority of Analysts
On December 21, 2017, KeyBanc initiated converge on Etsy with a “buy” rating and a target price of $26.00.
Factors that Help Etsy Stand Out in the e-Commerce Space
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%.