SHOPIFY INC - CLASS A (SHOP.CA) Stock News
TSX:SHOP - Toronto Stock Exchange - CA82509L1076 - Common Stock - Currency: CAD
SHOP.CA Latest News, Press Relases and Analysis
Shopify Beats Estimates, Says Revenue to Grow Mid-20% in First Quarter
Shopify Inc.’s revenue for the fourth quarter exceeded expectations, suggesting its e-commerce software solutions stood out with merchants during the busy holiday quarter.
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Kanye West Sells Swastika Shirts on Shopify After Super Bowl Ad
A site advertised during the Super Bowl by the rapper Kanye West, known as Ye, is selling swastika shirts on a site hosted by Shopify Inc.
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Canada Tech Leaders Launch Group to Influence Political Upheaval
A group with the backing of top Canadian tech entrepreneurs has launched an effort to promote policies ahead of a general election this year.
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Holocaust Denial Tests Tech Giant Shopify’s Free Speech Ethos
Shopify Inc., Canada’s biggest tech company, is drawing criticism for hosting an online store full of antisemitic merchandise, in a test of what the e-commerce platform is willing to accept under a new lighter-touch rulebook.
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Here's Why Shopify Stock Soared Today
Smaller-than-expected losses drove large gains for investors.
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Shopify Reports Third Quarter Revenue That Beat Estimates
Shopify Inc. soared after reporting third-quarter sales that beat analysts’ estimates, a sign that the Canadian e-commerce company is gaining momentum as spending continues to shift from stores to websites.
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Automatic Securities Disposition Plan Adopted by Shopify Chief Executive Officer
September 06, 2024 5:00 PM EDT | Source: Shopify Internet, Everywhere–(Newsfile Corp. – September 6, 2024) – Shopify Inc. (NYSE, TSX: SHOP), announced today that Tobias Lütke, Shopify’s Chief Executive Officer, has adopted an automatic securities disposition plan (“ASDP“), in accordance with securities laws and Shopify’s internal policies, with sales of Class A Subordinate Voting […]
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Shopify’s Second-Quarter Results Exceed Estimates; Shares Rise
Shopify Inc. reported second-quarter results that exceeded analysts’ estimates, suggesting that the Canadian e-commerce company is managing to navigate cautious consumer spending.
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Shopify Tumbles as Margins Fall After Sale of Logistics Business
Shopify Inc. shares tumbled after the Canadian e-commerce company said gross margins would decrease in the current quarter as a result of the sale of its logistics business.
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Shopify Slump Seen as Entry Point For Traders Ahead of Earnings
A recent slump in Shopify Inc.’s share price has set up a compelling entry point for investors ahead of Wednesday’s highly-anticipated earnings release, according to three new Wall Street bulls.
1 Stock I Wouldn't Touch With a 10-Foot Pole
This consumer lender's stock is up a lot in the past year, but there's one big reason I wouldn't buy it today.
Shopify’s Surge Saw 85% of Canadian Stock Pickers Trail Targets
For Canadian stock pickers, success in 2023 hinged almost entirely on whether they held Shopify Inc.
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Rate-Cut Delays Are a Headwind for Canadian Stocks, IG Strategist Petursson Warns
Canada’s main equity index is poised to struggle if investors determine that central banks are going to delay rate cuts for a while, IG Wealth Management’s chief investment strategist said.
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Canadian Stocks Fall by Most in Over a Year on Hot US Inflation Data
Canadian equities had their worst day in more than a year after US inflation data came in stronger than expected and as a steep decline in shares of Shopify Inc. weighed on the benchmark index.
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Shopify Rally Puts Spear Alpha ETF on Morningstar Top Fund List
Ivana Delevska started buying Shopify Inc. stock when its slide was drawing comparisons to fallen Canadian tech darlings of years past like BlackBerry Ltd. But the company’s rally since then has made her exchange-traded fund one of the biggest winners in the US.
Shopify and Manhattan to Build Unified Commerce Solution
Vertex Partners with Shopify to Streamline Global Tax Compliance
Vertex becomes the first Shopify Tax Platform Partner to integrate directly into Shopify and automate global indirect tax calculation for enterprise companies.
Canada Stocks Rally the Most in Nearly a Year, Led by Advances in Tech Shares
Canada’s benchmark stock index had its biggest intraday boost in nearly a year, rebounding from a late October slump as tech shares rallied.
Shopify Soars After Third Quarter Sales, Profit Beat Estimates
Shopify Inc. reported sales and profit for the third quarter that beat analyst expectations after the Canadian e-commerce giant slashed costs and partnered with Amazon.com Inc. for its fulfillment network.
Manhattan Chelsea Building Signs Shopify as New Office Tenant
Shopify Inc. has signed a lease for offices on the far west side of Manhattan, joining a cluster of tech and finance firms expanding in the area.
Frontier Carbon Removal Fund Makes $7 Million in New Commitments
The Stripe-led group purchased services from 12 startups that remove carbon from the atmosphere using everything from rivers to machines.
Shopify Falls on Investor Growth Concerns Despite Revenue Beat
Shares of Shopify Inc. dropped as investor concerns about long-term growth outweighed the Canadian e-commerce platform’s outlook for the current quarter.
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Intern Hunger Games In Full Swing With VC Shop’s Public Rankings
The summer interns at Insight Partners are learning the firm’s number one value — “hunger to win” — the hard way.
Shopify Second Quarter Sales, Profit Beat Analyst Estimates
Shopify Inc. reported sales and profit for the second quarter that beat analyst expectations as the Canadian e-commerce giant attempts to turn around its business.
Shopify Cuts Jobs Again, Sells Most of Logistics Business to Flexport
Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its logistics business to Flexport Inc. as it faces a challenging climb back from last year’s slump.
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Shopify Analysts Shrug Off Weaker Outlook as Stock Drops 15%
Shopify Inc. is drawing good reviews from Wall Street analysts after its fourth-quarter results. Yet the stock is getting pummeled anyway.
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Shopify Sales Beat Analyst Estimates as Recovery Gains Traction
Shopify Inc. reported fourth-quarter sales that beat analysts’ expectations in a sign the e-commerce platform’s turnaround is gaining traction.
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Shopify’s Early Job Cuts Fuel Rebound in Earnings, Stock Price
Shopify Inc. was the among the first technology giants to slash its workforce during last year’s market rout. Now, some investors say its stock is poised to outperform peers over the course of 2023 as those job cuts translate into lower costs, narrower losses and better cash flow.
Carbon-Removal Startups Win Early Backing From Stripe and Shopify
The tech giants committed to becoming initial customers for efforts to sequester greenhouse gas as part of the nearly $1 billion Frontier Fund
Shopify’s $118 Billion Rout Slows Canada’s Stellar Stock-Market Run
Shopify Inc.’s 70% plunge has almost single-handedly dragged the Canadian stock market into the red this year, taking the shine off what would otherwise be one of the world’s top-performing major equity benchmarks.
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Shopify stock slips as UBS starts coverage at Sell (TSX:SHOP:CA)
Shopify (SHOP) stock slipped in premarket trading as UBS took a bearish view of the Canadian e-commerce company.
Shopify Shares Rise as Revenue Beats Analysts’ Estimates
Shopify Inc. gained as the Canadian e-commerce company reported revenue that beat analysts’ expectations after adding more avenues for merchants to sell and promote their products.
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Shopify Lets Staff Decide Cash-Stock Pay Mix as Shares Dive
Shopify Inc. is changing its compensation practices to let staff decide how much of their pay will be cash versus equity, as volatility continues to buffet shares of technology companies.