$110.41
-1.33 (-1.19%)
As of May 8, 9:31 PM ET ·
SHOP News15 articles
Shopify Shares Dip Despite $100B GMV Milestone; AI Costs Weigh
Shopify shares slid nearly 7% as Q1 operating income of $382M fell short of the $420M consensus, even as revenue jumped 34% and GMV surpassed $100 billion.
Earnings
Algoma Central, GSK, AT&T Lead Market Moves as Bitcoin Pool Mines Second Block
Algoma Central surpassed its 50-day moving average after a dividend hike, while GSK shares surged to a multi-decade peak. AT&T's valuation suggests significant upside, and a novel bitcoin mining pool confirmed its hybrid model.
Markets
Microsoft and Oracle Rebound as AI Spending and Power Deals Fuel Optimism
Microsoft and Oracle shares advanced Thursday, buoyed by robust AI demand signals and Oracle's major power procurement for its data centers. Investors are reassessing the heavy tech investments of recent years.
Technology
Asian Markets Rally on Hopes for Iran Conflict Resolution
Asian equities advanced sharply on Tuesday amid optimism the Iran conflict may be nearing an end, boosting risk sentiment. Meanwhile, Shopify's AI-driven strategy and Sedemac Mechatronics' strong market debut captured investor attention.
Markets
TSX Eyes Oil Volatility as Hormuz Tensions Threaten March Momentum
Geopolitical tensions near the Strait of Hormuz have reignited oil price volatility, lifting energy and materials stocks while weighing on the broader TSX as financials and technology sectors retreated.
Markets
Etsy Gains on Depop Sale and Upbeat Q1 Guidance
Etsy shares advanced following the announcement of its $1.2 billion sale of Depop to eBay and the release of its fourth-quarter financial results, which included revenue of $881.6 million.
Earnings
Shopify Launches $2 Billion Buyback Amid AI Commerce Debate
Shopify Inc. shares closed at $112.70, up 1.8%, ahead of a $2 billion buyback launch. Markets are closed Monday for Presidents Day, with focus on AI-driven shopping agents and capital allocation.
Technology
Shopify Initiates $2 Billion Share Buyback Amid Growth and Margin Focus
Shopify launches a $2 billion share repurchase program starting February 17, with no set expiration date. The move follows a quarter of 31% revenue growth but comes alongside guidance for reduced free cash flow margins.
Technology
Shopify's $2B Buyback Amid AI Commerce Debate
Shopify unveiled a $2 billion share buyback following robust Q4 earnings, but Wall Street remains divided on how AI-driven 'agentic commerce' will affect the company's future.
Earnings
Shopify Launches $2 Billion Buyback After Post-Earnings Rebound
Shopify shares gained 2% Friday, recovering from post-earnings declines, as TD Cowen and Mizuho upgraded the stock citing AI potential and valuation. The company's $2 billion buyback program starts Tuesday.
Technology
Shopify Rebounds on Buyback News, But Margin Concerns Linger
Shopify shares recovered some ground Friday, rising 1.6% after steep declines, as the company announced the start date for its $2 billion share repurchase program. However, investor focus remains on its cash-flow margin outlook following heavy AI and expansion investments.
Earnings
Shopify Surges on Strong Q4 Revenue and $2 Billion Share Repurchase Plan
Shopify's stock climbed over 7% premarket after reporting Q4 revenue of $3.67 billion, beating expectations, and announcing a $2 billion share buyback program.
Earnings
Shopify Shares Gain Ahead of Q4 Earnings as Analysts Adjust Targets
Shopify's stock rose over 3% in premarket trading ahead of its quarterly results, with analysts issuing mixed price target revisions. Investors await updates on demand, margins, and AI commerce initiatives.
Earnings
Shopify Shares Surge in Extended Trading Following Analyst Upgrades Ahead of Earnings
Shopify stock rose 5.6% after hours as analysts from Citizens and MoffettNathanson issued bullish ratings and raised price targets ahead of the company's quarterly report.
Earnings
Shopify Shares Surge 7% Ahead of Q4 Earnings Amid Analyst Target Adjustments
Shopify stock climbed nearly 7% in Monday trading as investors positioned ahead of Wednesday's quarterly results, while analysts offered mixed price target revisions.
Earnings