$41.86
-0.63 (-1.48%)
WIX News6 articles
Wix Shares Tumble 27% on Q1 Earnings Miss and AI Investment Concerns
Wix stock plunged 27% after Q1 adjusted earnings missed forecasts and the company reported a GAAP net loss of $57.5 million, as AI investments weighed on margins.
Fervo Energy Soars 33% in Nasdaq Debut; AI Infrastructure Stocks Surge
Fervo Energy jumped 33% in its Nasdaq debut, raising $1.89 billion. AI infrastructure stocks surged, but Wix and Dynatrace dropped on spending worries.
StockStory Backs HPE, Progressive; Warns on GoDaddy, Caterpillar, eBay, Molson Coors
StockStory's latest analysis highlights HPE and Progressive as bullish picks due to robust financials, while flagging concerns for GoDaddy, Caterpillar, eBay, and Molson Coors. The assessments come amid a sharp market pullback and significant weekly inflows into U.S. equity funds.
Wix Secures $250M Investment, Posts Mixed Q4 Results, and Unveils 2026 Outlook
Wix has entered into a $250 million private placement agreement and reported fourth-quarter revenue of $524.3 million, a 14% increase. The company also issued a 2026 outlook projecting mid-teens growth.
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.
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.