SHOP News and Press, Shopify Inc. Class A Subordinate From 10/31/23

2023-10-31 17:50:14 ET Summary Shopify stock has rebounded after reaching pandemic lows in 2022, boosted by quarterly beats and the outperformance of Large-cap Tech. Shopify's growth outlook is strong, with a focus on product development, expansion up-market, and investment in are...

2023-10-31 13:08:43 ET Summary Sale of Deliverr gets Shopify out of capital-intensive logistics business. Guidance implies substantial improvement in gross margins and free cash flow. EPS estimates for 2024 through 2026 appear to be low and will likely be raised after Q3 2023 ...

2023-10-29 08:28:00 ET As the calendar turns from October to November, the week promises a flurry of earnings reports from some of the world's most prominent companies. Among the key players stepping into the earnings spotlight will be technology giant Apple ( NASDAQ: AAPL ), semico...

2023-10-28 08:05:00 ET It's been a rocky couple of years for the stock market, but investors should always remember that the volatility often comes with lower valuations for quality stocks, paving the way for strong returns. And there are plenty of great stocks that are poised to bounce bac...

2023-10-25 03:20:00 ET Summary Equity markets took a hit due to the 'higher for longer' interest rate scenario, alongside a hawkish outlook from the Fed which plans reduce only twice in 2024. During the Period, the S&P 500 Index fell 3.4% while the BUZZ NextGen AI US Sentiment...

2023-10-22 08:20:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy held up b...

2023-10-21 03:29:32 ET Summary Cathie Wood and ARK Investment Management have abandoned their "soft landing" theory and are actively preparing for other scenarios. ARK now expects an "economic landing stronger than soft", while facing more than a billion in net fund outflows since...

2023-10-20 09:15:00 ET Despite inflation, hiked interest rates, and a busted housing market, the American consumer has remained surprisingly resilient. The Consumer Price Index, the standard metric for inflation, rose 3.7% in September. This was on par with the August increase, and slightly...

2023-10-19 03:53:32 ET Summary ARK Invest's 13F portfolio value decreased by 14% to $13.07B this quarter. The top three holdings in the portfolio are Tesla, UiPath, and Coinbase Global. ARK Invest increased its stakes in Block, Twilio, Roblox, Ginkgo Bioworks Holdings, and Rob...

2023-10-18 08:45:00 ET Amid economic uncertainty and inflation, many investors may struggle to see consumer stocks as "unstoppable" these days. Additionally, the front-loading of growth during the pandemic led to a hangover in many of these companies that contributed to the 2022 bear market...