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Shopify ( TSX:SHOP ) rallied nearly 11% yesterday on news that it had raised prices on most of its subscription services. The stock’s biggest move in several months, it was a real vote of confidence from investors. Shopify got beaten down badly last year due to its decelerating reven...
Internet, Everywhere--(Newsfile Corp. - January 25, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, plans to announce financial results for its fourth quarter, which ended December 31, 2022, after markets close on Wednesday, February 15, 2023....
You don’t need a fortune to top up your portfolio amid the bearish dip. With a sum of around $2,500, you have more to get started while the markets continue to be volatile. Undoubtedly, it’s tempting to reach for the falling knives in hyper-growth stocks. They may appear to ...
The layoffs in the tech sector have continued into 2023 as well. Microsoft announced 10,000 job cuts, and Lightspeed plans to lay off about 10% of its workforce. But the trend is not reflected in the tech stocks , especially the ones trading on the TSX, as they are moving up at a ...
Undoubtedly, most investors will never forget what 2022 brought upon the stock market. And while 2023 is looking much better in many respects, it’s also clear that this year may also produce some unpredictable turns for investors in growth stocks and other economically sensitive areas....
The top TSX stocks from the technology sector lost substantial value in 2022 due to macro headwinds and economic uncertainty. While the operating environment has little changed, the significant correction in their price, easier year-over-year comparisons, easing of inflation, and expected mod...
Being the next Amazon ( NASDAQ:AMZN ) is a distinction many investors would like for their stocks. Amazon is renowned for its decades-long streak of outperforming the S&P 500, which included a 40,000% run-up from its lows in the dot-com crash. Ever since Amazon joined the trillion...
Shopify ( TSX:SHOP ) stock has started the new year on a strong note, as it has already risen nearly 14% in January so far to trade at $53.53 per share against the main TSX index’s 5.5% gains. It could just be the start of SHOP stock’s long-term rally that can help you earn sp...
Stocks fell Thursday as investors grew increasingly concerned the U.S. Federal Reserve will keep raising rates despite signs of slowing inflation. The Dow Jones Industrials let go of another 190.29 points to 33,106.67. The S&P 500 lost 27.27 points to 3,901.59 The NASDAQ Composite...
The top TSX stocks , primarily from the technology sector, lost substantial value in the past year. Thanks to the pullback, investors can buy these stocks at prices well below their highs and gain from their recovery. Against this background, investors could consider adding Shopify ( TS...
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2024-07-26 16:40:00 ET Investing in artificial intelligence (AI) is a forward-thinking strategy that has the potential to yield substantial long-term rewards. And it’s not just in the United States. The TSX today offers a range of AI-related stocks that can be promising for investors...
2024-07-26 15:30:00 ET Shares of Shopify ( TSX:SHOP ) got pummelled on an awful Wednesday for the broader tech markets. Undoubtedly, it wasn’t just a bad day for markets; it was a bloodbath, especially for the biggest semiconductor winners of the first half of 2024. Mega-cap ...
2024-07-25 16:20:00 ET Valued at $105 billion by market cap , Shopify ( TSX:SHOP ) is among the largest companies in Canada. It provides enterprises with a portfolio of products and solutions to set up an online presence and gain a foothold in the expanding e-commerce segment. ...