The Latest Breaking News from Shopify Inc

The stubbornly high inflation is raising the odds of the Fed launching another significant rate hike this week. Additionally, amid the growing recession fears, several companies are planning layoffs. Given such economic uncertainties, we think investors should avoid buying fundamentally weak stocks, Shopify (SHOP), Snap (SNAP), Robinhood Markets (HOOD), and…

With stubbornly high inflation, rising interest rates, and growing fears of a recession, several businesses have been slashing headcount remarkably to reduce costs and stay afloat. In addition to their weak fundamentals and dim growth prospects, the announcements of layoffs have also impacted the performance of Shopify (SHOP), Coinbase (COIN),…

The economic and geopolitical headwinds have hammered several businesses this year, with many laying off their employees to reduce costs and stay afloat. Shares of Shopify (SHOP), DoorDash (DASH), and Peloton Interactive (PTON), which have taken layoff measures because of their unstable fundamentals and dim growth outlooks, could be best…

The Federal Reserve’s hawkish stance is expected to keep the markets volatile and might significantly affect the interest-rate-sensitive tech industry. Amid the uncertain market environment, hedge funds have been selling shares of Shopify (SHOP), Nu Holdings (NU), Snap (SNAP), and Farfetch (FTCH). Given these companies' weak financials and bleak growth…

Concerns over macroeconomic and geopolitical headwinds have led to a massive sell-off in the stock market since the beginning of the year. This has led to once popular stocks, SoFi Technologies (SOFI), Shopify (SHOP), and Roblox Corp. (RBLX), slumping 70% or more from their 52-week highs. Given their weak fundamentals…

The stock market has been witnessing a rally lately, with robust economic data and a decline in inflation in July boosting investors' sentiment. However, as inflation remains elevated and geopolitical issues continue, the market could witness volatility in the months ahead. Therefore, fundamentally weak stocks AMC Entertainment (AMC), Carnival Corporation…

2022 has been an uncertain year in the markets, to say the least. A number of second-quarter big tech earnings were delivered in recent weeks, showing signs of stability in the macro environment and less of a recession.

Multi-decade high inflation and rising interest rate hikes have increased the odds of the economy slipping into a recession. Since the economic data releases and speculations surrounding them are expected to keep the market volatile, it could be wise to avoid high-trading volume stocks AMC Entertainment (AMC), Snap (SNAP), NIO…

E-commerce company Shopify’s (SHOP) recent acquisition is expected to boost its operating capability. However, on the other hand, the company is planning to lay off 10% of its employees, citing the ongoing macroeconomic headwinds. So, is SHOP a good bargain now? Let’s find out….

As many economists are lowering their GDP forecasts for the second quarter, market uncertainties are anticipated to rise. Therefore, we think these high–volume fundamentally weak stocks, Shopify (SHOP) and Snap Inc. (SNAP), with poor growth attributes, are best avoided now. Continue reading.

Shopify’s (SHOP) shares jumped nearly 5.6% after the company announced its strategic partnership with YouTube. However, given that the company is struggling with slowed sales as consumers return to brick-and-mortar stores, would it be worth buying the stock now? Let’s discuss.