The Latest Breaking News from Shopify

The calendar cull will free up more than 76,500 hours of meetings.

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Shopify is cutting 76,500 hours of meetings, a company spokesperson told Fortune.

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Shares of e-commerce platform operator Shopify (SHOP) have plummeted more than 70% year-to-date due to its bleak fundamentals and extended market weakness. So, instead of SHOP, it could be wise to invest in internet content provider Shutterstock (SSTK), given its better financials, profitability, and growth prospects. Read on….

The Dow Jones Industrial Average rallied Thursday after key economic data, as Meta Platforms crashed on earnings. Apple earnings are next.

Shopify reported a smaller-than-expected loss while revenue topped estimates and reaccelerated after six quarters of slowing growth.

Someone with a lot of money to spend has taken a bullish stance on Shopify (NYSE:SHOP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.