Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such as Shopify adapt.
Shopify president Harley Finkelstein joins 'Squawk on the Street' to discuss the company's quarterly earnings results, Q2 guidance, strength of the consumer, growth outlook, and more.
Shares of Shopify were down by the most in the stock's history in midday trading Wednesday after the e-commerce giant reported a surprising first-quarter loss and warned that last year's sale of its l

Why Shopify Stock Tumbled Today

12:37pm, Wednesday, 08'th May 2024
The company reported 23% revenue growth in the first quarter, and solid results in all key metrics. Adjusted profits were also better than expectations, and its free cash flow margin was 12%.

Shopify (SHOP) Falls After Soft 2Q Guidance

12:20pm, Wednesday, 08'th May 2024
Shopify (SHOP) falls after soft 2Q guidance. Renita Young discusses this as Shopify sees 2Q gross margin declining 0.50% quarter-over-quarter and sees 2Q revenue growth in high-teens versus an estimat

Why Is Shopify Stock Plummeting After Earnings?

11:26am, Wednesday, 08'th May 2024
This is the perfect example of a good company but an expensive stock.

Shopify Stock Sinks on Disappointing Guidance

11:25am, Wednesday, 08'th May 2024
Shares of Shopify (SHOP) plunged in intraday trading Wednesday after the e-commerce firm gave guidance that was lower than forecasts as sales growth slowed and its results were impacted by the sale of
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While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.

Shopify Stock on Track for Worst Day on Record

10:38am, Wednesday, 08'th May 2024
Shopify Inc (NYSE:SHOP) is down 19.5% at $62.06 at last check, and earlier gapped to its lowest level since November after the e-commerce name missed first-quarter revenue estimates.
Although the revenue and EPS for Shopify (SHOP) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street

Shopify slumps as guidance confirms sales slowing

09:35am, Wednesday, 08'th May 2024
Shopify Inc (TSX:SH., NYSE:SHOP) shares plunged almost 19% lower in premarket trading after the e-commerce platform reported first-quarter results came with guidance for potentially slower growth an
Shopify (SHOP) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.01 per share a year ago.

A Quiet Tuesday But Earnings Continue

08:54am, Wednesday, 08'th May 2024
Key Takeaways

Shopify shares plunge 18% on weak guidance

08:53am, Wednesday, 08'th May 2024
The Canadian e-commerce company beat on the top and bottom line, but it gave downbeat guidance for the second quarter.
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