Shopify's (SHOP) first-quarter 2023 results benefit from growth in merchant solutions revenues and an expanding merchant base.
Equifax has launched a fraud protection tool for Shopify designed for small business merchants. The new Kount Essentials application joins the company's Kount Advanced app for Shopify, which is design

Why Are Tech Stocks Doing So Well This Year?

12:55pm, Friday, 05'th May 2023
The size of some of these tech players skews averages.
CNBC's Jim Cramer delivers his daily Mad Dash.

Why Shopify Stock Soared This Week

08:33am, Friday, 05'th May 2023
Shopify is exiting the logistics business. Sales and earnings trends are improving.
Shopify NYSE: SHOP had the opportunity to deliver growth and efficiency in Q1, and it did that and more. The results and outlook have the stock up more than 20% and are on the cusp of a complete rever
The headline numbers for Shopify (SHOP) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimate
Shopify is letting go more than 2,000 workers amid a renewed focus on eCommerce. The company announced Thursday (May 4) that it was reducing the size of its operations by 20% as it sells its logisti
Yahoo Finance Live's Brad Smith breaks down the rise in stock for Shopify following first-quarter earnings.
Shopify reported first-quarter financial results today but the big news was its pivot in logistics. One year after investing billions and weeks after continuing to defend the move, the company is sell

Shopify Shifts Strategy, Shuns Shipping

02:52pm, Thursday, 04'th May 2023
Spinning off its in-house logistics arm, Shopify slimmed down to refocus on its chief areas of expertise. The company's generous focus on research and development is a key component of its long-term g
Shopify laid off 20% of its global workforce today – its second sizeable employee culling after a reduction of 10% announced last July. This latest downsizing also includes the wholesale divestment
Shopify, the e-commerce company viewed as a growing competitor to Amazon, is selling the two biggest pieces of its fulfillment network and abandoning its logistics ambitions.
CNBC's Jim Cramer delivers his daily Mad Dash.

Why Shopify Stock Roared Higher on Thursday

11:18am, Thursday, 04'th May 2023
Shopify reported first-quarter results Thursday morning that far exceeded analysts' expectations. The company plans to cut 20% of its workforce.
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