Shopify

On Thursday, Cathie Wood-led Ark Invest made a significant move by increasing its stake in Palantir Technologies Inc (NYSE:PLTR) by $10.08M, despite recent turbulence in the stock’s performance. This comes on the heels of a downgrade from Morgan Stanley and a recent sale of stock options by...

On Monday, August 21, 2023, Cathie Wood-led Ark Invest made significant moves in the market, with a notable decision to sell $9.2 million worth of shares of Shopify Inc (NYSE:SHOP). This comes in the wake of Shopify's recent volatility following its Q2 results. The Shopify Trade: Ark sold 170335...

On Thursday, Cathie Wood-led Ark Invest made significant moves in the market, with a notable decision to sell shares of Shopify Inc (NASDAQ:SHOP). This comes in the wake of Shopify’s recent volatility following its Q2 results. The Shopify Trade: Ark Invest’s decision to sell Shopify...

On Tuesday, Cathie Wood-led Ark Invest continued to purchase shares of Archer Aviation Inc (NASDAQ:ACHR), a flying taxi company. This move comes a day after Ark Invest’s significant purchase of Archer shares. The Archer Aviation Trade: Ark Invest acquired a substantial number of shares of...

cbdMD, Inc. (AMEX: YCBD) (NYSE: YCBD) reported its financial and operating results Thursday afternoon for the Q3 fiscal 2023. cbdMD's Interim CEO and CFO Ronan Kennedy stated: "We have had a dynamic and eventful quarter, marked by significant capital markets activity, a strategic...

The stock market experienced a tumultuous day, with the S&P 500 and the Nasdaq indices seeing significant fluctuations. The Nasdaq took a hit, closing lower by over 300 points, while the S&P 500 struggled to maintain its footing.The Nasdaq closed 2.17% lower at 13,973.45 — slipping below...

E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the e-commerce market in general in a recent interview...

Total second-quarter revenue jumped 57% year-over-year for Shopify, signaling that there is no slowdown happening in the e-commerce space. The company said revenue was $1.12 billion and gross profits increased 64% to $627 million, compared to $381.4 million in Q2 2020. In fact, Shopify (NYSE: SHOP...

Last Wednesday, Shopify (NYSE: SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic. Q1 Figures For the quarter that ended on March...

2021 began with a slew of wild stock moves involving SPACs and Meme stocks. Out of-the-money Call buyers in a stock like Gamestop (NYSE: GME) who were able to time those moves on the way up saw outsized returns. But as those parabolic moves came to an end, traders needed to adjust to implied...

The e-commerce boom of 2020 is continuing into 2021 and one of the first major e-tailers to announce Q1 earnings is confirming that. Shopify (NYSE: SHOP) reported total revenue in Q1 of $988.6 million, 110% growth year-over-year, powered by a 137% growth in Merchant Solutions revenue of $668...

Third-party sellers using Amazon.com, Inc.'s (NASDAQ: AMZN) marketplace have become used to the rules the e-commerce giant has implemented. The company changed the rules of e-commerce delivery with its Prime offering several years ago, and now the benchmarks it created for Amazon customers with...

Three days later, that blowout jobs report apparently hasn’t lost its new car smell.  That’s how the market’s acting early Monday after most of us were denied a chance to trade on the actual day of the March jobs report with markets closed Friday for the holiday. It was the...

In light of speculative commentary on online forums such as WallStreetBets, which has fueled individual stock volatility, retail investors have gained increased respect from institutional counterparts. In recognition of those disruptive innovators catering to retail interests, Benzinga spoke with...