|Day's range||9.70 - 11.35|
These growth stocks could produce fivefold returns for shareholders by 2033, fueled by the growing prevalence of e-commerce and cloud computing.
Today's Research Daily features new research reports on 16 major stocks, including The Coca-Cola Company (KO), Petroleo Brasileiro S.A. - Petrobras (PBR) and Shopify Inc. (SHOP).
Props to you if you ignored what I said a few months ago and bought some shares of Global-e Online (NASDAQ: GLBE). The cross-border e-commerce software company, and key Shopify collaborator, is up big this year as it rallies from the nasty bear market of 2022.
This e-commerce marketplace has positioned itself to enjoy long-term success. Still, the short term may be rocky.
A company's stock price is not a direct reflection of its value in any absolute sense. Because share prices are influenced by outstanding share counts, a $1,000 stock could easily have a lower market capitalization than a stock valued at $20 per share. Read on for some good reasons to buy Shopify (NYSE: SHOP) and McCormick (NYSE: MKC) today.
In the latest trading session, Shopify (SHOP) closed at $59.28, marking a -0.47% move from the previous day.
Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
E-commerce company Shopify on Monday asked a federal judge in West Texas to force a patent owner suing it for infringement to reveal its financial backers, arguing the disclosures are necessary to prevent potential conflicts of interest. Shopify said there was evidence that Lower48 IP LLC is backed by previously undisclosed litigation funders. "Unless the court requires disclosure of third-party interests, neither the court nor Shopify will know who the beneficiaries of this litigation are," its lawyers wrote.
Shopify (NYSE: SHOP) is once again in investors' good graces. The e-commerce leader's stock price is already up more than 70% so far in 2023, as the market has begun to appreciate its exceptional long-term growth potential.
Shares of e-commerce platform Shopify trend higher amid its plans to sell its logistics segment to Flexport. Yahoo Finance Live takes a quick look at the stock.
Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market
The future looks bright for this fallen e-commerce stock that is expanding its arsenal of artificial intelligence (AI) tools.
E-commerce and healthcare are growth sectors that should remain resilient no matter what the economy brings.
Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.
Here are two solid growth stocks trading up by double-digit (and even triple-digit) percentages in 2023 that you might want to consider for your portfolio right now. Shopify (NYSE: SHOP) shareholders were taken on a wild ride over the last year. The price volatility, which is in line with a few other growth stocks, may not be over, but Shopify is definitely moving its business and growth story in an upward direction.
Shares of Global-E Online (NASDAQ: GLBE) Stock gained 29% in May, according to data from S&P Global Market Intelligence. Global-E is a young growth company with a niche platform. It services business and enterprise clients with cross-border e-commerce solutions, such as localized checkouts and customs calculations.
Uncover the stocks that are paving the way for the future of the internet. Don't get left behind when the Web3 revolution catches fire.
The e-commerce player reported a surprise profit and is gearing up to sell off its logistics division.
The Ark Invest boss is betting on these artificial intelligence, e-commerce, and electric vehicle stocks.
Shopify (SHOP) closed the most recent trading day at $57.94, moving +1.31% from the previous trading session.
Tech company Shopify (NYSE: SHOP) slashed costs drastically over the past several months in an effort to improve its weak bottom line. It laid off staff, and it recently announced that it would be selling its logistics business. It doesn't come as a huge surprise that the company needs to scale back on expenses.
Growth stocks have borne the brunt of much of the volatility afflicting the market over the last year, as investors shied away from these businesses amid fears of a global recession. For investors with the risk tolerance and patience to put cash into these businesses, this fortitude can be rewarded over the long run. Here are two such businesses to consider adding to your buy basket right now.
Finding companies with the power to stand the test of time in your portfolio isn't always easy. Airbnb (NASDAQ: ABNB) has made a name for itself in a highly fragmented and crowded industry, amassing a presence so impressive that it boasts a roughly 26% share of the travel booking service market and roughly 20% of the entire vacation rental market. Of the numerous competitive advantages that Airbnb retains, it's worth pointing out that the platform not only serves both sides of the travel accommodation relationship -- supply and demand -- with its growing cohorts of guests and hosts, but it also does so with an extremely asset-light model.
Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
The leading e-commerce platform provider is still posting strong growth, but its bottom line remains in the red.