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SHOP May 2024 81.000 call
| Previous close | 0.0100 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 81.00 |
| Expiry date | 2024-05-03 |
| Day's range | 0.0200 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 283 |
Barrons.comAmazon Stock Is on a Roll. Here’s Why It’s on This Firm’s ‘Best Ideas List.’
Amazon reported strong first-quarter results, with revenue and operating income ahead of expectations. The company delivered operating income of $15.3 billion, above consensus of $11.3 billion, while reporting better-than-expected growth in both Amazon Web Services (+17.2% year over year versus Street +15%) and advertising (+24.3% Y/Y versus Street +23.5%). Amazon has now reported operating income above the high end of its guidance range for five consecutive quarters, and the company has a number of drivers for further margin expansion in place, including continued cost efficiencies within its fulfillment network as well as the ongoing mix shift toward higher-margin AWS and advertising revenue.
- Reuters
CANADA STOCKS-TSX rise as US payroll data up hopes of early rate cut
Canada's main stock index ended higher on Friday, led by gains in technology and healthcare during a broad-based rally as slowing U.S. jobs growth in April raised hopes of early interest rate cuts by the U.S. Federal Reserve. The Toronto Stock Exchange's S&P/TSX composite index ended up 128.52 points, or 0.59%, at 21,951.74, paring most of its losses in the past week. U.S. job growth slowed more than expected in April and annual wage gains cooled, with traders now adding to bets that the Fed will deliver its first interest rate cut this year in September compared with expectations of one cut in December before the data.
ZacksSeeking Clues to Shopify (SHOP) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Get a deeper insight into the potential performance of Shopify (SHOP) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
