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SHOP May 2024 70.000 call
| Previous close | 8.4200 |
| Open | 0.3500 |
| Bid | 0.0500 |
| Ask | 0.0600 |
| Strike | 70.00 |
| Expiry date | 2024-05-10 |
| Day's range | 0.0400 - 0.5000 |
| Contract range | N/A |
| Volume | |
| Open interest | 463 |
- Yahoo Finance Video
The growth stocks under pressure after reporting earnings
A variety of growth stocks are taking a hit in Wednesday's morning session, including Affirm (AFRM), Shopify (SHOP), Uber (UBER), and Upstart (UPST), after reporting earnings. Catalysts Anchors Seana Smith and Madison Mills comment on the market conditions weighing on stocks this earnings season. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Uber earnings, Fedspeak: What to Watch
Here are some of the key events to watch for on Wednesday, May 8th. First quarter earnings season continues, with several companies scheduled to release their financial results, including Uber (UBER), Airbnb (ABNB), and AMC Entertainment (AMC). Additionally, Federal Reserve officials, including Fed Vice Chair Philip Jefferson, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will provide insight into inflation and the path for interest rates. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Associated Press FinanceShopify's shares tumble on weak outlook after a very strong start to 2024
Shares of Shopify plunged Wednesday after the Canadian company that helps retailers with online sales warned of easing revenue growth and thinner margins in the current quarter. Shopify Inc. predicts that revenue will climb by a high-teens percentage rate for the second quarter, well below the 23% jump in the first quarter. For the first quarter, Shopify reported an adjusted profit of 20 cents per share on revenue of $1.86 billion.
