Shopify (SHOP 4.70%) may have minted some millionaires by now. It's been a public company for nearly 10 years, and if you'd invested $10,000 on its first day of trading, you'd have more than $350,000 today.
Shopify has acquired Vantage Discovery, a startup building AI search for retailers. Vantage Discovery was founded by two former Pinterest engineering leaders.
President Donald Trump started his second term two months ago, but his trade policy has already shaken the stock market. His administration has either imposed or plans to impose tariffs on imported goods from several countries, including China, Canada, and Mexico.
Recently, Zacks.com users have been paying close attention to Shopify (SHOP). This makes it worthwhile to examine what the stock has in store.
Shopify (SHOP -7.37%) has done an excellent job recovering from what looks like a misstep in the logistics business.
UK retail shop prices rose in February by the largest month-on-month spike in a year and are expected to climb further after a period of deflation. Shop prices in February climbed 0.4% compared to January levels, though they were 0.7% lower than they were a year ago, according to the British Retail Consortium and NielsenIQ.
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.
Shopify increased its acquihiring amid a hot market for AI talent. The company completed six small acquisitions last year to bolster its technical AI leadership.
Not that it's a ton of money anymore, but for most people, building an investment portfolio up to the million-dollar mark is still a big deal
Putting together a portfolio of well-chosen growth stocks can help you multiply your savings over a lifetime. The key is to look for companies that are demonstrating strong growth in a massive industry.
It's been a busy earnings season, and artificial intelligence (AI) isn't the only thing on the market's mind. Shopify (SHOP -6.41%) reported a blowout quarter, and it reinforced the idea that there is so much opportunity ahead.
Investors can use options to bet on the trading platform's continued success—while positioning to buy the stock on a pullback.