US attorneys general urge Shopify to halt illegal vape sales on its platform
A coalition of 25 state attorneys general on Monday wrote to Shopify , requesting the platform pull its hosting services from websites selling vapes illegally, according to a letter from California's Attorney General's Office.
Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
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.
SHOP's Subscription Growth Accelerates: A Stable Driver of Revenues?
Shopify's subscription revenues jump again as Plus expands and high-margin recurring income cements a steadier long-term growth base.
Stronger Bet Than Shopify Stock: APP Delivers More
Investors often gravitate toward Shopify as the marquee name in e-commerce software, but it's not the only compelling option in the space. Another player—AppLovin (APP)—has been quietly strengthening its fundamentals and expanding its reach, even as Shopify continues to command a premium valuation.
Shopify Rallies 31% in 6 Months: Buy, Sell or Hold the Stock?
SHOP's 31% rise, and stronger merchant activity and cash flow meet stiff competition and valuation concerns, prompting caution.
What Happened to the Pandemic Stocks?
A handful of stocks benefited massively during the pandemic. It was an interesting time to be an investor, to say the least, and those who targeted the stay-at-home stocks were rewarded handsomely with considerable gains.
Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
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: Wait For A Larger Pullback
Shopify reported decent Q3 results as well as an acceleration in gross merchandise volume growth but failed to beat earnings estimates, sending shares lower by 7%. The company's top line grew 32% year-over-year, with Merchant Solutions revenue up 38% Y/Y, reflecting robust core business expansion. While the long-term growth outlook is favorable amid a growing TAM, the e-Commerce platform expects to see a growth deceleration in Q4—which may weigh on Shopify's valuation.
Should Investors Still be Hyped for Shopify Stock?
Shopify (SHOP) posted Q3 results this week that were favorable but underwhelmed the market's growing expectations.
Shopify Q3 Earnings Meet Estimates, Revenues Increase Y/Y
SHOP's Q3 revenues surge 31.5% on strong merchant growth and rising payment adoption, offsetting margin pressure.
Shopify: Payments Acceleration, GMV Expansion, And Global Opportunity
Shopify Inc. remains a Buy despite a post-earnings dip, as accelerating revenue and GMV growth highlight strong execution amid a shakier macroeconomy. E-commerce penetration is still low globally, with SHOP's TAM estimated at $849 billion, leaving significant room for expansion and growth. SHOP's diversified merchant base, expanding payments business, and AI-driven innovation support continued growth and margin improvement.
Shopify says AI traffic is up 7x since January, AI-driven orders are up 11x
E-commerce software provider Shopify is bullish on AI-powered shopping agents, citing AI as an “incredible tool” to enable more entrepreneurs and calling it the “biggest shift in technology since the internet” during its third-quarter earnings call. The company, which partnered with ChatGPT maker OpenAI in September, reported that traffic from AI tools to its online stores is up seven times since January of this year, and purchases attributed to AI-powered search have increased by 11 times.
