My favorite growth stock over the past several years has been Shopify (NYSE: SHOP ). More than two years ago, I called Shopify stock the most exciting stock in the market and said it was in the early stages of turning into the next big growth stock, thanks to its favorable direct-to-consumer and e-commerce trends. Ever since, I’ve reiterated time and time again that Shopify stock was a long-term winner that was destined to generate huge returns.
This may worth something:
7 Buyout Targets to Watch For 2020
Amid escalating U.S.-China trade tensions and slowing global economic growth, corporate mergers & acquisitions (M&A) activity took a backseat in 2019 . That is, because corporate leaders across the globe have been unsure as to where the economy is going next, they have not aggressively looked to acquire other companies over the past twelve months.
That could change in a big way in 2020. U.S.-China trade tensions are easing and geopolitical uncertainty is fading from the economic landscape. Global economic activity is rebounding. Corporate leaders are getting more confident. When you put all those ingredients together, and throw in the fact that 2019 was a weak year for M&A, then 2020 could be a really big year.
Tech CEO calls out industry’s overwork culture | HRD New Zealand
A culture of overwork is not necessary for tech firms to achieve business success, said Shopify’s co-founder and CEO Tobias Lutke.
In a recent Twitter thread, Lutke called out the tech industry’s practice of making employees work long hours – even labelling 80-hour work weeks “exploitative”.
Responding to an online debate over whether 40-hour work weeks were “a good idea” at tech companies, the founder of the US$48 billion e-commerce software firm shared he’s “never worked through a night”.
Amazon's Biggest Threat Isn't a Huge Competitor but a Collective | The Motley
That doesn't mean the threat isn't out there, though. It's simply not materializing in the way many might have expected. Rather than one single powerhouse, the threat to Amazon comes in the form of hundreds of smaller e-commerce venues that can each take a tiny, collective stab at online shopping's 800-pound gorilla.
Within the past year, according to brand PR firm Diffusion, 2 out of every 5 Americans made a purchase directly from the brand or manufacturer, bypassing middlemen like Walmart or Amazon in the process.
Other things to check out:
Daimler to Recall 744K Mercedes-Benz Wheels Over Sunroof Risks | Nasdaq
Daimler AG DDAIF recently announced the recall of 744,000 Mercedes-Benz vehicles in the United States over faulty sunroofs. The company will recall 2001-11 Mercedes-Benz vehicles, covering C-Class, CLK-Class, CLS-Class and E-Class model lines.
Per Daimler, the bonding between the glass panel and the sliding room frame in the affected models might not meet the requirements and lead to the detachment of sunroofs.
Dealers are expected to inspect the issue and make replacements, if necessary. Also, the owners who have already paid for the repairs will be eligible to seek reimbursements from the company.
AstraZeneca's Farxiga sNDA Gets Priority Review Status by FDA | Nasdaq
With the FDA granting priority review to the sNDA, a decision is expected in the second quarter of 2020.
Shares of AstraZeneca have rallied 29.1% in the past year compared with the industry 's growth of 12.1%.
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Also, in August, the European Commission approved a label expansion for Farxiga to include positive CV outcomes and renal data from the phase III DECLARE-TIMI 58 study on adults with T2D. A similar filing is under review in the United States. The DECLARE study is also part of the extensive DapaCare clinical program.
Despite Narrow Marketplace Focus, Etsy Stock Has Crafty Potential | InvestorPlace
Among the newer generation of internet marketplace stocks, Etsy (NASDAQ: ETSY ) is one of the more mature names. The company went public almost five years ago and was in business for a decade prior to that.
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Despite its tenure, Etsy has fallen behind marketplace rivals such as Shopify (NYSE: SHOP ) and share price performance reflects as much. Amid expectations of slowing growth, Etsy stock stumbled to a 7% loss in 2019 while the S&P 500 and other broader benchmarks surged. Shopify more than tripled.
R|T: The Retail Times - Shopify arms the rebels | BetaKit
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
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Winnipeg-based Bold Commerce has announced it is expanding its business operations to Austin, Texas.
The Digital For Good Summit provided a clear message to charities regarding digital transformation: start small or start big, but you need to start.
Founded in 2016 by Raena Lim and Chris Halim to counteract the waste created by fast fashion, Style Theory currently has more than 50,000 pieces of clothing and 2,000 designer bags in its inventory.
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