The Dow Jones industrials ended last week more than 6% higher while the S&P 500 saw almost a 5% gain. That was due in part to a shockingly strong employment report for May and despite mounting unrest nationwide focused on racial inequities, police brutality and the federal response to protests. The Nasdaq lagged the other main indexes, up a little more than 3% for the week.
As usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of this past week's most bullish and bearish posts that are worth another look.
And here's another article:
Shopify not the only tech firm propping up Canada's stock market - BNN Bloomberg
Shopify Inc. may be hogging all the headlines but there are other tech companies keeping the rebound going on Canada's stock market this year.
Shopify's near 90-per-cent surge this year has put it in the No. 1 spot on the S&P/TSX Composite Index but Kinaxis Inc. and Real Matters Inc. are close behind, up 70 per cent and 67 per cent respectively — making them the third and fourth largest gainers. Hydrogen fuel cell company Ballard Power Systems Inc. is second with a 75-per-cent gain.
Shopify (TSX:SHOP) vs. Amazon (NASDAQ:AMZN): Which Is the Better Tech Stock?
In the below chart, you can see how the two companies have performed since Shopify’s IPO back in 2015. While Amazon stock is up 483%, Shopify shares have returned a staggering 2,870% in just over five years. But past returns matter little for investors. Let’s take a look to see which stock is a better buy for 2020 and beyond.
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Shopify sales have risen from US$205 million in 2015 to US$1.58 billion in 2019 and are estimated to touch US$2.2 billion this year. The COVID-19 pandemic has accelerated the trend towards online shopping, and this will drive company top line in the upcoming decade.
The Best Blogging Apps for Shopify Stores | The Web Writer Spotlight (@writerspotlight)
A blog is a writer's most integral web tool. It's where they can post everything that doesn't belong anywhere else.
Your Birds of Prey opinions burning a hole through your skull, your blockchain study guide, all your little snippets. Whatever they are, a blog is the place to put them.
It's the same for a Shopify blog. Although it's attached to your store, that doesn't mean that you can't use it for more general purposes.
While you're here, how about this:
Shopify (NYSE:SHOP) - Wells Fargo Downgrades Shopify, Says Strong Growth Largely Priced In |
Shopify Inc (NYSE: SHOP ) has prospects of a strong multi-year revenue run rate, but this is already reflected in its stock after the recent rally, according to Wells Fargo.
Timothy Willi downgraded Shopify from Overweight to Equal-Weight, while raising the price target from $500 to $700.
Shopify’s stock has appreciated 84% year to date, significantly outpacing the 12% rise in S&P 500 and 17% of the peer group, Willi said in a note.
Comparison between Shopify and Bigcommerce : Augusta Free Press
If you try to start a business, projecting an e-commerce, you will have the dilemma and the difficult decision of which e-marketing company to choose.
Let’s compare this options: Big Commerce vs Shopify Plus to build an online business, one of them is Bigcommerce and the other is Shopify plus which in the opinion of those specialized in commerce represents the most popular and used choice on the internet.
Shopify Launches Shop Pay Installments and other Digital Transactions News briefs from 5/21/20
Happening on Twitter
A potential merger between AstraZeneca and Gilead Sciences would be the biggest health-care deal on record https://t.co/36Qr8xgwao business (from New York and the World) Sun Jun 07 08:18:20 +0000 2020
AstraZeneca approached Gilead about potential merger - Bloomberg News https://t.co/0O6Xl7q8uo https://t.co/30WWdKGdnW Reuters (from Around the world) Sun Jun 07 12:15:06 +0000 2020
AstraZeneca approached Gilead about potential merger - Bloomberg News https://t.co/hBVgKB9DMA https://t.co/vM8CeOWifx Reuters (from Around the world) Sun Jun 07 15:25:12 +0000 2020
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