Stocks popped Wednesday after they slipped to start a busy week. Wall Street is now engulfed by earnings reports from bellwethers in finance, technology, and beyond. The next several weeks are poised to showcase strong results compared to last year's rough first quarter, while guidance hopefully points to an economic boom in the U.S.
The Wall Street banks from Goldman Sachs GS to JPMorgan JPM already posted blowout Q1 financials and their outlooks were bullish. As of Wednesday morning, Zacks had results from 75 S&P 500 members that reported their results for their three-month periods ended in either February or March, including Nike NKE, Adobe ADBE, Micron MU, and many others.
Pinterest expands partnership with Shopify | Mobile Marketing Magazine
Pinterest is expanding its partnership with entrepreneurship company Shopify to 27 new countries to boost social commerce globally.
The Shopify Pinterest channel now includes countries such as Australia, Austria, Brazil, France, Germany, Italy, Spain, Switzerland, and the UK.
Through Pinterest's shoppable 'Product Pins' feature, more than 1.7m Shopify merchants around the world have an easy way to bring their products to the platform and be discovered by consumers.
Were Hedge Funds Right About Piling Into Shopify Inc (SHOP)?
At fourth quarter's end, a total of 90 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 11% from one quarter earlier. Below, you can check out the change in hedge fund sentiment towards SHOP over the last 22 quarters. With hedgies' positions undergoing their usual ebb and flow, there exists an "upper tier" of noteworthy hedge fund managers who were increasing their holdings substantially (or already accumulated large positions).
Shopify (SHOP) Receives a Hold from Guggenheim
Guggenheim analyst Kenneth Wong maintained a Hold rating on Shopify ( SHOP ) on March 24. The company’s shares closed last Wednesday at $1142.06.
According to TipRanks.com , Wong is a 4-star analyst with an average return of 24.4% and a 69.4% success rate. Wong covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Guidewire, and Zendesk.
Shopify has an analyst consensus of Moderate Buy, with a price target consensus of $1469.44, representing a 31.7% upside. In a report issued on March 15, Credit Suisse also initiated coverage with a Hold rating on the stock with a $1350.00 price target.
Shopify Rebellion announces Rocket League team | Esportz Network
Initially launched in February, Shopify Rebellion, the esports team for Shopify , has announced a new team in Rocket League.
Competing in Rocket League esports, the roster comprises three professional players, Jalen “rapid” Parker, Landon “BeastMode” Konerman, Michael “Memory” Moss – and one coach, "hawpsu". This addition is Shopify Rebellion's second team, with its first competing in Starcraft II .
Senior Marketing Designer (Remote, Americas) job with Shopify | 162397
Employer Brand Marketing Intern (Social Media) job with Shopify | 162482
Fast-Growing FinTech Infinicept Welcomes Veterans of Shopify, Visa, First Data and United Way as
The advisers include former executives from Shopify, Visa, First Data, United Way, Deloitte, UPS and Sun Microsystems. The group has more than 120 years of combined experience in business, finance, marketing and sales leadership roles across multiple industries. Each individual will provide expert advice and guidance to co-founders Todd Ablowitz and Deana Rich and the broader Infinicept team.
The global pandemic has pushed the pace of change within workplaces into overdrive and has heightened anxieties about how to prepare for the future of work. Released today, Deloitte's Future ready workforce report focuses on how organizations can unleash workers' potential by equipping them with the skills and enduring capabilities needed to flex, stretch, and evolve to meet challenges now and in the future.
Shopify Inc (TSX:SHOP) Could Be the Next Amazon
I wouldn't be the first to tell you that Shopify (TSX:SHOP)(NYSE:SHOP) is rapidly catching up with Amazon (NASDAQ:AMZN). The similarities between the two businesses are striking, and the former is growing much faster than the latter. In 2020, Shopify grew its revenue by 86%, while Amazon "only" grew by 38%. I put "only" in scare quotes, because 38% is a phenomenal revenue-growth rate for a mature company, but it's nothing compared to Shopify's pace.
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