Monday, May 3, 2021

Buy “Entrepreneur Stocks” Shopify And Square To Profit From The Startup Boom

SPAIN - 2021/04/29: In this photo illustration a Shopify logo seen displayed on a smartphone screen ... [+] with a Shopify logo in the background. (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images)

The truth is, COVID did disrupt thousands of mom-and-pop stores across America. And I feel for everyone who's still struggling.  But it also kickstarted a once-in-a-generation surge in startups . A record 4.4 million new business applications were processed last year. It's by far the biggest jump on record.

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Publisher: Forbes
Date: 2021-05-03
Author: Stephen McBride
Twitter: @forbes
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Will Shopify Stock Rally Further? -- Trefis

Shopify stock (NYSE: SHOP) is up by about 9% over the last week (five trading days) outperforming the S&P 500 which is down by about -0.3% over the same period. The recent surge in the stock comes as the e-commerce software provider delivered a solid set of Q1 2021 earnings, with sales more than doubling year-over-year to $989 million, with its adjusted EPS standing at $2.01, roughly 3x the consensus estimates. So is Shopify stock poised to rise further or could it see a decline?

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Publisher: Trefis
Date: 2021-05-03
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Shopify joins the Open Invention Network Linux patent protection group | ZDNet

Shopify is a leading global e-commerce company. Its software tools are used by 1.7-million real businesses in more than 175 countries to start, grow, market, and manage retail businesses. Shopify, like so many other companies, owes its success to open-source software.

As more and more companies, ranging from Microsoft to China's Inspur to Barclays and the TD Bank Group , join the OIN's 3,500 plus members, Linux, and open-source domination of the business world.

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Publisher: ZDNet
Author: Steven J Vaughan Nichols
Twitter: @ZDNet
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Introduction to Shopify - The Pulse » Chattanooga's Weekly Alternative

The Chattery is partnering with Shopify LA to present a series of FREE virtual workshops in May and June. Sign up for the entire series below!

What is Shopify? How does selling online work? What features are available? How can Shopify help you grow your business? In this workshop, we will cover the history of Shopify, how it works to help businesses sell and scale as well as get an understanding of the costs involved. It is an essential class for anyone considering opening a business.

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Publisher: The Pulse » Chattanooga
Date: 2021-05-03T11:55:01.234236
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Shopify Hails Machine Learning After Extending Funds for Merchants to $2billion | The Fintech

Through machine learning models, eligible merchants can benefit from funding from Shopify Capital within two to five business days. Merchants can choose how they want to invest their funds while maintaining complete ownership of their business.

Since launch, Shopify Capital – which is also available directly through the Shopify platform – has provided $2billion in funding to merchants to thousands of merchants in the US, UK and Canada. Previously, it granted funds ranging from $200 to $1million but has now increased the maximum amount to $2million.

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Publisher: The Fintech Times
Date: 2021-05-02T19:01:12 00:00
Twitter: @thefintechtimes
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Shopify Capital funded $2 billion for merchants - Tamebay

Since its launch, Shopify Capital has provided $2 billion in funding to thousands of entrepreneurs in the U.S., U.K., and Canada.

Previously, the scheme granted funds ranging from $200 to $1 million. Now they are increasing the maximum amount to $2 million to further boost the growth of their fast-scaling merchants. Through state-of-the-art machine learning models, eligible merchants can automatically receive Shopify Capital offers without having to apply. Upon accepting these pre-approved offers, they can receive funding within 2-5 business days.

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Publisher: Tamebay
Date: 2021-05-03T11:43:23 00:00
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Global e-commerce sales are expected to increase roughly 14% in 2021 | Financial Post

Basketball, peanut butter, road lines. Wonderbra, IMAX, pacemakers, Shopify — what do all these things have in common? They're all products of Canadian ingenuity. Yes, from sports inventors to e-commerce giants, Canucks have left their mark on their world.

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

Publisher: financialpost
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Analysts Conflicted on These Consumer Goods Names: Shopify (SHOP), Mohawk (MHK) and Brunswick (BC)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Shopify ( SHOP ), Mohawk ( MHK ) and Brunswick ( BC ).

Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Shopify on April 28 and set a price target of $1550.00 . The company’s shares closed last Friday at $1182.51.

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Publisher: Smarter Analyst
Date: 2021-05-03T07:10:10-04:00
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CPNG Stock Is Worth 85% More at $77.47, Based on 5X Price-to-Sales | InvestorPlace

Coupang (NYSE: CPNG ), South Korea’s Amazon (NASDAQ: AMZN ) and Shopify (NYSE: SHOP ) clone, will likely surprise with its first-quarter earnings on May 10. This could push CPNG stock even higher, despite its mediocre performance since its early March IPO.

Coupang stock has risen 20% from its IPO price of $35.00 . But since March 11, when it closed at $49.25, CPNG stock has slid $7.35, or 15% to $41.90, as of April 30.

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Publisher: InvestorPlace
Date: 2021-05-03T17:06:29 00:00
Twitter: @InvestorPlace
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