Canadian e-commerce juggernaut Shopify this morning reported its second-quarter financial performance . Like Microsoft and Apple in the wake of their after-hours earnings reports , its shares are having a muted reaction to the better-than-expected results.
Shopify (SHOP) Option Traders Ready for Earnings Lift
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Option trading represents the activities of investors who desire to protect their positions, or speculators attempting to profit from accurately predicting unexpected moves in an underlying stock or index. That makes option trading a literal bet on market probabilities.
Over the past month, the trend of SHOP stock has the shares falling below the 20-day moving average before rising into the upper regions of the volatility range.
Bloomberg - Are you a robot?
What Boeing and Shopify Just Said About the Stock Market's Future | The Motley
Stock market investors have had a tough time lately, and Wednesday's moves showed how different readings on the broader global economy are making it hard for investors to interpret what's going on.
On a day packed with corporate earnings releases, a couple of stocks stood out.
Shares of Boeing were up more than 5% on Wednesday morning. The aircraft manufacturer reported strong second-quarter financial results that gave investors some comfort about its ability to adapt to dramatically changing conditions in the aerospace industry.
Shopify Q2 profit soars as quarter revenues surpass US$1 billion for first time | Ottawa Business
Shopify's revenue crossed the $1-billion mark for the first time in a single quarter and the volume of goods sold through its offerings reached a record level as businesses started to reopen amid the COVID-19 pandemic.
The Ottawa-based e-commerce company attributed the milestones announced Wednesday to the return of stores, restaurants and favourite locales temporarily closed by the health crisis and the growth of e-commerce.
Shopify revenue surpasses $1B for first time amid e-commerce boom
Shopify Inc.'s quarterly revenue surpassed the $1 billion mark for the first time in the company's history, as customers spend more and continue shopping online as economies reopen.
Shopify Stock: CEO Lutke Builds E-Commerce Highflier, With Stripe, Walmart, Google Alliances
Shopify Chief Executive Tobias Lutke and Amazon founder Jeff Bezos both aimed to build e-commerce powerhouses. The score card: Shopify stock has soared some 760% since late 2018, but Amazon stock now stands near $2 trillion in market capitalization.
Happening on Twitter
Shopify's Q2 results beat estimates as e-commerce shines https://t.co/2uI4njOGFm by @alex TechCrunch (from San Francisco, CA) Wed Jul 28 16:54:19 +0000 2021
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