Shopify is expected to report solid Q1 results with a forecasted GMV of $101 billion, marking 36% year-over-year growth, surpassing analyst consensus. Total revenue is projected at $3.1 billion, up about 31.5%, driven by a 37% increase in merchant solutions revenue and 16% growth in subscription revenue. Analysts are particularly focused on Shopify's agentic commerce strategy, seeking updates on its development and traction following OpenAI's pullback. The company's performance and guidance will be closely watched as indicators of its growth and innovation in e-commerce technology.
Digital agency 9thCO completed a major digital transformation for DNRS, moving from a fragmented WordPress setup to a unified composable architecture. This upgrade centralizes user management, integrates key business tools like CRM and scheduling, an...
Jefferies upgraded Shopify to Buy from Hold, raising its price target to $160 due to strong early Q2 performance and a revamped partner program. The firm expects Shopify to exceed growth forecasts with a 27% increase in gross merchandise volume (GMV)...
President Trump announced a 20% reimbursement fee on all cargo passing through the Strait of Hormuz to cover U.S. military protection costs, causing oil prices to rise over 4%. SK Hynix and Samsung Electronics shares plunged after SK Hynix's U.S. deb...
