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The NYSE is investigating a sharp spike in Shopify's price that led to an estimated $18 million in losses: report

The New York Stock Exchange is investigating why Shopify stock surged $100 to $780 in the last minu…

Hamza Fareed Malik   


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2 mins read

E-commerce stocks sink after first-quarter earnings results from Shopify, Etsy, and eBay underwhelm investors

"While multiple macro cross-currents are filtering through the global economy, consumer health rema…

Matthew Fox   


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Shopify surges 12% after crushing 2nd-quarter revenue expectations

The e-commerce company stock has been on a tear this year, fueled by changing consumer shopping tre…

Carmen Reinicke   


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Cathie Wood's Ark Invest snapped up $35 million of Shopify stock as the e-commerce company suffered one of its worst-ever trading days

The famed money manager's firm is buying the dip in Shopify shares, as its done with other favorite…

Morgan Chittum   


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Stock market today: futures dip ahead of key January inflation report

US stock futures dipped on Tuesday as investors waited to learn whether headline inflation dropped …

Theron Mohamed   


Madeline Stone   


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Shopify rival BigCommerce surges 292% in first day of trading as investor demand in ecommerce remains strong

Shares opened for trading at $67.84, and rose to $79.40 within three minutes before being halted fo…

Matthew Fox   


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Affirm could rise 18% as consumers plan to step up use of buy now, pay later services, Bank of America says

A survey by the bank showed 54% of users plan to use buy now, pay later eight or more times over th…

Carla Mozée   


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Shopify stock has skyrocketed 4,600% since the e-commerce giant went public 5 years ago

$1,000 invested in the e-commerce company at the time of its IPO would be worth more than $46,000 t…

Theron Mohamed   


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Global stocks rally after weak US jobs report cools concerns about a faster shift in Fed policy

The disappointing August jobs report is likely to cause the Fed to keep up its support for the econ…

Harry Robertson   


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Facebook will soar 31% on strong ad trends and e-commerce growth, Deutsche Bank says

Deutsche Bank analyst Lloyd Walmsley and his team reiterated their buy rating and increased their p…

Will Daniel   


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Saloni Sardana   


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Shopify sinks 17% on plan to lay off workers as the CEO admits to 'wrong' call about sustainable pandemic-driven growth of online shopping

"Ultimately, placing this bet was my call to make and I got this wrong," Shopify CEO Tobi Lütke wro…

Carla Mozée   


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Infosys to acquire US-based data analytics company for $125 million — deal expected to close in third quarter

The Indian IT services giant Infosys announced that it will acquire US-based data analytics company…

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4 mins read

Tesla's price cuts highlight Elon Musk's last advantage in the EV business

In Insider Today's Sunday edition, business editor-in-chief Matt Turner breaks down why Tesla's pri…

Matt Turner   


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Shopify lays off 10% of global staff, nearly 1,000 employees, as CEO admits that bet about skyrocketing pandemic growth 'didn't pay off'

Shopify announced deep cuts as its growth has slowed after skyrocketing e-commerce growth during th…

Madeline Stone   


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What's fractional share trading? Here's how it works, and who's offering tiny slices of pricey stocks like Amazon and Shopify.

A wave of brokerage firms and fintechs have started allowing customers to trade small slices of ind…

Business Insider   


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SoftBank piles $3.9 billion into surging market giants including Tesla, Netflix, and Amazon

SoftBank opened a $1.04 billion stake in Amazon, a $475 million position in Alphabet, and a $189 mi…

Ben Winck   


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Matthew Fox   


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EXPLAINED: A stock split helps increase liquidity in a stock by making it more affordable for retail investors, but does not guarantee an uptick

It is a season of stock splits as big and small corporations are actively increasing the supply of …