Shopify Inc. (SHOP)
Pre-market:
- Zacks
Is Shopify (SHOP) Stock Worth Buying Ahead of Q1 Earnings?
Shopify's (SHOP) first-quarter 2024 performance is expected to reflect benefits from the growing adoption of merchant-friendly solutions despite the challenging macro environment.
- Zacks
Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- Barrons.com
Amazon Stock Is on a Roll. Here’s Why It’s on This Firm’s ‘Best Ideas List.’
Amazon reported strong first-quarter results, with revenue and operating income ahead of expectations. The company delivered operating income of $15.3 billion, above consensus of $11.3 billion, while reporting better-than-expected growth in both Amazon Web Services (+17.2% year over year versus Street +15%) and advertising (+24.3% Y/Y versus Street +23.5%). Amazon has now reported operating income above the high end of its guidance range for five consecutive quarters, and the company has a number of drivers for further margin expansion in place, including continued cost efficiencies within its fulfillment network as well as the ongoing mix shift toward higher-margin AWS and advertising revenue.
