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03/11/2026
Shopify said orders originating from AI search grew 3.3 times year-over-year.
Latest
5 m ago
Shopify shares fell sharply after the company's quarterly revenue came in below analyst expectations for the first time in four years. In premarket trading, Shopify shares fell as much as 20%. As of Monday's close, the stock had fallen 3% year to date. Shopify reported on Tuesday that third-quarter revenue rose 32% year over year to $3.74 billion, slightly below the Wall Street average estimate of $3.75 billion. This was the company's first revenue miss since the second quarter of 2022. Revenue from the subscription solutions business came in below expectations, weighing on overall results; revenue from the merchant solutions business, the company's largest segment, was roughly in line with expectations. In addition, gross merchandise value (GMV) also fell short of market expectations. Vital Knowledge said in a report that the earnings miss, combined with the GMV shortfall and a mixed outlook, is expected to be viewed negatively by the market.
6 m ago
B. RILEY: Downgrades Lumentum from Buy to Neutral; lowers price target from $1,142 to $770.
7 m ago
B. RILEY: Cuts Marvell Technology (MRVL.O) price target from $365 to $275.
8 m ago
Goldpac Group (03315.HK) issued a profit warning, expecting annual profit attributable to shareholders to turn from profit to loss.
8 m ago
Apple display suppliers are developing a new process.
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