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Shopify s early job cuts fuel rebound in earnings, stock price

Some investors say its stock is poised to outperform peers over the course of 2023 as those job cuts translate into lower costs, narrower losses and better cash flow

Ivana delevskaGary robinsonBaillie giffordAnurag ranaTobi lutkeMark zuckerbergMeta platforms incWorld information technology indexMicrosoft corpChief executive officer tobi lutkeMeta platformsInformation technology indexBloomberg intelligenceCanada pension plan investment boardCaisse de depotShopify news

The Great Post-Covid Online Shopping Bet Was a Costly Delusion

The Great Post-Covid Online Shopping Bet Was a Costly Delusion

University of southern californiaUnited statesUnited kingdomWendy woodMatthew townsendPiper sandlerEd yrumaTobi lutkeNirgunan tiruchelvamGrupo unicomerKaterina coheeWilliam brownMatt dayBoohoo group plcShopify incWayfair inc

World s richest family loses $11 4bn in Walmart rout

Walmart cited the cost of reducing merchandise stockpiles that customers were increasingly reluctant to buy as inflation hits a four-decade high.

New yorkUnited statesSam waltonTobi lutkeRob waltonShopify incWalmart incNational football leagueBloomberg billionaires indexChief executive officer tobi lutke

World s richest family loses $13 billion in Walmart rout

TheWalton family fortune fell $12.9 billion on Tuesday after Walmart Inc. slashed its earnings outlook for the second time this year. Shares of the.

New yorkUnited statesSam waltonTobi lutkeRob waltonShopify incWalmart incNational football leagueBloomberg billionaires indexChief executive officer tobi lutke

World s richest family loses $13 billion after Walmart shares tumble

World s richest family loses $13 billion after Walmart shares tumble
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New yorkUnited statesSam waltonTobi lutkeRob waltonShopify incWalmart incNational football leagueBloomberg billionaires indexChief executive officer tobi lutke

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