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Shopify Stock Rallies as Analyst Turns Upbeat Over Focus on Large Sellers

MoffettNathanson analyst Michael Morton raised his rating on the e-commerce software stock while more than doubling his target for the price. ....

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Shopify Stock Has Doubled. Time for a Downgrade.

Evercore ISI analyst Mark Mahaney downgraded shares of e-commerce software provider Shopify as a valuation call after a big 2023 rally. ....

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Shopify Unveils AI 'Sidekick' for Online Merchants

In a Twitter post, Shopify CEO Tobi Lütke unveiled a first look at the company's new generative AI tool for managing online stores. ....

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Communications Services Up on Risk Appetite -- Communications Services Roundup

Communications services companies rose as traders sought out risky sectors because of economic optimism. Roku shares surged after the streaming television. ....

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Companies Find Ambitious Logistics Strategies Haven't Delivered

American Eagle, Blue Apron and Shopify are reining in plans to expand fulfillment services as e-commerce growth slows ....

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