Shopify Option Alert: Fri $105 Calls at the Bid: 2206 vs 9226 OI

Shopify Option Alert: Fri $105 Calls at the Bid: 2206 @ $2.36 vs 9226 OI; Ref=$104.7596

Shopify Option Alert: Jun 20 $95 Calls at the Bid: 1500 vs 8364 OI

Shopify Option Alert: Jun 20 $95 Calls at the Bid: 1500 @ $4.6 vs 8364 OI; Ref=$91.1

Shopify Option Alert: Jun 20 $95 Puts at the Bid: 800 vs 8477 OI; Earnings 5/8 Before Open 

Shopify Option Alert: Jun 20 $95 Puts at the Bid: 800 @ $7.74 vs 8477 OI; Earnings 5/8 Before Open Ref=$95.79

Shopify Option Alert: Sep 19 $90 Puts at the Ask: 1500 vs 2089 OI; Earnings 5/8 Before Open 

Shopify Option Alert: Sep 19 $90 Puts at the Ask: 1500 @ $10.1 vs 2089 OI; Earnings 5/8 Before Open Ref=$95.82

Shopify (NASDAQ:SHOP) 주식

Shopify

Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

Binary,Options,Chart

Pre-Market Outlook

Markets

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SHOP

도널드 트럼프 대통령이 4월 초에 부과한 &#39;해방의 날&#39; 관세에 대해 미국 연방법원이 권한을 남용했다고 판결한 후 수요일(28일) 저녁 미국 지수 선물이 상승세를 보이고 있다. 판결 이후 S&amp;P 500 선물은 1.50% 상승한 5,991.25포인트, 나스닥 선물은 1.85% 오른 21,775.75포인트, 다우 선물은 1.10% 급등하며 400포인트 이상 상승한 42,635.00포인트에 거래되고 있다.

다우 선물 400p 이상 상승, 트럼프 관세 제동 후 시간외 거래에서 아마존·월마트 급등세···일본 증시도 상승 개장

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아마존(NASDAQ:AMZN), 마이크로소프트(NASDAQ:MSFT), 알파벳(NASDAQ:GOOG)(NASDAQ:GOOGL) 그리고 쇼피파이(NASDAQ:SHOP) 같은 기업들에서 엔지니어들은 AI 도구의 도입이 코딩 방식을 변화시켰다고 보고하고 있다. 하지만 이것이 항상 긍정적인 결과를 가져오는 것은 아닐 수 있다.

아마존, MS, 구글 및 쇼피파이는 AI 통합 경쟁 중···엔지니어들 &#34;생각할 시간 적어지고, 압박은 더 커져&#34;

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펀드 매니저인 캐시 우드는 주요 주식 벤치마크의 기존 강자들을 대체할 혁신적이고 파괴적인 주식 몇 가지를 소개했다.무슨 일 있었나: 수요일(14일) 아크 인베스트 CEO인 캐시 우드는 소셜미디어 엑스(X)를 통해 아크 인베스트의 가장 눈에 띄는 몇 가지 투자 종목에 대한 확신을 재확인하면서, 기술 주도 혁신이 기존 산업을 파괴하고 &#34;주식 벤치마크에서 구세계를 대체하는 최전선&#34;에 있다고 설명했다.

캐시 우드가 꼽은 혁신의 최전선 주식은 팔란티어, 테슬라, 코인베이스 그리고 쇼피파이

Shopify Inc. - Class A Subordinate Voting Shares

Shopify Inc

SHOPX

Sunstone Hotel Investors, Inc. 6.125% Series H Cumulative Redeemable Preferred Stock

Sunstone Hotel Investors Inc

Sunstone Hotel Investors, Inc. 5.70% Series I Cumulative Redeemable Preferred Stock

Shopping

SHOPRITE HLDGS LTD S/ADR by Shoprite Holdings Ltd.

Shoprite Holdings Ltd

SHOPRITE HLDGS LTD ORD by Shoprite Holdings Ltd.

Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) has outperformed the market over the past 10 years by 36.94% on an annualized basis producing an average annual return of 47.96%. Currently, Shopify has a market capitalization of $138.82 billion. 
Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 10 years ago, it would be worth $50,250.00 today based on a price of $107.00 for SHOP at the time of writing.
<h3>Shopify's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748896210_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much You Would Have Made Owning Shopify Stock In The Last 10 Years

U.S. stock futures are rallying Wednesday evening after a Federal Court ruled that President Donald Trump overstepped his authority with the &#8220;Liberation Day&#8221; tariffs imposed at the beginning of April. 
Following the ruling, the S&amp;P 500 Futures are up 1.50%, at 5,991.25, Nasdaq Futures trading at 21,775.75, up 1.85%, followed by Dow Futures rose over 400 points to 42,635.00, soaring 1.10% on the news.
A three-judge panel on the Manhattan-based U.S. Court of International Trade <a href="https://www.benzinga.com/25/05/45660322/trump-tariffs-struck-down-by-federal-court-major-blow-to-white-houses-trade-strategy-report">ruled unanimously</a> on Wednesday that the Constitution gives Congress exclusive authority to regulate trade and commerce with other countries, which the&nbsp;International Emergency Economic Powers Act does not override.
See Also: <a href="https://www.benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong">Nvidia Q1 Highlights: China Export Ban Hits Results But Jensen Huang Says Demand &#8216;Incredibly Strong&#8217; (CORRECTED)</a>
The White House has since filed an appeal against this ruling, which could jeopardize its strategies and ongoing negotiations with several trade partners.
The ruling has sparked a surge in retail stocks in after-hours trading, with Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) up 1.54%, Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) rallying 3.51%, followed by Shopify Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) and Target Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) up 3.55% and 3.19%, respectively.
Japan&#8217;s benchmark Nikkei 225 index opened higher, currently trading up 1.49%, or 563.12 points, at 38,285.52 on the news, despite growing concerns of <a href="https://www.benzinga.com/news/global/25/05/45613069/japans-40-year-bond-yield-nosedives-as-finance-ministry-considers-cutting-super-long-debt-issuance-report">rising 40-Year bond yields</a>. The rally is being led by major exporters, electronics and automotive stocks.
The U.S. Dollar Index (DXY) is up 0.51% on Wednesday, regaining the key 100 level, trading at 100.389.
Following Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) beat on its first quarter earnings on Wednesday, investors will be closely watching the results of Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and Zscaler Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) on Thursday.
Photo Courtesy: Billion Photos on Shutterstock.com
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Dow Futures Jump Over 400 Points, Amazon And Walmart Shares Spike In After-Hours Trading After Court Blocks Trump Tariffs: Nikkei Opens Higher

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Shares of companies within the broader tech sector are trading higher, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July. Additionally, the sector may be up in anticipation of NVIDIA's upcoming Q1 report.

At companies like Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Shopify Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>), engineers report that the introduction of <a href="https://www.benzinga.com/markets/equities/25/02/43761822/jamie-dimon-says-ai-will-change-your-jobs-but-it-may-eliminate-some-careers-as-well-reskill-and-redeploy-people">AI tools has transformed</a> how coding is done. However, it might not always be for the better.
What Happened: Amazon software developers <a href="https://www.nytimes.com/2025/05/25/business/amazon-ai-coders.html">told</a> the New York Times they've been pushed to use AI tools to meet higher output goals, despite smaller team sizes and tighter deadlines
In response, Amazon stated that it routinely evaluates team staffing levels and may scale up as needed. "We'll continue to adapt how we incorporate Gen AI into our processes," Brad Glasser, an Amazon spokesman, told the publication.
Amazon CEO Andy Jassy has been vocal about the productivity gains AI offers, writing in a shareholder letter last month that generative AI is delivering"meaningful returns through productivity and cost avoidance. He underscored that coding is one area where AI is changing the norms.
See Also: <a href="https://www.benzinga.com/25/05/45599882/prime-video-axes-rosamund-pike-starrer-the-wheel-of-time-cost-not-quality-kills-fantasy-epic-with-97-rotten-tomatoes-score-for-the-latest-season">Prime Video Axes Rosamund Pike-Starrer &#8216;The Wheel of Time:&#8217; Cost, Not Quality, Kills Fantasy Epic With 97% Rotten Tomatoes Score For The Latest Season</a>
Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) CEO Tobi Lütke echoed that sentiment in an April memo, telling employees that "AI usage is now a baseline expectation" and would even be factored into performance reviews, the report noted.
At Alphabet's Google, a companywide hackathon will soon be held to encourage employees to develop AI tools to boost daily productivity, with winners receiving $10,000, the report added, citing an internal document.
Over 30% of Google's code is now suggested by AI and accepted by developers, the report said, citing a company spokesperson.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Microsoft's AI coding assistant, Copilot, has been found to increase output by more than 25%, a study co-authored by Microsoft researchers reported in 2024.
Why It's Important: While AI is streamlining tedious programming tasks and accelerating development, workers say the pace and pressure are beginning to mirror factory or warehouse environments.
"There is a sense that the employer can pile on more stuff," Harvard labor economist Lawrence Katz told the outlet. He warned that the trend may especially hurt junior developers, who now spend less time thinking deeply about problems and more time accepting AI-generated code.
According to a 2024 PwC survey, 84% of CEOs who have implemented AI report a boost in employee productivity. Additionally, 70% believe <a href="https://benzinga.com/news/25/03/44066026/satya-nadella-says-ai-agents-will-replace-knowledge-work-but-theres-one-role-humans-will-always-need-to-play">AI will dramatically reshape</a> their business operations within the next three years.
Benzinga Edge Stock Rankings assigns Amazon an impressive growth score of 97.09%, highlighting its strong market momentum. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to compare it with other leading stocks</a> like Microsoft, Shopify and Alphabet.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26005318/Screenshot-2025-05-24-at-12.08.40%E2%80%AFPM-1.png" alt="" class="wp-image-927229" /></a></figure>
Photo Courtesy: ProStockStudio on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Amazon, Microsoft, Google and Shopify Are Racing To Integrate AI, Now Engineers Say They're Working Faster With Less Thinking Time — And More Pressure Than Ever

Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) has outperformed the market over the past 10 years by 37.53% on an annualized basis producing an average annual return of 48.46%. Currently, Shopify has a market capitalization of $141.54 billion. 
Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 10 years ago, it would be worth $52,026.70 today based on a price of $109.10 for SHOP at the time of writing.
<h3>Shopify's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747685713_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Shopify 10 Years Ago Would Be Worth Today

Fund manager Cathie Wood highlighted a handful of innovative and disruptive stocks that she says are set to displace the old guard in leading equity benchmarks. 
What Happened: On Wednesday, the CEO of Ark Invest took to X to reaffirm her conviction in several of the firm's most prominent holdings, describing them as being at the &#8220;tip of the spear&#8221; as technology-driven innovation disrupts legacy industries and &#8220;displaces the old world in equity benchmarks.&#8221;
The companies she spotlighted include Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>), which represent core positions worth <a href="https://cathiesark.com/ark-funds-combined/complete-holdings">over</a> $2.78 billion across Ark&#8217;s family of funds.
See Also: <a href="https://www.benzinga.com/markets/equities/25/05/45427865/teslas-350-billion-rally-isnt-just-a-rebound-gene-munster-says-its-riding-on-margins-robotaxis-elon-musk-and-ai">Tesla&#8217;s $350 Billion Rally Isn&#8217;t Just A Rebound — Gene Munster Says It&#8217;s Riding On Margins, Robotaxis, AI And Elon Musk</a>
This comes following Coinbase Global Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) inclusion into the S&amp;P 500 which was announced early this week, making it the first crypto company to do so. The company is replacing Discover Financial Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) in the index, which is being acquired.
Wood suggests that traditional index funds are increasingly misaligned with innovation, and says that &#8220;benchmarks are likely to chase innovation at an accelerated rate in the years ahead.&#8221;
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In our view, <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a>, <a href="https://twitter.com/search?q=%24PLTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLTR</a>, <a href="https://twitter.com/search?q=%24COIN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$COIN</a>, and <a href="https://twitter.com/search?q=%24SHOP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHOP</a> are at the tip of the spear as technologically-enabled innovation disrupts and displaces the old world in equity benchmarks. Benchmarks are likely to chase innovation at an accelerated rate in the years ahead. <a href="https://t.co/y9BO3EVUnn">https://t.co/y9BO3EVUnn</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1922718486805061863?ref_src=twsrc%5Etfw">May 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Wood said on Tuesday that Coinbase&#8217;s inclusion into the S&amp;P 500 would compel other <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45368175/cathie-wood-says-index-sensitive-managers-will-be-compelled-to-consider-coinbase-as-crypto-exchange-platform-joins-sp-500-index">index-sensitive fund managers</a> to consider the stock. 
Renowned for her bold, high-conviction bets, Wood <a href="https://benzinga.com/personal-finance/25/04/44653173/cathie-wood-just-made-a-bold-move-why-she-spent-over-65m-on-tesla-robinhood-and-coinbase-as-the-market-crashed">doubled down on stocks</a> such as Tesla, Coinbase, and Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) amid the turmoil surrounding equity markets during the first week of April, acquiring $65 million worth of stock. 
Speaking at an interview recently, Wood <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45335755/cathie-wood-stands-firm-on-bold-700000-bitcoin-prediction-for-investors-says-bull-case-in-the-1-5-million-range">reiterated her bullish stance</a> on Bitcoin (BTC/USD), stating a base-case scenario of $700,000 to $750,000 for the cryptocurrency by 2030, and a bullish case at $1.5 million.&nbsp;
&#8220;We&nbsp;have always had a 2030&nbsp;target, the base case in&nbsp;the $700,000 to $750,000 range,&nbsp;the bull case in the&nbsp;$1.5 million range,&#8221; she said, citing the digital currency&#8217;s potential to seize gold&#8217;s share as a store of value. 
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stocks / ETFs</td>
<td class="has-text-align-center" data-align="center">Year-To-Date Returns</td>
<td class="has-text-align-center" data-align="center">Ark&#8217;s Cumulative Holdings</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td class="has-text-align-center" data-align="center">-8.33%</td>
<td class="has-text-align-center" data-align="center">10.05%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)</td>
<td class="has-text-align-center" data-align="center">+73.13%</td>
<td class="has-text-align-center" data-align="center">5.49%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td class="has-text-align-center" data-align="center">+2.41%</td>
<td class="has-text-align-center" data-align="center">7.54%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>)</td>
<td class="has-text-align-center" data-align="center">+3.65%</td>
<td class="has-text-align-center" data-align="center">4.67%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</td>
<td class="has-text-align-center" data-align="center">+55.65%</td>
<td class="has-text-align-center" data-align="center">4.96%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Ark Innovation ETF (BATS:&nbsp;ARKK)</td>
<td class="has-text-align-center" data-align="center">-0.09%</td>
<td class="has-text-align-center" data-align="center">&#8211;</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Ark Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>)</td>
<td class="has-text-align-center" data-align="center">+9.44%</td>
<td class="has-text-align-center" data-align="center">&#8211;</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Ark Invest</figcaption></figure>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/15013509/Screenshot-2025-05-15-at-11.04.58-AM-1024x136.png" alt="" class="wp-image-915963" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/15013509/Screenshot-2025-05-15-at-11.04.58-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/15013509/Screenshot-2025-05-15-at-11.04.58-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/15013509/Screenshot-2025-05-15-at-11.04.58-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/15013509/Screenshot-2025-05-15-at-11.04.58-AM-1536x204.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/15013509/Screenshot-2025-05-15-at-11.04.58-AM.png 1610w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Coinbase scores in 79th percentile on growth, with a favorable price trend in the short, medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Let&#8217;s see</a> how it compares with Tesla, Palantir, and other big Ark Invest holdings. 
Photo Courtesy: Ira Lichi On Shutterstock.com
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Cathie Wood Says Palantir, Tesla, Coinbase And This Amazon Rival Are 'Tip Of The Spear' As Innovation Disrupts Old World In Equity Benchmarks

Global-E Online Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBE#NASDAQ">GLBE</a>) shares are trading lower after the company <a href="https://www.benzinga.com/pressreleases/25/05/g45402182/global-e-reports-first-quarter-2025-results" target="_blank" rel="noreferrer noopener">reported its first-quarter FY25 results</a>.
Sales grew 30% year over year (Y/Y) to $189.9 million, beating the analyst consensus estimate of $187.87 million. Gross Merchandise Value (GMV) rose 34% Y/Y to $1.24 billion in the quarter.
The company reported&nbsp;$84.0&nbsp;million&nbsp;in service fees and&nbsp;$105.9&nbsp;million&nbsp;in fulfillment services revenue&nbsp;in the quarter.
Non-GAAP gross profit increased&nbsp;to&nbsp;$86.3&nbsp;million&nbsp;(+31%&nbsp;Y/Y), and non-GAAP gross margin expanded 10 basis points Y/Y to&nbsp;45.4%.
Adjusted EBITDA rose to&nbsp;$31.6&nbsp;million&nbsp;from&nbsp;$21.3&nbsp;million&nbsp;a year ago. The company's operating loss narrowed to&nbsp;$19.2 million&nbsp;from&nbsp;$29.3 million.
Loss per share was&nbsp;$0.11,&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the consensus loss of&nbsp;$0.13.</a>
Outlook: For the&nbsp;second quarter, Global-e Online projects GMV of&nbsp;$1.387 billion&nbsp;&#8211; $1.427 billion and revenue of&nbsp;$204 million&nbsp;to <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$211 million&nbsp;vs.&nbsp;$209.63 million&nbsp;estimate</a>.
The company reiterated its FY25 guidance&nbsp;for GMV at $6.190 billion &#8211; $6.490 billion and revenue at $917 million &#8211; $967 million vs. the consensus&nbsp;of&nbsp;$931.39 million.
&#8220;We had another quarter of strong results, demonstrating our ability to grow fast even within macroeconomic turbulent times with Q1 results coming in at or above the midpoints across our guidance,&#8221; founder and CEO Amir Schlachet said.  
&#8221;While the market remains volatile with a higher level of uncertainty given the ongoing global duty tariff dynamics, our pipeline is very active and we see increased interest in our services.&#8221;
In a separate release, the company disclosed a new 3-year strategic partnership agreement with Shopify Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) which extends the companies&#8217; existing long-term strategic partnership for both their first-party (1P, i.e., Shopify Managed Markets) <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45401960/global-e-and-shopify-sign-new-multi-year-strategic-partnership-agreement-extending-relationship" rel="noreferrer noopener">and third-party (3P) solutions</a>.
Investors can gain exposure to the stock via Amplify ETF Trust Amplify BlueStar Israel Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITEQ#NYSE">ITEQ</a>) and First Trust Exchange-Traded Fund VIII FT Raymond James Multicap Growth Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJMG#NYSE">RJMG</a>).
Price Action: At the last check on Wednesday, GLBE shares were trading lower by 14.60% at $36.20 premarket.
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/25/04/44672420/pros-global-e-sps-commerce-stand-out-as-tariffs-reshape-software-spending-priorities-analyst" target="_blank" rel="noreferrer noopener">PROS, Global-E, SPS Commerce Stand Out As Tariffs Reshape Software Spending Priorities: Analyst</a></li>
</ul>
Photo: Shutterstock

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GLBE

ITEQ

RJMG

Global-e Q1: Sales Up 30%, GMV Soars 34%, Extends Strategic Partnership With Shopify

Shopify shares are trading higher after it was announced the stock will join the Nasdaq-100 beginning May 19.

Wall Street opened Tuesday with cautious gains after inflation data for April came in cooler than expected, calming investor concerns over <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45374267/inflation-eases-in-april-as-trumps-tariffs-dont-push-prices-higher">tariff-driven price spikes. </a>
April's inflation report showed consumer prices rising 2.3% year over year, slightly below the 2.4% forecast and down from the previous month's reading of 2.4%. On a monthly basis, prices increased 0.2%, rebounding from March's 0.1% decline but missing expectations of a 0.3% gain.
Core inflation, which excludes food and energy, held steady at 2.8% annually—matching both March&#8217;s figure and economists' forecasts. Month over month, core prices rose 0.2%, a modest acceleration from March's 0.1% increase but still softer than the expected 0.3%.
Shelter remained a major contributor to inflation, rising 0.3% in April and accounting for over half of the monthly increase in the overall Consumer Price Index. Meanwhile, several categories posted price declines, including airline fares, used cars and trucks, communication services and apparel.
Despite inflation coming in below forecasts, expectations for interest rate cuts held steady. Traders still see just an 8% chance of a cut in June, rising to 38% for July. Markets continue to price in a total of 60 basis points in rate reductions by year-end, well below the almost 75 basis points priced a week ago.
The Nasdaq 100 led major benchmarks, rising 0.37% and on track to open at its highest level in 10 weeks.
<h3 class="wp-block-heading">Index Moves: Nasdaq Shakes Off Bear Market</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Index</th>
<th>Level</th>
<th>Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>S&amp;P 500</td>
<td>5852.58</td>
<td>+0.14%</td>
</tr>
<tr>
<td>Dow Jones Industrial Average</td>
<td>42268</td>
<td>-0.33%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20945</td>
<td>+0.37%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 9:15 a.m. ET</figcaption></figure>
Since its April low, the tech-heavy benchmark – as tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) – has rallied 27%, sharply rebounding from last month's bear market triggered by the implementation of Trump's new tariffs on April 2.
Semiconductors remained the strongest segment within tech. The iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) added another 0.7% in premarket after an explosive 7.2% surge Monday, buoyed by investor optimism following the U.S.-China trade truce.
<h3 class="wp-block-heading">Top Post-CPI Movers: Financials Lead</h3>
Shares of credit and fintech firms jumped in the 30 minutes following the inflation report:
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>Change (%)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>)</td>
<td>+2.42%</td>
</tr>
<tr>
<td>American Express Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)</td>
<td>+2.33%</td>
</tr>
<tr>
<td>NetEase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>)</td>
<td>+1.97%</td>
</tr>
<tr>
<td>KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>)</td>
<td>+1.85%</td>
</tr>
<tr>
<td>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>)</td>
<td>+1.44%</td>
</tr>
<tr>
<td>Royal Caribbean Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>)</td>
<td>+1.31%</td>
</tr>
<tr>
<td>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td>+1.12%</td>
</tr>
<tr>
<td>Lowe's Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>)</td>
<td>+1.09%</td>
</tr>
<tr>
<td>ServiceNow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>)</td>
<td>+0.96%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">S&amp;P 500 Premarket Gainers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>Change (%)</th>
</tr>
</thead>
<tbody>
<tr>
<td>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>)</td>
<td>+9.73%</td>
</tr>
<tr>
<td>Live Nation Entertainment Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>)</td>
<td>+3.53%</td>
</tr>
<tr>
<td>Air Products and Chemicals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APD#NYSE">APD</a>)</td>
<td>+3.42%</td>
</tr>
<tr>
<td>Western Digital Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>)</td>
<td>+2.92%</td>
</tr>
<tr>
<td>Builders FirstSource Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>)</td>
<td>+2.31%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">S&amp;P 500 Premarket Losers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th>Change (%)</th>
</tr>
</thead>
<tbody>
<tr>
<td>UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>)</td>
<td>-9.78%</td>
</tr>
<tr>
<td>Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)</td>
<td>-5.11%</td>
</tr>
<tr>
<td>Texas Pacific Land Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>)</td>
<td>-4.05%</td>
</tr>
<tr>
<td>Elevance Health Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>)</td>
<td>-3.78%</td>
</tr>
<tr>
<td>PPG Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>)</td>
<td>-3.51%</td>
</tr>
</tbody>
</table>
</figure>
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Image created using artificial intelligence via Midjourney.

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iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Wall Street Climbs As Inflation Cools, Nasdaq 100 Hits 10-Week Highs

President Donald Trump has significantly reduced tariffs on Chinese imports as the United States enters a 90-day period of trade negotiations with China, according to a May 12 executive order.
What Happened: The order decreases the de minimis tariff rate on low-value Chinese imports from 120% to 54%, effective May 14. 
Additionally, the planned increase of the per-postal-item duty from $100 to $200, originally scheduled for June 1, has been suspended. The executive order also lowers general Chinese import tariffs to 10% by suspending 24% from the previously imposed rate for the 90-day negotiation period.
Trump justified these reductions by stating that China has taken &#8220;significant steps to remedy non-reciprocal trade arrangements&#8221; by entering discussions with the United States to address &#8220;the lack of trade reciprocity in our economic relationship and our resulting national and economic security concerns.&#8221; 
See Also: <a href="https://www.benzinga.com/markets/equities/25/05/45366471/elliott-management-scores-key-win-in-phillips-66-proxy-fight-as-iss-backs-all-four-board-nominees-ahead-of-may-21-vote">Elliott Management Scores Key Win In Phillips 66 Proxy Fight As ISS Backs All Four Board Nominees Ahead Of May 21 Vote</a>
Why It Matters: The tariff adjustments represent a significant shift in Trump&#8217;s trade strategy that previously targeted Chinese e-commerce platforms like Temu owned by PDD Holdings Inc &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) and Shein, after closing the de minimis exemption that had allowed <a href="https://www.benzinga.com/news/retail-sales/25/04/44714336/temu-shein-brace-for-impact-as-trumps-tariff-torpedo-blows-up-the-800-loophole">goods valued under $800 </a>to enter the United States duty-free. 
The earlier crackdown had substantial ripple effects across digital advertising markets, with Sensor Tower reporting that <a href="https://www.benzinga.com/25/05/45190742/meta-google-snap-set-to-lose-billions-in-ad-revenue-from-chinese-sellers-as-trump-closes-de-minimis-loophole-report">Temu reduced its average daily U.S. advertising</a> spend by 31% between March and mid-April. 
Marketing firm Tinuiti noted that Temu, which represented 19% of all U.S. Google Shopping ads, saw its share <a href="https://www.benzinga.com/25/05/45190742/meta-google-snap-set-to-lose-billions-in-ad-revenue-from-chinese-sellers-as-trump-closes-de-minimis-loophole-report">drop to zero just one week later</a>. 
Image Via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45366281/bitcoin-ethereum-dogecoin-retreat-stocks-rally-after-us-china-tariff-de-escalation-analyst-sees-opportunity-in-2100-2250-if-eth-corrects">Bitcoin, Ethereum, Dogecoin Retreat, Stocks Rally After US-China Tariff De-Escalation: Analyst Sees Opportunity In $2,100-2,250 If ETH Corrects</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Regulations

Politics

Retail Sales

Economics

BIGC

LSPD

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Trump Lowers De Minimis Tariff On Chinese Imports From 120% To 54%, Pauses $200 Postal Fee Amid 90-Day Trade Shift

Shopify Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) shares jumped 14.8% to $105.26 Monday afternoon. It was earlier <a href="https://ir.nasdaq.com/news-releases/news-release-details/shopify-inc-join-nasdaq-100-indexr-beginning-may-19-2025#:~:text=(Nasdaq%3A%20SHOP)%2C%20will,100%20Equal%20Weighted%E2%84%A2%20Index.">announced</a> the stock will join the Nasdaq-100 beginning May 19, replacing MongoDB. The move positions Shopify among the market's top tech names and could attract index-fund inflows.
What Else: The e-commerce platform <a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45328107/shopify-shows-strong-global-momentum-but-guidance-raises-questions-on-profitability-path">reported</a> strong first-quarter results last Thursday, with revenue climbing 26.8% year-over-year to $2.36 billion, beating estimates. 
Gross merchandise volume <a href="https://www.benzinga.com/pressreleases/25/05/g45332641/shopify-inc-to-join-the-nasdaq-100-index-beginning-may-19-2025">rose 22.8%</a> to $74.75 billion, though adjusted EPS of 25 cents narrowly missed forecasts. Analysts cited robust growth in global merchant activity and resilient consumer demand as key drivers.
Sentiment also improved as the U.S. and China reached a <a href="https://www.benzinga.com/government/regulations/25/05/45347089/wall-street-rips-higher-as-tariff-truce-halts-us-china-economic-escalation">landmark agreement</a> to slash tariffs, easing recession and inflation fears. With U.S. tariffs dropping from 145% to 30% and China's from 125% to 10%, global trade pressures are receding. 
Shopify noted minimal exposure to Chinese imports, suggesting limited direct impact from prior tariff risks. Analysts from Goldman Sachs and Piper Sandler expect continued growth into the second-quarter, with revenue forecast around $2.56 billion and EPS of 30 cents. Shopify's international momentum meanwhile remains a key pillar of its bullish outlook.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45353863/new-inflation-data-hits-tuesday-why-it-could-kill-fed-rate-cut-hopes">New Inflation Data Hits Tuesday: Why It Could Kill Fed Rate Cut Hopes</a>
<h2 class="wp-block-heading">How To Buy SHOP Stock</h2>
By now you're likely curious about how to participate in the market for Shopify &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of Shopify, which is trading at $104.42 as of publishing time, $100 would buy you 0.96 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SHOP has a 52-week high of $106.35 and a 52-week low of $69.84.

Why Shopify (SHOP) Stock Hit A New 52-Week High Today

Reported May 9, 2025: Shopify To Join The Nasdaq-100 Index Beginning May 19, 2025

UBS analyst Timothy Chiodo maintains Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) with a Neutral and lowers the price target from $125 to $110.

Price Target

Analyst Ratings

UBS Maintains Neutral on Shopify, Lowers Price Target to $110

JP Morgan analyst Reginald Smith maintains Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) with a Overweight and lowers the price target from $124 to $115.

JP Morgan Maintains Overweight on Shopify, Lowers Price Target to $115

Shopify Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) reported&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45286313/shopify-q1-gross-margin-contracts-misses-profit-estimate" rel="noreferrer noopener">fiscal first-quarter</a> results&nbsp;on Thursday. The company&#8217;s quarterly revenue growth&nbsp;of 26.8% to $2.36 billion beat the&nbsp;analyst consensus estimate of&nbsp;$2.33 billion.&nbsp;
The e-commerce platform company reported adjusted EPS of $0.25, up 25% but missed the&nbsp;analyst consensus&nbsp;estimate&nbsp;of $0.26.
Also Read: <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45234498/shopify-q1-likely-solid-but-analyst-says-tariff-commentary-and-q2-outlook-will-steer-investor-focus" target="_blank" rel="noreferrer noopener">Shopify Q1 Likely Solid, But Analyst Says Tariff Commentary And Q2 Outlook Will Steer Investor Focus</a>
Gross merchandise volume increased 22.8% to $74.75 billion. Merchant solutions revenue increased 28.9% to $1.74 billion.&nbsp;
Wall Street analysts rerated the stock after the report.
<ul class="wp-block-list">
<li>Piper Sandler analyst Clarke Jeffries had a Neutral rating on Shopify with a <a target="_blank" href="https://www.benzinga.com/quote/SHOP/analyst-ratings" rel="noreferrer noopener">price target of $104</a>.</li>
<li>Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Shopify with a price target of $120, down from $130.</li>
</ul>
Piper Sandler: GMV grew 23%, driven by same-store sales growth for existing customers and growth in merchants globally. Management noted that only 1% of overall GMV is related to imports from China, subject to the de minimis exemption, Jeffries said.
The second-quarter guidance factors in continued strength in GMV data through April and May, translating to mid-20s revenue growth and high-teens gross profit growth. Guiding to mid-20s revenue growth but expecting to see high-teens gross profit growth will likely be the primary nitpick for investors, the analyst stated.
Free cash flow margins will likely be again in the mid-teens range. Jeffries will closely monitor this into next quarter, as he noted a decline in free cash flow margins would be a negative event for the stock.
Shopify is successfully benefiting from the globalization of commerce through digital technology, and the scale advantages built in the North American market translate to substantial market share gains abroad. International is the linchpin to believing Shopify can continue to grow at ~20% over the medium term and is crucial for the bull story.
Jeffries projected second-quarter revenue of $2.56 billion and EPS of $0.30.
Goldman Sachs: Shopify&#8217;s GMV multiplier as a percentage of U.S. eCommerce growth remains strong, indicating continued market share gains that will likely expand further in periods of volatility even as U.S. eCommerce growth slows. Shopify continues progressing in the enterprise, which Borges expects to be a key growth driver in 2025.
Shopify&#8217;s data has shown little evidence of a slowdown, with strength in April and early May. When asked about Flexport&#8217;s view of disruption, Shopify noted that it has not seen similar trends and that its merchant bases have different characteristics.
While management acknowledged continued uncertainty and noted that the full impact of the current trade environment remains to be seen, they shared some metrics to help investors understand Shopify&#8217;s exposures.
Cross-border continues to make up 15% of GMV, with half of this number representing U.S. trade, which is split between inbound and outbound. 1% of the overall GMV is from China and is subject to the de minimis exemption.
While Shopify has seen some merchants raise prices, they have not seen broad pricing increases and noted that their typical consumer is more resilient to pricing increases, the analyst said.
Shopify believes its merchant base is exposed to verticals that are more able to adapt, with limited exposure to verticals like electronics and higher exposure to verticals like fashion, apparel, and beauty. Management is skeptical that tariffs have pulled forward demand, noting that China&#8217;s production capacity limits the degree to which it can flex upwards, Borges noted.
Pressure on gross margins in 2025 is due to the PayPal partnership, payments increasing as a % of the business, noncash revenue rolling off, enterprise traction, and the impact from longer paid trial lengths causing pressure on subscription revenue growth. While Merchant Solutions&#8217; gross margin will continue to be pressured by payments, Payment adoption can help increase the adoption of many of Shopify&#8217;s newer margin-accretive products, which should help margins stabilize over time.
While free cash flow margins will likely trend sideways in 2025, the analyst noted the potential for structurally higher terminal margins due to Shopify&#8217;s vertical software competitive moat.
SHOP Price Action:&nbsp;Shopify stock is down 2.93% at $91.25 at the last check on Friday.
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Photo: Shutterstock

Reiteration

Shopify Shows Strong Global Momentum, But Guidance Raises Questions On Profitability Path

Morgan Stanley maintains Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) with a Overweight and raises the price target from $106 to $112.

Morgan Stanley Maintains Overweight on Shopify, Raises Price Target to $112

Barclays analyst Trevor Young maintains Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>) with a Equal-Weight and lowers the price target from $100 to $94.

Barclays Maintains Equal-Weight on Shopify, Lowers Price Target to $94

On Thursday, Cathie Wood-led Ark Invest made significant moves in the stock market, focusing on Shopify Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>), Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), and Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>).
The Shopify Trade
Ark Invest&#8217;s funds, including Ark Fintech Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#BATS">ARKF</a>), ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>), and ARK Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>), collectively acquired 228,824 shares in Shopify. This move comes after Shopify reported a 26.8% year-over-year increase in revenue for its <a href="https://www.benzinga.com/news/earnings/25/05/45286313/shopify-q1-gross-margin-contracts-misses-profit-estimate">fiscal first quarter</a>, reaching $2.36 billion, which surpassed analyst expectations of $2.33 billion. Despite this revenue growth, Shopify&#8217;s stock experienced a decline following the announcement due to a contraction in gross margins. On Thursday, the shares ended 0.5% lower at $94. The Ark purchase amounted to $21.5 million.
The Palantir Trade
Ark Invest trimmed its position in the Alex Karp-led company across its ARKF, ARKK, and ARKW funds, offloading a total of 135,572 shares. Based on Thursday's closing price of $119.15—up 7.85% on the day—the trades were valued at approximately $16.1 million.
This decision follows Palantir&#8217;s <a href="https://www.benzinga.com/news/25/05/45292541/palantir-pltr-stock-gains-5-thursday-whats-going-on">recent earnings report</a>, which showed a 39% increase in revenue year-over-year, reaching $883.86 million and surpassing analyst expectations. The company&#8217;s U.S. revenue saw a significant 55% rise, driven by a 71% surge in commercial revenue. Despite the positive earnings, Ark Invest has been <a href="https://www.benzinga.com/25/05/45274539/cathie-wood-strengthens-ai-chip-holdings-with-nvidia-and-amd-purchases-reduces-palantir-position-by-another-38-8-million">trimming its position</a> in Palantir. On Wednesday, the firm offloaded shares worth $38.8 million, while on Tuesday it had sold $41 million worth. Palantir makes up 6.01% of Ark's portfolio by weight, with total holdings valued at $301.3 million.
The Block Trade
Ark Invest also decreased its stake in the Jack Dorsey-led company, selling a total of 256,593 shares across its ARKF, ARKK, and ARKW funds. This decision follows Block&#8217;s disappointing <a href="https://www.benzinga.com/news/earnings/25/05/45152696/block-shares-drop-after-worse-than-expected-q1-results-details">first-quarter earnings report</a>, which revealed earnings of 56 cents per share, missing the analyst consensus estimate of 87 cents. Additionally, the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)-focused company&#8217;s quarterly revenue of $5.77 billion fell short of the expected $6.2 billion.
Other Key Trades:
<ul>
<li>ARKK and ARKG purchased shares of Veracyte Inc. </li>
<li>ARKK acquired shares of GitLab Inc. </li>
<li>ARKG sold shares of Adaptive Biotechnologies Corp. </li>
</ul>
Benzinga Edge Stock Rankings show that Palantir has a Momentum in the 99th percentile and Growth in the 87th percentile. Want to know how your favorite stock ranks up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="445" height="281" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08214546/Screenshot-2025-05-09-at-10.45.25.png" alt="" class="wp-image-909314" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08214546/Screenshot-2025-05-09-at-10.45.25.png 445w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/08214546/Screenshot-2025-05-09-at-10.45.25-300x189.png 300w" sizes="(max-width: 445px) 100vw, 445px" /></a></figure>
Photo Courtesy: Ira Lichi On Shutterstock.com
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
12:59 PMMay 12, 2025	CALL	$105.00	May 16, 2025	-22	6629	2206	72	9226	TRADE	BULLISH
11:20 AMMay 09, 2025	CALL	$95.00	Jun 20, 2025	13	1621	1500	19	8364	TRADE	BEARISH
10:13 AMMay 07, 2025	PUT	$95.00	Jun 20, 2025	13	806	800	10	8477	TRADE	BEARISH
11:11 AMMay 06, 2025	PUT	$90.00	Sep 19, 2025	104	1535	1500	73	2089	TRADE	BEARISH

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