From Meta Platforms Inc. to Twitter, big names in the tech sector have announced major layoffs in October and November. Facebook parent Meta META, +5.18% is cutting 11,000 employees, or Read more
Tag: Shopify Inc. Cl A
Shopify stock rises as earnings show smaller loss than expected
Shopify Technology Inc. shares were headed higher in premarket action Tuesday after the e-commerce company notched a smaller loss than anticipated and forecast that its operating-expense growth rate will fall Read more
Shopify stock rises as earnings show smaller loss than expected
Shopify Technology Inc. shares were headed higher in premarket action Tuesday after the e-commerce company notched a smaller loss than anticipated and forecast that its operating-expense growth rate will fall Read more
PayPal deepens in-store push with U.S. launch of payment terminal
PayPal Holdings Inc. is continuing its foray into in-store commerce with the launch of a portable payment terminal in the U.S. The company already offers a card reader in the Read more
5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far Read more
5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far Read more
Shopify predicts steeper losses, but stock still rallies after earnings
A day after announcing it would conduct steep layoffs, Shopify Inc. announced a quarterly loss and issued more cautious commentary about the way inflation was impacting the business, though its Read more
PayPal stock hit as Walmart and Shopify send ominous signals
PayPal Holdings Inc. shares were sagging Tuesday after two consumer-facing names issued warning signs about their businesses and the state of shopping behaviors. First Walmart Inc. WMT, -7.70% cut its Read more
U.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised 98.4 in the prior month, the Conference Board said Tuesday. The decline was larger than Read more
U.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised 98.4 in the prior month, the Conference Board said Tuesday. The decline was larger than Read more
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