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Shopify (NASDAQ:SHOP) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.40 by 5 percent. This is a 20 percent increase over earnings of $0.35 per share from the same period
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JPMorgan’s latest consumer-tech picks highlight AI and digital transformation winners. Here are 4 ETFs offering exposure to the next wave of tech growth.
Read original at benzingaJPMorgan highlights five favorite consumer tech stocks: Shopify, Take-Two, Clear, Xometry and EverQuote, citing AI and long-term growth.
Read original at benzingaRosenblatt analyst Scott Devitt initiates coverage on Shopify (NASDAQ:SHOP) with a Buy rating and announces Price Target of $175.
Read original at benzingaSpaceX completed the largest IPO in history in June at $135, initially surging to $225 before retreating to around $150. Historical analysis of major tech IPOs shows a median 54% peak-to-trough decline in the first year. Based on past patterns, SpaceX stock could trade between $100-$170 over the next 12 months, with the median outcome suggesting a return to the IPO price of $135.
Read original at the-motley-fool