Shopify on Tuesday reported first quarter operating profit that missed consensus estimates while revenue edged by views. Shopify stock tumbled as investors mulled guidance and the size of the revenue beat. Canada-based Shopify reported March quarter earnings before the market open.
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Earnings season revs up the next few days as investors will hear from big companies including Advanced Micro Devices, CoreWeave, Pfizer and McDonald's. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.
E-commerce platform Shopify (NASDAQ:SHOP) will be reporting results this Tuesday morning. Here’s what you need to know.
SHOP reports Q1'26 earnings on May 5, eyeing low-30% revenue growth as Shop Pay and AI momentum run into margin headwinds.
Investors won’t get too much of a respite from a big week trading the AI boom, with Palantir, Advanced Micro Devices, and CoreWeave reporting earnings. A bevy of data about the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.