Global-E (GLBE) shares dropped 14.60% after reporting strong Q1 results, with sales of $189.9 million (+30% Y/Y) and GMV of $1.24 billion. The company also announced a new partnership with Shopify.
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.
E-commerce software platform Shopify (NYSE:SHOP) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 26.8% year on year to $2.36 billion. The company expects next quarter’s revenue to be around $2.56 billion, close to analysts’ estimates. Its non-GAAP profit of $0.26 per share was in line with analysts’ consensus estimates.
On Thursday, Cathie Wood-led Ark Invest made significant moves in the stock market, focusing on Shopify Inc. (NASDAQ:SHOP), Palantir Technologies Inc. (NASDAQ:PLTR), and Block I
U.S. stocks rallied Thursday after the Trump administration signed its first major trade agreement with the United Kingdom, igniting optimism about further global deals — especially with China — and lifting investor appetite for riskier assets.
Shopify Inc (NASDAQ: SHOP) stock dropped after reporting Q1 results, beating revenue estimates with 26.8% growth. Adjusted EPS of $0.25 and net income of $335M. Q2 outlook predicts mid-twenties revenue growth and similar free cash flow margin. SHOP stock down 7.63% premarket.
E-commerce software platform Shopify (NYSE:SHOP) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 26.8% year on year to $2.36 billion. Guidance for next quarter’s revenue was optimistic at $2.56 billion at the midpoint, 2.2% above analysts’ estimates. Its GAAP loss of $0.53 per share was significantly below analysts’ consensus estimates.
