Shopify (SHOP) shares tumble following Q4 earnings

The Shopify (SHOP) share price pullback is a buying opportunity - DA Davidson

According to DA Davidson analyst Gil Luria in a note Wednesday, the pullback in Shopify (NYSE: SHOP) shares has presented a buying opportunity. The analyst reiterated the firm's Buy rating on the stock and raised the price target to $90 from $86 per share.... More

U.S. stock futures muted with key inflation reading, earnings ahead this week

Investing.com -- U.S. stock futures mostly held around the flatline on Monday, as investors geared up for a week of key economic data releases and a slew of quarterly corporate earnings.

By 07:08 ET (12:08 GMT), the Dow futures contract had shed 30 points or 0.1%, while S&P 500 futures and Nasdaq 100 futures were broadly unchanged.

The benchmark S&P 500 closed above 5,000 for the first time ever to end the prior trading week thanks in part to a surge in megacap groups like Microsoft (NASDAQ: MSFT) and Amazon.com (NASDAQ:... More

Shopify (SHOP) PT Raised to $90 at Truist, 'Data Suggests Upside in Shopify GMV and Likely Strong 4Q Report'

Truist Securities analyst Terry Tillman raised the price target on Shopify (NYSE: SHOP) to $90.00 (from $65.00) while maintaining a Hold rating.

The analyst comments "In collaboration with Truist Securities Data Science team, we have concluded Shopify will likely report a strong 4Q tomorrow. Along... More

Dow Jones, Nasdaq, S&P 500 weekly preview: January CPI report takes the central stage

The S&P 500 rose 1.4% last week to deliver its first ever weekly close above the 5000 handle. Stocks managed to navigate through a barrage of commentary from Federal Reserve officials, which predominantly emphasized the ongoing need for disinflation before any potential interest rate reductions.

The Dow Jones Industrial Average (DJI) ended the week flat after the bulls managed to erase intraweek losses. The Nasdaq Composite Index (IXIC) surged 2.3% to close in on a new record high above the 16000 mark.

Despite initial hopes, the likelihood of a rate cut in March has diminished, with the market consensus now shifting... More

Futures muted; U.S. CPI, earnings ahead this week - what's moving markets

Investing.com -- U.S. stock futures were little changed on Monday, with markets taking some caution ahead of a week of major economic data and company results. Elsewhere, rivals Diamondback (NASDAQ: FANG) Energy and Endeavor Energy Resources are reportedly closing in on a merger that would give the combined entity a massive presence in the Permian Basin, a key U.S. production hub.

1. Futures tread water

U.S. stock futures mostly held around the flatline on Monday, as investors geared up for a week of key economic... More

Shopify (SHOP) February weekly 90 straddle into quarter results

Shopify (NYSE: SHOP) February weekly 90 straddle priced for a move of 14% into the expected release of quarter results before the bell on February 13.