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Shopify falls 9% after Q3 revenue and merchandise volume miss estimates
Shares of e-commerce platform Shopify plunged 9% in early trading on Tuesday after the company missed estimates on subscription gross profit and gross merchandise volume. Shopify reported before the bell Tuesday and posted adjusted earnings of 49 cents per share, topping LSEG estimates of 46 cents per share. Overall, quarterly revenue of $3.74 billion came in just below LSEG estimates of $3.75 billion.
King Charles brands UK slave trade ‘shameful’ after calls for apology and reparations
King Charles brands UK slave trade ‘shameful’ after calls for apology and reparations - Bookmark - CommentsGo to comments Become an Independent member to bookmark this article Already a member? Log in The King has said the slave trade “fills my heart with horror” during a speech to Commonwealth leaders at a summit in the Caribbean, where the UK has faced mounting demands to pay reparations for its role in the slave trade. King Charles said: “The transatlantic trade in enslaved persons still...
We're trimming some more off a stock that's enjoying nice post-earnings gains
We're selling 50 shares of DuPont at roughly $147 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will 400 shares of DD, reducing its weighting in the portfolio to about 1.5% from 1.7%. DuPont shares are moving higher after the company posted a better-than-expected third quarter, with organic sales increasing 5% year over year and adjusted earnings per share (EPS) of $2.09 handily beating the consensus estimate of $1.87, according to LSEG.
Bank of France Likely to Cut 2026 Growth Forecast, Moulin Says
Bank of France Likely to Cut 2026 Growth Forecast, Moulin Says The Bank of France will probably have to revise down its 2026 economic-growth forecast after activity unexpectedly shrank in the third quarter, Governor Emmanuel Moulin said. The current outlook sees expansion of 0.4% this year and a very strong final three months would be required to reach that number.