Trump campaign promises unlikely to harm entrepreneurship: Shopify CFO
- Shopify's CFO, Mr. Hoffmeister, stated that Trump's campaign will not affect new business formation and entrepreneurship.
- Shopify's president, Harley Finkelstein, noted that merchants gained from AI tools for audience engagement and customer service.
- The number of Shopify merchants with multiple physical locations has doubled, reflecting the company's growth.
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Shopify stock price is on fire today after an ‘outstanding’ quarter, boosted by AI tools and a bright holiday sales forecast
Shares of Shopify (NYSE: SHOP) are skyrocketing in early-morning trading after the company announced its Q3 2024 results, which beat expectations. As of the time of this writing, SHOP stock is up an impressive 23% to above $110 per share. However, Shopify’s stock isn’t on fire only because of its good Q3. There are some other reasons why Shopify is exciting investors this morning. Here’s what to know: Shopify’s ‘outstanding’ results Shopify wo…
Trump Campaign Promises Unlikely to Harm Entrepreneurship: Shopify CFO
Shopify Inc. executives brushed off concerns that incoming U.S. President Donald Trump will be a major detriment to many of the company’s merchants. “There’s nothing in what we’ve heard from Trump, nor would there have been anything from (Democratic candidate) Kamala (Harris), which we think impacts the overall state of new business formation and entrepreneurship,” Shopify’s chief financial officer Jeff Hoffmeister told analysts on a call Tuesda…

Shopify reports Q3 net income up from year ago as revenue climbed 26%
OTTAWA — Shopify Inc. reported US$828 million in net income for its third quarter, up from US$718 million in the same quarter last year, as its revenue rose 26 per cent. The e-commerce technology company, which keeps its books in U.S.
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