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16.06.26 - 22:03
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Shopify Announces Results of its 2026 Annual Meeting of Shareholders (GlobeNewswire EN)
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Internet, Everywhere, June 16, 2026 (GLOBE NEWSWIRE) -- Shopify Inc. (NASDAQ, TSX: SHOP) announced today the results of its annual meeting of shareholders held on June 16, 2026. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP was reappointed as Shopify's auditors. Shareholders also accepted, on a non-binding advisory basis, Shopify's approach to executive compensation, as further described in Shopify's management information circular dated April 21, 2026. A shareholder proposal regarding an artificial intelligence policy was not approved....
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16.06.26 - 20:00
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Wall Street Has 38 Buy Ratings on Shopify and One Sell. But We Disagree. (24/7 Wall St.)
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Our 24/7 Wall St. price target for Shopify (NASDAQ:SHOP) is $106.90, which sits just below the current quote of $112.49. That implies -4.97% downside over the next 12 months, and our model carries a 90% confidence reading. The call is hold. Shopify is a high-quality compounder trading near fair value after a sharp reset. 24/7 ... Wall Street Has 38 Buy Ratings on Shopify and One Sell. But We Disagree....
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16.06.26 - 12:03
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Beverage Brands Are Building a New Operational Layer After Manufacturing & MyFBAPrep Is Building the Infrastructure Behind It (PR Newswire)
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As Amazon, Walmart, TikTok Shop, Retail, and DTC Channels Increase Operational Complexity, Brands Are Turning to Specialized Post-Production Commerce Operations CORAL SPRINGS, Fla., June 16, 2026 /PRNewswire/ -- As beverage brands expand across Amazon, Walmart Marketplace, Shopify, TikTok......
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11.06.26 - 11:06
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KOHO Raises $130 Million at $1.33B Valuation to Fund Growth and Continue Pursuit of Bank License (Business Wire)
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Round brings in Mubadala, Savano Capital, Shopify founder Tobi Lütke, and Affirm COO Michael Linford alongside existing investorsVANCOUVER, British Columbia--(BUSINESS WIRE)--KOHO, Canada's leading financial technology company, today announced it has raised $130 million CAD, representing an important step towards the continued pursuit of its federal banking licence.
The round includes new investors whose backing reflects both institutional weight and operator credibility. Mubadala, the Abu Dhabi-based sovereign investor managing over $385 billion USD in assets, and Savano Capital, a Baltimore-based investment firm that targets investments in high-growth, expansion-stage businesses, join as new institutional partners. Tobi Lütke, founder and CEO of Shopify, and Michael Linford, COO of Affirm, who are among the most respected operator-investors in North American technology and fintech, also invested in the financing round.
Existing investors Portage Ventures, Drive Capital, BDC Capital, HOOPP, and Eldrid...
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10.06.26 - 22:36
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1 Smart Way to Use a TFSA to Increase Your Contribution (Fool)
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TFSA growth can quietly snowball your future tax shelter, and Shopify shows both the upside and the gut-check volatility.
The post 1 Smart Way to Use a TFSA to Increase Your Contribution appeared first on The Motley Fool Canada....
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08.06.26 - 17:51
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Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown (ZeroHedge)
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Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
Website builder Wix announced an "organizational realignment" on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business.
The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix's core growth areas.
"The organizational realignment to streamline operations and reallocate resources to support the Company's top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries," Wix wrote in a Form 6k filing earlier this morning.
As of 1Q26, Wix had 5,277 employees, so a 20% cut would represent about 1,055 layoffs.
Wix is a SaaS website builder that competes with platforms such as Shopify, Squarespace, GoDaddy, and WordPress-related services. There was no mention of whether AI-related efficiencies...
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