Live Breaking News & Updates on Its Subscription Solutions

Stay updated with breaking news from Its subscription solutions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Tech Stocks Lost US$1 Trillion: Should You Dump Shopify (TSX:SHOP)?


Shopify(TSX:SHOP)(NYSE:SHOP) is likewise underperforming (-8.55%). If the downward trend continues, should investors move to sectors that would fare better in an inflationary environment?
Find ideal hedges against inflation
The TSX started the week of May 10, 2021, strong before skidding in the next three trading days. Fortunately, the energy and financial sectors led a broad-based rally and enabled the index to climb 230.90 points to recover the losses. Philip Petursson, chief investment strategist at
Manulife Investment Management, describes the week as a yo-yo of investor motions.
Again, it was the U.S. inflation numbers that scared investors. The Bank of Canada keeps interest rates at an effective lower bound until it achieves its inflation objectives. Meanwhile, investors seem to be taking profits and veering away from high-flying growth stocks, mostly constituents in the tech sector. ....

Philip Petursson , Shopify Merchant Solutions , Its Subscription Solutions , Royal Bank , Wall Street , Google Parent Alphabet , Manulife Investment Management , Subscription Solutions , Merchant Solutions , Fool Canada , Next Gen , பிலிப் பேதுர்ஸ்சொன் , ஷொபிபி வணிகர் தீர்வுகள் , அரச வங்கி , சுவர் தெரு , கூகிள் பெற்றோர் எழுத்துக்கள் , மனுளிபே முதலீடு மேலாண்மை , சந்தா தீர்வுகள் , வணிகர் தீர்வுகள் , முட்டாள் கனடா , அடுத்தது கேன் ,