Browsing: Revenue

Online merchants are still dealing with the effects of the Trump administration’s tariffs, which have forced many small- and mid-sized businesses to raise prices and rethink their supply chains. The war with Iran has also driven oil prices. Amazon recently said it will begin charging sellers a 3.5% fuel surcharge in response to rising costs,…

Shopify (NASDAQ:SHOP), the e-commerce platform powering millions of online businesses, crushed expectations in the second quarter and sent its shares soaring about 26% in premarket trading. Revenue surged 34% year over year to $3.58 billion, and management followed that up with another confidence boost by forecasting low-30% revenue growth for the third quarter. That’s even…