Buy the dip? Shopify tops estimates but the stock is down 🤷♂️📉; Historic: Nubank surpasses 100M customers, leading digital banking revolution in LatAm 🤯🚀
FinTech is Eating the World, 8 May
Hey Everyone,
Happy Wednesday! On today’s radar, we have Shopify that despite topping estimates is down severely (unpacking the latest numbers and what they mean & why I’m still bullish on Shopify + some bonus dives inside), and Nubank which just made history by surpassing 100 million customers (quick recap, why it matters & what’s next + some solid bonus resources). Let’s jump straight into the amazing stuff 🌶
Buy the dip? Shopify tops estimates but the stock is down 🤷♂️📉
The news 🗞️ E-commerce giant Shopify SHOP 0.00%↑ just posted its first-quarter results that surpassed analyst expectations, but concerns about slowing growth weighed on investors.
In fact, the concern was so big that Shopify suffered the largest decline in the stock's history 😳
Let’s take a closer look at this, unpack the latest numbers and what they mean, and think about what’s next for Shopify.