Is Shopify (NYSE:SHOP) the future of eCommerce? Investors are increasingly betting that Shopify stock will be the next online star. Source: Jirapong Manustrong / Shutterstock.com A new wave of eCommerce is forming and threatens Amazon (NASDAQ:AMZN). Shopify demonstrated that fact with its Black Friday sales last holiday season when its platform averaged nearly $1 million in
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© Reuters. FILE PHOTO: U.S. President Trump addresses U.S. mayors at the White House in Washington WASHINGTON (Reuters) – U.S. President Donald Trump on Friday signed a proclamation increasing tariffs on derivative steel products by an additional 25 percent and boosting tariffs on derivative aluminum products by an additional 10 percent. Trump said Argentina, Australia,
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Fundamental Australian Dollar Forecast: Bearish The Australian Dollar is under pressure as are all risk-correlated assets Its own domestic data have been supportive however Inflation numbers will be the last major release before rate-setters meet in February The Australian Dollar moves into a new trading week in a fascinating position, clearly weighed down by a
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EOS Climbs Above 3.5536 Level, Up 0.45% Investing.com – rose above the $3.5536 threshold on Saturday. EOS was trading at 3.5536 by 20:32 (01:32 GMT) on the Investing.com Index, up 0.45% on the day. It was the largest one-day percentage gain since January 25. The move upwards pushed EOS’s market cap up to $3.3945B, or
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© Reuters. FILE PHOTO: Britain’s Prime Minister Boris Johnson welcomes U.S. President Donald Trump at the NATO leaders summit in Watford WASHINGTON (Reuters) – U.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime Minister Boris Johnson, the White House said, as Britain nears a decision on Huawei’s role in
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According to a Jan. 17 SEC filing, UK investment management firm Baillie Gifford has increased its stake in Nio (NYSE:NIO), the up-and-coming Chinese electric vehicle manufacturer. It now owns 101.4 million American Depositary Shares or 13.1% of Nio stock. Source: xiaorui / Shutterstock.com At this time last year, Baillie Gifford owned 11% of NIO. Already
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The latest strain of the coronavirus, a deadly respiratory illness believed to have originated in central China, has spread around that country, forcing Beijing to halt travel for more than 35 million Chinese citizens. Plaguing stocks Friday wasn’t just news of the virus’s spread in China, but reports of a second U.S. case, this time
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Aurora Cannabis (ACB) could have troubled waters ahead in 2020. Once a darling to cannabis stock investors, Aurora is still the largest cannabis stock on Wall Street in terms of market cap. But the stock is hardly immune to the external pressures that have been weighing down on the cannabis sector at large. Primarily, supply
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Independent Reserve, one of the largest cryptocurrency exchanges in Australia, is expanding to Singapore after an “overwhelmingly positive” response from the regulator. Adrian Przelozny, CEO and founder of the Sydney-based exchange, announced Friday it had expanded its trading services to users in Singapore, saying in a statement that his team “felt the time was right
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