“We believe Shopify is one of the most misunderstood stories in the market today,” Ivana Delevska, the founder and chief investment officer at Spear Invest, said in a television interview with BNN Bloomberg Friday.
“But what they [Shopify] really are is the operating system of retailers. They just announced a new product yesterday targeting large enterprises, so they can basically make the processes of retailers more efficient with their technology,” Delevska said. “We believe that [the new product] is going to be [the] core of productivity improvement and upside going forward,” Delevska said.
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Fewer meetings and no more ‘pineapple on pizza debates’: Shopify changes signal company’s renewed urgencyThe era of risk-taking gives way to sobering up amid crumbling profitability and cratering stock market valuations Perhaps this “woke” company should be focusing on its bottom line and business model. It’s been faltering lately. Value down. Iffy I’d say in future. Virtue signalling and inane focus on pineapple pizzas and adoption of new agey momentarily trendy business practices won’t cut it. Can’t have meeting when your a remote first company. No one has the same schedule. One more reason wfh doesnt work unless your a simpleton employee with a sole task to do. And that task will eventually be replaced by AI or someone in Manila for $5/hour I agree. There should be no debate. Pineapple on pizza is great! 😄👍
Source: globeandmail - 🏆 5. / 92 Read more »
U.S. Fed minutes show inflation resolve, concern on market views - BNN BloombergU.S. Federal Reserve officials last month affirmed their resolve to bring down inflation, cautioning that an “unwarranted” loosening of financial conditions would hurt their efforts to achieve price stability.
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