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Phillip Securities downgraded Shopify from “Buy” to “Accumulate”, citing the recent price rise and at the same time raising its price target from $160 to $170. The firm increased its 2026 revenue and earnings estimates by 3% and 1%, respectively, so the downgrade was due to valuation reasons rather than weaker fundamentals. Shopify recently reported strong Q2 results with revenue up 34% and growth in Subscription Solutions (+23%) and Merchant Solutions (+37%); the stock fell about 2.7% in morning trading. The move suggests much of the near-term upside may already be priced in; the price is well above the 52-week low but below the 52-week high. » Altro su de.investing.com

The Cathie Wood–led ARK ETFs bought a total of 106,941 shares of Cerebras Systems on August 13, 2026, worth around $28.0 million, split between ARKK and ARKW. At the same time, ARK sold 57,045 shares of Shopify valued at about $8.58 million and also trimmed Palantir holdings by selling 43,874 shares (≈ $7.50 million). Other purchases included 192,702 shares of Securitize (≈ $1.51 million) and 123,842 shares of Perceptive Capital Solutions (≈ $1.43 million); smaller trades involved Schrodinger and 10X Genomics. » Altro su de.investing.com

Shopify reported Q2 revenue of $3.6 billion, up 34% year over year, with GMV rising 32% to $115.6 billion. Operating income increased 68% to $488 million and free cash flow grew 55% to $654 million. Management now expects revenue growth of more than 30% year over year in Q3 and said AI-agent–driven traffic and orders to Shopify stores tripled year over year, disproportionately benefiting smaller and niche merchants. » Altro su finance.yahoo.com