Bank of Canada decided to keep the rate steady until the end of 2023 and start cutting it in 2024. Fed will follow this approach after March 22 with the potential of 0.25% last 2023 increase. Europe is the basket case for obvious reasons and limited American markets influence.
Amazon was not profitable for full year 2022 and also traded at a much higher premium in their early days, you’re forgetting amazon has been a public company 20 years longer than shopify.Shopify 2022 revenue increased 21% yoy.Amazon 2022 e-commerce revenue fell 0.3% yoy. A lot of shorts doing their OMG this stock has fallen off the edge of the earth routine…must be good returns ahead. soon SHOP will cross $50 on its way to $60 in May.Glad I bought in. Will hold for 50+very . $Shopify(SHOP)$
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