Shopify reports feb 16th and was recently dragged down on PYPL and FB earning releases.
I am a SHOP shareholder. But I’m nervous about their earnings. They deal with small to medium sized businesses while Amazon deals with larger clients I believe. And have AWS and advertising to rake in profits.
I noticed AMZN search queries spiked during the omicron surge, but SHOP has been steadying declining over the past year.
I think SHOPs share price will improve as we near earnings due to AMZNs beat but I fear it won’t hold come earning day.
Appreciate any insights on this topic
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