All eyes have been on the economy this year, with investors and consumers alike looking for any indication that things are on the mend. With that as a backdrop for the day's trading session, e-commerce platform Shopify (NYSE: SHOP) climbed 5.5%, cybersecurity specialist Palo Alto Networks (NASDAQ: PANW) jumped 3.8%, and cloud-centric database provider MongoDB (NASDAQ: MDB) rallied 3% as of 12:22 p.m. ET. To be clear, there was little in the way of company-specific news about these businesses.
Uber (UBER) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Despite severe headwinds from a terrible economy, this e-commerce platform outperforms the overall U.S. retail industry.