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Shopify's stock price fell 19% after the company forecast slower sales growth for the second-quarter, down from previous quarters. Adjusting for the sale of its logistics business. Shopify indicated that the sale of its logistics business to Flexport would impact its future financial projections. Chief Financial Officer Jeff Hoffmeister noted that a strong U.S. dollar and weaker consumer spending in Europe, particularly in the United Kingdom, are also expected to affect the company's forward guidance. Shopify reported first-quarter revenue growth of 29%, the fourth quarter in a row exceeding 25% growth.

Shopify Stock Plummets 19% as Slower Sales Growth Forecasted for Q2Shopify Drops 19%

⏲ 0:37 👁 1.2M

During a Senate Banking Committee hearing on Thursday, Sen. Elizabeth Warren (D-MA) questioned witnesses about the food industry and shrinkflation.<br/><br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

‘Is There More Going On Here?’: Elizabeth Warren Interrogates Expert About Cause Of High Food Prices

⏲ 6:6 👁 36.9M

Escalating ground rents and service fees have 13 per cent of London leaseholders considering selling up, new data from Barclays has revealed.That’s three time the national average of four per cent of leaseholders considering selling their hime.

Leasehold scandal: One in ten London leaseholders considering selling their homes over escalating costs

⏲ 0:45 👁 5.2M

Before Picard season 3, let's take stock which actors have appeared in the most shows....

10 Star Trek Actors Who Have Appeared In The Most Shows

⏲ 14:5 👁 10.5M

Lady CEO Is Return ep 1-3

Lady CEO Is Return ep 1-3

⏲ 44:1 👁 4.9M

NVIDIA is set to release its first-quarter earnings, and the company is already making waves in the AI sector. The tech giant’s AI infrastructure is in high demand, as evidenced by the increased capital expenditures of its major clients.

Nvidia's AI Dominance Evident As Tech Behemoths From Microsoft To Meta And Google Keep Pumping Billions Into Chipmaker, Analysis Reveals

⏲ 1:14 👁 2.2M

Following Friday's purchase, this biopharma's weighting in ARKG stood at 1.06%, attributed to the 51,712 shares held by the exchange-traded fund.<br/>The biopharma company has opted to prioritize a pipeline asset that is in Phase 2 study for obesity and is positive about its potential.

Cathie Wood's Ark Invest Snaps Up $3.54M Worth Of Shares In This Biopharma Company Following Positive Obesity Pipeline Update

⏲ 1:1 👁 2.3M

The network is providing internet access to over 2.7 million subscribers across 75 countries. The company has also expanded into enterprise, mobility, and government markets, with an estimated 50,000 users in these sectors.

Who Saw This Coming? Elon Musk's Starlink Projected To Rake In $6.6B Revenue This Year As Users Flock To Satellite Internet Service

⏲ 1:0 👁 760K

Warren Buffett discussed the risk that autonomous vehicles might pose to auto insurers by reducing accidents at Berkshire Hathaway's annual meeting. He acknowledged that fewer accidents would be beneficial for society. Executive Ajit Jain added that while accident frequency may decrease, the repair costs per accident could increase, potentially offsetting the reduced volume of accidents. Elon Musk responded on Twitter that Buffett should take a position in Tesla, saying, \

Tesla CEO Elon Musk Says Warren Buffett Should Invest in Tesla Following Comments at Berkshire Hathaway Annual Meeting. \

⏲ 0:43 👁 1.5M

On Tuesday, Rep. Robert Wittman (R-VA) questioned DOD officials on the price of weapons sent to Ukraine and Israel durign a House Armed Services Committee hearing. <br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

‘I’m Not A Mathematician But This Is Not Sustainable’: Wittman Slams DOD For High Price Weapons

⏲ 5:5 👁 13.5M

Trading platform Robinhood Markets disclosed a first-quarter notional cryptocurrency trading volume of $36 billion, a more than three-fold increase year-over-year.

Robinhood Reports 3X Jump In Crypto Volume, Executives Say 'Business As Usual' Despite SEC Wells Notice

⏲ 0:58 👁 9.8M

Applebee's and IHOP owner Dine Brands thinks deals can attract fast food customers frustrated by high menu prices. Full-service restaurants, fast food chains, and home cooking compete for fewer dining dollars as consumers pull back spending. Dine Brands CEO says their $10 burger is better quality than a $10 burger from a paper bag. Lower-income customers under $50,000 make up to 50% of Dine's business but are visiting less and spending carefully. Dine reiterated full-year guidance as first-quarter earnings missed estimates.

Applebee's Dine Brands Aims to Lure Fast Food Customers with Affordable Deals

⏲ 0:37 👁 405K

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