Stock Market Today, Aug. 5: Shopify Soars 17% After Beating Q2 Estimates, Raises Q3 Outlook
On Aug. 5, 2026, the e-commerce platform topped second-quarter expectations and guided higher for the quarter ahead, signaling sustained momentum.
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On Aug. 5, 2026, the e-commerce platform topped second-quarter expectations and guided higher for the quarter ahead, signaling sustained momentum.
The company fell short of analysts estimates for revenue and gross merchandise sales in the fourth quarter.
EBay plans to acquire Etsy's secondhand clothing marketplace Depop for about $1.2 billion in cash, the companies said.
Etsy CEO Josh Silverman will be replaced by the company’s current president and chief growth officer.
Etsy said Josh Silverman will step down as CEO and be replaced by Depop chief Kruti Patel Goyal.
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