Container shipping activity between China and the United States is sliding again, with traffic hitting its weakest levels in two years, according to the latest reports.
A number of stocks fell in the morning session after markets pulled back as a hotter-than-expected wholesale inflation report for July dampened hopes for a Federal Reserve interest rate cut. The U.S. Producer Price Index (PPI), a key measure of wholesale inflation, rose 0.9% month-over-month in July, far exceeding the 0.2% increase that economists had predicted. Annually, prices at the wholesale level jumped 3.3%, also surpassing the 2.5% forecast. This hotter-than-expected data has poured cold water on widespread expectations for an interest rate cut from the Federal Reserve next month. Persistent inflation makes it less likely for the central bank to ease monetary policy. Sectors with high-growth stocks, such as SaaS, are particularly sensitive to interest rate changes, as the prospect of higher rates for longer can diminish the present value of their future earnings, leading to a decline in stock prices.
Let’s dig into the relative performance of VeriSign (NASDAQ:VRSN) and its peers as we unravel the now-completed Q2 e-commerce software earnings season.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how GoDaddy (NYSE:GDDY) and the rest of the e-commerce software stocks fared in Q2.
Ark Invest, led by Cathie Wood, made big trades in Bullish and Shopify. They bought over 2.5 million shares of Bullish and sold over $3 million of Shopify stock.
Strong earnings from McDonald's, Shopify, and DoorDash suggest consumer resilience, but a closer look signals caution amid inflation and economic uncertainty.
Shopify’s second quarter saw a strong positive market reaction, with management attributing results to surging global adoption and recent investments in platform capabilities. President Harley Finkelstein highlighted that offline gross merchandise value (GMV) rose 29% and business-to-business GMV grew 101%, while international GMV, led by Europe, accelerated 42%. Management credited the broadened appeal to major global brands and seamless integration across physical and digital channels. Finkelstein remarked, “The strong results you see today come from seeds we planted years ago.”
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how e-commerce software stocks fared in Q2, starting with BigCommerce (NASDAQ:BIGC).
E-commerce software platform Shopify (NYSE:SHOP) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 31.1% year on year to $2.68 billion. On top of that, next quarter’s revenue guidance ($2.76 billion at the midpoint) was surprisingly good and 4.6% above what analysts were expecting. Its GAAP profit of $0.69 per share was significantly above analysts’ consensus estimates.
Circle Internet Group (NYSE: CRCL), the company behind the widely used USDC stablecoin, witnessed a significant surge in its stock price following its Q2 2025 earnings report, despite disclosing a larger-than-expected net loss. This counter-intuitive market reaction underscores a deeper narrative: investors are keenly focused on the company's robust underlying
Pet products provider Bark (NYSE:BARK) announced better-than-expected revenue in Q2 CY2025, but sales fell by 11.5% year on year to $102.9 million. On the other hand, next quarter’s revenue guidance of $103.5 million was less impressive, coming in 8.1% below analysts’ estimates. Its non-GAAP loss of $0.02 per share was in line with analysts’ consensus estimates.
