Palantir Technologies(US:PLTR) The Motley Fool·2024-12-30 09:30Shopify - Shopify reported a 26% increase in revenue to $2.1 billion in Q3, driven by strong growth in subscription software and merchant services [2] - Non-GAAP net income rose 46% to $0.35 per diluted share, with expectations for similar sales growth in Q4 [2] - The company has been recognized as a leader in wholesale commerce solutions, with the wholesale market growing 50% faster than retail [9] - Shopify's adjusted earnings are expected to grow at 25% annually through 2025, although its current valuation of 94 times adjusted earnings is considered expensive [7] - Shopify's market value is currently $140 billion, needing a 29% increase in stock price to reach $180 billion [12] - Shopify accounts for over 10% of online retail sales in the U.S. and more than 6% in Western Europe, making it the second-largest e-commerce company in those regions behind Amazon [13] Uber Technologies - Uber's total revenue increased 22% to $11.1 billion in Q3, with mobility segment sales growing by 29% and delivery segment by 19% [15] - Non-GAAP net income also increased 46% to $0.35 per diluted share [15] - Uber has a 76% market share in U.S. ride-sharing and ranks second in restaurant food delivery with a 24% market share, providing a competitive advantage through data generation [10] - The number of Uber One members increased by 70% in the quarter, with members spending three times more than non-members [11] - Uber's adjusted earnings are expected to grow at 13% annually through 2025, making its current valuation of 30 times adjusted earnings appear tolerable [4] - Uber's market value is currently $129 billion, requiring a 40% increase in stock price to reach $180 billion [12]