Group 1 - Shopify Inc. is included in a list of tech stocks recommended for sale according to Ken Fisher [1] - Cantor Fitzgerald has reaffirmed a 'Neutral' rating on Shopify with a price target of $156, citing steady cross-border performance [2] - Cross-border transactions accounted for 15% of Shopify's total GMV in Q2 2025, with 4% of global GMV shipped under de minimis exemptions [2] - There have been no significant changes in GMV levels from merchants using China's de minimis exemption since regulatory shifts in May [3] - The cautious rating reflects the company's global commerce flows while awaiting clearer growth catalysts [3] Group 2 - Shopify provides tools for businesses to sell, manage, and scale across various channels, including online and offline, with integrated payments, shipping, and analytics [4] - While Shopify has potential as an investment, certain AI stocks are viewed as having greater upside potential and less downside risk [5]

Core Insights - Workday (NASDAQ: WDAY) is scheduled to report its earnings on August 21, 2025, with historical data indicating a 55% chance of a positive one-day return post-earnings, averaging a median gain of 9.1% [2][7] - The consensus for the upcoming quarter anticipates earnings per share of $2.11 on revenue of $2.34 billion, compared to $1.75 on $2.08 billion in the same quarter last year [3] - Workday's current market capitalization is $62 billion, with trailing twelve months revenue of $8.7 billion, an operating profit of $640 million, and net income of $487 million [4] Historical Performance - Over the last five years, Workday has had 20 earnings observations, resulting in 11 positive and 9 negative one-day moves, with a positive return occurring 55% of the time [7] - The likelihood of a positive return increases to 67% when focusing on the last three years, with a median of 9.1% for positive returns and -5.6% for negative returns [7] Trading Strategies - Event-driven traders can utilize historical patterns to inform their positions, assessing both pre-earnings and post-earnings strategies [6] - A correlation analysis between one-day, five-day, and twenty-one-day returns can help traders identify the best timing for trades following earnings announcements [8] Peer Influence - Workday's post-earnings reaction may be influenced by the earnings results of its peers, with pricing often adjusting before Workday's own report [9]