Core Updates on Shopify and Take-Two Interactive
Shopify (NASDAQ: SHOP) reported a cumulative return of 4,000% over the past decade, with a 40% increase in stock value year-to-date. The company posted a 31% year-over-year revenue growth in Q2, bringing its free cash flow to $1.8 billion, marking a 16% margin relative to revenue. Notably, three-quarters of its revenue now comes from its merchant solutions, bolstered by new AI tools that facilitate business setup and management.
Take-Two Interactive (NASDAQ: TTWO) has seen its stock increase over 600% in the last ten years, driven largely by the successful release of Grand Theft Auto V. For fiscal 2026, net bookings grew by 17% year-over-year to $1.4 billion. Anticipation for the release of Grand Theft Auto VI in May 2026 is expected to drive record bookings, with estimates surpassing $9 billion for fiscal 2027, up from $5.6 billion reported for fiscal 2025.
