Joshua Kushner's Thrive Capital reportedly invests USD 100mln in Shopify (SHOP), according to Bloomberg
Newsquawk Staff ·
Joshua Kushner's Thrive Capital reportedly invests USD 100mln in Shopify (SHOP), according to Bloomberg.
What it means
Joshua Kushner's Thrive Capital investing USD 100 million in Shopify indicates significant confidence in the company’s future growth potential. This move could signal a broader trend in the tech sector, attracting more investor interest or potentially driving up Shopify's stock price as the market digests this strategic endorsement.
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure
- Israeli helicopters flying in the sky of southern Syria, and continued transfer of military forces, equipment and deployment of early warning systems, are being carried out within the framework of preparation for a possible war with Iran, reports Mizan
- Russian Kremlin Aide Ushakov says the conflict in Ukraine is nearing an end, IFX reports
- Newsquawk European Market Wrap - 21st October 2026
- Russia's Kremlin says US envoy Witkoff briefed Russian President Putin on his talks is Oslo and new approaches, but nothing of real use in context of a peace settlement
Related headlines
- Canadian PM Carney is expected to announce tariff support measures for the steel and automotive sectors4 hours ago
- Russia's Envoy Dmitriev says Russian President Putin's call with US Special Envoy Witkoff was productive, TASS reports4 hours ago
- US President Trump posts "the U.K. has started drilling in the North Sea, one of the greatest and most prosperous areas of OIL in the World. They should go FULL BLAST!"5 hours ago
- Meta (META) must pay USD 25bln in penalties, a New Mexico judge ruled after jury found company misled consumers about privacy27 min ago
- Leidos (LDOS) has been selected by US Cyber Command for full-spectrum cyber operations, a contract valued at USD 160mln4 hours ago
- Abbott Laboratories (ABT) Q3 2026 (USD): Adj. EPS 1.42 (exp. 1.42), Revenue 13.0bln (exp. 12.99bln)6 hours ago
- Abbott (ABT) announced its intention to separate its Nutrition business into an independent, publicly traded company with approximately USD 8.5bln in annual sales and a portfolio of brands6 hours ago
- CME Group Inc. (CME) Q3 2026 (USD): Adj. EPS 3.02 (exp. 2.98), Revenue 1.7bln (exp. 1.71bln)6 hours ago
- Moody's (MCO) Q3 2026 (USD): Adj. EPS 4.14 (exp. 4.24), Revenue 2.023bln (exp. 2.07bln)6 hours ago
- [Rolling headline]: Nvidia (NVDA) CEO delivering a keynote speech and has announced a raft of partnerships5 hours ago
- US EQUITY OPEN: Indices in the green underpinned by SPCX & SMCI as Mag-7 earnings await after-hours 3 hours ago
- Newsquawk Daily US Earnings Estimates - 22nd October 2026: BX, LMT, VLO, PG, UNP, WDC, NEM, SPOT1 hour ago
- US Treasury sells USD 13bln of 20-year bonds; tails 0.9bps43 min ago
- Auction History: US Treasury to sell USD 13bln of 20-year bonds on 21st October; to settle on 22nd October1 hour ago
- Newsquawk Daily US Equity Opening News - SMCI raises outlook; SPCX up after results, NFLX down on weak guidance5 hours ago