Shopify's Fundamentals Remain Strong Amid Market Retreat.

Shopify's Q2 earnings report smashed expectations with revenue growth accelerating across the board, and the company returning to profitability. Despite a recent dip, analysts remain supportive with a Buy rating from Citigroup and bullish commentary from Evercore ISI and KeyCorp. The broader market environment supports Shopify's bull case, with equities in risk-on mode. The retreat looks like post-earnings profit-taking, and fundamentals are intact, making this an excellent entry opportunity.