--- title: "U.S. stock market update: Shopify up 10.04%! Analysts upgrade ratings, concerns over operating expenses fail to hinder the upward trend" type: "News" locale: "en" url: "https://longbridge.com/en/news/293964773.md" description: "Shopify rose by 10.04%; Coreweave fell by 2.09%, with a transaction volume of USD 945 million; Snowflake rose by 1.76%, with a transaction volume of USD 694 million; CloudFlare rose by 1.42%, with a transaction volume of USD 342 million; Twilio rose by 1.61%, with a market capitalization of USD 29.5 billion" datetime: "2026-07-27T18:48:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293964773.md) - [en](https://longbridge.com/en/news/293964773.md) - [zh-HK](https://longbridge.com/zh-HK/news/293964773.md) generator: "portal-rs" --- # U.S. stock market update: Shopify up 10.04%! Analysts upgrade ratings, concerns over operating expenses fail to hinder the upward trend **U.S. Stock Market Midday Update** Shopify rose 10.04%, with increased trading volume. Based on recent key news: 1. On July 27, Hilltop Holdings reduced its stake by 62.2%, but Norges Bank and Sands Capital increased their holdings, indicating positive market sentiment. Analyst ratings are mixed, with Citigroup raising its target price to $150 and maintaining a buy rating, Zacks upgraded to strong buy, and Bank of America also set a target price of $150. 2. On July 27, despite previous large-scale layoffs, Shopify expects operating expenses to increase to a mid-to-high double-digit percentage next quarter, raising concerns about the company's ability to maintain sustained GAAP profitability while facing intensified platform competition. 3. On July 27, Shopify's stock price surged 8.11% during the day, currently reported at $122.97, having already risen 3.99% in pre-market trading, indicating positive market sentiment amid macroeconomic pressures and intensified platform competition. **Stocks with High Trading Volume in the Industry** Coreweave fell 2.09%. Based on recent key news: 1. On July 28, analyst McPeake believes that Meta's contract limits CoreWeave's GPU capacity resale, leading to a 35% sell-off viewed as an overreaction. CoreWeave has dropped 40% over the past year, while peers NBIS and IREN have risen 260% and 104%, respectively, indicating a disconnect with the new cloud computing industry. Source: 24/7 Wall St. 2. On July 27, Meta laid off employees in its Reality Labs division, shifting focus to AI, which may affect CoreWeave's market competitiveness. Meta plans to compete with major cloud computing companies that have ample resources and are willing to invest aggressively. Source: Bloomberg 3. On July 25, chip manufacturers such as Intel, TSMC, and ASML raised their earnings expectations due to revenue growth driven by AI, indicating sustained demand for advanced chips. CoreWeave is viewed as a high-growth AI infrastructure company with a large order book and aggressive expansion plans. Source: CNBC AI infrastructure investment risks are increasing, requiring caution. Snowflake rose 1.76%. Based on recent key news: 1. On July 25, the market rebound in late spring helped Snowflake stand out in the weak software industry. This rebound led to an increase in Snowflake's stock price, attracting investor attention. 2. On July 28, amid market volatility, funds are increasing their holdings in stocks including Snowflake. The influx of capital has driven up Snowflake's stock price, showing investor confidence in its future performance On July 26, despite Snowflake being rated "Moderate Buy" by analysts, top analysts believe there are other stocks that are more attractive. This rating did not prevent the stock price from rising, but it shows the market's cautious attitude towards its future performance. The software industry is overall performing weakly, with significant capital inflow. CloudFlare rose 1.42%. Based on recent key news: 1. On July 27, Cloudflare announced the launch of a new classification mechanism and business collaboration to enhance content exposure, efficiency, and monetization capabilities. This move will help website owners collaborate with AI companies, ensuring that creators are compensated when their content is used to generate answers, driving the stock price up. 2. On July 26, Bank of America raised Cloudflare's target price to $330, maintaining a "Buy" rating. Analysts are optimistic about its long-term growth prospects, expecting its revenue growth to remain above 20%, which will drive the stock price up. 3. On July 25, Cloudflare, along with several tech companies, signed an open letter calling for open-weight AI models. This move helps mobilize researchers to identify vulnerabilities and improve security measures, enhancing market confidence and driving the stock price up. The cybersecurity sector is experiencing valuation expansion, and AI applications are accelerating in popularity. **Stocks ranked among the top in industry market capitalization** Twilio rose 1.61%. Based on recent news: 1. On July 25, Twilio announced a high-profile joint project with GE Vernova. Although the company reported a net loss of $49.8 million in the first quarter of 2026, this collaboration has strengthened market confidence in its future growth, driving the stock price up. 2. On July 26, Twilio performed excellently in the service industry, with second-quarter revenue reaching $470.8 million, exceeding market expectations, alleviating the impact of the $3 million settlement related to cybersecurity vulnerabilities in 2024, further boosting the stock price. 3. On July 25, market interest in trading technology and macro themes increased, particularly through leveraged tools such as the Tradr 2X Long Innovation 100 Monthly ETF. Investors showed strong interest in the surge of the Nasdaq 100 index and the significant volatility caused by policy changes, indirectly driving Twilio's stock price up. 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