A rising tide lifts all ships, and a bull market is lifting stocks today. The S&P 500 is up year to date, and the stock market minted its first $4 trillion company last week as powerhouse Nvidia keeps climbing.
Many stocks that plunged in April when tariff raises were announced are rising, driving the market’s gains. Shares of e-commerce giant Shopify (NASDAQ: SHOP) are up 19% since May 1. The stock has gone through many ups and downs over the past few years, and the market now clearly sees opportunity here.
Let’s see what’s happening at Shopify and whether investing in it today can help make you a millionaire.