Market Update: Shopify Sales Surge, Microsoft Faces Lawsuit, South Korean Won Declines

Reported 1 day ago

Shopify reported record sales of $11.5 billion during the recent Thanksgiving shopping season, which includes Black Friday and Cyber Monday. Concurrently, Microsoft is facing a $1.27 billion lawsuit in the UK for allegedly overcharging customers utilizing competing services to its Azure platform. Meanwhile, the South Korean won has fallen to a two-year low following the president's declaration of emergency martial law, adversely affecting the iShares MSCI South Korea ETF.

Source: YAHOO

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