Shopify's Explosive Earnings Draw Attention Toward Direxion's SHOP-Centric Bull, Bear ETFs

1. Shopify beat earnings expectations with EPS of 35 cents, up 40%. 2. Revenue reached $2.68 billion, exceeding forecasted $2.55 billion. 3. Analysts reaffirmed 'Buy' ratings; JMP raised target to $185. 4. Concerns remain about Shopify's high valuation and declining profit margins. 5. Broader economic signals may affect Shopify's future performance.