Shopify Q4 Earnings Due as January CPI Jumps 0.3% and PPI Rises 0.1%
US January consumer prices climbed 0.3% month-over-month while January producer prices rose 0.1%, and Federal Reserve minutes are due Feb. 13. Shopify will report Q4 revenue and earnings alongside names like Tesla and Home Depot, making this week’s macroeconomic releases critical for e-commerce stocks.
1. Key Macroeconomic Releases
On Feb. 11, the Bureau of Labor Statistics will publish January’s Producer Price Index, showing a 0.1% increase. Two days later, Feb. 13, the January Consumer Price Index release—up 0.3% on the month—will provide fresh insight into inflation trends ahead of upcoming rate decisions.
2. Federal Reserve Minutes
The Fed’s Jan. 31–Feb. 1 meeting minutes, due Feb. 13, will reveal policymakers’ views on recent inflation data and potential future rate moves, creating volatility for interest-rate–sensitive sectors.
3. Shopify Q4 Earnings Preview
Shopify is scheduled to announce Q4 revenue and earnings this week, with investors watching gross merchandise volume trends and subscription revenue growth. Comparisons to Tesla, Home Depot, and other large-cap reports will shape sector rotation into e-commerce names.