US stocks gyrated wildly this week. On Wednesday, the Federal Reserve increased interest rates by half a percentage point as expected, and signalled that additional hikes of similar magnitude are on the table if inflation continues to surge. Additionally, Fed Chairman Jerome Powell downplayed the likelihood of a three-quarter percentage point rate hike, which sparked a rally. The momentum was quickly reversed yesterday as investors digested the impact of the Fed’s rate hikes. The pullback was broad, with e-commerce stocks a key source of weakness following disappointing quarterly reports. Here are the week’s top headlines. Shopify sinks E-commerce software firm Shopify missed Wall Street’s estimates for revenue and profit in its earnings report for Q1 2022. Revenue growth was just 21% for the quarter, compared to 110% a year ago. Shopify posted a net loss of $1.5 billion in Q1 2022, compared to $1.3 billion net income earned during the same period last year....