On Wednesday, Shopify raised its third-quarter revenue forecast above Wall Street’s expectations. The e-commerce giant’s latest AI-driven features and platform upgrades have sparked renewed demand from merchants, helping Shopify weather ongoing headwinds caused by tariff uncertainties that continue to pressure the broader retail sector. Shopify’s innovative business model has long been one of my favorites — a scalable, SaaS-powered platform that empowers entrepreneurs and enterprises alike to build and grow online stores seamlessly. This approach not only drives recurring revenue but also positions Shopify as a key enabler of the global shift toward digital commerce, which I believe holds massive long-term potential. That said, despite my enthusiasm for the company’s prospects, I’m holding
Shopify Lifts Guidance, 52-Week-High! Can AI Boost Stock to $170?
Shopify, forecast third-quarter revenue above market estimates on Wednesday, as its AI features and platform upgrades boosted demand for its e-commerce services despite tariff-related uncertainty pressuring retail businesses. The stock jumps 16% in premarket trading. -------------- Is the rally sustainable or not? How do you view Shopify?
+ Follow
+4