The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Aug 5, 2026
· 5 min read
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Shopify shares soar as AI efforts begin to pay off
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Shopify shares soar as AI efforts begin to pay off
OLIVIA GRANDY
PUBLISHED YESTERDAY
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Key takeaways
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Shopify’s share price jumped 16 per cent after second-quarter revenue rose 34 per cent year-over-year to US$3.6-billion, beating analyst estimates.
Growth was driven by AI tools attracting more merchants, including partnerships with OpenAI, Google and Microsoft to boost sales through chatbots and…
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