Shopify’s AI Investments And Cost Efficiencies Propel Return To Profitability
Before the market opened, Shopify’s stock price jumped 21% as Shopify’s AI investments and cost efficiencies propel return to profitability. Shopify earnings for the third quarter surpassed predictions, showing higher growth. The company reported a revenue of $1.71 billion, which is a 25% increase compared to the year prior, which exceeded the expected $1.67 billion. […]
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