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The U.S. economy got more efficient last quarter. Nonfarm productivity, which measures hourly output per employee, rose at a 1.4% annualized pace in the second quarter.

Shopify, the Ottawa-based e-commerce software firm, had been having a rough stretch. Heading into Tuesday’s close, the stock was down 23% year to date.

E-commerce platform Shopify (NASDAQ:SHOP) reported Q2 CY2026 results exceeding the market’s revenue expectations , with sales up 33.7% year on year to $3.58 billion. Its GAAP profit of $1.16 per share was significantly above analysts’ consensus estimates.