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Shopify (SHOP) spent most of 2026 as a falling knife, and then, in one session, it stopped falling. On August 5, the stock closed up 16.98% at $144.24, its reaction to a second-quarter report that beat on every line: revenue grew 34% to $3.58 billion, gross merchandise volume rose 32% to $116 billion, and free…

The software titan says artificial intelligence (AI) is more of an opportunity than a threat.

Samsung’s chip division experienced a 250-fold increase in profits, largely driven by high demand for AI hardware. Other companies like Palantir, Cloudflare, and Hon Hai also reported significant financial growth attributed to similar market demands.

Shares ofShopify(NASDAQ: SHOP) climbed nearly 30% this past week after the e-commerce leader issued an upbeat growth forecast.