Shopify's stock soared following the release of strong second-quarter financial results. The e-commerce giant outperformed analyst projections in terms of revenue and gross merchandise volume, mitigating concerns about the effects of artificial intelligence on service demand.

Aug 5 - Canada's Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company's AI efforts were drawing more merchants to its…

Aug 5 : Shopify issued a rosy third-quarter forecast on Wednesday as the company's AI efforts draw more merchants to its suite of e-commerce services, assuaging fears over growing…