Shopify Inc (TSX:SH., NYSE:SHOP) said its merchants recorded a record $14.6 billion in sales over the Black Friday-Cyber Monday weekend, up 27% from a year earlier, as online shopping showed continued strength.
Cathie Wood bought shares of Robinhood Markets, Shopify, and Deere on Monday. Robinhood slipped as Bitcoin experienced its worst single-day decline since March.
What should have been a Cyber Monday victory lap for Shopify turned into a mid‑day nightmare as merchants worldwide lost access to their admin dashboards and point‑of‑sale systems on one of the busiest online shopping days of the year.
AI spending is moving into its next phase, and Wedbush analysts expect it will mark the start of a major monetization cycle beginning next year The analysts pointed to a pickup in deal activity across cloud providers, noting that around 20% of the AI-related projects it tracks at hyperscalers have sped up in recent weeks. “2026 will be another strong year for the tech trade with the AI Revoluti...
The outage at the e-commerce host interrupted transactions for merchants who use Shopify's technology to sell products online.
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