Shopify stock slips on light guidance, company notes tariff 'uncertainty'
1. Shopify's Q1 results showed mixed performance, with shares dropping over 5%. 2. Revenue for Q1 was $2.36 billion, exceeding expectations of $2.33 billion. 3. Second-quarter guidance predicts lower growth rates, causing investor concerns. 4. Shopify has limited exposure to Chinese tariffs, affecting its merchant base. 5. New 'buy local' feature introduced to mitigate impacts from trade policies.