Shopify Stock Trades Near Record High as Tariff Impact 'Did Not Materialize'
1. Shopify's Q2 revenue rose 31% to $2.68 billion, exceeding forecasts. 2. Gross merchandise value (GMV) increased over 30% to $87.84 billion. 3. Current-quarter revenue growth expected in the mid-to-high twenties percent range. 4. Shopify shares surged 20%, reaching an all-time high. 5. Strong growth noted particularly in European markets, with 42% GMV growth.