Shopify stock down after missing Q4 estimates, revenue edges by views, guidance exceeds. Margin issue and AI disruption fears noted.
In the fourth quarter, Shopify reported earnings that were below estimates, with revenue slightly surpassing expectations. The e-commerce software company's stock saw a decline following these results, attributed to concerns over margins and disruptions caused by artificial intelligence technology. Despite missing Q4 earnings estimates, Shopify's revenue exceeded views and its guidance for the future exceeded expectations. This news was reported by Investor's Business Daily.
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