Shopify Revenue and Gross Merchandise Volume Miss Street Views
Shopify's third-quarter revenue and gross merchandise volume missed Street views.
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03:47:48 PM UTC
SquawkNews
By Adriano MarcheseShopify's third-quarter results and holiday guidance signaled mounting cost pressure from artificial-intelligence compute and infrastructure buildout costs.The ecommerce platform on Tuesday forecasted fourth-quarter gross profit growth to slip into the high twenties, trailing pro…