Shopify projects a mid-to-high twenties percent increase in current-quarter revenue, surpassing expectations. The e-commerce software provider reported better-than-expected profit and sales due to GMV growth and minimal tariff impact. Shares surged 20%, reaching an all-time high. Year-over-year revenue rose 31% to $2.68 billion, with GMV exceeding $87.84 billion. Europe showed significant GMV growth of 42%. Shopify’s CFO noted that the company surpassed its own expectations, as tariff impacts did not materialize. Year-to-date, Shopify shares are up over 40%.

Read more at Yahoo Finance: Shopify Stock Trades Near Record High as Tariff Impact ‘Did Not Materialize’