🟢 Shopify Inc is trading 4.1% up today after a $3 billion buyback expansion

Shopify Inc is trading 4.08% up at $117.55 after announcing a $3 billion increase to its share repurchase program.

• The expansion brings the total repurchase authorization to $5 billion, signaling strong management confidence in the company's valuation.
• Positive sentiment is also building around the company's AI-integrated channels and upcoming earnings expectations.
• The stock's gains appear to be company-specific as broader market indices remain mixed.