Grab Beats: Can Shopify's AI Commerce Infrastructure Deliver?
Ride-hail and delivery giant Grab posted a sharp Q1 profit surge, with net income hitting $120M versus $10M a year earlier, driven by robust consumer demand including financial services. Shopify's key metrics to watch are merchant GMV growth and Payments penetration, with AI tool Sidekick's ability to reduce merchant churn a focal point for institutional investors. Can Shopify's AI infrastructure investment translate into quantifiable revenue acceleration this quarter — and what's your read on both earnings?