🔴 Shopify is trading 3.65% down as AI spending concerns weigh on Canadian tech

Shopify is trading 3.65% down at CA$235.99, with a broad risk-off session weighing on Canadian technology stocks.

• Reuters reported Canadian tech stocks declined 1.5% as concerns about AI spending weighed on the sector.
• The TSX was down 0.8% in morning trading; late-morning coverage also reported declines across Canadian equities, including technology and other sectors.
• No confirmed company-specific catalyst was identified in available coverage.