SHOP

Canada’s six major banks plan to launch a tokenized deposit system in Canadian dollars, aiming to streamline deposits and payments. The move could modernize how customers hold and transfer funds within the banking sector.

Morgan Stanley notes that consumer AI agents like Meta’s Muse may help call‑center and communications firms grow instead of replace them. The firm sees AI as a boost to existing services.

Shopify Inc. stock faces overvaluation and macro headwinds as AI headlines fade. Click for this updated look at SHOP stock as it embarks on its venture with META.

Shopify and Meta have partnered to add AI‑agent checkout via Shop Pay across all Shopify stores. The deal lets shoppers use Meta’s Muse to browse and buy directly on the platform.

Meta’s Muse AI agent is said to push agentic commerce beyond advertising, positioning the company ahead in the AI race.

Wedbush analyst Ygal Arounian maintains an Outperform rating for Shopify and keeps a $176 price target.

Meta's AI agent Muse split Wall Street on Tuesday: the Nasdaq and Nasdaq 100 closed at records on chip strength and Shopify's commerce tie-up, while banks and software sold off on Moody's refinancing warning and fears of AI disruption. Oil kept sliding as diplomacy at the UN took center stage.

Shopify’s share price has recovered after Meta’s Muse announcement, with a 7‑day return of 13.8% and a 90‑day return of 29.4%. The stock may still be trading below its perceived fair value.