Shopify is trading higher today, building on momentum from the recent debut of its AI-powered Canvas tool, which allows merchants to build online stores through conversational prompts. This follows positive sentiment from analysts regarding the company's long-term growth prospects, including a Jefferies report from earlier this week suggesting that new money transmitter licenses could boost operating income by 5% in 2028. The stock's performance also aligns with broader gains in the technology sector, as peers like Alphabet and Amazon are similarly trading in the green.