Shopify (SHOP) is to layoff 20% of employees. Renita Young discusses this as SHOP released its earnings today, May 4th. SHOP announces the sale of its logistics arm to Flexport. She also talks about how SHOP's 1Q sales were up 25% year-over-year. She then goes over how Microsoft (MSFT) is financing AMD Inc.'s (AMD) expansion into A.I. processors. AMD is working on alternative to Nvidia (NVDA) A.I processors. Tune in to find out more about the stock market today.
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