Chris Camillo on X
@VagabondInvests went long $SHOP today
NASDAQ
SHOP
5 stories
$212B Market cap · 2026-10-06
@VagabondInvests went long $SHOP today
Shopify posted 34% Q2 FY2026 revenue growth and $654 million in free cash flow as Shop Pay Installments expands to Australia, while trading…
$SHOP is down almost 15% in the last couple days on Agentic concerns. Per JPM: “We believe there are three key AI agent developments driving incremental concern: 1) Instinct, which remains in closed loop beta and handles features including email, calendar management, & select commerce transactions; 2) SPCX’s Grok Bot beta, which executes real work across apps & websites used by employees, w/bots operating app interfaces directly, retaining memory, and coordinating with one another; & 3) Meta Muse, powered by Muse Spark. Muse can execute daily tasks & select commerce transactions, w/payment infrastructure support from Link by Stripe, w/Shop Pay coming soon. Within emerging consumer AI agents, we view META as the most formidable across the agentic commerce stack given the company’s repository of data across tens of millions of advertisers & 3.5B+ DAPs, and Meta Muse’s leading price-performance value proposition.”
So Instinct killed $SHOP I guess? Even though Instinct has been out for weeks? Checks out
Shopify sustained 30% FX-neutral GMV growth in 2Q’26, reaching roughly 44% of Amazon’s retail GMV as international, POS and B2B volumes…
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