Shopify stock set for Monday test after Google AI shopping protocol reveal
Shopify and Google announced a new “Universal Commerce Protocol” on Sunday, enabling AI agents to complete purchases inside chat tools like Google Search’s AI Mode and Gemini. Shopify shares closed down 2.26% at $164.48 on Friday, despite the S&P 500 hitting a record high. Google CEO Sundar Pichai said the protocol is open and backed by major retailers. Traders await Monday’s open and U.S. inflation data on Tuesday.