New York, February 24, 2026, 05:37 EST — Premarket

• Shopify shares slid 7.1% Monday, marking their steepest single-day loss in weeks.
• Some traders chalked up the drop to a wider software selloff, blaming tariff jitters and fresh anxiety over AI-driven disruption.
• This week, investors are eyeing both the latest U.S. tariff developments and Nvidia’s results—another sentiment check for the markets.

Shopify Inc dropped 7.1% to finish at $117.28 on Monday, slipping to $115.88 at session lows, with investors moving out of software and other risk-heavy names. (Investing.com)

Wall Street’s broader risk-off tone found the S&P 500’s software basket down 4.3%, with investors zeroing in on potential losers as AI…