UiPath sees an 11% stock surge as its revenue jumps 19%, thanks to high demand for AI software. The company raises its full-year revenue and operating profit estimates, and introduces a $500 million share repurchase program until March 2025.
Author: Pavlos
Hey — It’s Pavlos. Just another human sharing my thoughts on all things money. Nothing more, nothing less.
C3.ai, an AI software firm, revises its profitability outlook, prompting a 12% drop in share prices. The company plans to invest more heavily in generative AI solutions amidst a thriving AI landscape.
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