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.
All Things Money Posts
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.
Apple’s stock stumbles as Chinese government workers face iPhone bans, denting the tech giant’s market value. Tensions between Washington and Beijing escalate in the midst of chip technology restrictions.
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