UiPath Swings to Profit as AI Automation Demand Surges
UiPath reports Q3 profit with 16% revenue growth to $411M, driven by healthcare and financial services adopting AI automation. ARR grows 11% to $1.78B.
UiPath reports Q3 profit with 16% revenue growth to $411M, driven by healthcare and financial services adopting AI automation. ARR grows 11% to $1.78B.
Snowflake reports 29% product revenue growth but Q4 operating margin guidance falls short of analyst estimates, raising AI profitability concerns.
Salesforce surpasses revenue forecasts with $11.2B guidance, driven by Agentforce AI adoption. Stock jumps 5% as company reports 9,500+ paid AI deals and strong bookings growth.
Archer Aviation announces plans for an air taxi network in the Miami area, offering 10-20 minute electric flights to skip notorious traffic, transforming regional travel.
Robotics stocks soar after reports that the Trump administration is preparing major support for the robotics industry, signaling a shift toward “physical AI” and advanced automation.
Uber's CEO is visiting important markets in Asia, and the company is speeding up its self-driving car partnerships and launches, including a new robotaxi service in Dallas.