Software Stocks Plunge as Amazon’s New AI Agent Sparks Disruption Fears
Software stocks (IGV) dropped 4.3% after Amazon revealed it’s building AI agents to automate sales, cybersecurity and networking jobs.
Software stocks (IGV) dropped 4.3% after Amazon revealed it’s building AI agents to automate sales, cybersecurity and networking jobs.
UiPath (PATH) crushed Q4 expectations with 14% revenue growth and record profit, yet shares fell 6.5% after softer FY2027 guidance. CEO explains why AI won’t kill automation software.
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 and OpenAI join forces to put ChatGPT into company systems. This makes AI agents easier to build and manage, helping businesses see results faster.