Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings call that generative artificial intelligence has been “a competing priority” for customers. Add it all up and it was a brutal week for software and … Read more
Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company’s offices in Bucharest, Romania, on Thursday, May 20, 2021. Andrei Pungovschi | Bloomberg | Getty Images UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder … Read more
Ark Invest’s Cathie Wood unveiled her highest conviction stock picks for 2024 as she winds down a banner year with her flagship fund soaring 70%. The innovation investor said her biotech darling CRISPR Therapeutics in the multiomics space has the potential to be her top performer next year. Multiomics involves using biological data from a … Read more
Co-founder and CEO of UiPath Daniel Dines speaks on stage at TechCrunch Disrupt Berlin 2019 at Arena Berlin in Berlin on Dec. 12, 2019. Noam Galai | Getty Images UiPath stock popped more than 26% on Friday, one day after the company released quarterly earnings that beat Wall Street’s top- and bottom-line expectations. The enterprise … Read more
