Shutthiphong ChandaengWhat do bots say about Path’s consistent growth? As many have observed, the last two years in the market have been a period in which stocks fell consistently for months, and then rose quite sharply, albeit not in a straight line. Depending on what ETF a reader might look at, the change over 2 years has been small, with the QQQ and the IGV ETFs up about 10% due to the weighting of the magnificent seven, while the Wisdom Tree Cloud ETF (WCLD) is still down more than 30% from its leve ...

Shares of robotic process automation software platform UiPath (PATH 0.18%) rallied 25.7% in December, according to data from S&P Global Market Intelligence.The automation software company reported a stronger-than-expected result for its fiscal third quarter on Nov. 30, propelling the company to strong December gains. While some have questioned whether artificial intelligence (AI) would help or hurt UiPath, it appears that, at least as of today, UiPath is reaping benefits.Solid ARR growth defies expectations ...

Cathie Wood is well-known for investing in “Disruptive Innovation” through her ARK Invest family of exchange-traded funds (ETFs) that manage roughly $14 billion worth of assets. The term Disruptive Innovation means “any situation in which an industry is shaken up and previously successful incumbents stumble,” and the term’s origin can be found in a 1995 Harvard Business Review article.Wood’s recipe of success has been investments in large-cap as well as small-cap companies primarily offering disruptive tech ...

David GyungUiPath (NYSE:PATH) had a fantastic change in fortunes in 2023 after some people began losing faith in the company in 2022 amid slowing revenue growth and analysts' downgrades. Still, even after its 96.6% rise from the beginning of 2023 to December 28, 2023, the stock was down 70% from its all-time high of $85.12 on May 24, 2021. Data by YChartsSo, you might want to know whether the company is a buy headed into 2024. This article will explain what services UiPath provides to the marketplace, l ...

Most investors understand that artificial intelligence (AI) stocks will play a vital role in the market over the next few years. However, many aren't in tune with which ones are slated to provide strong returns. By tracking funds focusing on this technology, investors can gain insight into a few possible winners.Cathie Wood's Ark Invest is one of the most popular funds to track. Its portfolio is full of fantastic ideas, but my personal favorite is its second-largest holding: UiPath (PATH). I've bought multi ...

Cathie Wood is a big believer in the potential for artificial intelligence (AI) to completely disrupt the way businesses operate. That's why some of the biggest holdings in her Ark Invest funds are focused on AI and various enterprise applications for the technology.Her and her team's favorite artificial intelligence stock of late is UiPath (PATH 0.63%). The stock shows up in all six of Ark Invest's active exchange-traded funds (ETFs). However, after a strong run in the stock price, the funds are cutting do ...

UiPath Inc. (NYSE:PATH) Barclays Global Technology Conference Call December 6, 2023 11:05 AM ET Company Participants Ashim Gupta - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow All right. Okay. 8:06, I think, we better start. Ashim, thanks for joining us. First session for the conference, so no pressure on kind of being -- performing here from us. It's great to have you back. It's kind of funny, last time, we both lived in Connecticut, so why are we flying all ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________ FORM 10-Q ___________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-40348 _____________ ...

UiPath Inc. (NYSE:PATH) Q3 2024 Earnings Conference Call November 30, 2023 5:00 PM ET Company Participants Kelsey Turcotte - Senior Vice President, Investor Relations Rob Enslin - Co-Chief Executive Officer Daniel Dines - Co-Founder and Co-Chief Executive Officer Ashim Gupta - Chief Financial Officer Conference Call Participants Theodor Thun - Morgan Stanley Mark Murphy - JPMorgan Chirag Ved - Evercore ISI Brad Sills - Bank of America Raimo Lenschow - Barclays Terry Tillman - Truist Securities Fred Havemeye ...

3Q FY 2024 Earnings Supplemental Slides Statements we make in this presentation may include statements which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, which are usually identified by the use of words such as "anticipates," "believes," "estimates," "expects," "intends," "may," "plans," "possible," "projects," "outlook," "seeks," "should," "will," and variations of such words or similar expressions, including the neg ...