Ark's Cathie Wood Blasts Big Tech. She Prefers Palantir and These Other Stocks.
Cathie Wood's flagship ARK Innovation exchange-traded fund is 72% below its peak while the S&P 500 is hitting all-time highs.
Cathie Wood Touts Palantir, Coinbase And Roku As ARK's Flagship Fund Shifts Focus From Mag 6 Amid 'Whiff' Of Lower Interest Rates
In a recent letter to investors, Cathie Wood, the CEO of ARK Invest, highlighted the potential of the company's flagship fund, ARK Innovation ETF (NYSE:ARKK), despite its recent underperformance.
Maintaining Hold on UiPath Amidst Organizational Changes and Market Uncertainties
UiPath Stock Falls 7% On Plan To Cut 10% Of Workforce
UiPath announces plan to lay off 10%, aiming to streamline the company's structure.
On July 10th, Gelunhui reported that UiPath, an automation software company, stated in its filing with the US Securities and Exchange Commission (SEC) that as part of a broader restructuring plan, the company will lay off 10%, or about 420 jobs. Most of the layoffs will be implemented at the end of the first quarter of the 2026 fiscal year. UiPath expects the cost related to the layoffs to be between $15 million and $20 million, and the total restructuring costs to be between $17 million and $25 million. In its statement, UiPath said that these changes reflect efforts to reshape the organizational structure by streamlining the company's structure, especially.
A Quick Look at Today's Ratings for UiPath(PATH.US), With a Forecast Between $13 to $16
On Jul 10, major Wall Street analysts update their ratings for $UiPath(PATH.US)$, with price targets ranging from $13 to $16.BofA Securities analyst Bradley Sills downgrades to a hold rating, and
Daily short sale tracking: Intel's short volume increased by 8 million, with a short sale ratio of 18%
Intel(INTC.US) ranked top of the list had the largest change in short volume (8.08 million shares), and the short volume ratio of Old National Bancorp(ONB.US) reached 41.43%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Scotiabank Remains a Hold on UiPath (PATH)
Maintaining Hold on UiPath Amid Workforce Reduction and Growth Concerns
Barclays Sticks to Their Hold Rating for UiPath (PATH)
UiPath (PATH.US) announced a restructuring plan: it will cut 10% of its workforce to respond to the market cap slump.
As part of a wider restructuring plan, UiPath (PATH.US) will lay off 10%, or approximately 420 jobs.
UiPath to Lay off 10% of Workforce in Companywide Restructuring
Software developer UiPath will cut 10% of its workforce, or about 420 jobs, as part of a broader company restructuring. UiPath shares fell 7% on Tuesday and have plunged more than 50% year-to-date. In May, UiPath announced that CEO Rob Enslin was resigning effective June 1, and would be replaced by co-founder Daniel Dines, who had stepped down as co-CEO in January.
Top Midday Decliners
Helen of Troy (HELE) plunged more than 27% in recent trading Tuesday after the consumer products company reported lower-than-expected financial results for its Q1 ended May 31 and cut its fiscal 2025
Sector Update: Tech Stocks Slipping Tuesday Afternoon
Tech stocks fell Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.4% and the SPDR S&P Semiconductor ETF (XSD) dropping 0.9.The Philadelphia Semiconductor index shed 0.6
Sector Update: Tech
Tech stocks were declining Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.4% and the SPDR S&P Semiconductor ETF (XSD) falling 1%.The Philadelphia Semiconductor
UiPath Cuts 10% of Workforce. The Stock Is Falling. -- Barrons.com
By Angela Palumbo UiPath stock was falling Tuesday after the software company announced it is cutting 10% of its global workforce. UiPath said in a filing with the Securities and Exchange Commission
Why Helen of Troy Shares Are Trading Lower By Around 30%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Shares of Helen of Troy Limited (NASDAQ:HELE) fell sharply during Tuesday's session after the company reported soft first-quarter earnings and lowered its FY25 guidance.
Stocks Making the Biggest Moves Midday: Nvidia, Corning, Helen of Troy, UiPath and More
These are the stocks posting the largest moves in midday trading.
Why UiPath Stock Sank Today
Why UiPath (PATH) Shares Are Getting Obliterated Today