One of the reasons Amazon (NASDAQ: AMZN) has carved out such an edge for itself is that the online giant has increasingly invested in its network of fulfillment and distribution centers. Walmart's latest offering is called GoLocal, and its goal is to move local products quickly so they arrive at customers' doors at rapid speed. Rather, the big-box giant will be teaming up with a number of national retailers to grow a large network of partnerships, all in an effort to deliver competitively priced products to customers. Read More...
Motley Fool
Why UiPath Stock Dropped Today
Shares of UiPath (NYSE: PATH) fell 9.6% on Wednesday, following the release of the automation software leader’s fiscal 2022 second-quarter results. UiPath’s customer base grew to over 9,100 by the end of the second quarter, up from roughly 8,500 in the first quarter. In turn, UiPath’s annualized renewal run-rate (ARR), a key metric for software companies that essentially estimates subscription-based revenue for the coming year, soared 60% to $726.5 million.
