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The software slowdown continues, as Workday’s stock falls after earnings spook Wall Street
Workday Inc.’s second-quarter earnings beat wasn’t enough to assuage investor fears about an ongoing downturn in the software industry. Workday reported earnings per share of $2.21 late Thursday, ...
Monday - Friday, 6:00 - 7:00 PM ET Workday CEO Carl Eschenbach told CNBC's Jim Cramer on Wednesday that the rise of artificial intelligence is positive for his company. "For some people, AI may be a ...
Workday (WDAY) trades at half its historical multiple despite strong retention, free cash flow and AI monetization—see why the selloff may be overdone.
Investors have grown more concerned in recent weeks that AI models could end up causing major disruption for software-as-a-service companies like Workday in the coming years, or possibly even months.
Disappointing guidance for the current quarter weighed heavily on Workday Inc.’s stock, which fell sharply in after-hours trading today, even though the company beat forecasts with strong ...
Workday CEO Aneel Bhusri sought to claim investor concerns about the rise of AI-powered ‘agentic’ apps, telling analysts that Human Resources software providers like Workday remain essential. “No ...
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Workday CEO Carl Eschenbach called concerns that artificial intelligence is destroying software "overblown" on CNBC's "Squawk Box." The boom in AI models that can write code cheaper and quicker has ...
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