A number of stocks jumped in the afternoon session after the software sector caught a massive tailwind, fueled by easing geopolitical tensions and a fresh wave of AI-driven M&A.
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While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Investors took profits in high-flying chip stocks and rotated into beaten-down software names, while also seeking the relative safety of defensive sectors such as energy and financials.
Workday (WDAY) concluded the recent trading session at $160.34, signifying a +1.41% move from its prior day's close.
Workday (WDAY) concluded the recent trading session at $160.34, signifying a +1.41% move from its prior day's close.
Workday (WDAY) concluded the recent trading session at $158.11, signifying a -5.89% move from its prior day's close.
EarnIn recently announced it will integrate its earnings management tools into Workday’s Enhanced Direct Deposit Switching platform, aiming to streamline payroll enrollment and improve data integrity for employees of Workday payroll customers starting October 1, 2026. This partnership could strengthen Workday’s appeal to enterprises by adding employee-focused financial wellness features that enhance the broader value of its HR and payroll ecosystem. We’ll now examine how integrating EarnIn’s...
ServiceNow has shed nearly half its value in a year while its AI platform racks up billion-dollar milestones, and one major analyst thinks the gap between where shares trade today and where they belong is far wider than Wall Street admits.
Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?
Workday (WDAY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Insperity (NYSE:NSP) reported second-quarter 2026 adjusted earnings per share of $0.34 and adjusted EBITDA of $36 million, exceeding the midpoint of its projected ranges. Adjusted EPS rose 31% from a year earlier, while adjusted EBITDA increased 13%, as the professional employer organization continu
ASGN (NYSE:EFOR), reporting its first quarterly results under the Everforth name, said second-quarter revenue exceeded $1 billion and adjusted EBITDA margin reached 9.6%, with both measures surpassing the high end of its guidance range. Chief Executive Officer Ted Hanson said the performance reflec
The market has been spooked by concerns of tech giants’ ballooning spending and signs that China may be catching up in the AI arms race. Asian chip stocks plunged, sending South Korea’s Kospi index 10% lower and Japan’s Nikkei down 4%. The worst-hit American names included memory makers Sandisk which fell another 14%, and Micron, which shed 8.9%.
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.32%. September E-mini S&P futures (ESU26 ) rose +0.02%, and September E-mini Nasdaq futures...
All three major indexes were lower than they started today's trading session, and chip stocks were leading the march lower. The Nasdaq was down 0.6% while the S&P 500 fell 0.3%, a reversal from early gains. The Dow was up, 0.2% or 89 points.
Workday is set to post its second-quarter results soon, and analysts predict a double-digit increase in the company’s bottom-line figure.
ServiceNow just posted a blowout quarter with AI deployments scaling at a pace no enterprise software company has matched, yet the stock sits 50% below where it traded a year ago. Something about that gap does not add up.
Salesforce, Atlassian and Workday have rebounded as AI-driven growth metrics and recent business performance shift attention from earlier concerns.
Many software stocks have faced a harsh 2026 overall, but action over the last month for these three has provided nice relief while also easing some fears. Did sentiment get too negative?
First it was IBM and now Pegasystems is also reporting that customers are changing purchasing decisions as the AI market evolves.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.48%. September E-mini S&P futures (ESU26 ) are down -0.10%, and September E-mini Nasdaq futures...
Find insight on software company stocks, cybersecurity services and more in the latest Market Talks covering technology, media and telecom.
Shares of enterprise software company Workday (NASDAQ:WDAY) fell 2.5% in the morning session after two Wall Street firms issued bearish calls, highlighted by Morgan Stanley downgrading the stock from Equal Weight to Underweight. The firm slashed its price target from $185 to $145. Analysts argued that the pace of AI-driven growth would be gradual, creating an uncertain growth and margin outlook. Morgan Stanley noted that growth deceleration was more persistent than the market priced in, with the
The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.58%. September E-mini S&P futures (ESU26 ) are up +0.62%, and September E-mini Nasdaq futures...