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Analysts at Needham lowered their price target for Workday to $180 from $300, while keeping a ‘Buy’ rating on the stock.
May 22 (Reuters) - Wall Street's main indexes opened higher on Friday with the Dow hitting an intraday record high as investors watched for progress in talks to end the nearly three-month Middle East
Comparable sales grew 0.6% but fewer customer transactions offset a stronger average ticket
The all-cash bid of €15.60 per share needs 80% of InPost shareholders to tender for the deal to close
Comparable store sales surged 17% in the first quarter, driving earnings per share to $2.02 — well above the company's own guidance of $1.60 to $1.67
(Bloomberg) -- With the highly-anticipated debut of SpaceX on the US stock market around the corner, euphoria for Elon Musk’s rocket venture is drawing comparisons to Tesla Inc.’s effect on electric-vehicle stocks. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s Toffee Gift to Mel
Broadcom is locked in a clash of titans with rival artificial intelligence chip giant Nvidia but seems to be holding its own as the member of Investor's Business Daily's Sector Leaders list hovers just below a buy point. As it awaits its second-quarter results, due June 3, Broadcom ended trading Thursday just below a cup base's pivot of 414.61 after recently scoring an all-time high, according to chart analysis tools on IBD's MarketSurge. In April, Broadcom scored a partnership with Google parent Alphabet.
The footwear company's full-year revenue reached $5.47 billion, with Hoka sales climbing 16% and international demand surging 27%
Workday shares jumped nearly 12% premarket on Friday after the enterprise software maker beat first-quarter revenue and profit estimates, easing concerns that AI rivals such as Anthropic could rapidly disrupt demand for traditional software vendors. Subscription revenue at the Pleasanton, California-based company jumped 14.3% to $2.35 billion, with net new business driving 40% of that growth, according to Chief Commercial Officer Rob Enslin. Workday, however, retained its annual subscription revenue forecast.
A consortium spearheaded by FedEx (NYSE:FDX) has put forward an approximately €7.8 billion (around $9.06 billion) acquisition proposal for Polish parcel locker firm InPost. The buyout proposal, initially announced in February and unanimously endorsed by InPost’s board, is anticipated to run from May 26 to July 27. Regulatory approvals for the transaction have already been obtained in China, Israel, Italy, Turkey, and Ukraine. The European Commission and Vietnam are expected to complete their rev
Freedom Broker upgraded Walmart to ‘Hold’ from ‘Sell’.
French company Alice & Bob has won funding from Nvidia's venture capital arm NVentures, it said on Friday, supporting its development of hardware to make quantum computing less error-prone at a time of surging interest in the technology. The company did not provide details on the size of the investment, which came just after the Trump administration said it would take $2 billion in equity stakes across nine quantum-computing companies, in a major push to secure U.S. leadership in the emerging technology. • Recent technological breakthroughs have deepened investor interest in quantum computing's potential to speed up tasks ranging from drug discovery to financial modelling and cryptography.
(Bloomberg) -- Australian burrito chain Guzman y Gomez Ltd. said it’s closing its Chicago restaurants and exiting the US after failing to generate adequate sales. The company’s shares soared.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De
Estee Lauder and Puig were in talks since March 2026.
Arqit Quantum Inc (ARQQ) reports significant revenue growth and strategic alliances, but faces increased operating losses and leadership transitions.
Investing.com -- Deckers Outdoor on Thursday projected FY27 annual sales and profit above Wall Street expectations, driven by sustained demand for its famous UGG boots and Hoka running shoes.
Nvidia's stock has soared 1,400% over five years.
Investing.com -- Workday on Thursday reported fiscal first-quarter results that exceeded analyst expectations, helped by strong demand for its AI-powered finance and human resources software services.
New federal quantum computing funding plans propelled this quantum specialist higher, today, May 21, 2026.
Estee Lauder shares jumped more than 11% after hours on news that talks for it to acquire the Spanish beauty group Puig have been terminated. Lauder, whose brands include Clinique, M.A.C and Bobbi Brown Cosmetics, said Thursday that it instead remains focused on its turnaround efforts.
Zoom stock rises after the video-calling company posted better-than-expected fiscal first-quarter earnings and raised its full-fiscal year guidance.
Workday (WDAY) delivered earnings and revenue surprises of +6.94% and +0.99%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
The discount retailer said it now expects comparable sales—or those from stores and digital channels operating for at least 12 months—to grow 6% to 7% in the current fiscal year, up from a prior outlook of up 3% to 4%.
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
Investing.com -- Zoom Video Communications Inc (NASDAQ:ZM) reported first quarter results that exceeded analyst expectations and issued stronger-than-expected guidance, sending shares up 3% in after-hours trading Thursday.
Investing.com -- Ross Stores Inc (NASDAQ:ROST) shares jumped 7% in after-hours trading Thursday after the off-price retailer reported first quarter results that significantly exceeded Wall Street expectations, driven by robust comparable store sales growth and strong customer traffic.
Workday stock climbed after the enterprise software maker reported Q1 earnings that beat estimates amid Wall Street's lowered expectations.
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