US EditionWorkday's Stock Falls on Disappointing Guidance and Persistent Concerns About AI Threat - SiliconANGLE
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[Digital Daily Reporter Lee Anna] Workday, a global human resources (HR) software company, is accelerating its transition from a Software-as-a-Service (SaaS) company to an AI-based HR and finance platform through a series of acquisitions of artificial intelligence (AI) companies. However, its growth guidance released along with its second-quarter earnings announcement fell short of market expectations, coupled with a recent cyberattack, causing …
Workday's stock falls on disappointing guidance and persistent concerns about AI threat - SiliconANGLE
Workday Inc.’s stock came under pressure in late trading today after the company issued guidance for the current quarter merely in line with expectations, eroding whatever optimism was generated by its solid second-quarter earnings results. The company reported a profit before certain costs such as stock compensation of $2.21 per share, easing past Wall Street’s […] The post Workday’s stock falls on disappointing guidance and persistent concerns…
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