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.
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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.
Workday exceeded Wall Street expectations for first-quarter revenue and profit on Thursday, as demand for its AI-powered finance and human resources software services gathered pace, sending its shares up 7% in extended trading. The company, which specializes in HR and payroll software, has been adding AI features across its platform, betting that tools to automate tasks, generate job descriptions, or analyze spending patterns will drive customer adoption and deepen usage. "Our focus remains on executing our agentic AI roadmap, while driving operational efficiencies as we scale," Chief Financial Officer Zane Rowe said in a statement.
Apple stock is on the rise. Here's why you may want to wait before buying this Magnificent Seven stock, despite recent strength.
There is a moment in every market cycle when a single number stops being a number and becomes a verdict. For me, that moment hinges on two things in 2026: When the Federal Reserve speaks and, more specifically, right now, when Nvidia (NVDA) reports earnings as it did on May 20. For two years, when ...
Quantum sector ignites on $2B federal backing aimed at beating China in tech race
May 21 () - The Trump administration is ramping up efforts to secure U. supply chains for critical minerals and semiconductors by converting federal grants for companies into equity stakes, aimed at reducing reliance on China.
INTU tops Q3 estimates as TurboTax, Credit Karma and QuickBooks Online fuel growth, prompting higher fiscal 2026 guidance.
Investing.com - Enphase Energy Inc (NASDAQ:ENPH) shares rose 14% Thursday and gained 26% for the week as investors positioned into the stock amid data center energy demand. The company has been developing solid-state transformers.
Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.