Core Insights - Workday has launched a global developer network aimed at enhancing AI talent through access to tools, training, and certification [1][2] - Google Cloud has joined Workday Data Cloud, providing customers with secure, zero-copy access to HR and finance data for AI-driven insights [1][6] Developer Network and Training - The global developer network will allow a wider community to develop, certify, and apply Workday skills, facilitating hands-on experience in building AI-powered solutions [2][3] - Partnerships with universities and staffing firms will provide dedicated training paths and certifications, preparing learners for roles in the Workday Economy [3][4] Certification and Talent Connection - Developers completing the program will receive a Workday Pro Developer Certification and be listed in the Workday Talent Directory, connecting them with potential employers [4][5] Google BigQuery Partnership - The integration of Google BigQuery with Workday Data Cloud enhances customer flexibility in analyzing and activating Workday data [5][7] - Customers will benefit from direct access to Workday HR and finance data within Google Cloud, enabling predictive modeling without complex integrations [6][8] Planned Acquisition of Pipedream - Workday's planned acquisition of Pipedream aims to expand its open ecosystem, providing an integration platform for AI agents with over 3,000 pre-built connectors [9][10] - This acquisition, along with others, will enhance the ability to connect Workday data with external systems, fostering innovation across the platform [10][11] Availability Timeline - The global developer network is set to launch in early 2026, with the Workday Data Cloud available to early adopters in the first half of 2026 [12]

Core Insights - Workday has announced a definitive agreement to acquire Pipedream, an integration platform for AI agents, which will enhance Workday's capabilities by connecting its HR and finance data to over 3,000 business applications [1][4][9] Group 1: Acquisition Details - The acquisition aims to strengthen Workday's platform by enabling AI agents to initiate workflows, pull data, and execute tasks across Workday and third-party systems [1][2] - The transaction is expected to close in the fourth quarter of Workday's fiscal year 2026, ending January 31, 2026, pending the satisfaction of closing conditions [9] Group 2: Benefits of the Acquisition - With Pipedream, Workday will extend its AI capabilities to thousands of applications, allowing customers to integrate information and workflows directly into Workday [2][4] - The acquisition will enable AI agents to securely connect to major enterprise systems, enhancing their ability to retrieve data and execute tasks [4][5] Group 3: Strategic Vision - Workday is developing an end-to-end platform for building AI agents that can understand a company's full business context and drive meaningful results [5][6] - The integration of Pipedream, along with previous acquisitions, supports Workday's vision of actionable AI by unifying intelligence, orchestration, and connectivity [5][6] Group 4: Community and Innovation - Pipedream's active builder community will facilitate the creation of new connectors, enhancing the capabilities of AI agents and promoting innovation within the Workday platform [7]

Core Insights - TMA Systems has launched a Workday Design Approved Integration, connecting WebTMA with Workday Financial Management to enhance data-driven decision-making [1][6] - The integration provides a unified source of truth for labor, cost, and asset data, streamlining operations and eliminating manual entry [2][6] - TMA Systems aims to empower organizations by providing real-time insights into financial and operational performance, which is already benefiting higher education institutions [3][6] Company Overview - TMA Systems has over 30 years of experience in delivering maintenance management software, focusing on asset and facilities management [4] - The company has completed six acquisitions since 2021, including the recent acquisition of Virtual Facility, an AI-driven alarm intelligence company [7][8] - TMA Systems serves various sectors, including education, healthcare, government, and corporate, aiming to reduce downtime and control costs [4][7]

Core Insights - Workday, Inc (NASDAQ:WDAY) demonstrates strong deal momentum, particularly in commercial, healthcare, and financial services sectors, leading to a maintained Buy rating with a price target of $265 [1][2]. Group 1: Financial Performance - The analyst projects a 16.5% growth in current remaining performance obligation (cRPO) for the third quarter, with a similar expectation of 15.5% growth for the fourth quarter year-over-year [3]. - Anticipated margins for the third quarter and fiscal 2026 are 28% and 28.9%, respectively, with expectations of a beat-and-raise quarter as the company aims for a 35% operating margin by fiscal 2028 [3][4]. Group 2: Market Trends and Demand - There is a noted increase in demand for human capital management (HCM) solutions, including add-on products like Extend and talent-acquisition tools, alongside improving trends in Europe [2][4]. - The company is expected to achieve solid free cash flow growth, alleviating earlier investor concerns regarding AI disruption and growth targets [4][5]. Group 3: Long-term Outlook - Workday's updated long-term goals of 12% to 15% revenue growth and 35% margins support a credible free cash flow growth model, with potential for multiple expansion as the stock trades at 14 times calendar 2027 free cash flow [5]. - The company is positioned for healthy growth through international expansion, mid-market wins, and platform deals, which are expected to enhance investor confidence [6].

Core Insights - Billionaire investor Ray Dalio's Bridgewater Associates has made significant adjustments to its equity holdings in Q3 2025, indicating a strategic shift in investment focus [1][3][6] Group 1: Portfolio Adjustments - The fund has aggressively reduced its stakes in major technology companies, cutting its position in Meta by nearly 50%, Nvidia by over 65%, Alphabet by 52%, and Microsoft by 36% [1][2] - Other large-cap positions such as Uber, PayPal, Comcast, Wells Fargo, and Citigroup were also reduced, reflecting a broader pullback from large-cap tech and financial sectors [2] Group 2: Increased Holdings - Bridgewater has significantly increased its investments in select growth opportunities, raising its stake in Sea Limited by over 83%, Mastercard by 190%, Workday by 131%, Regeneron by 164%, and AMD by 2% [2][3] - The filing also introduced two new positions in Fiserv and Reddit, indicating an interest in digital payments infrastructure and the social-media-to-advertising ecosystem [3] Group 3: Global Market Strategy - The firm has raised its allocation to emerging markets and international funds, increasing its stake in South Korea's EWY fund by 25%, adding 34% to its VWO emerging-markets ETF, and lifting its S&P 500 tracker IVV by over 75% [4] Group 4: Economic Concerns - Dalio has expressed concerns about the U.S. economy nearing a "danger zone" due to rising debt, political conflict, and recession risks, which may have influenced Bridgewater's recent portfolio adjustments [6][7] - The significant reductions in technology holdings suggest a strategy to mitigate exposure to sectors that could be vulnerable in an economic slowdown [7]

Market Overview - The stock market is showing a mixed picture, with tech stocks rallying after a rough start to the day, particularly the NASDAQ which has gained about 0.67% [1] - The S&P 500 is also holding onto gains of approximately 0.5% for the week, indicating a rally within a bull market where dips are being aggressively bought [1] - The 10-year Treasury yield is up 3 basis points to 4.14%, while the 30-year yield is up 4 basis points to 4.74% [1] Sector Performance - Energy and tech sectors are leading the day with gains over 1%, while materials, financials, and communication services are in the red [1] - Notable performers in the tech sector include Nvidia (up 2%), Microsoft (up 1.5%), and Tesla (up nearly 2%) [1] - In the semiconductor industry, Micron is leading with a gain of 5.7%, while Oracle and Intuit are also performing well in the software sector [1] Federal Reserve Policy - A rate cut in December is becoming increasingly doubtful as more Fed officials express caution about further cuts, with Kansas City Fed President Jeff Schmid suggesting inflation remains too high [2] - The odds of a December rate cut have decreased to about 45%, down from 94% a month ago, indicating a shift in market expectations [2] - The Fed is experiencing a divide, with some officials advocating for rate cuts while others prefer to hold rates steady [2] Walmart Leadership Change - Walmart's CEO Doug McMillan will retire at the end of January after a 12-year tenure, with John Ferner set to replace him [3] - Ferner has been credited with significant improvements in Walmart's U.S. business, and his leadership will be crucial as the company navigates changing consumer habits and competition [3] - Analysts believe that Ferner's first year will be critical in setting the strategic direction for Walmart and addressing growth expectations [3] Investment Insights - There is a growing concern among investors regarding the concentration of investments in AI-related stocks, with many portfolios underperforming despite positive index performance [4] - Retail investors are holding a significant amount of cash, and there is a recommendation to shift some of that cash into shorter-duration bonds, particularly municipal bonds [4][5] - Gold is being viewed as a potential diversifier in portfolios, especially as central banks increase their purchases amid concerns about the U.S. dollar's status [5] Cryptocurrency Market - The cryptocurrency market is under strain, with Bitcoin down 3% and significant liquidations occurring, erasing over a trillion dollars from the total market cap [6] - Despite the struggles in the crypto market, there is ongoing adoption of blockchain technology across various industries, indicating a disconnect between market performance and real-world use cases [6][7] - The proliferation of new tokens and investment vehicles is contributing to market saturation, making it challenging for individual cryptocurrencies to gain traction [6][7]

Portfolio Overview - Bridgewater's total portfolio value increased from $24.8 billion in 2Q25 to $25.5 billion in 3Q25, a rise of 3%[1] - The number of positions expanded significantly to 1014, up from 585 in the previous quarter[1] - The share of the top 10 holdings decreased from 36.1% to 32.5%[1] Investment Strategy - Increased allocation to S&P 500 ETFs, with iShares S&P 500 ETF (IVV) becoming the largest holding at $2.71 billion, representing 10.6% of the portfolio[1] - Combined weight of S&P 500 ETFs reached approximately 17.3%, a notable increase from the previous quarter[1] - Emerging market ETF exposure was nearly eliminated, indicating a shift in strategy[1] Sector Adjustments - Significant reductions in holdings of major tech stocks, including Nvidia (down 65%), Alphabet (down 53%), and Microsoft (down 36%) to lock in profits[1] - Full exit from SPDR Gold Trust, reflecting a tactical profit-taking move after a strong price rally[1] - The portfolio remains biased towards information technology but has shifted to a more balanced allocation across sectors[1] Notable Transactions - Major increases in positions included Lam Research (+111%), Mastercard (+191%), and Workday (+132%) among others[1] - New positions initiated in Reddit and Robinhood, contributing to a more diversified portfolio with 493 new holdings[1] Risk Management - The strategy reflects a commitment to dynamic balance and risk-aware positioning in an uncertain economic environment[1] - The overall approach aims to enhance portfolio resilience by reducing concentration and broadening holdings[1]

Nov 13, 2025 10:00 AM Eastern Standard Time PathosLogos Combosite Now Certified with Workday Global Payroll Connect Share PathosLogos fully integrated payroll solution now available to the global Workday customers operating in Japan TOKYO--(BUSINESS WIRE)--PathosLogos Inc., a Tokyo-based HR technology startup, announced today that PathosLogos Combosite has been officially certified as a Workday Global Payroll Connect (GPC) partner. The certification validates the certified integration between its enterprise ...

Core Insights - Workday, Inc. is expanding its operations by opening a new office in Reston, Virginia, which will create over 200 jobs in the Washington D.C., Maryland, and Virginia region [1][2][5] Company Expansion - The new office will serve as a regional hub for Workday's public sector operations, reflecting the company's commitment to supporting government organizations in modernizing HR and finance systems with AI-powered solutions [2][4] - The office is set to open in spring 2026, relocating from its current space in Tysons, Virginia [5] Government Sector Focus - Workday launched Workday Government, a subsidiary aimed at addressing the unique needs of U.S. government agencies, focusing on modernization while ensuring security and compliance [4] - The current administration's emphasis on digital transformation in the public sector aims to create a more efficient and responsive government [3] Strategic Importance - The expansion reinforces Workday's commitment to supporting government agencies in their transformation efforts, creating local job opportunities and strengthening regional ties [5]

Core Insights - Advocate Health, the third-largest not-for-profit health care organization in the U.S., has successfully implemented Workday's AI-powered platform for Human Capital Management, Financial Management, and Supply Chain Management, marking a significant step in its digital transformation [1][2][3] Group 1: Digital Transformation and Operational Efficiency - The merger of Advocate Aurora Health and Atrium Health in 2022 led to the formation of Advocate Health, which aims to streamline operations for its 160,000 employees across over 60 hospitals and 1,000 care sites in six states [2] - Workday, in partnership with PwC, was chosen to provide a unified platform that connects HR, finance, and procurement data, enhancing operational efficiency [2][3] - The implementation of Workday's platform allows Advocate Health to centralize its HR, finance, and supply chain data, improving decision-making and care delivery [3][5] Group 2: Employee Experience and Patient Care - Workday HCM simplifies daily tasks for employees, enabling them to manage time-off requests, approve schedules, and check pay via mobile devices, thus allowing more focus on patient care [4] - Workday Financial Management offers a real-time view of financial data, facilitating faster book closing and smarter decision-making [5] - The integration of AI-powered automation in Workday SCM enhances inventory tracking and expense processing, ensuring that resources are efficiently allocated to caregivers and patients [5][6] Group 3: Strategic Partnerships and Future Outlook - Advocate Health views Workday as a trusted partner in navigating the changing healthcare landscape and enhancing operational capabilities [3][6] - The collaboration with PwC and Workday demonstrates how digital transformation can yield immediate value in healthcare, improving both employee experience and patient care quality [6]