Elliott Management Builds Workday Stake. Margins In Focus At Analyst Day.

BREAKING: Fed Looms With China News Pressuring Nvidia Workday (WDAY) stock climbed on Wednesday amid the software maker's updated financial guidance at an analyst day. Activist investor Elliott Management disclosed a $2 billion stake in Workday, making it one of the biggest shareholders. At the analyst day on Tuesday, Workday lowered its subscription guidance but hiked its outlook for some financial metrics. "We walked away incrementally positive on the durability of the growth profile with higher- than-exp ...