Workday(US:WDAY) CNBC·2025-09-18 00:34Core Viewpoint - The rise of artificial intelligence (AI) is seen as a positive development for Workday, countering the narrative that AI is detrimental to the software industry [1] Company Performance - Workday has a customer gross retention rate exceeding 97%, indicating strong customer loyalty and a "sticky platform" [2] - The company has experienced an 8.97% decline in stock value year-to-date, but saw a 7% increase following the announcement of Elliott's $2 billion stake [2] Investor Relations - Activist investor Elliott has expressed support for Workday's management and business strategies, highlighting the company's unique position and growth potential [3] - Workday's leadership views the relationship with Elliott as a partnership, aligning on financial frameworks and future strategies [3]