Core Viewpoint - Paycom Software forecasts annual revenue for 2026 below Wall Street expectations, leading to a decline in its shares by over 7% in extended trading [1] Company Summary - Paycom Software, a payroll software maker, reported a forecasted revenue range of $2.18 billion to $2.20 billion for 2026, which is below the analysts' average estimate of $2.23 billion [1] - The company reported revenue of $544.3 million for the fourth quarter ended December 31, exceeding analysts' estimates of $543 million [1] Industry Summary - The human capital management market is becoming increasingly competitive, with Paycom facing rivals such as ADP, Paylocity, and Workday [1] - Macroeconomic challenges are impacting new customer acquisition for Paycom, as businesses are delaying or reducing HR and payroll software purchases due to tighter budgets [1] - A slowdown in hiring or job cuts among small- and medium-sized businesses, which are Paycom's core clients, could pose additional challenges [1]

It's Tuesday morning for markets. I'm Yahoo Finance executive editor Brian Sazi coming to you from Yahoo Finance HQ in New York City. Before I welcome on my special guest for today and fire off hot takes on this Google 100-year bond sale and stale Coca-Cola earnings report.I can't stop thinking about my chat last night with Chipotle CEO Scott Boatite. Scott taking heavy fire on social media for comments people thought he made on last week's earnings call about raising prices on higher income diners. The thi ...

Core Viewpoint - Workday (WDAY) has experienced a significant downtrend, with a stock decline of 25.7% over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to analysts' positive earnings outlook [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating that a stock is oversold [2]. - WDAY's current RSI reading is 26.52, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound as the stock seeks to return to its previous equilibrium [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts regarding an increase in earnings estimates for WDAY, with a 0.2% rise in the consensus EPS estimate over the last 30 days, which often correlates with near-term price appreciation [7]. - WDAY holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a near-term turnaround [8].

Core Viewpoint - Workday's stock price has entered a technical bear market, declining from a peak of $310 in 2024 to its current price of $155, marking its lowest level since 2024 and presenting a potential buying opportunity [1] Group 1 - Workday's stock has decreased significantly, indicating a drop of approximately 50% from its all-time high [1] - The current stock price of $155 is seen as a bargain compared to its previous record [1]

Group 1: Company Overview - Workday, Inc. (NASDAQ:WDAY) specializes in enterprise cloud applications, focusing on financial management and human capital management software, competing with Oracle and SAP [1] - The current market capitalization of WDAY is approximately $40.9 billion, indicating its substantial presence in the market [3] Group 2: Leadership Changes - The current CEO is stepping down, and cofounder Aneel Bhusri is returning to the CEO position for the fourth time, which could impact investor sentiment and the company's strategic direction [2][5] Group 3: Stock Performance - WDAY's stock price is currently $153.18, reflecting a decrease of 5.98% or $9.75, potentially influenced by leadership changes [2] - The stock has shown volatility, with a yearly high of $281 and a low of $147.35, indicating significant price movement [3][5] - Today's trading volume for WDAY is 6,454,204 shares, suggesting active investor interest [4] Group 4: Analyst Insights - Stifel Nicolaus analyst Brad Reback has lowered the price target for WDAY from $235 to $175, indicating a potential upside of approximately 14.33% [1][5]

And we're about 2 minutes away from the end of the trading day. Katie Greifeld and Matt Miller here, Romaine Bostick on assignment here to help take us through the closing balance. That global sign has joined now by Carol Massar and Tim Stenovec.We bring together all of our different audiences across television, radio and YouTube and show you. Take a look at the market reaction today. It's not quite the rally that we saw on Friday, but pretty dang good.Yeah, and listen, what we're talking about maybe anothe ...

Market Overview - The Dow is holding above the 50,000 level, with small gains noted [1] - The NASDAQ composite is up 1%, indicating a resurgence in the tech sector [2] - The S&P 500 is up about 0.61%, with both the equal-weight S&P 500 and S&P 600 (small caps) reaching record highs [3] Bond and Currency Movements - The 10-year Treasury yield is down to 4.2%, while the 30-year yield is approximately 4.85% [4] - The US dollar index has seen a significant move, down 0.8%, which is notable for currency markets [4] Sector Performance - The technology sector (XLK) is up 1.86%, with semiconductors and software showing strong performance [5] - Healthcare, staples, financials, and consumer discretionary sectors are underperforming, with retail stocks in the red [6] Upcoming Economic Data - The January jobs report is expected to show an increase of 70,000 payrolls, with the unemployment rate holding steady at 4.4% [10] - The consumer price index for January is anticipated to rise by 2.5%, with core inflation expected to inch up by 0.2% month-over-month [13] Industrial and Manufacturing Outlook - The industrial and manufacturing economy is showing signs of a rebound, with PMI data exceeding expectations and new orders index rising significantly [21][22] - This rebound is attributed to easing monetary policy from the Federal Reserve, which has led to a positive shift in leading indicators [28] Investment Opportunities - There is a call for a rotation into "old economy" sectors such as energy, materials, and industrials, which have underperformed during the recent industrial weakness [30] - Investors are encouraged to diversify their portfolios beyond technology, which currently dominates market cap [32] Chipotle's Marketing Strategy - Chipotle recently gave away $1 million in free food to 100,000 customers during the Super Bowl, aiming to attract more consumers amid a slowdown [46][47] - The company plans to open between 350 and 370 new restaurants this year, expanding its footprint in various regions [59][60] SpaceX's Strategic Shift - SpaceX is pivoting its focus from Mars to the moon, which is seen as a more realistic goal for upcoming missions and potential IPO clarity [106][107] - The moon base strategy is linked to the production of materials for orbital data centers, leveraging the moon's resources [109] Oracle's Market Position - DA Davidson has upgraded Oracle's stock to a buy, citing its ties to OpenAI and TikTok as potential growth drivers [113][114]

Workday CEO Eschenbach departs, with co-founder Aneel Bhusri returning as CEO https://t.co/YZVsneBhbK ...

Core Insights - Workday's CEO Carl Eschenbach is stepping down, with cofounder Aneel Bhusri taking over the role, marking Bhusri's return to leadership after previously serving as CEO multiple times [1][3] - The company recently laid off approximately 400 employees, representing about 2% of its workforce, to realign resources with its priorities [1][3] - Workday's shares have declined roughly 6% on the day of the announcement and are down about 43% compared to a year ago [2] Leadership Transition - Aneel Bhusri has a long history with Workday, having served as co-CEO and CEO in various capacities from 2009 to 2024 [3] - Bhusri's leadership is expected to guide Workday through a transformative period influenced by advancements in AI, as noted by Mark Hawkins, the vice chair [2] Layoff Context - The recent layoffs follow a larger round of layoffs last year, which were also attributed to the need for strategic investment in areas like AI [4] - Workday had over 20,400 employees as of January 31, 2025, indicating a significant workforce size prior to the layoffs [4] Market Reaction - The software sector, including Workday, has faced stock price declines following the introduction of new AI tools by competitors, such as Anthropic's Claude Cowork plugin [4] - Eschenbach previously expressed confidence in Workday's position in the AI landscape, suggesting that the company is well-equipped to leverage AI advancements rather than be hindered by them [5]

Group 1 - The core point of the article is that Italian merchant bank Mediobanca reported a 6% decline in half-year net profit, amounting to 623 million euros ($741.87 million) [1]