Why Workday Stock Popped Today - Motley Fool

Why Workday Stock Popped Today - Motley FoolWhy Workday Stock Popped Today - Motley FoolPosted: 28 May 2020 12:00 AM PDTWhat happenedShares of Workday(NASDAQ:WDAY) have popped today, closing out the session with gains of 7% after the company reported fiscal first-quarter earnings yesterday. The results were mixed relative to expectations, but investors also cheered two new partnerships.So whatRevenue in the first quarter increased 23% to $1.02 billion, slightly ahead of the $1 billion in sales that Wall Street was looking for. That translated into adjusted net income of $108.8 million, or $0.44 per share. Analysts had been modeling for $0.49 per share in adjusted profits. Subscription revenue was $882 million, and the cloud-based human resources platform now has a subscription revenue backlog of $8.2 billion.Image source: Workday. "The cloud is playing a critical role in today's climate, with organizations leaning on Workday to pivot -- whether it's helping employees learn…

Dow’s 800-Point Crash Spares No One as IMF Unleashes Grim Warning - CCN.com

Dow’s 800-Point Crash Spares No One as IMF Unleashes Grim Warning - CCN.comDow’s 800-Point Crash Spares No One as IMF Unleashes Grim Warning - CCN.comPosted: 24 Jun 2020 08:46 AM PDTThe Dow Jones Industrial Average plunged by as much as 843 points Wednesday.The losses follow a highly volatile pre-market session as investors reacted to President Trump's shockingly low re-election odds as per the New York Times.All 30 of the Dow's blue-chip companies record losses, with Boeing leading the declines.The Dow and broader U.S. stock market underwent another wave of selling on Wednesday, as investors reacted to a grim forecast about the global economy. President Trump's re-election odds are also in focus after a New York Times poll put Joe Biden lightyears ahead of the incumbent.Dow 30 Plunge; S&P 500, Nasdaq FollowAll of Wall Street's major indexes printed heavy losses Wednesday, reflecting a volatile pre-market for Dow futures.The Dow Jones Industrial Average plunged by …

Is Wynn Stock Still Attractive Despite A 90% Contraction In Macau Gaming Market? - Forbes

Is Wynn Stock Still Attractive Despite A 90% Contraction In Macau Gaming Market? - ForbesIs Wynn Stock Still Attractive Despite A 90% Contraction In Macau Gaming Market? - ForbesPosted: 08 Jun 2020 07:43 AM PDT Jay Dee Clayton executive VP-operations of Wynn Macau poses next to the company's logo in Macau, 22 ... [+]August 2007. As the tiny former Portuguese colony looks to overtake the greater Las Vegas area in revenue -- it already takes more cash per year than the casinos on the US city's famous Strip -- the European-invented game of baccarat continues to empty the deep pockets of Chinese gamblers. AFP PHOTO/MIKE CLARKE (Photo credit should read MIKE CLARKE/AFP via Getty Images)AFP via Getty ImagesAfter the two-week shutdown in early February, the total visitation and gross gaming revenues in Macau have plunged by more than 90%. The Macau government expects its total tax collection to drop by 50% in 2020, hinting towards a recovery in Q4. However, Trefis believes that Wynn R…

Tesla's 'Overvalued' Stock Being Falsely Driven By 'Tech-Oriented Investors,' Morgan Stanley Says - Benzinga

Tesla's 'Overvalued' Stock Being Falsely Driven By 'Tech-Oriented Investors,' Morgan Stanley Says - BenzingaTesla's 'Overvalued' Stock Being Falsely Driven By 'Tech-Oriented Investors,' Morgan Stanley Says - BenzingaPosted: 24 Jun 2020 12:06 AM PDT "Tech-oriented investors" are driving Tesla Inc.'s (NASDAQ: TSLA) stock price higher without understanding the implications of running a car company, Morgan Stanley analysts said in a note Tuesday, as reported by Forbes.The Tesla AnalystMorgan Stanley's Adam Jones has maintained his previous rating of "underweight" on the company's stock with a price target of $650.The Tesla ThesisJones noted that it is extremely unlikely for Tesla to justify its current stock price within the next decade.Morgan Stanley forecasts Tesla to produce 2 million electric vehicle units annually for the next 10 years. At a stock price of $1,000, …

Is PlayAGS, Inc. (AGS) A Good Stock To Buy? - Yahoo Finance

Is PlayAGS, Inc. (AGS) A Good Stock To Buy? - Yahoo FinanceIs PlayAGS, Inc. (AGS) A Good Stock To Buy? - Yahoo FinancePosted: 24 Jun 2020 12:19 PM PDTAt the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards PlayAGS, Inc. (NYSE:AGS).Hedge fund interest in PlayAGS, Inc. (NYSE:AGS) shares was flat at the end of last quarter. This is usually a negative indicator. At the end of this article we will also compare AGS to other stocks including CorMedix Inc. (NYSE:CRMD), Titan International Inc (NYSE:TWI), and Asure Software Inc (NASDAQ:ASUR) to get a better sense of its popularity. Video: Watch our video about the top 5 most popular hedge fund stocks.To mos…

Recent Bill Proposes the Federal Reserve Launch a Retail Bank - PaymentsJournal

Recent Bill Proposes the Federal Reserve Launch a Retail Bank - PaymentsJournalRecent Bill Proposes the Federal Reserve Launch a Retail Bank - PaymentsJournalPosted: 24 Jun 2020 01:38 PM PDTApproximately 94% of the U.S. population has a tradition bank account and many additional consumers are served by a fintech solution and general purpose reloadable prepaid cards. The problems encountered by the IRS Fiscal Services to distribute the Economic Impact Payments (EIP) to individuals whose account details are not on file with the IRS has led legislators to consider using the U.S. Postal Service as a national bank. An article in Roll Call provided background on the new bill, introduced in March, that proposes to have the Federal Reserve get into the business of offering free checking accounts with bill pay services, online banking, free ATM services and presumably build effective mobile apps and handle 24X7 customer service:[Sen. Sherrod] Brown introduced a bill in March that would allow i…