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-0.00359901027217508 -0.00457374222088936 -0.00716053085401524 -0.00603584014396046 -0.01424608232736 0.000599835045362406 -0.00363649996251041 -0.0043488040788784
Stock impact report

Workday Shares Drop 9% as CEO Says OpenAI, Google Use Its Software [Yahoo! Finance]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Workday ( NASDAQ:WDAY ) is attempting to reset the AI debate around its business at a moment when investor confidence has been shaken. After a steep selloff that has pushed the shares down about 40% this year, Chief Executive Officer Aneel Bhusri told analysts Tuesday that some of the most closely watched AI companies including Anthropic, Google and OpenAI run on Workday's systems. At a time when markets have been questioning whether generative AI could erode demand for traditional enterprise software, that detail is being positioned as evidence that AI innovation and core HR platforms may not be mutually exclusive. Warning! GuruFocus has detected 2 Warning Sign with NVO. Is WDAY fairly valued? Test your thesis with our free DCF calculator. The concern weighing on the stock has been straightforward: if AI tools make payroll, human resources and other back-office processes easier, demand for Workday's applications could be pressured. Th Show less Read more
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