The stock market had an ugly session, despite Nvidia surging on earnings. Deckers spiked late, signaling a breakout.
Workday is set to lose more than $8 billion in market value, if premarket losses hold. The company expects subscription revenue to be between $7.70 billion and $7.73 billion for the fiscal year 2025, down from its prior forecast of $7.73 billion to $7.78 billion, it said after markets closed on Thursday. Analysts currently expect full-year subscription revenue at $7.73 billion, according to LSEG data.
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