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NASDAQ:GLOO 4 May 2026

Gloo Closes Workday Partner Deal as AI Services Push Hits a Key Test

Gloo Closes Workday Partner Deal as AI Services Push Hits a Key Test

Gloo completed its acquisition of EnterpriseMarketdesk, expanding its Workday consulting and support services for nonprofits and mid-market clients. The deal includes issuing about 1.46 million Class A shares, with final terms undisclosed. Gloo shares fell 1.1% to $6.97 after the news. The company reported fiscal 2025 revenue of $94.7 million and raised 2026 guidance to $190 million.
4 May 2026
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Stock Market Today

  • 3 Stocks Positioned for Strong Gains Despite Recent Rallies
    May 13, 2026, 1:05 PM EDT. The stock market has reached new highs since late March, yet Nvidia, Micron Technology, and a third unnamed stock remain compelling buys based on their valuations and growth prospects through 2027. Nvidia, trading near its all-time highs with a $5 trillion market cap, could see a 50% gain if forward earnings rise as expected. Micron benefits from a severe memory chip shortage, driving revenue from $13.6 billion to an anticipated $33.5 billion next quarter. Despite its cyclical industry, Micron trades at a low 13 times forward earnings, signaling potential upside. These stocks are poised to capitalize on booming tech and data infrastructure investments over the coming years.

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UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test

UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test

13 May 2026
UiPath Inc. shares dropped 5.9% to $9.42 on Wednesday, with trading volume above 22 million, after the company launched a new integration for AI coding agents but investors waited for clearer demand signals ahead of its May 28 earnings call. UiPath reported fourth-quarter revenue of $481 million, up 14%, and reached full-year GAAP profitability for the first time.
Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet

Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet

13 May 2026
Wolfspeed shares surged over 21% to $65.13 Wednesday, with trading volume exceeding 18 million shares and market value reaching $2.55 billion. The rally followed Citrini Research’s endorsement, tying Wolfspeed’s silicon carbide chips to rising AI data-center demand. Wolfspeed reported a $120 million net loss last quarter and expects negative gross margins to continue. Some analysts remain cautious despite the stock’s recent gains.
LinkedIn Layoffs 2026: Why Microsoft’s Job Cuts Hit Even as Revenue Grows

LinkedIn Layoffs 2026: Why Microsoft’s Job Cuts Hit Even as Revenue Grows

13 May 2026
LinkedIn will cut about 5% of its workforce, affecting roles in marketing, engineering, and product teams, according to internal memos and sources. The move comes as LinkedIn reported a 12% revenue increase last quarter and surpassed 1.3 billion members. The company has over 17,500 employees worldwide. Microsoft shares were little changed following the news.

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GitLab Layoffs Send Stock Lower as AI ‘Agentic Era’ Bet Tests Investor Patience

GitLab Layoffs Send Stock Lower as AI ‘Agentic Era’ Bet Tests Investor Patience

12 May 2026
GitLab Inc. will cut jobs and restructure global operations to fund artificial-intelligence agents, sending shares down 9.6% to $23.18 Tuesday. The company did not specify the number of roles affected. CEO Bill Staples said most savings will be reinvested, with details expected at the June 2 earnings call. Raymond James downgraded the stock, citing execution risks and slowing growth.
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