Today: 21 May 2026
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SGX:OLAM 10 December 2025

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  • Workday Beats Q1 Revenue Estimates on Strength in AI-Driven Software
    May 21, 2026, 5:33 PM EDT. Workday reported first-quarter revenue of $2.54 billion, surpassing the $2.52 billion Wall Street estimate, driven by rising demand for its AI-enhanced finance and human resources software. The company posted adjusted earnings per share of $2.66, above the estimated $2.51, with subscription revenue climbing 14.3% to $2.35 billion. CFO Zane Rowe emphasized the firm's commitment to advancing its AI roadmap and improving operational efficiency. Workday's shares rose 7% in after-hours trading, reflecting investor confidence amid a broader rebound in the U.S. software sector, where markets distinguish between firms facing disruption and those benefiting from AI-driven productivity gains and new offerings.

Latest articles

Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

21 May 2026
Take-Two reaffirmed Grand Theft Auto VI will launch Nov. 19, 2026, and reported fourth-quarter net bookings of $1.58 billion, beating expectations. Fiscal 2027 net bookings guidance of $8.0–$8.2 billion fell short of analysts’ $9.1 billion estimate. Shares rose about 8% after hours. Recurring consumer spending made up 82% of total net bookings in the quarter.
Dow Jones Sets New Record; IBM, Oil, Iran News Cited

Dow Jones Sets New Record; IBM, Oil, Iran News Cited

21 May 2026
The Dow closed at a record 50,285.66, up 276.31 points. IBM surged 12.4% after a proposed $1 billion U.S. quantum-computing award, while Nvidia fell 1.8% despite strong results. Oil prices dropped, with Brent settling at $102.58 a barrel, as U.S.-Iran talks influenced trading. Walmart slid 7.3% after warning on consumer spending.
Dow Sets New High as Oil, Nvidia Unsettle Wall Street

Dow Sets New High as Oil, Nvidia Unsettle Wall Street

21 May 2026
The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Brent crude fell 2.3% to $102.58 a barrel, easing inflation concerns. Nvidia dropped 1.8% despite strong earnings, while Ralph Lauren rose 13.9% and Walmart slid 7.3% on profit news. U.S. jobless claims fell to 209,000 last week.
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