Workday Stock (WDAY)

Another day, another record? Sort of. The S&P 500 managed to set a new all-time intraday record high as well as an all-time record closing high. Why? Inflation, or the lack thereof. For the month of July, headline PPI printed at +0.0% month over month versus the +0.2% consensus and at +4.7% year over year versus expectations for a +4.9% print. …

Happy holiday week folks, and let’s remember trading volumes are going to thin out as we move through the week. Even so, as we discussed in the Pro Portfolio’s Weekly Roundup on Friday, Tuesday and Wednesday will be a ta…

Reuters is reporting that the U.S. Navy and U.S. Air Force are possibly considering cancelling two nearly completed software contracts and reopening the bidding to other platforms that had not been previously available.…

For those who missed Market Recon this morning , the S&P Global rebalances its indexes quarterly, and is scheduled to reset the S&P 500 once again on Sept. 20. Back in June, KKR & Co KKR , CrowdStrike Holdings CRWD and G…

From Peter Boockvar: Positives Powell officially endorses that the beginning of rate cuts is here but doesn’t commit to the pace as that of course remains to be seen. Markets though have already well priced this in. The…