Workday (WDAY) Stock Slides as Cofounder Aneel Bhusri Returns as CEO
Workday stock fell sharply after announcing cofounder Aneel Bhusri will return as CEO, replacing Carl Eschenbach who led the company through a period of global expansion and operational scaling over the past three years.
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The Recent Stock Sell-Off Explained in Simple Terms: 3 Factors to Watch
Stock markets tumbled this week amid growing concerns about artificial intelligence's impact on software companies, weakening labor market data, and uncertainty over tech valuations.