Workday Inc (WDAY) — the peer cohort

Long reads

• The Agentic Winners 25Dossier · $49 · 31 Mar 2026Workday holds the human capital management record: payroll, benefits, compliance, org structure.
• Agentic Application Software: The SaaSpocalypse MapDossier · $39 · 27 Feb 2026Workday owns years of HR and payroll data that agents need.

Dailies

• Oil knocks on $100 and Wall Street sells everything but the AI pipe: Intel +9%, Lumentum +11%, Dow −1.2% — Seoul buys the dip and the Kospi is back above 7,000Morning 10 · 9 Sept 2026On the other side, the iShares software ETF fell 1.8%: Shopify −7.6%, UiPath −7.8%, Atlassian −6.9%, ServiceNow −5.0%, Workday −4.9%, Zscaler −4.6%, Intuit −4.1%, Adobe −3.5%.
• Chips up again, software down again — Friday's split is turning into a trendMidday 10 · 8 Sept 2026Second session of the same trade, and it is widening: the optical and hardware names are up 7% to 12%, Intel 9%, AMD through $500, while Shopify falls 7%, Intuit, Workday and Booking 6%, and ServiceNow, Salesforce and Adobe 3% to 4%.
• From Silicon Scarcity to Software Scarcity: The Next AI Bottleneck Is Permission to Act, and the Market Graded It This WeekDaily Pulse · 3 Sept 2026Snowflake and Databricks are strongest on governed context; MongoDB on live state; SAP, Salesforce, Workday and Oracle own the authoritative objects.
• Great numbers, falling stocks — the market has stopped rewarding even record earningsMorning 10 · 2 Sept 2026Marvell, Autodesk and IREN fell too; only Elastic was rewarded, and Workday finished a dollar short.
• The bar moves overnight: three beat-and-raise prints get sold after hours.Morning 10 · 28 Aug 2026Rubrik, Autodesk and Marvell are all punished despite beating or raising, Elastic is paid +20.9% and Workday shrugs, and Friday stacks the Warsh keynote onto IEF's weekly close at 93.04.
• Daylight pays the five-print evening at scale — Salesforce +20%, Okta +27%, CrowdStrike +18%, Nvidia +7.6% — while ten of eleven sectors trade red and technology alone carries the index.Midday 10 · 27 Aug 2026Five more prints land tonight: Rubrik — a print-record card with zero flat reactions in its history — alongside Workday, which trades +3.25% to 196.94 into its own report, Autodesk, Elastic and IREN.
• The five-print evening resolves bullish — Nvidia's supply-constrained 70% guide flips a muted release into a paid call, and Salesforce and CrowdStrike are paid double digits.Morning 10 · 27 Aug 2026Rubrik — a card with zero flat reactions in its history — reports tonight alongside Workday, Autodesk and Dollar General; PDD's three-session print-record window closes at today's close, and all five of Wednesday's prints score theirs on…
• The Treasury buys duration with bills, hard assets read it first — Bitcoin toward 70,000, gold through 4,400, as the minutes turn hawkish and Korea answers its crash with a buybackMorning 10 · 20 Aug 2026Software kept its bid — IGV +0.83%, Salesforce +5.07% to 206.09, Workday +4.08% to 198.42, Cloud ETF +0.36% — and health care led every sector, XLV +3.51% to 175.68, up 4.34% over five days.