The S&P 500 Index pulled back from its record high last week as jitters in the bond market rippled through equities. The index closed at 7,674 points, down from the all-time high of 7,820 set earlier in the month.
Nvidia (NASDAQ:NVDA) headlines the stocks to watch this week, with CrowdStrike (NASDAQ:CRWD), Salesforce (NASDAQ:CRM) and Workday (NASDAQ:WDAY) also drawing investor attention.
Workday to Publish Earnings Amid Silver Lake Acquisition Rumors
Workday, a company that offers software for HR, accounting, planning, and legal solutions, will be in the spotlight this week as it publishes its earnings. These numbers come at a time when there are acquisition rumors.
A recent report said that Silver Lake was in talks to acquire it, taking advantage of its cheap valuation. Workday’s management may comment about this when it releases its results.
