Workday Falls on Margin Outlook Miss; Cava Jumps After Upbeat Forecast; Diageo Drops on Weaker Guidance
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Workday (WDAY) declines after giving a subscription revenue guidance that missed expectations, adding to investor concerns that a rise of AI automation tools is disrupting traditional software vendors. It’s also seeing operating margins tempered by higher investments into agentic AI features for the time being. - Cava Group (CAVA) shares rise after the fast-casual chain’s restaurant comp sales forecast for 2026 came in above the average estimate from analysts. They are positive about the…
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