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Search resuls for: "Bhusri"


11 mentions found


☆ Atlassian sinks despite better-than-expected results and in-line forecast
  + stars: | 2023-11-02 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Atlassian shares plummeted 9% in extended trading Thursday despite better-than-expected earnings and revenue from the software maker and a forecast that met Wall Street's expectations. Atlassian's net loss widened to $31.9 million, or 12 cents per share, from $13.7 million, or 5 cents per share, a year earlier. The company said it had more than 265,000 customers at the end of the quarter, up from more than 260,000 in June. For the fiscal second quarter, Atlassian called for revenue between $1.01 billion and $1.03 billion. The guidance doesn't factor in impact from Loom, which should become part of Atlassian in the fiscal third quarter.
Persons: Atlassian, StreetAccount, Cameron Deatsch, Deatsch, Aneel Organizations: LSEG, and Data Locations: Atlassian
☆ AI is as important and disruptive as cloud software, says Workday Co-CEO Aneel Bhusri
  + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is as important and disruptive as cloud software, says Workday Co-CEO Aneel Bhusri'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.
Persons: Aneel Bhusri, Jim Cramer, Carl Eschenbach, Aneel
☆ Workday CEO says AI is worth an upfront cost that 'we all just have to recognize'
  + stars: | 2023-09-28 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Co-CEOs of Workday , Aneel Bhusri and Carl Eschenbach, told CNBC's Jim Cramer artificial intelligence is worth a hefty upfront cost. "I think AI is as important and maybe as disruptive as the cloud was," Bhusri said. "Different than the cloud, these large language models that AI are based on, they require massive amounts of compute to build the models and train the models. And so there's an upfront cost that we all just have to recognize. Bhusri and Eschenbach explained that their company's AI program is especially helpful to managers, as it will be able to write job descriptions and career growth plans.
Persons: Bhusri, Carl Eschenbach, CNBC's Jim Cramer, Eschenbach, It's, Thursday's
☆ Workday's Co-CEOs talk Wall Street's response to its latest projections with Jim Cramer
  + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday's Co-CEOs talk Wall Street's response to its latest projections with Jim Cramer'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.
Persons: Jim Cramer, Carl Eschenbach, Aneel
☆ Jim Cramer says the slide in shares of enterprise cloud provider Workday may be an overreaction
  + stars: | 2023-09-28 | by ( Morgan Chittum | ) www.cnbc.com   time to read: +1 min
Workday (WDAY) plunged on Thursday after management lowered its outlook for subscription revenue growth. Shares of the software company declined nearly 10%. Jim Cramer described the long-term forecast, which was released on Wednesday, as "worrisome" but said Workday's past fundamentals have been solid. "This company has been straight-shooting so maybe we can feel whether the stock's [move] is an overreaction," Jim said. The CNBC Investing Club does not own Workday but holds shares of Salesforce (CRM), another enterprise software giant.
Persons: Jim Cramer, Jim Cramer's, Jim, Carl Eschenbach, Aneel Organizations: BMO Capital, CNBC
☆ Here are the 12 stocks Jim Cramer is watching, including a dire consumer forecast
  + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com   time to read: +2 min
But keeps buy rating ahead of the video streamer's quarterly earnings out next month. Online advertising tech company Trade Desk (TTD) started with a buy rating and a $100-per-share price target at UBS. Bank of America cuts price target on Advance Auto Parts (AAP) to $60 per share from $75. Paychex (PAYX) gets multiple price target increases at TD Cowen (keeps buy rating), Morgan Stanley (keep hold rating), and Bank of America (keeps sell rating). Barclays cuts price target on United Parcel Service (UPS) to $175 per share from $180.
Persons: Matt Boss, Banks, Morgan Stanley, Jim Cramer's, Carl Eschenbach, Aneel, TD Cowen, Cowen, Price Organizations: JPMorgan, Netflix, Trade, UBS, BMO Capital, Bank of America, Parts, Diageo, DEO, CNBC, Club, Corona, Modelo, Constellation Brands, Walgreens, Alliance, Barclays, United Parcel Service Locations: Fargo
☆ Former Greylock VC Sarah Guo is betting her career on the AI boom with new fund Conviction. Here's why.
  + stars: | 2023-04-03 | by ( Stephanie Palazzolo | ) www.businessinsider.com   time to read: +8 min
Ex-Greylock GP Sarah Guo surprised the tech world when she launched her AI fund Conviction last year. In addition to her fund, Guo has gained prominence in SF's AI scene through her podcast and events. Kovalsky knew of only one person who could be behind this — Sarah Guo, then a general partner at VC firm Greylock. Within the tech community, Guo has differentiated herself from other VCs through her honesty, business savvy, and grit, they added. Although Guo launched Conviction, a $100 million fund investing up to Series A, in late 2022, her interest in artificial intelligence has been long in the making.
☆ Workday cuts about 525 jobs but says it's not the result of overhiring
  + stars: | 2023-01-31 | by ( Rohan Goswami | ) www.cnbc.com   time to read: +2 min
Aneel Bhusri and Carl Eisenbach, Co-CEOs of Workday, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17, 2023. Workday , a cloud-only business planning software company, will lay off 3% of its employees, the company's co-CEOs wrote in a message to employees Tuesday. In October 2022, the company reported head count of more than 17,500 employees, an increase of over 15% compared with January of that year. The cuts are not the result of overhiring and the "majority" will occur in Workday's technology and product units, co-CEOs Aneel Bhusri and Carl Eschenbach wrote. Severance packages for international employees would be "similar" to those offered to U.S. employees, Bhusri and Eschenbach wrote in the message.
☆ Workday co-CEO: We're going to add 'several thousand new heads' this year
  + stars: | 2023-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday co-CEO: We're going to add 'several thousand new heads' this yearAneel Bhusri and Carl Eschenbach, Workday co-CEOs, join 'Squawk Box' to discuss the pairing of Bhusri and Eschenbach as co-CEOs, the higher aspirations for the company, and more.
☆ Workday names Sequoia's Carl Eschenbach as co-CEO, alongside Aneel Bhusri
  + stars: | 2022-12-20 | by ( Jordan Novet | ) www.cnbc.com   time to read: +1 min
Workday said on Tuesday that co-CEO Chano Fernandez is leaving the company and being replaced by Sequoia Capital's Carl Eschenbach, a former VMware executive and member of Workday's board. Eschenbach will serve alongside Aneel Bhusri, who co-founded the company in 2005. Bhusri became a co-CEO again in 2020 with the appointment of Fernandez, a former SAP executive who joined Workday in 2014. Before Workday, Bhusri held leadership roles at PeopleSoft, which Oracle acquired in 2005 for $11.1 billion. WATCH: Workday co-CEO on the firm's quarterly results and why its finance applications saw strength
☆ 8 companies Amazon, Microsoft, or Google might buy as they shop for deals amid the market downturn, including Workday, Unity, and Roku
  + stars: | 2022-09-15 | by ( Belle Lin | ) www.businessinsider.com   time to read: +13 min
That means Amazon Web Services, Microsoft Azure, and Google Cloud could be poised for a merger-and-acquisition spree. As for cloud acquisitions, analysts said Amazon's cloud unit didn't often buy companies. Cybersecurity has been a greater focus for Microsoft, AWS, and Google Cloud after the hack of the IT-software company SolarWinds in 2020. In 2019, Google purchased the data-analytics company Looker for $2.6 billion in cash under Google Cloud CEO Thomas Kurian. With Kurian at the helm, bringing with him the Oracle acquisition playbook, Google Cloud may now have a bigger M&A appetite.
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