Nasdaq 100 Records Have Rarely Been This Narrow, 55 Stocks Are Still Below 50-Day Average
The Nasdaq 100 trades at records Monday, yet 55 of its 101 stocks sit below their 50-day average. QQQ has beaten equal-weight QQQE by 8% since late July.
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Workday Announces Reduction Of About 2.5% Of Current Workforce; Estimates Charges Of $65M-$80M Related To Reorganization; Expects $40M-$55M In Future Cash Expenditures For Severance And Benefits; Continue To Hire In Key Strategic Areas And Locations Throughout Its Fiscal 2027; Workforce Reduction Primarily Within Workday's Product And Technology Team, And Select Leased Office Space Reductions; Reiterates Its Q3 And FY27 Financial Guidance
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