Workday’s stock dives as earnings reveal the cost of competing in AI
Original Report
Workday’s margin outlook came up short of expectations as the company steps up AI investments.
Glass House Analysis
Corporate decisions reverberate through local communities—a merger might mean headquarters relocating, a restructuring could eliminate jobs, and strategic shifts affect suppliers and service providers in countless towns. Behind quarterly earnings numbers are real employment decisions, investment choices, and community impacts that shape the economic landscape of regions across the country.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Polymarket, Kalshi Gamify Truth With Bets on Politics, News
Mention markets are the high-octane, fast-twitch speed competitions of the prediction market world. But they’re just one corner of it. Users of Kalshi and its primary rival, Polymarket, can bet on...
*Introduction to Quantitative Economics*
By Jesse M. Shapiro, just out from MIT Press. The post *Introduction to Quantitative Economics* appeared first on Marginal REVOLUTION.
The Macroeconomic Effects of Tariffs
We study the macroeconomic effects of tariff policy using U.S. historical data from 1840–2024. We construct a narrative series of plausibly exogenous tariff changes – based on major legislative...
Hong Kong Budget Set to Narrow Deficit With Tech Bets in Focus
Hong Kong Financial Secretary Paul Chan is set to report a significant narrowing of the city’s budget deficit in an annual address, raising expectations for modest relief measures and further...