Workday shares jumped as much as ~30% intraday on Thursday, triggering multiple temporary trading halts, after reports that Silver Lake is in acquisition talks; sources say discussions have been ongoing. The rally pushed Workday’s market value above $50.0 bln. The stock had been under longer-term pressure on worries that AI will reshape the software sector; a successful buyout would signal renewed private-capital interest in software assets. Jefferies analyst Til said CEO Aneel Bhusri’s close ti

Workday shares jumped as much as ~30% intraday on Thursday, triggering multiple temporary trading halts, after reports that Silver Lake is in acquisition talks; sources say discussions have been ongoing. The rally pushed Workday’s market value above $50.0 bln. The stock had been under longer-term pressure on worries that AI will reshape the software sector; a successful buyout would signal renewed private-capital interest in software assets. Jefferies analyst Til said CEO Aneel Bhusri’s close ties to Silver Lake make a deal plausible. Workday beat estimates in its May quarter, raised guidance, and said AI trends are producing tangible benefits.