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AI & Enterprise

Workday shares surge more than 25 percent on report of Silver Lake takeover talks; trading halted

Workday shares jumped more than 25 percent after a report that private equity firm Silver Lake is in talks to acquire the software company, CNBC reported on Aug. 13. Trading in Workday was briefly halted late in the session, the report said. Workday and Silver Lake did not immediately respond to questions. Software companies such as Workday have faced pressure in recent months over concerns that AI tools could disrupt existing business models.

Crypto

Hormuz Strait reopening hopes lift S&P 500 to record high, bitcoin stays rangebound

Bitcoin regained the $64,000 level and extended modest gains as oil prices tumbled and risk appetite improved on hopes of easing U.S.-Iran tensions and a possible deal to reopen the Strait of Hormuz. U.S. stocks rose, with the S&P 500 hitting a record high. Bitcoin’s advance was capped near its 21-day moving average, though on-chain data showed accumulation. Markets are watching the Hormuz talks and how lower oil may affect September Fed rate expectations.

Crypto

U.S., Japan coordinate to defend weak yen; five key variables that could shake bitcoin this week

Bitcoin is searching for direction around $63,000 in the first week of August as global macro conditions and crypto-specific risks pull at prices. Key factors include the possibility of coordinated U.S.-Japan action to support the yen, U.S. July nonfarm payrolls, shifts in risk sentiment linked to Middle East developments and seasonal weakness in U.S. equities. A Coldcard hardware wallet hack and related fund movements are also in focus.