Today's biggest winners and losers in the stock market, a look at the notable movers: 
On this episode of Stock Movers:

- Workday (WDAY) shares jumped after a Reuters report that private equity firm Silver Lake is in talks to purchase the software provider. The private equity firm has been in discussions for several months about a takeover of Workday, which makes software for business tasks such as human resources, Reuters reported Thursday citing unidentified people familiar with the talks. There is no guarantee a deal will occur, the newswire said. The shares jumped 26% to $220.50 before they were halted for volatility. Workday has been one of the software companies whose business has been threatened by artificial intelligence startups. The stock had dropped 18% through Wednesday’s close.

- Cisco Systems (CSCO) shares fell after the company projected $7.5 billion in AI data center sales this fiscal year, which disappointed investors. AI sales will make up about 10% of Cisco's projected total revenue of $72.2 billion to $73.4 billion in fiscal 2027, according to a company statement. Cisco Chief Executive Officer Chuck Robbins described the AI sales guidance as "a good, prudent guide for the year", despite analysts questioning how it lined up with AI-related orders.

- Birkenstock (BIRK) is rallying after the footwear maker boosted its adjusted Ebitda forecast for the full year. The German company also reported better-than-expected sales for the second quarter. The German company now expects revenue growth of 15% on a constant-currency basis for the fiscal year that ends in September, according to a statement Thursday, implying revenue of as much as €2.35 billion ($2.7 billion). It also sees adjusted earnings before interest, taxes, depreciation and amortization of at least €710 million. Both targets are broadly in line with analyst estimates

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Workday (WDAY) shares jumped after a Reuters report that private equity firm Silver Lake is in talks to purchase the software provider. The private equity firm has been in discussions for several months about a takeover of Workday, which makes software for business tasks such as human resources, Reuters reported Thursday citing unidentified people familiar with the talks. There is no guarantee a deal will occur, the newswire said. The shares jumped 26% to $220.50 before they were halted for volatility. Workday has been one of the software companies whose business has been threatened by artificial intelligence startups. The stock had dropped 18% through Wednesday&rsquo;s close. - Cisco Systems (CSCO) shares fell after the company projected $7.5 billion in AI data center sales this fiscal year, which disappointed investors. AI sales will make up about 10% of Cisco's projected total revenue of $72.2 billion to $73.4 billion in fiscal 2027, according to a company statement. Cisco Chief Executive Officer Chuck Robbins described the AI sales guidance as "a good, prudent guide for the year", despite analysts questioning how it lined up with AI-related orders. - Birkenstock (BIRK) is rallying after the footwear maker boosted its adjusted Ebitda forecast for the full year. The German company also reported better-than-expected sales for the second quarter. The German company now expects revenue growth of 15% on a constant-currency basis for the fiscal year that ends in September, according to a statement Thursday, implying revenue of as much as &euro;2.35 billion ($2.7 billion). It also sees adjusted earnings before interest, taxes, depreciation and amortization of at least &euro;710 million. Both targets are broadly in line with analyst estimates

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

 Workday Soars, Cisco Falls, Birkenstock Rallies

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