GLOO News & Events

Gloo announced it has completed the acquisition of EnterpriseMarketdesk, EMD. The transaction, which was announced on April 14, brings a suite of AI-enabled Workday services and expertise onto the Gloo platform. "Workday has become an increasingly important ERP system for organizations across the faith and flourishing ecosystem, and EMD brings deep Workday expertise to Gloo 360," said Scott Beck, CEO of Gloo. "Together, we can help customers modernize core systems and transform their technology through Applied AI. This aligns directly with our strategy to take on and modernize work for customers through forward-deployed engineering and agentic AI, delivering better outcomes at lower cost, while creating higher-margin growth for Gloo."

The major averages closed mixed as traders remain optimistic about a possible end to the U.S.-Iran war, particularly amid renewed signals that a new round of talks could resume within days as well as tentative reports of a ceasefire extension. This has kept oil capped below the recent highs and prevented another spike in inflation expectations, even though the broader conflict remains unresolved.Meanwhile, investors are weighing corporate earnings, with major lenders Bank of America and Morgan Stanley leading the way with Q1 beats.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Bank of Americaprovided areport for Q1Morgan Stanleyreported, with the company saying it is entering 2026 from a position of strengthBroadcomand Metaannounced an expanded partnership overBRPfollowing the recent amendment of Section 232 tariffs on steel, aluminum and copper imports into the U.S.ASMLreported ain Q1 earnings and revenue2. WALL STREET CALLS:Cloudflareto Overweight at Piper SandlerSolarEdgeto Sell at Goldman Sachs on challenging valuationCitiAdientto Buy, opened "90-day upside catalyst watch"Shift4 Paymentsto Peer Perform at Wolfe ResearchDA DavidsonSymboticto Buy on "unparalleled" AI tech moat3. AROUND THE WEB:A jury has found that Live Nationmonopolized the ticketing market, Bloomberg reportsSazerac offered to acquire Brown-Formanfor $32 per share, WSJ reportsAMD, Arm, and Qualcommare investing $60M in Wayve as an extension of its $1.2B Series D round, TechCrunch reportsStellantismulls carmaking deal with Dongfengin Europe, China, Bloomberg saysAnthropic has fielded multiple offers from VCs valuing the company at as much as $800B in recent weeks, Business Insider says4. MOVERS:Oklowas higher after announcingWebullgained after theto remove day-trading limit for investorsTempus AIincreased after announcing an expansion of itsTeraWulfwas lower afterDauchfell after TD Cowenits price target to $7 from $85. EARNINGS/GUIDANCE:Orionbacked itsM&T Bank, with Daryl Bible, M&T's CFO commenting, "M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter"NOV Inc.and earnings guidance below prior guidanceSnapprovidedGloo, backed its guidance for Q1, and raised its outlook for FY26INDEXES:The Dow fell 72.27, or 0.15%, to 48,463.72, the Nasdaq gained 376.93, or 1.59%, to 24,016.02, and the S&P 500 advanced 55.57, or 0.80%, to 7,022.95.

The major averages were mixed near noon, with the Dow Jones Industrial Average in the red and the S&P 500 and Nasdaq trading higher. Traders remain optimistic about a possible end to the U.S.-Iran war, particularly amid renewed signals that a new round of talks could resume within days as well as tentative reports of a ceasefire extension. This has kept oil capped below the recent highs and prevented another spike in inflation expectations, even though the broader conflict remains unresolved.Meanwhile, investors are weighing a new slate of corporate earnings, with major lenders Bank of America and Morgan Stanley leading the way with Q1 beats.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Bank of Americaprovided areport for Q1Morgan Stanleyreported, with the company saying it is entering 2026 from a position of strengthBroadcomand Metaannounced an expanded partnership overBRPfollowing the recent amendment of Section 232 tariffs on steel, aluminum and copper imports into the U.S.ASMLreported a year-over-year increase in2. WALL STREET CALLS:Cloudflareto Overweight at Piper SandlerSolarEdgeto Sell at Goldman Sachs on challenging valuationCitiAdientto Buy, opened "90-day upside catalyst watch"Shift4 Paymentsto Peer Perform at Wolfe ResearchDA DavidsonSymboticto Buy on "unparalleled" AI tech moat3. AROUND THE WEB:AMD, Arm, and Qualcommare investing $60M in Wayve as an extension of its $1.2B Series D round, TechCrunch reportsVolkswagenis preparing for even tougher competition in China, where the car market could shrink for the first time in a decade, Reuters reportsStellantismulls carmaking deal with Dongfengin Europe, China, Bloomberg saysUberCTO Praveen Neppalli Naga says the company's surging use of AI coding tools has maxed out its full-year AI budget just a few months into 2026, The Information reportsAnthropic has fielded multiple offers from VCs valuing the company at as much as $800B in recent weeks, Business Insider says4. MOVERS:Oklohigher afterto its board of directorsWebullgains after theto remove day-trading limit for investorsTempus AIincreases afterof its GenoPredicta with Predicta BiosciencesTeraWulflower after announcing aDauchfalls after TD Cowento $7 from $85. EARNINGS/GUIDANCE:Orionfor FY26 and FY27M&T Bank, with Daryl Bible, M&T's CFO commenting, "M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter"NOV Inc.and earnings guidance below prior guidanceSnapGloo, backed its guidance for Q1, and raised its outlook for FY26INDEXES:Near midday, the Dow was down 0.40%, or 192.72, to 48,343.27, the Nasdaq was up 1.06%, or 250.76, to 23,889.84, and the S&P 500 was up 0.45%, or 31.46, to 6,998.84.

Discussions of organizing U.S. and Iranian negotiator to iron out their disagreements, along with reports that European governments are taking a more active role in helping unclog the shipping route through the Strait of Hormuz, are boosting investor sentiment.  More benign than expected wholesale inflation data also worked in tandem to cooling geopolitical worries in continued repricing of Fed policy expectations toward greater likelihood of easing and supporting U.S. Treasuries.  Equities finished broadly higher, led by Consumer Cyclicals, Communications Services and Tech.  Meanwhile, Energy remained under pressure as Crude Oil prices continued to sink.In the opening hours of the evening session, WTI Crude Oil is falling further toward $88 per barrel, helped by a large build in API Petroleum inventories data leaving little concern of supply shock.  Equity futures are also slightly higher, with S&P e-minis now solidly above 7,000 and Nasdaq 100 breaching above 26,000 - with the latter also closing above the levels seen just before U.S.-Iran escalation.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Gloo Holdingsup 19.3%Mama's Creationsup 3.9%ALSO HIGHER -NN, Inc.up 12.1% after Q1 pre-announcementStoneCo Ltd.up 7.8% after announcing special dividendGitLabup 5.8% after announcing expanded partnership with Google CloudNIKEup 2.0% after insider buying activitySmith-Midlanddown 1.5%DOWN AFTER EARNINGS -Equity Bancsharesdown 2.2%ALSO LOWER -BRPdown 8% after suspending 2027 guidance due to changes in tariff environmentTeraWulfdown 6.4% after equity offeringSolarEdge Technologiesdown 3.6% after being cut to Sell at Goldman SachsAutolivdown 1.6% after being cut to hold at Jefferies