---
title: "U.S. Stock Market Midday Update: Silver Lake Partners plans to acquire Workday, stock price surges 14.12%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295833812.md"
description: "Workday rose 14.12%; Palantir Tech rose 4.05%, with a transaction volume of USD 3.975 billion; IREN rose 2.29%, with a transaction volume of USD 2.81 billion; Salesforce rose 4.47%, with a transaction volume of USD 1.538 billion; SAP rose 1.20%, with a market value of USD 238 billion"
datetime: "2026-08-13T18:43:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295833812.md)
  - [en](https://longbridge.com/en/news/295833812.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295833812.md)
---

# U.S. Stock Market Midday Update: Silver Lake Partners plans to acquire Workday, stock price surges 14.12%

**U.S. Stock Market Midday Update**

Workday rose 14.12%, with increased trading volume. Based on recent key news:

1.  On August 14, Silver Lake Partners is in talks to acquire enterprise cloud application software company Workday, with discussions still ongoing. Following the news, Workday's stock price surged 6.3%, leading to a trading halt.
    
2.  On August 13, sources revealed that Silver Lake Partners and Workday have been in discussions for several months. Although a final agreement has not yet been reached, this news has driven the stock price up.
    
3.  On August 11, Workday's stock price has fallen about 15% this year, as investors express doubts about the longevity of traditional software in the rapidly evolving artificial intelligence era. The enterprise software industry is shifting towards high-margin AI products.
    

**Stocks with High Trading Volume in the Industry**

Palantir Tech rose 4.05%. Based on recent key news:

1.  On August 11, Palantir's CEO and CTO conducted a large-scale stock sale, leading to negative market sentiment regarding internal confidence in the company. According to SEC filings, Sankar converted 35,000 shares of Class B stock to Class A stock and conducted internal sales worth approximately $43.7 million. This move is seen as a signal of uncertainty about the company's future, affecting stock price volatility.
    
2.  On August 12, well-known investor Michael Burry continued to short Palantir by purchasing put options expiring in March 2027, believing its valuation is too high. Burry's bearish stance has intensified market concerns about Palantir's long-term value, and despite strong financial performance, the stock price remains under pressure.
    
3.  On August 13, Palantir's financial report showed a commercial revenue growth of 84.7% and raised its full-year guidance. However, the stock price has still fallen 26% year-to-date, indicating ongoing market concerns about its high valuation. Analysts are cautious about its future growth, impacting stock price trends. The rotation in the AI industry is intensifying, with funds flowing into the software sector.
    

IREN rose 2.29%, with increased trading volume. Based on recent key news:

1.  On August 13, IREN successfully delivered Horizon 1 to Microsoft and received NVIDIA Exemplar Cloud certification. This achievement boosted market confidence in IREN, driving the stock price up. Source: Benzinga
    
2.  On August 13, IREN announced the completion of its acquisition of Mirantis, enhancing its AI cloud platform capabilities. This move is seen as an important step for the company to expand its AI data center capacity, attracting investor attention. Source: Benzinga
    
3.  On August 13, analysts maintained a buy rating on IREN and raised the target price to $90. Analysts' optimistic expectations further supported the stock price increase. Source: Benzinga. The AI data center industry continues to grow, with significant capital inflow Salesforce rose 4.47%. Based on recent key news:
    
4.  On August 13, UBS raised the target price for Salesforce from $185 to $210, maintaining a "Neutral" rating. Customer feedback on software spending has been mixed, which may dampen market expectations for accelerated revenue growth in the second half of the year.
    
5.  On August 13, JP Morgan resumed coverage of Salesforce, giving it an "Overweight" rating and a target price of $250. JP Morgan believes investors have underestimated Salesforce's high profit margins, sustainable growth business model, and its dominance in the customer relationship management software sector.
    
6.  On August 12, Wells Fargo raised the target stock price for Salesforce from $200 to $205. The overall industry is performing well, with significant capital inflows.
    

**Stocks ranked among the top in industry market capitalization**

SAP rose 1.20%. Based on recent key news:

1.  On August 13, NTT DATA announced the renewal of its global operational partnership certification with SAP, boosting market confidence in SAP's service capabilities. This move indicates NTT DATA's expertise in providing SAP operational services, driving up SAP's stock price.
    
2.  On August 13, NTT DATA emphasized its leading position in AI and digital infrastructure, further enhancing market confidence in SAP. As a top global employer, NTT DATA has experts in over 70 countries and has invested over $3 billion in R&D, increasing SAP's market appeal.
    
3.  No other significant news recently. The technology sector continues to grow, with noticeable capital inflows

### Related Stocks

- [WDAY.US](https://longbridge.com/en/quote/WDAY.US.md)
- [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md)
- [IREN.US](https://longbridge.com/en/quote/IREN.US.md)
- [CRM.US](https://longbridge.com/en/quote/CRM.US.md)
- [SAP.US](https://longbridge.com/en/quote/SAP.US.md)

## Related News & Research

- [EXCLUSIVE-Silver Lake in talks to buy Workday, sources say](https://longbridge.com/en/news/295833138.md)
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