S&P 500 Could Hit 8,000 Soon, Morningstar Says — CRM, NOW, WDAY And MSFT Lead The August Rebound
Salesforce, ServiceNow, Workday and Microsoft are leading a software rebound once thought unlikely amid AI disruption fears.
| Ticker |
MORN
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| CIK | 0001289419 |
| SIC | 6282 |
| Sector | Finance, Insurance, And Real Estate |
| Industry Category | Trading |
| Industry Group | Security And Commodity Brokers, Dealers, Exchanges & Services |
| Address | 22 WEST WASHINGTON STREET, CHICAGO, IL, 60602 |
| Website | morningstar.com |
| Phone | (312) 696-6000 |
| CEO | Kunal Kapoor |
| Employees | 12,200 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
S&P 500 Could Hit 8,000 Soon, Morningstar Says — CRM, NOW, WDAY And MSFT Lead The August ReboundSalesforce, ServiceNow, Workday and Microsoft are leading a software rebound once thought unlikely amid AI disruption fears. Good Stock Picks, Bad Trading: Why Active Funds Still LaggedIndexing’s advantage is not merely lower fees. It is also behavior. GenAI Disruption Fears Pullback in Morningstar (MORN) Despite Solid Financial FundamentalsBaron Capital, an investment management company, released its Q2 2026 letter for “Baron Partners Fund”. A copy of the letter can be downloaded here. Baron Partners Fund reported a 16.61% (Institutional Shares) gain in Q2, outperforming both the Russell Midcap Growth Index (14.55%) and the Russell 3000 Index (15.44%). Year-to-date, it has returned 10.40%, exceeding […] AI Is Driving Up Treasury Yields: ‘It Just Touches Everything’An age-old economics tenet posits that excessive government borrowing can leave little room for companies to tap financial markets and drive up their interest rates to punishing levels. It’s called the “crowding out” theory. NIO Stock Suffers Worst Run In 3 Weeks — Morningstar Sees 2027 Profit Even As China EV Price War RagesNio could reach breakeven in 2027 with $348 million in net profit, but Morningstar expects cash burn to persist for “at least a couple more years.” |