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Schwab Network

Monday's Morning Movers: WDAY Downgrade, OKTA Upgrade, BABA's 3B Qwen Downloads

6 min17 augusti 2026

It's a mixed picture to kick off a new trading week. Sam Vadas highlights softness in the software space that includes a downgrade in Workday (WDAY). However, Okta (OKTA) was tapped with an upgrade. On the international front, Sam talks about Alibaba (BABA) and how its Qwen AI models have been downloaded 3 billion times, which is more than Meta Platforms (META) and Alphabet (GOOGL).


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