The tech sector has been dramatically underperforming the S&P 500 during the Trump rally -- and these five big tech stocks still look 'toxic.'
Fitbit is acquiring intellectual property and staff from Pebble, which is being shut down. Reports have suggested the deal cost between $34 million and $40 million.
Like Salesforce, Workday is seeing slowing growth in its original market. To keep growing rapidly, the company needs to expand its presence in adjacent fields featuring tough competition.