Microsoft is bringing meditation app Headspace to its Teams app to help reduce work stress.
Julie Hyman breaks down Thursday's business headlines, including: TikTok's parent company ByteDance experiencing rapid growth as the platform maintained 1.9 billion monthly active users, the U.S. DOJ filing a lawsuit against Aon to stop its $30 billion purchase of Willis Tower Watson, CureVac's Covid vaccine failing a critical-late stage study that saw a 47% effective rate, and Microsoft CEO Satya Nadella being named chairman of the board replacing John Thompson
Shares of Appian (NASDAQ: APPN) were moving higher today after the maker of low-code cloud software got a bullish note from Hedgeye, which added the stock to its "best ideas" list. Hedgeye said it sees "product and market demand upside of 3x over time as low-code goes from marginal to mainstream, and as APPN goes from #2 to clear #1." The leader that Hedgeye is referring to is probably Microsoft, though Appian is considered the leading independent, low-code platform.