Its Wave flipping between forests and trees.
Whenever it is a broad positive TC thingy that does not include Wave specifically, then is is a good forest thing, and good for Wave by association.
Whenever it is a broad negative TC thingy that doesn't specifically affect one of Wave's trees, its immaterial.
Forest yesterday, trees today, when NIST gets settled its back to forest.
I do like the migration of Wave to a tick box on the HP site. That that coincides with the Levano thingy does indicate that those two biggies seem to think it is worthwhile to streamline Wave's third party offerings on their platforms.
It is somewhat pullish, and where's there is pullish there may be bullish.