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2 mins read
Salesforce plunges 21% after it reports its first revenue miss since 2006
"We would be buyers on weakness this morning as seeing the forest through the trees this is a turna…
Matthew Fox
2 mins read
Stock market today: US stocks extend losses ahead of new inflation data
Investors will get a fresh inflation reading, with implications for Fed policy as the markets heads…
Max Adams
2 mins read
Salesforce could spark a broader rally in the tech sector after better-than-feared earnings results, Wedbush says
Salesforce surged 10% on Wednesday after the company raised its full-year adjusted operating margin…
Matthew Fox
2 mins read
Elon Musk is $100 billion richer than in April thanks to Tesla's stock surge — and worth more than McDonald's or Pepsi
Tesla CEO Elon Musk has staged a $100 billion comeback after a $65 billion wealth drop in the sprin…
Theron Mohamed
2 mins read
Salesforce rises as the software maker lifts earnings outlook after completing its acquisition of Slack
Salesforce's outlook follows the July 21 closing of its $27.7 billion acquisition of workplace mess…
Carla Mozée
1 min read
Salesforce stock has 26% upside as Marc Benioff's company shows resolve on 'disciplined growth,' Bank of America says
Bank strategists said the company's latest earnings report, which beat expectations, showed the tec…
Phil Rosen
2 mins read
Salesforce stock could jump 32% after 'beat and raise' quarter, Wedbush says
Wedbush's Dan Ives holds a $300 price target on shares of Salesforce, representing a potential 32% …
Will Daniel
1 min read
Exxon has soared more than 150% to a record high since it was dropped from the Dow Jones Index as oil surges while replacement Salesforce has fallen 30%
On Wednesday, Exxon Mobil stock soared to its first new record high in eight years, and now hovers …
Phil Rosen
2 mins read
Freshworks jumps 36% in trading debut after pricing IPO at $36 per share
The firm priced its initial public offering at $36 per share Tuesday evening, selling 28.5 million …
Isabelle Lee
2 mins read
Slack surges 7% on report that Salesforce takeover will be announced Tuesday afternoon at a premium
The news lifted Slack shares to record highs. The company has rallied roughly 64% since reports of …
Ben Winck
2 mins read
Charlie Munger was a fraction as wealthy as Warren Buffett. He would've been worth over $10 billion if he'd kept all of his Berkshire Hathaway stock.
Warren Buffett's business partner, Charlie Munger, would be a lot richer today if he hadn't sold or…
Theron Mohamed
2 mins read
Salesforce falls 11% after confirming $27.7 billion Slack acquisition and forecasting slower growth
The Slack deal's price tag reflects a 55% premium to where shares traded before news of the acquisi…
Ben Winck
1 min read
Slack spikes 32% following report of potential takeover by Salesforce
Such a deal would likely value Slack at more than the $17 billion market cap it held before shares …
Ben Winck
2 mins read
Salesforce spikes 29% on blockbuster earnings and boosted full-year forecast
Salesforce's post-earnings surge led the S&P 500 in Wednesday trading and pushed the benchmark inde…
Ben Winck
2 mins read
Salesforce CEO Marc Benioff sounds the alarm on recession - with shades of the dot-com crash and financial crisis
Benioff's recession strategy centers on boosting profitability instead of growing sales or making a…
Theron Mohamed
7 mins read
Happiest Minds is a smaller company that does the same thing as MindTree and L&T Infotech — but clearly it is doing it a lot better
Nomura believes this momentum will continue to build as a result of ramp up in deals and partn…
2 mins read
Salesforce CEO Marc Benioff is bracing for a brutal recession - and says he was blindsided by the market chaos last year
Benioff steered Salesforce through both the dot-com crash and financial crisis, and now he's prepar…
Theron Mohamed
2 mins read
Activist investor Elliott Management has reportedly snapped up a multibillion-dollar stake in Salesforce
The Wall Street Journal reported that Elliott Management had invested in the flagging software gian…
Ryan Hogg
5 mins read
A Goldilocks economy could be coming, but a key piece of the puzzle remains elusive
In today's big story, we're looking at why investors are eyeing an even better outcome for the mark…
Dan DeFrancesco
5 mins read
Microsoft's $3 trillion market cap milestone is the latest in a string of wins for Big Tech's elder statesman
In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 …