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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   


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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   


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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   


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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   


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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   


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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   


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4 mins read

Salesforce's stock is a bargain right now and will stay that way even after it reports earnings next week, Wall Street analysts say

Although Salesforce's shopping spree is raising eyebrows, this purchase makes a lot of sense on its…

Julie Bort   


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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   


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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   


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3 mins read

Clash of the titans: Billionaire activist investors are putting pressure on top CEOs who were once thought untouchable

Bob Iger of Disney and Marc Benioff of Salesforce are the latest high-profile CEOs to face pressure…

Matthew Fox   


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4 mins read

Becky Peterson   


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Salesforce cashed out its Zoom stake last quarter, potentially scoring a 600% return in 14 months

Marc Benioff's enterprise-software company bought $100 million of Zoom stock in April 2019, and has…

Theron Mohamed   


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Marc Benioff's Salesforce scores a 370% return on Zoom after investing $100 million last year

Zoom's stock price has skyrocketed as the coronavirus pandemic continues to drive users to its vide…

Theron Mohamed   


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4 mins read

Salesforce's $100M Dropbox investment, on the eve of the IPO, could signal an acquisition

Salesforce Ventures, the in-house venture arm of the cloud services company, currently has five act…

Becky Peterson   


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3 mins read

Salesforce spikes to an all-time high as Wall Street buys into its growth story

"Software profitability is driven almost entirely from a combination of scale and recurring revenue…

Eugene Kim   


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Salesforce CEO Marc Benioff is freezing his salary after hearing complaints about his $40 million pay

"We believe that these actions advanced our compensation practices and governance in a manner respo…

Eugene Kim   


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MORGAN STANLEY: Salesforce poised to clear 'low bar' in Tuesday's earnings, with 37% stock gains by 2020 likely

Wall Street has high expectations for Salesforce going into its fiscal Q1 2019 earnings on Tuesda…

Becky Peterson   


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Salesforce is in talks to buy MuleSoft, briefly sending shares through the roof

MuleSoft was the brainchild of founder Ross Mason, who began it as a small open-source project in 2…

Julie Bort   


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Almost half of Salesforce shareholders voted against CEO Marc Benioff's $39 million pay package

Last year, CEO Marc Benioff made $39.9 million in total compensation, a 25% raise from last year, w…

Eugene Kim   


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Marc Benioff says the 'roaring' market has ended Salesforce's $5 billion buying binge

Instead, 2017 may bring a new pattern of behavior from Benioff and Salesforce - today, Salesforce a…

Matt Weinberger