CRM News and Press, Salesforce.com Inc From 03/27/24

2024-03-27 13:27:40 ET Amazon ( NASDAQ: AMZN ) is making a significant financial commitment to artificial intelligence technology with another $2.75B strategic investment in AI startup Anthropic , bringing its total investment in the company to $4B.  ... Read the full...

2024-03-27 03:50:00 ET Salesforce (NYSE: CRM) , the largest cloud-based customer relationship management (CRM) company in the world, went public on June 23, 2004. The company, founded five years earlier by former Oracle executive Marc Benioff, attracted lots of attention by repl...

2024-03-26 20:48:44 ET Summary Lone Pine Capital's 13F portfolio value increased from $10.37B to $11.56B this quarter. The number of holdings decreased from 26 to 25. The top three positions in the portfolio are Meta Platforms, Taiwan Semi, and Microsoft. This articl...

2024-03-26 13:52:31 ET Summary Shopify Inc.'s share price performance since the last earnings release is a major warning sign for investors. In spite of Shopify's spectacular growth story, the pressure to deliver adequate GAAP profitability is rising. Management should take no...

2024-03-26 13:12:32 ET More on Adobe Adobe: AI Story Is On Right Track, Time To Be Patient (Rating Upgrade) Adobe's AI Struggle Is Common, But Unfortunate For Becoming A Standout Adobe: A Powerhouse Investment In The AI Future Adobe tumbles as AI concerns cro...

2024-03-24 21:53:59 ET Summary Harris Associates' 13F portfolio value increased from $51.39B to $58.34B in Q4 2023. The portfolio is diversified with around 200 positions, with the largest five stakes being Alphabet, Capital One Financial, IQVIA, Intercontinental Exchange, and Cha...

2024-03-23 02:44:25 ET Summary Salesforce Valuation Update: Fair price at $305, slightly below current $306.08, indicating a hold rating with limited upside. Growth Plans and Market Position: Targeting $50B revenue by 2026, holds 12.3% market share in $282.20B SaaS market. Ind...

Salesforce (NYSE: CRM), the #1 AI CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the "Plan") to new employees who joined Salesforce in connection with the acquisition of Spiff. The Plan was adopted by the Salesforce Board of Directors in July 20...

2024-03-21 12:23:03 ET More on Microsoft Costco And Microsoft Trigger Our Buy-On-Weakness Signal (Technical Analysis) Microsoft: Strong Financials, Bright Outlook And Solid Upside Potential, Buy Microsoft Corporation (MSFT) Morgan Stanley Technology, Media and Teleco...

2024-03-21 12:15:02 ET UBS analyst issues UNDERPERFORM recommendation for CRM on March 21, 2024 10:00AM ET. The previous analyst recommendation was Underperform. CRM was trading at $310.61 at issue of the analyst recommendation. The overall analyst consensus : BUY. C...