CRM News and Press, Salesforce.com Inc From 06/06/24

2024-06-06 01:13:39 ET Summary Salesforce stock dropped ~20% after Q1 fiscal 2025 earnings, missing revenue expectations by ~$14 million. The negative sentiment was in anticipation of future growth challenges, but largely unwarranted. Salesforce may face a future economy with high...

2024-06-05 11:08:36 ET Summary Salesforce, Inc. stock experienced a significant drop after its earnings report, creating a buying opportunity. Despite the minor revenue miss, Salesforce remains a high-quality company with growth potential and an attractive valuation. The marke...

2024-06-05 10:27:05 ET Summary "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors... Sector representation...is also a consideration.”–Dow Jones & Co. The high...

2024-06-05 05:10:00 ET Oracle (NYSE: ORCL) , Salesforce (NYSE: CRM) , and Adobe (NASDAQ: ADBE) are three of the largest U.S.-based software companies. Oracle's stock price has languished over the past year, but Salesforce and Adobe have done even worse, with Salesfor...

2024-06-05 04:00:00 ET Summary LRT Capital is a fundamental investment hedge fund. Our sole aim in crafting our investment program is to maximize long-term investment returns. For the month of May, the strategy was up +0.69%, bringing overall results to +11.46% for the year. O...

2024-06-04 22:20:15 ET Summary Al Gore's 13F portfolio value decreased from $22.06B to $21.91B this quarter. The number of positions in the portfolio decreased from 45 to 42. The top five stakes in the portfolio are Amazon.com, Microsoft, Applied Materials, Thermo Fisher Scien...

2024-06-04 15:15:49 ET More on the markets Dow, S&P, and Nasdaq trade lower along with Treasury yields Cashing out of stocks may be tempting, but there’s further upside for the S&P 500: WFII S&P 500 Earnings: May Jobs Data Up And U.S. Banks' Unreal...

2024-06-04 12:24:26 ET More on artificial intelligence Salesforce: Company Has Become A Show Me Story Computex Chronicles Part 1: Nvidia Expands GenAI Vision Nvidia's Valuation Ignores Growing Competitive Threats Cisco reveals broad AI initiatives, including ...

2024-06-04 05:54:33 ET Summary Salesforce's Q1 performance fell short of expectations, with missed revenue estimates and weaker guidance for Q2. The potential of Salesforce's AI tools, particularly Data Cloud, has not translated into significant top-line growth. Slow adoption ...

2024-06-03 12:36:00 ET Summary Despite the Salesforce miss and the drop in software stocks last week, the trends in technology sector earnings remain positive. There is nothing about the S&P 500 EPS data that seems to indicate a problem with the US economy, at least as of toda...