CRM News and Press, Salesforce.com Inc From 06/16/24

2024-06-16 08:30:00 ET Summary Adobe Inc. stock experienced a surge last week as investors were too pessimistic. Adobe is a creative software behemoth that is well-primed to deepen its dominance further. Smaller AI startups face business model sustainability challenges, which ...

2024-06-15 00:09:25 ET Summary AI has been a hot topic in earnings calls, but companies like Salesforce, MongoDB, and UiPath have yet to see significant results. Datadog is integrating AI into its cloud platform, with AI products contributing 3.5% to ARR. With its slate of AI-focu...

2024-06-14 16:00:00 ET Summary Salesforce retains its market-leading position in the CRM market, but its market share has been consistently declining as the RPO growth also decelerates. The slower monetization of Einstein 1 and the lowered FY2025 guidance raise growth concerns, wi...

2024-06-14 14:18:18 ET Summary Salesforce has continued to plummet after its Q1 earnings print, positioning this stock as a near-term buy. Investors panned the company's weaker growth relative to the past, but key cloud areas are showing impressive constant-currency growth. Th...

2024-06-14 09:54:19 ET Wall Street investors have observed an optimistic undertone in the broader market averages, with the S&P 500 ( SP500 ) trading near record highs and advancing 2.9% over the past month, but not all stocks have felt such a positive push.... Read the fu...

Meeting to be webcast live on Salesforce’s investor relations website Salesforce (NYSE: CRM), the #1 AI CRM, announced the company's annual meeting of stockholders will be held on Thursday, June 27, 2024, at 11:00 a.m. (PT) / 2:00 p.m. (ET). This year’s meeting is a virtua...

2024-06-12 17:21:00 ET Summary CPI comes in cooler than expected, cheering rate Doves. Fed holds rates and dials back rate cut expectations for 2024. Global oil demand expected to peak by 2030, creating major supply surplus. Listen below or on the go on Apple Podca...

2024-06-12 15:36:07 ET "Salesforce is keenly focused on its Data Cloud solution," said Baird analysts Rob Oliver and Patrick Schulz, in a note. "The company has cited strength, but overall checks have been mixed. While not material from a revenue perspective, we believe this will remain...

2024-06-12 10:47:04 ET XPeng Inc (XPEV) XPEV is trading DOWN for the last 4 days, and it at trading at $7.44 with volume of 5,780,509 and a one day change of $-0.06 (-0.80%). XPeng Inc has a 52-week low of 6.55 and a 52-week high of $23.62. The business's 50-day moving average price...

2024-06-12 09:25:00 ET Summary It is understandable that many default to the assumption that AI advancements are highly beneficial for Nvidia and consequently they opt to invest in NVDA stock. Nvidia has maintained extremely high gross margins and this raises the question of wheth...