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WORK News and Press, Slack Technologies Inc. Class A From 12/01/20

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Company Name: Slack Technologies Inc. Class A
Stock Symbol: WORK
Market: NYSE
Website: slack.com

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WORK - Dow Jones Jumps as Apple Stock Rallies, Salesforce.com Stock Slumps Ahead of Earnings

The Dow Jones Industrial Average (DJINDICES: ^DJI) was rallying on Tuesday, although it underperformed the other major stock indices. A new COVID-19 stimulus bill worth over $900 billion was unveiled by a bipartisan group of lawmakers, perhaps increasing the chances that stimulus le...

WORK - Embrace Disruption With ARK Next Generation Internet ETF

The global pandemic of 2020 has sparked tremendous advance in innovation due to the unique challenges imposed by the COVID-19 outbreak. The disruption to everyday life due to the pandemic has forced us to embrace change far more rapidly which speeds up the adaption curve of new techno...

WORK - Salesforce.com Deal to Buy Slack Reportedly to Be Announced on Tuesday

The latest high-profile deal in the tech sector could be officially announced in less than 24 hours. CNBC reported on Monday the hot buyout rumor of the moment -- that salesforce.com (NYSE: CRM) is acquiring Slack (NYSE: WORK) -- will likely be confirmed after market close o...

WORK - Slack: Play The Merger

Rumor is that Salesforce is looking to acquire Slack. The play makes strategic sense, and Slack has not fared well in the public markets, although its tenure is short. The acquisition is likely to be at $25 billion+ valuation per my analysis. For further details see: Sla...

WORK - Why Slack Stock Jumped Again Today

Shares of Slack (NYSE: WORK) have jumped by as much as 7% today on continued speculation that salesforce.com (NYSE: CRM) is preparing to announce a deal to acquire the enterprise collaboration specialist. Rumors of the acquisition first surfaced last week, sending shares soa...

WORK - Salesforce Lacks Value Ahead Of Q3 Earnings And Slack Purchase

A closer look at the Slack deal. Salesforce set to release third-quarter earnings. Second-quarter earnings per share beat was a one-off. Valuations are weighty but in-line with peers. For further details see: Salesforce Lacks Value Ahead Of Q3 Earnings And Slack Purc...

WORK - Dow Jones Tumbles as Apple Stock Rises on Price Target Bump, Salesforce Stock Slumps on Expected Slack Acquisition

The Dow Jones Industrial Average (DJINDICES: ^DJI) couldn't hold it together on Monday, slumping about 0.89% by 10:05 a.m. EST. The COVID-19 vaccine situation improved after Moderna released the full results of its phase 3 study, but the news wasn't enough to propel the markets ...

WORK - 3 Top Work-From-Home Stocks To Watch As Coronavirus Cases Remain High

Are These The Best Work-From-Home Stocks To Watch In December? 3 Names To Know Work-from-home stocks have undoubtedly had a phenomenal year in the stock market . Understandably, working from home has been and continues to be a new way of life across the globe. Amidst the pan...

WORK - I Can See Salesforce.com Buying Slack For $23 Billion, Or More

There's a rumor that Salesforce.com is interested in Slack. It seems to me the rumor is likely true because it is widespread, reasonably specific and it makes sense. From a strategic perspective, it is easy to see how this could be a powerful combination. Salesforce has a hist...

WORK - Five Reasons Ethereum Is Way More Powerful Than Bitcoin

Ethereum as a currency can verify transactions in 10 seconds, as opposed to 10 minutes in bitcoin. Switch to proof of stake over proof of work carries many technical advantages. Smart contracts' productivity added could be more important than the transactions. Ethereum's dApps...

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