WORK News and Press, Slack Technologies Inc. Class A From 07/25/21

Since the launch of the Apple App Store in 2008, mobile apps have changed the way business is done. Gaming is the poster child of the app economy. It was 71% of the $111 billion in-app revenue made on iOS and Android in 2020. However, the digital transformation of society goes wel...

Slack Technologies Inc. Class A (NYSE:WORK) traded today at a new 52-week high of $45.40. Approximately 11.6 million shares have changed hands today, as compared to an average 30-day volume of 5.8 million shares. Slack Technologies operates Slack, a software-as-a-service platform that br...

M&A activity increases with eight new deals announced. Welbilt terminates its deal with The Middleby Corporation and agrees to be acquired by Ali Group. Monmouth Real Estate Investment Corporation receives an unsolicited acquisition proposal from a large private investment fir...

Salesforce's mission unity around the cloud warrants a price premium over its peers who are wholly or partially phasing out legacy client/server delivery models. On top of the cloud migration trend, Salesforce is well-positioned to benefit from business automation trends accelerated b...

Matteo Colombo/DigitalVision via Getty Images It's a modified Merger Monday. M&A activity took center stage as the trading week got set to begin. However, not every headline related to deal announcements. In fact, the biggest news of the morning involved a transaction that won't take plac...

The pandemic made us change how we work and live. And these new conditions are not a perfect fit for all businesses. But, some businesses were just waiting for an opportunity like this. Most tech and e-commerce companies have just flourished during the previous year, so we saw some great gr...

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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Delta fearsIt's "Freedom Day" in the U.K., which just lifted the majority of its remaining coronavirus restrictions, but investors seem to be more nervous ...

Stephen Lam/Getty Images News Salesforce's (CRM) planned $28B purchase  ofSlack Technologies (WORK) was approved by the DOJ, according to an 8-K filing. Slack and Salesforce were informed by the DOJ on Friday that the DOJ had closed its investigation of the transaction. The companies exp...

Stephen Lam/Getty Images News Investors are eagerly anticipating Dept. of Justice approval for Salesforce's (CRM) planned almost $28B purchase of Slack Technologies (WORK) as well as Chinese approval for Analog Devices (ADI) planned acquisition of Maxim Integrated (MXIM). This week ...