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SoftBank's profitability and debt metrics have improved significantly. This is in contrast to earlier this year when the Japanese conglomerate was on the brink of a disaster. Due to changed nature of operations as an investment company now favoring equity participation over involv...
The management team at Salesforce.com announced plans to acquire Slack Technologies in a deal valued at $27.7 billion. This maneuver helps to create a more comprehensive platform for enterprises under one roof. Though Slack looks to be a pricey buy, it will likely end up being con...
Business software maker Salesforce.com (NASDAQ: CRM) is buying work-chat service Slack Technologies (NYSE: WORK) for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft (NASDAQ: MSFT). The acquisition announced ...
Wedbush Securities analyst Dan Ives weighs in on the $27.7B acquisition by Salesforce (CRM) of Slack (WORK). "The core reason for this deal in our opinion is to keep pace with the cloud behemoth in Redmond. Microsoft with its Azure/Office 365 cloud stack and Teams enterprise messaging solutio...
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. Mass vaccinationThe U.K. has become the first country in the world to approve the coronavirus vaccine from Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX), wh...
It's official: salesforce.com (NYSE: CRM) has formally submitted its offer to purchase remote work service Slack Technologies (NYSE: WORK) . It ends a tumultuous run for Slack stock. A high-water mark out of the gate when the company IPO'd over the summer of 2019 wasn't ever...
Total revenue of $234.5 million up 39% year-over-year Added 12,000 net new Paid Customers, up 140% year-over-year Over 520,000 connected endpoints on Slack Connect, up 240% year-over-year Slack Technologies, Inc., (NYSE: WORK) today reported financial results...
Salesforce (CRM) signs a definitive agreement to acquire Slack (WORK) in a deal with an enterprise value of about $27.7B.Each Slack shareholder will receive $26.79 in cash and 0.0776 Salesforce shares per share."Stewart and his team have built one of the most beloved platforms in en...
Combination of #1 CRM platform with the most innovative enterprise communications platform will create the operating system for the new way to work, enabling companies to grow and succeed in the all-digital world Salesforce (NYSE: CRM), the global leader in CRM, and Slack Te...
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...
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Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...