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Salesforce Stock Falls As AI Agents Aim To Win Skeptical Customers
Forbes· 2025-02-14 14:24
SUN VALLEY, IDAHO - JULY 12: Marc Benioff, Chief Executive Officer of Salesforce, walks with other ... [+] attendees as they leave a morning session at the Allen & Company Sun Valley Conference on July 12, 2023 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful figures from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Kevin Dietsch/Getty Images)Getty ImagesSalesforce’s stock has lost 10% o ...
Salesforce: Waiting For A Major Catalyst In February
Seeking Alpha· 2025-02-11 12:30
My November 2024 'Strong buy' call aged well because Salesforce (NYSE: CRM ) stock delivered a 10% return since then. The broader market also demonstrated positive performance over the same period, but S&P 500 grew slower. I remain confident in CRM'sComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies p ...
The Zacks Analyst Blog Salesforce, Qualcomm, Verint, Varonis and S&P Global
ZACKS· 2025-02-10 10:01
For Immediate ReleasesChicago, IL – February 10, 2025 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include, Salesforce Inc. (CRM) , Qualcomm Inc. (QCOM) , Verint Systems Inc. (VRNT) , Varonis Systems Inc. (VRNS) and S&P Global Inc. (SPGI) .Here are highlights from Monday’s Analyst Blog:5 Big Data Providers to Buy o ...
Here is Why Growth Investors Should Buy Salesforce.com (CRM) Now
ZACKS· 2025-02-07 18:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...
Salesforce Ascends 33% in Six Months: Is the Stock Still a Buy?
ZACKS· 2025-02-07 15:40
Salesforce, Inc. (CRM) has been on a remarkable rally, rising 32.8% over the past six months despite broader market volatility. This impressive gain outpaces the Zacks Computer – Software industry’s 9% rise and the S&P 500’s 15.3% increase. Even tech giants like Microsoft Corporation (MSFT) , Intuit Inc. (INTU) and Adobe Inc. (ADBE) haven’t matched Salesforce’s recent performance, cementing its position as a leader in enterprise software.One-Month Price Return PerformanceImage Source: Zacks Investment Resea ...
5 Big Data Providers to Buy on Lucrative Short-Term Upside Potential
ZACKS· 2025-02-07 13:56
Big Data refers to vast and diverse collections of structured, unstructured and semi-structured data that inundate businesses on a day-to-day basis. It encompasses the volume of information spurred by digital technology advancements, the velocity or speed at which it is created and collected, and the variety or scope of the data points being covered (known as the "three V's" of Big Data). Over the past few years, three additional V's have gained precedence - value, variability and veracity.The big data spac ...
Why Salesforce Stock Is Sinking Today
The Motley Fool· 2025-02-06 21:51
Shares of Salesforce (CRM) were trading lower on Thursday. The company's stock lost 4.5% as of 3:30 p.m. ET but was down as much as 5.4% earlier in the day. The move down comes as the S&P 500 gained 0.1% and the Nasdaq composite gained 0.2% on the day.Salesforce stock took a hit after the sales software giant announced on Wednesday evening that longtime President and COO, Brian Millham, would be retiring.Change in leadershipBrian Millham was with Salesforce for 25 years. Stepping into a newly created role t ...
Salesforce picks board member Robin Washington to be its next finance and operating leader
CNBC· 2025-02-05 21:53
FILE PHOTO: Robin Washington speaks on stage during 2019 Watermark Conference for Women Silicon Valley at San Jose McEnery Convention Center on February 22, 2019 in San Jose, California.Salesforce on Wednesday said former Gilead Sciences finance chief Robin Washington will join the software maker to become president and chief financial and operating officer. Washington will join Salesforce in March, replacing finance chief Amy Weaver and operating chief Brian Millham, who will retire in May.In August, Sales ...
Salesforce.com (CRM) Laps the Stock Market: Here's Why
ZACKS· 2025-02-04 23:51
Salesforce.com (CRM) closed the most recent trading day at $344.14, moving +1.44% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.72%. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.35%.The customer-management software developer's shares have seen an increase of 2.64% over the last month, surpassing the Computer and Technology sector's loss of 1.35% and the S&P 500's gain of 1.02%.The upcoming earni ...
Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople
PYMNTS.com· 2025-02-04 16:28
Salesforce is reportedly eliminating over 1,000 jobs while hiring staff to sell its artificial intelligence products.Workers who are displaced will be able to apply for other roles within the company, Bloomberg reported Monday (Feb. 3), citing unnamed sources.It wasn’t clear which divisions were affected by the layoffs, the report said. Salesforce, a provider of customer management software, had nearly 73,000 employees as of January 2024, when its previous fiscal year closed.Salesforce did not respond to PY ...