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Salesforce appoints longtime government Denise Dresser as Slack CEO
Freshly appointed Slack CEO Denise Dresser, Rocket Mortgage Chief Marketing Officer Casey Hurbis and Boston Consulting Team Running Director and Lover Shilpa Sharma converse in the course of Vox Media’s Code Meeting in Beverly Hills, California, on Sept. 7, 2022. Randy Shropshire | Getty Photos Longtime Salesforce government Denise Dresser has been appointed CEO of […]
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Salesforce CEO says Dreamforce is keeping in San Francisco right after reaching deal with mayor
Marc Benioff, chief executive officer of Salesforce.com Inc., speaks throughout a keynote at the 2023 Dreamforce conference in San Francisco, California, US, on Tuesday, Sept. 12, 2023. Benioff mentioned new product capabilities, such as all those driven by synthetic intelligence, will be shown at the firm’s yearly conference in September. Marlena Sloss | Bloomberg | […]
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We had a busy week of trades in an oversold market. Here’s the day-by-day breakdown
Elevated bond yields and geopolitical uncertainty continued to be negative for stocks this week as the overall market moved into oversold territory. However, that set us up to put cash to work and make four small buys as our discipline mandates. We also upgraded one of our tech giants after it reported a stellar quarter […]
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Microsoft’s AI boost assisted cloud organization outpace rivals Amazon and Google in hottest quarter
In the superior-stakes cloud-computing struggle, Microsoft is outpacing its major rivals. Third-quarter final results are in for most mega-cap tech organizations just after a large week for tech earnings. On the cloud aspect, Microsoft claimed growth of 29% at Azure. That’s speedier than Google Cloud’s 22% expansion and additional than double the pace of expansion […]
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Databricks, the $43 billion analytics organization, acquires information startup Arcion for $100 million
Ali Ghodsi, co-founder and CEO of Databricks Inc., speaks for the duration of a Bloomberg Technological innovation television interview in San Francisco on Oct. 22, 2019. David Paul Morris | Bloomberg | Getty Pictures Databricks has agreed to obtain Arcion, an organization knowledge firm, for about $100 million, like incentives, CEO Ali Ghodsi told CNBC […]
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Here’s a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
Jim Cramer ran through the names during the Club’s October Monthly Meeting on Wednesday. Source
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Currently a humanitarian disaster, war with Hamas could have important influence on Israel’s financial state
Israeli armuy troopers deploy at a position close to the border with Gaza in southern Israel on October 11, 2023. Menahem Kahana | AFP | Getty Pictures As Israel prepares for what could be a long war with massive humanitarian implications, there are also issues about how a protracted battle could weigh on the country’s […]
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15 stocks with a history of dividend growth are expected to deliver once again this year
Broadcom (AVGO), Caterpillar (CAT) and Eli Lilly (LLY) are among the 15 Club stocks with a streak of annual dividend growth that Wall Street expects to continue in their current fiscal years. Long-term investors should look to own companies with a history of dividend growth instead of chasing stocks with high yields, Morgan Stanley strategists […]
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Here are all the portfolio moves the Club made in this week’s oversold market
With the stock market deeply oversold this week, we put cash to work by picking stocks across a range of sectors including energy, technology and materials. We also added a former Club chipmaker to our Bullpen and upgraded a premium beer name to a buy rating. Finally, Friday’s market reversal helped us make good on […]
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This bearish fund supervisor thinks the U.S. is headed for a personal debt crisis. This is what he’s acquiring
The U.S. is headed for a key financial debt disaster thanks to its fiscal deficit becoming at the “worst structural position considering that Planet War II,” according to benefit trader Matthew McLennan. McLennan, co-head of To start with Eagle’s World Price crew, said equity and bond marketplaces are demonstrating signs of “relative complacency” and are […]
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