Salesforce Inc

Investors set their sights on upcoming inflation report as the bear market rally falters
World

Investors set their sights on upcoming inflation report as the bear market rally falters

The stock market may try to regain its footing in the next few sessions, even as a fresh inflation report looms large at the end of the week. Stocks struggled to move forward in the past week. With Friday’s sell-off, the major indexes closed out the four-day period with losses. That was disappointing to investors […]

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Cramer says when Wall Street overlooks ‘textbook bad news’ for a stock, do some buying
World

Cramer says when Wall Street overlooks ‘textbook bad news’ for a stock, do some buying

CNBC’s Jim Cramer on Thursday gave investors the go-ahead to buy shares of valuable companies that reported bad news, yet still managed to keep their stocks afloat. “The lack of new, broken-the-moment-you-buy-it stocks, and the horrendous declines in very valuable companies, have coalesced to create an environment where Wall Street’s willing to overlook some of […]

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Stocks making the biggest moves midday: Salesforce, Delta, Albemarle and more
Finance

Stocks making the biggest moves midday: Salesforce, Delta, Albemarle and more

Pedestrians pass in front of the Salesforce Tower in New York. Victor J. Blue | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Salesforce — Shares of the enterprise-software maker jumped nearly 10% after the company’s stronger-than-expected quarterly earnings report. Salesforce also lifted its full-year earnings guidance, but reduced its […]

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Salesforce shares jump on upbeat results in the face of tough economy
Technology

Salesforce shares jump on upbeat results in the face of tough economy

Marc Benioff, CEO of Salesforce, at the WEF in Davos, Switzerland on May 25th, 2022.  Adam Galica | CNBC Salesforce shares jumped as much as 15% on Wednesday, after the cloud software vendor maker issued better-than-expected quarterly results and lifted its full-year profit forecast. On a day when most tech stocks and the broader equity […]

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5 things to know before the stock market opens Wednesday
Business

5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures rise as Wall Street begins June trading A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty […]

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Stocks making the biggest moves premarket: Capri Holdings, Salesforce, Weibo and others
Finance

Stocks making the biggest moves premarket: Capri Holdings, Salesforce, Weibo and others

Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The parent of luxury brands, like Michael Kors, Versace and Jimmy Choo, saw its stock surge 11% in the premarket after posting better-than-expected quarterly numbers before giving back nearly all those gains. Capri earned an adjusted $1.02 per share, 20 cents above […]

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Stock futures jump ahead of first day of June
World

Stock futures jump ahead of first day of June

Stock futures were higher early Wednesday morning as Wall Street turned the page to another month. Futures tied to the Dow Jones Industrial Average added 165 points, or 0.5%. Those for the S&P 500 ticked up 0.1%. Nasdaq 100 futures, on the other hand, rose 0.13%. The move in futures came after a down day […]

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Salesforce CEO Marc Benioff says foreign exchange pushed the company to lower revenue guidance
Business

Salesforce CEO Marc Benioff says foreign exchange pushed the company to lower revenue guidance

Salesforce co-founder and co-CEO Marc Benioff told CNBC’s Jim Cramer on Tuesday that the rising value of the dollar played a part in the software company lowering revenue guidance in its latest quarter. “Our guidance is really impacted by foreign exchange,” Benioff said in an interview on “Mad Money.” “We have now had to consume […]

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Salesforce stock jumps as it raises profit forecast
World

Salesforce stock jumps as it raises profit forecast

Marc Benioff, co-CEO of Salesforce.com Inc., speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Tuesday, May 24, 2022. Hollie Adams | Bloomberg | Getty Images Salesforce shares rose 6% in extended trading on Tuesday after the enterprise-software maker reported fiscal first-quarter results that surpassed analysts’ expectations and lifted its […]

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Stocks making the biggest moves midday: American Eagle Outfitters, Unilever, Nio and more
Business

Stocks making the biggest moves midday: American Eagle Outfitters, Unilever, Nio and more

Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Check out the companies making headlines in midday trading. Marathon Oil, Diamondback Energy — Energy stocks rose along with oil prices after an agreement from European Union leaders to ban most crude imports from Russia stoked inflation fears. […]

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