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Businessstraits-timesseeking-alpha10h ago2 sources

Salesforce and Braze Update Financial Outlooks

Salesforce has raised its FY 2027 revenue guidance to $45.9B-$46.2B and launched a $25B accelerated share repurchase program, though its forecast disappointed some amid AI disruption fears. Meanwhile, Braze raised its FY 2027 revenue outlook to $895M-$899M.

Salesforce Secures $72 Million U.S. Air Force Contract
TechnologyYahoo12d ago

Salesforce Secures $72 Million U.S. Air Force Contract

Salesforce has been awarded a new $72 million contract from the U.S. Air Force, a development that is seen as positive but not transformative for CRM stock. While exciting, the contract is not expected to be a game-changer for the company's overall financial performance.

Salesforce Develops Audit Trail for Enterprise AI Agents
TechnologyYahoo18d ago

Salesforce Develops Audit Trail for Enterprise AI Agents

Salesforce is building an audit trail feature for its enterprise AI agents, enabling organizations to track and monitor AI activities for accountability, transparency, and regulatory compliance. This enhances governance capabilities for AI deployments.

Michael Burry Buys Dip in Salesforce and Other Software Stocks
Financecnbc1mo ago

Michael Burry Buys Dip in Salesforce and Other Software Stocks

Investor Michael Burry has reportedly bought the dip in Salesforce and other software stocks following an AI-fueled sell-off. He expressed confidence that technical pressures from private credit and software debt issues would not significantly affect these stocks for much longer.

Goldman Sachs Q1 Earnings Beat Expectations, Stock Falls
FinanceReutersbloombergNYT+14wsjFTcnbcfazglobe-and-maille-figarotvn24marketwatch+6 more1mo ago17 sources

Goldman Sachs Q1 Earnings Beat Expectations, Stock Falls

Goldman Sachs reported first-quarter revenues that beat expectations, showing regional shifts and increased loss provisions, though its stock experienced a decline despite the positive earnings report.

Salesforce CEO Marc Benioff Discusses AI's Impact on Engineering Jobs
BusinessTimes of India1mo ago

Salesforce CEO Marc Benioff Discusses AI's Impact on Engineering Jobs

Salesforce CEO Marc Benioff stated that AI coding agents have boosted the productivity of the company's 15,000 engineers by over 30%, leading to no new engineer hires in fiscal year 2026. Benioff's comments highlight the growing influence of artificial intelligence on the tech workforce.

Salesforce CEO takes swipe at Jack Dorsey's Block after mass layoffs
TechnologyTimes of India2mo ago

Salesforce CEO takes swipe at Jack Dorsey's Block after mass layoffs

Salesforce CEO Marc Benioff dismissed Block's massive layoffs as company-specific issues, not an AI-driven jobs apocalypse. He argued AI boosts productivity without wholesale cuts, citing Salesforce's growth. Skeptics, however, suggest Block's cuts are due to pandemic-era bloat rather than AI advancements.

Jim Cramer's Stock Picks and Market Commentary
BusinessYahoo2mo ago

Jim Cramer's Stock Picks and Market Commentary

Jim Cramer offers his opinions and analysis on various companies including Imax, J. M. Smucker, Workday, ServiceNow, Salesforce, NVIDIA, Caterpillar, and Crowdstrike, discussing their performance and market outlook.

Salesforce Beats Earnings, PDD Stock Down on Q1 Miss
BusinesscnbcYahooseeking-alpha13h ago3 sources

Salesforce Beats Earnings, PDD Stock Down on Q1 Miss

Salesforce reported an earnings beat, though the market remains unconvinced about software's resilience against AI. Meanwhile, PDD Holdings' stock declined after missing Q1 expectations, attributed to investments in its supply chain impacting margins.

Bank of America Issues Mixed Ratings for Tech Stocks
BusinesscnbcYahooseeking-alpha9d ago3 sources

Bank of America Issues Mixed Ratings for Tech Stocks

Bank of America has reinstated its 'Buy' rating for ServiceNow, citing its strength in the AI era. Conversely, the bank restarted coverage of Salesforce with an 'Underperform' rating, anticipating further losses for the company.

Jim Cramer Offers Stock Market Analysis and Recommendations
BusinessYahoo18d ago

Jim Cramer Offers Stock Market Analysis and Recommendations

Financial commentator Jim Cramer provided his latest analysis and recommendations on various stocks, including Shopify, Arista Networks, Dell, Meta, Thermo Fisher, Extreme Networks, Taiwan Semi, and Goldman Sachs. He also reviewed the earnings report from Solstice Advanced Materials.

Jim Cramer Offers Commentary on Various Stocks
BusinessYahoo1mo ago

Jim Cramer Offers Commentary on Various Stocks

Financial commentator Jim Cramer has provided his latest insights and opinions on a range of publicly traded companies, including Intel, Carvana, Honeywell, and Netflix. His commentary covers various aspects of their stock performance and market outlook.

Google Unveils New AI Chips and Enterprise Agent Platform
TechnologyReutersbloombergcnbc+12marketwatchBusiness InsiderforbesYahooTimes of Indiaindian-expresschannel-news-asiaseeking-alpha+4 more1mo ago15 sources

Google Unveils New AI Chips and Enterprise Agent Platform

Google has introduced its 8th-generation TPU chips and the Gemini Enterprise Agent platform, signaling a major push into AI for its enterprise clients. This move positions Google to compete more directly with Nvidia in the rapidly expanding AI hardware market.

Analysts Adjust Microsoft Price Targets Ahead of Q3 Report
FinanceYahooseeking-alpha1mo ago2 sources

Analysts Adjust Microsoft Price Targets Ahead of Q3 Report

Multiple financial firms, including Mizuho and Piper Sandler, have revised their price targets for Microsoft stock. These adjustments largely involve lowering targets, with one firm cutting its target by $103, ahead of the company's upcoming Q3 report.

Salesforce President responds to CEO's ICE jokes that upset employees
BusinessTimes of India2mo ago

Salesforce President responds to CEO's ICE jokes that upset employees

Salesforce leadership addressed internal unrest following CEO Marc Benioff's controversial jokes about ICE targeting international employees. Company president Robin Washington acknowledged employee feedback, assuring them their concerns were heard and adjustments are being made. Co-founder Parker Harris also publicly condemned the remarks, emphasizing the company's commitment to its employees.

Analyst Reports for Various Companies
FinanceYahoo2mo ago

Analyst Reports for Various Companies

Multiple analyst reports have been released for individual companies including L3Harris Technologies, Suburban Propane Partners, Salesforce, Occidental Petroleum, and Elanco Animal Health.

Berkshire Hathaway Q1 Filings Reveal Major Investment Shifts
FinanceAPReutersbloomberg+6wsjcnbcmarketwatchBusiness InsiderYahooseeking-alpha12d ago9 sources

Berkshire Hathaway Q1 Filings Reveal Major Investment Shifts

Berkshire Hathaway's latest filings for the first quarter reveal significant changes in its investment portfolio, including tripling its stake in Alphabet and making new investments in Delta and Macy's. The company also divested from several holdings, such as Amazon, UnitedHealth, Visa, Mastercard, and $8 billion in Chevron shares.

Financeseeking-alpha15d ago

Citi Adjusts Price Targets for Salesforce, Broadcom

Citi has adjusted its price targets for two major tech companies ahead of their upcoming earnings reports. The firm reduced its price target for Salesforce before its Q1 earnings, while increasing it for Broadcom ahead of its Q2 results.

Worldseeking-alpha1mo ago

Salesforce Stock Tumbles Amid AI Fears

Salesforce shares experienced a significant drop, ending a six-day streak of gains, as investor concerns regarding artificial intelligence weighed on the stock.

Jim Cramer Offers Diverse Stock Market Commentary and Advice
FinanceYahoo1mo ago

Jim Cramer Offers Diverse Stock Market Commentary and Advice

Financial commentator Jim Cramer provided a range of opinions on various stocks, including calling a CrowdStrike sell-off a mistake and recommending Applied Materials as a "great buy." He also offered advice on Salesforce, AES Corporation, and other companies.

Analysts Evaluate Top Large-Cap Stocks for Investment
FinanceYahoo1mo ago

Analysts Evaluate Top Large-Cap Stocks for Investment

Financial analysts are evaluating several large-cap companies, including Boeing, Salesforce, and Super Micro, to determine their potential as strong investment opportunities. The analysis focuses on their market position and growth prospects, particularly in areas like AI.

In leaked audio, Salesforce president says company is 'appropriately adjusting' after Marc Benioff's ICE jokes
BusinessBusiness Insider2mo ago

In leaked audio, Salesforce president says company is 'appropriately adjusting' after Marc Benioff's ICE jokes

Salesforce CEO Marc Benioff speaks to thousands at the Moscone South Hall during Dreamforce in San Francisco on Tuesday, Sept. 17, 2024. "This is the most exciting and most important Dreamforce," said Benioff. "Talking about the emergence of AI and how it is a critical part of the future." (Photo by Brontë Wittpenn/San Francisco Chronicle via Getty Images) Brontë Wittpenn/San Francisco Chronicle via Getty Images Last month, Salesforce CEO Marc Benioff made jokes about ICE during an employee ...