CRM May 2024 220.000 put
- Yahoo Finance Video
Stocks, Salesforce earnings, Peltz's Disney stake: 3 Things
Stocks (^DJI, ^IXIC, ^GSPC) don't seem so confident ahead of Thursday's market open on the likelihood of the Federal Reserve holding interest rates higher for longer. Additionally, US GDP (Gross Domestic Product) rose by 1.3% in the first quarter of 2024. Salesforce (CRM) shares have slid by over 16% after reporting mixed first-quarter earnings figures after the market close on Wednesday. The cloud computing company missed on its second-quarter earnings guidance. Activist investor Nelson Peltz sold off his entire stake in Disney (DIS) after losing his proxy battle to obtain a seat on the entertainment giant's board. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Insider Monkey
Will Salesforce (CRM) be Able to Attain the Projected Revenue and Earnings Growth?
Harding Loevner, an asset management company, released its “Global Equity Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund generated a 6.9% gross of fee return in the first quarter compared to an 8.3% gain for the MSCI All Country World. Despite rising bond yields, the stock market […]
- Bloomberg
Salesforce Shares Plunge by Most Since 2008 After Weak Outlook
(Bloomberg) -- Salesforce Inc. shares slid by the most in almost 16 years after the software maker projected the slowest quarterly sales growth in history, renewing concerns that the company will be left behind in the artificial intelligence boom. Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Di
