Previous Close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0100 |
Strike | 275.00 |
Expire Date | 2024-06-07 |
Day's Range | 0.0100 - 0.0100 |
Contract Range | N/A |
Volume | |
Open Interest | 859 |
Disappointing Q1 results for Salesforce and a weak outlook raised questions over how soon software makers will monetize generative AI products.
Activist investor and board member Mason Morfit is bolstering his stake in Salesforce. Morfit, the ValueAct Capital head who has held a board seat since March 2023, discloses a purchase of 428,000 shares at an average price of $233.
The move is part of the US firm’s pledge to invest four billion dollars in AI in the UK over the next five years.