CRM Jul 2024 300.000 call
- Yahoo Finance Video
Salesforce stock is sinking on its Q2 earnings forecasts
Salesforce (CRM) shares are sinking after Wednesday's market close as the cloud computing company reported mixed first-quarter earnings results. Salesforce posted $9.13 billion in revenue ($9.15 billion expected) and gains of $2.44 per share ($2.38 per share expected). The downward stock pressure is heavily attributed to Salesforce's miss on second-quarter forecasts. The company is raising its full-year outlook Yahoo Finance's Julie Hyman and Josh Lipton weigh in on Salesforce's guidance and commentary from CEO Marc Benioff. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Investor's Business Daily
Dow Jones Futures: Stock Market Slides Even As Nvidia Keeps Rising; Salesforce Plunges Late
The major indexes fell Wednesday even with Nvidia on the cusp of a new milestone. Salesforce plunged late on weak sales and guidance.
- Bloomberg
Salesforce Falls as Weak Sales Outlook Spurs Slowdown Fears
(Bloomberg) -- Salesforce Inc. dropped more than 17% in extended trading after the software maker said sales growth in the current quarter will stall to the slowest in its history, fueling concerns about the company’s ability to stay relevant as the industry shifts toward artificial-intelligence tools.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
