CRM Sep 2024 420.000 call
- Yahoo Finance Video
Stocks open in the green following PCE inflation print
All three of the major market averages (^DJI, ^IXIC, ^GSPC) are opening higher on Friday coming off of this morning's in-line inflation print from the PCE index (Personal Consumption Expenditures). Yahoo Finance's Seana Smith and Brad Smith monitor market movements while Salesforce shares (CRM) seek to recover from a stock selloff fueled this week by the cloud computing company's weaker-than-expected second-quarter guidance. 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.
- Yahoo Finance
Salesforce open to large acquisitions, but analysts have concerns
Salesforce CEO Marc Benioff commented that the cloud software vendor is remaining cautious around M&A but won't shy away from deals it sees as additive.
- Barrons.com
The Dow Dumped Exxon in 2020. Adding Salesforce Was a Losing Move.
The call, meant to make the benchmark better represent the economy, has left investors tracking the average with less money than they would have had otherwise.
