Company
Salesforce Inc
NYSE:CRM
Salesforce Inc is a provider of customer relationship management (CRM) technology. The company's Customer 360 platform spans sales, service, marketing, commerce, collaboration, integration, artificial intelligence, analytics, automation and others. It connects customer data across systems, applications and devices to create a complete view of customers.
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US markets rally ahead of Friday's Fed comments
At midday, the Dow Jones Industrial Average was up 0.2% to 33,015, the S&P 500 was up by 0.6% at 4,166, while the Nasdaq Composite was up by 0.9% at 12,536
Salesforce cuts its annual revenue and profit forecasts to reflect "measured" spending from clients, stronger dollar
The San Francisco, California-based company cut its full-year revenue forecast to between $30.90 billion and $31.00 billion, below estimates of $31.73 billion
Salesforce.com shares soar on robust profit
Salesforce raised its adjusted profit estimate for the fiscal year ending January 2023
Archive
Wall Street ends mixed as traders turn away from tech enough to pull the Nasdaq down to flat
Better than expected jobless claims data, unchanged US GDP readings and mixed durable goods orders helped push the Dow higher, while the Nasdaq ended flat
Salesforce boss says US$27.7bn Slack deal is a “match made in heaven”
Salesforce said the deal creates “the operating system for the new way to work".
SoftBank-backed start-up Uhuru considers October AIM listing
Uhuru is a software firm that helps connect devices to cloud networks and counts companies such as Honda, Yamaha and Mitsubishi among its customers
appScatter expands into Asia with interarrows deal
Under the joint venture with Tokyo-based interarrows, appScatter will base its Priori Data brand in Japan
Investments and investor services
Shopify shares on cloud nine after Baird raises price target
Analyst Colin Sebastian noted that it's ratio of customer’s gained from other platforms to those lost was roughly 7:1
LATE MOVERS: Ross Stores declines after giving disappointing first-quarter outlook
Also making noise Tuesday were Target, Ctrip, Kohl's and Salesforce
Hardware & electrical equipment
Salesforce.com shares surge after posting better-than-expected 3Q results
The company delivered a solid quarter, offering fiscal 2020 revenue guidance of US$16 billion
CryptoCann™ Report: Salesforce wins blockchain patent to block spam; Raywear designs clothes to protect cannabis cultivators from harmful rays
Software company Salesforce has won a patent for a blockchain system designed to identify authentic emails and block spam
Oppenheimer raises Salesforce's price target by 12.5%
The customer-relations company should continue strong numbers in the quarters ahead
Metallica reaches out to fans with a bit of help from Salesforce
Metallica is deploying Salesforce's marketing cloud to get a single view of fans across email and social media as it goes on tour
Hardware & electrical equipment
Adobe Systems buys software maker Marketo for US$4.75bn
Vista Equity Partners acquired Marketo for around US$1.8bn in 2016
EARLY MOVERS: Salesforce billionaire Marc Benioff to buy Time Magazine; Tyson Foods shakeup at the top
Also in play in pre-market before the New York bell is Teva Pharmaceuticals and Steve Madden Ltd
EARLY MOVERS: salesforce.com.inc shares lose momentum in pre-market, but Ciena Corp goes higher
Also in the frame in pre-market deals in the US is Square Inc and KFC
PRE-MARKET MOVERS: Salesforce shares fly high in pre-market; Dicks Sporting Goods also surges
Movado Group Inc and Michael Kors Holdings also in the frame..
PRE-MARKET MOVERS: Universal Display soars on Apple iPhone screen news; Halliburton slips lower
Meanwhile, Salesforce.com and Booz Allen Hamilton shares were making moves before the bell
Echelon analyst Ralph Garcea bets on Universal mCloud’s “unfair advantage”
Some of the world's top companies rely on mCloud's unique mix of AI, AR and 3D
Dropbox sets sights on raising US$648mln in initial public offering on Nasdaq
The cloud storage and file-sharing company also said it has agreed the sale of US$100mln in stock to the venture capital arm of Salesforce Inc. via a private placement at a price per share equivalent to that of the IPO
Salesforce advances as fourth quarter impresses
“We had an outstanding quarter of growth that propelled Salesforce over the $10 billion revenue milestone for the year,” said Marc Benioff, Salesforce chief executive
Oracle's depressed valuation creates opportunity to buy shares, says Morgan Stanley
Morgan Stanley raised its target price on Oracle to US$57 per share from US$50
Oracle shares drop as reports emerge that Amazon and Salesforce may be dropping its technology
Amazon is increasingly moving into more enterprise software through its Amazon Web Services segment
Market movers: CHF Solutions, Rand Logistics, Cleantech Solutions, Marathon Patent Group
Cleantech Solutions soared ass it inked a deal to swap some of its own shares for Marvel Finance's 51% stake in Integrated Media technology