Tag Archives: Salesforce

[unable to retrieve full-text content]Salesforce Drops on First-Ever Single Digit Sales Growth Outlook  Yahoo Finance Source link

[unable to retrieve full-text content]Salesforce in advanced talks to buy Informatica, source says  Yahoo Finance Source link

[unable to retrieve full-text content]Stock market news today: Futures mixed as Salesforce lifts Dow, Treasury slide continues  Yahoo Finance Source link

[unable to retrieve full-text content]Salesforce shocks Wall Street with ‘monster quarter’: Here’s what analysts are saying  Yahoo Finance Source link

[unable to retrieve full-text content]Salesforce shocks Wall Street with ‘monster quarter’: Here’s what analysts are saying  Yahoo Finance Source link

[unable to retrieve full-text content]Salesforce CEO Marc Benioff: This Is How We’re Going To Win  Yahoo Finance Source link

[unable to retrieve full-text content]Salesforce and billionaire Marc Benioff face a defining moment: Morning Brief  Yahoo Finance Source link

Already under siege from Wall Street analysts amid slowing growth, Salesforce execs have returned from schmoozing clients in the Swiss Alps at The World Economic Forum only to be greeted by one of the most feared activist investors in the game. Elliott Management has taken a multi-billion dollar position in Salesforce, a source familiar with the matter confirmed to Yahoo Finance, adding that the investment management behemoth may push for a board seat. “Salesforce is one of the preeminent… Source link

In the wake of Salesforce’s (CRM) mass layoff announcement last week, Wall Street may have overlooked one key element in its haste to predict better profit margins from the tech giant. According to Bernstein analyst Mark Moerdler, who published a critical client note on Salesforce Wednesday, mass firings may actually hinder sales growth and, as a result, profit margins. “Salesforce recently announced a ~10% employee reduction, in addition to comments on other cuts, which will only drive… Source link

The layoff axe swinging at Salesforce may be yet another sign that Big Tech still remains too bloated after years of aggressive hiring into a potential sharp 2023 economic slowdown. “I think we will see more layoffs,” Independent Wealth Solutions Management portfolio manager Paul Meeks said on Yahoo Finance Live (video above), adding that “these companies have probably gotten fat over the years, so I expect continued trimming.” Tree trimming contractors work to cut down a large tree stump… Source link