A viral TikTok video showed how AI chatbots can be used to send email pitches. Microsoft and Salesforce announced new products with that exact feature.
One analyst thinks Salesforce won’t be able to compete well with Veeva in life sciences after their broad-based agreement that bans competition ends in 2025.
Salesforce beat estimates on Wednesday, and activist investor Elliott Management was complimentary after the company showed margin improvement.
Salesforce shares surged in extended trading on Wednesday on an optimistic earnings outlook.
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
A fifth well-respected hedge fund targets Salesforce, showing the money-making opportunity to be had in the Club holding.
Salesforce is appointing three new directors to its board, including ValueAct’s Mason Morfit.
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
Salesforce is confronting slowing growth, an activist investor concerned about the company’s operating leverage and a set of high-profile departures.
CNBC’s Jim Cramer on Wednesday warned investors that the tech industry will likely see more layoffs due to continuing macroeconomic headwinds.
These are the stocks posting the largest moves midday.
Salesforce is cutting 10% of its personnel and reducing some office space as part of a restructuring plan, the company announced Wednesday.
Last year Marc Benioff, Salesforce’s co-founder and CEO, said people could work very productively at home. Now he’s saying newer employees are having issues.
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