Patrick Walravens, director of technology research at Citizens JMP, joins "The Exchange" to break down Saleforce's stock slump.
It's been a chaotic season of earnings for certain technology companies, many of which had their share prices and expectations coming in way too hot ahead of their big reveals. Undoubtedly, the genera
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's selling. The Investment Committee discuss the software space.
Salesforce (CRM) stock is experiencing a decline on Thursday after the company reported first-quarter earnings on Wednesday, the cloud computing company disappointing on its second-quarter guidance. S

Are Saas Stocks A Buy After Today's Crash?

12:41pm, Thursday, 30'th May 2024
The software-as-a-service (Saas) industry reeling today after Salesforce (NYSE:CRM) released 1st quarter earnings and confirmed 2024 will be a more difficult year than anticipated.
Salesforce (CRM) plummets after a revenue miss and weak guidance. Its 1Q adjusted EPS came in at $2.44 versus an estimated $2.38 and its revenue came in at $9.13B versus an estimated $9.14B.
Salesforce's (CRM) Q1 earnings reflect the benefits of resilient demand for its cloud and software offerings in a challenging macroeconomic environment and cost-restructuring initiatives.
Exxon Mobil was replaced by Salesforce as Dow component in August 2020, a shakeup seen a sign of the energy sector's weakness and tech's strength. But the oil major's stock has gained nearly 170% sinc
Salesforce stock is down after reporting weak first-quarter revenue and a soft Q2 outlook. Here's what you need to know.
Cloud-based software firm could lose $48bn in market value if losses hold, amid fear rival AI offerings are hampering demand
Salesforce NYSE: CRM stock went on sale following the Q1 release, providing investors a once-in-a-lifetime opportunity. It is not every day that a high-quality, industry-leading, blue-chip stock on tr
Growth slows as big deals are taking longer to close and AI hype is not yet paying off.
The Dow Jones Industrial Average faltered Thursday thanks in large part to a massive selloff for software giant Salesforce, as rosy artificial intelligence dreams have proven unable to support the blu

Salesforce Stock in Freefall After Earnings

09:59am, Thursday, 30'th May 2024
Salesforce Inc (NYSE:CRM) stock is plunging this morning, last seen 18.5% lower to trade at $221.80, after the  cloud software vendor  disclosed a disappointing first-quarter earnings report.
Salesforce (NYSE: CRM ) stock is trending, and it is tumbling about 18% today. The pullback is coming after the tech giant's second-quarter revenue guidance came in below analysts' average estimate.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE