News
CRM
301.18
-0.07%
-0.20
Salesforce Spends $20M on Einstein Image Rights, Securing AI Brand Dominance and Guinness Record
Nearly 900 people dressed as Albert Einstein attended a Salesforce event in San Francisco. The company paid over $20 million for the rights to Einstein's image nearly a decade ago. Salesforce uses Einstein as the face of its artificial intelligence features to symbolize the company's innovation in the field.
Benzinga · 1d ago
The AI Buzz: 3 Tech CEOs Talking Up a Storm During Earnings Calls
Investorplace · 1d ago
Amazon invests another $2.75B in AI-startup Anthropic
Consumer Amazon invests another $2.75B in AI-startup Anthropic. Anthropic will use Amazon Web Services as its primary cloud provider for mission-critical workloads. The investment will give Amazon a minority stake in the company. This is the largest outside investment for the company and Amazon's total investment in Anthropic is $4B.
Seeking Alpha · 1d ago
Stocks Push Higher as T-note Yields Slip
NASDAQ · 1d ago
Stocks Settle Higher on Lower Bond Yields and Quarter-End Window Dressing
Lower T-note yields on Wednesday were supportive of the overall market. The S&P 500 Index on Wednesday closed up +0.86%. European stock markets on Wednesday rose to a 23-year high. Nvidia's -2% slide undercut technology stocks and limited gains in the Nasdaq.
Barchart · 1d ago
Salesforce: Balancing Strategic Adjustments and Macroeconomic Challenges with a Hold Rating
Derrick Wood from TD Cowen maintained a Hold rating on Salesforce (CRM – Research Report) with a price target of $330.00. The company expects to continue benefiting from the positive sales productivity trends and a price increase implemented in mid-2023. Salesforce is concentrating on targeted growth investments.
TipRanks · 2d ago
Tech Stocks Pressured by Nvidia
Lower T-note yields today are supportive of the overall market. Euro Stoxx 50 rises to a new 23-year high. Nvidia's -2% slide has undercut technology stocks and dragged the Nasdaq 100 into negative territory. European stock markets today are mixed. US weekly MBA mortgage applications fell -0.7% in the week ended March 22.
Barchart · 2d ago
If You Invested $2,000 in Salesforce in 2004, This Is How Much You Would Have Today
Salesforce is the largest cloud-based customer relationship management company in the world. The company went public on June 23, 2004. Salesforce's annual revenue grew at a compound annual growth rate of 34% from 2004 to 2024. Its stock isn't cheap, but the company is maturing into a mature tech stock.
The Motley Fool · 2d ago
Tracking Lone Pine Capital Portfolio - Q4 2023 Update
Seeking Alpha · 2d ago
Here's How Much $100 Invested In Salesforce 10 Years Ago Would Be Worth Today
Salesforce has outperformed the market over the past 10 years by 7.26%. The company has an average annual return of 17.93%. Salesforce has a market capitalization of $296.82 billion. If an investor bought $100 of CRM stock 10 years ago, it would be worth $535.70 today.
Benzinga · 2d ago
Shopify: A Growth Story That Needs A Shift In Course
Shopify Inc.'s share price performance since the last earnings release is a warning sign for investors. The company has a spectacular revenue growth rate but is barely profitable on a GAAP operating income basis. The pressure to deliver adequate GAAP profitability is rising in the software sector. Shopify is a growth story that needs to change its strategy.
Seeking Alpha · 2d ago
Adobe unveils experimental AI journeys at Las Vegas summit
Adobe unveils experimental AI journeys at Las Vegas summit. Adobe and Microsoft announce a partnership to combine Adobe Experience Cloud with Microsoft Copilot and Microsoft 365. The company also announced a slate of innovations to its AI tool, Firefly, at the Adobe Summit in Las Vegas on Tuesday.
Seeking Alpha · 2d ago
Salesforce Inc. (CRM) is Attracting Investor Attention: Here is What You Should Know
NASDAQ · 3d ago
Salesforce looks to reinvent itself again with its fledgling AI business
MarketWatch · 3d ago
BigCommerce Is Likely To Perform Much Worse Than This Major Peer, Says Bearish Analyst
BigCommerce Holdings Inc (NASDAQ:BIGC) shares were tanking in morning trading on Monday. BofA Securities downgraded the rating on BigCommerce Holdings from Neutral to Underperform. The company's stock is likely to underperform that of its peers, the analyst says.
Benzinga · 3d ago
Should You Invest in the iShares Expanded Tech-Software Sector ETF (IGV)?
NASDAQ · 4d ago
Should Invesco Large Cap Growth ETF (PWB) Be on Your Investing Radar?
NASDAQ · 4d ago
Weekly Report: what happened at CRM last week (0318-0322)?
Weekly Report · 4d ago
Tracking William Nygren's Harris Associates Portfolio - Q4 2023 Update
Harris Associates' 13F portfolio value increased from $51.39B to $58.34B in Q4 2023. New stakes were established in Agilent Technologies, Capital One Financial, Intercontinental Exchange, and Charter Communications. The portfolio is diversified with around 200 positions.
Seeking Alpha · 4d ago
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About 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. The Company also enables third parties to use its platform and developer tools to create additional functionality and applications that run on the Company’s platform. Its customers use its sales offering to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence and deliver quotes, contracts and invoices. Its service offering helps to connect its service agents with customers across any touchpoint. It helps customers to resolve routine issues with predictions and recommendations. The Company offers its services to businesses worldwide on a subscription basis.