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Matthew McConaughey Makes Millions From Salesforce Amid Mass Layoffs: How Investors Reacted
Thursday, March 2, 2023 - 11:38am | 315Read More...Salesforce Inc (NYSE: CRM) reported earnings Wednesday after the close, and beat expectations on revenue, EPS and gave strong guidance. It was also reported that the San Francisco-based company is paying actor Matthew McConaughey upwards of $10 million a year to serve as a “creative adviser...
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Salesforce Stock Is Soaring: What's Going On?
Thursday, March 2, 2023 - 9:58am | 556Read More...Salesforce Inc (NYSE: CRM) shares are up more than 15% Thursday in the wake of the company's better-than-expected financial results and strong guidance. Several analysts are also out with positive adjustments following the print. Q4 Revenue: $8.38 billion beat estimates of $7.99...
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Elon Musk's Playbook An Inspiration For Silicon Valley Executives? Salesforce's Benioff Says 'Can't Underestimate What He's Done'
Thursday, March 2, 2023 - 9:15am | 410Read More...Some Tesla investors have misgivings about the way CEO Elon Musk manages his ventures but at least one tech executive has a differing opinion. What Happened: “Every CEO in Silicon Valley has looked at what Elon Musk has done and has asked themselves, ‘Do they need to unleash their...
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Why Salesforce Stock Is Surging After Hours
Wednesday, March 1, 2023 - 5:17pm | 396Read More...Salesforce Inc (NYSE: CRM) shares are trading higher in extended trading Wednesday after the company reported better-than-expected financial results and issued strong guidance. What Happened: Salesforce said fourth-quarter revenue increased 14% to $8.38 billion, which beat average...
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Activist Investor Elliott Management Names Candidates For Salesforce Board: What You Need To Know
Wednesday, March 1, 2023 - 12:55pm | 553Read More...Activist Elliott Management on Wednesday nominated multiple directors for board seats at Salesforce Inc (NYSE: CRM). What To Know: According to CNBC, the activist investor named a slate of directors for Salesforce's board two weeks before the window for nomination closes on...
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Why Salesforce Stock Is Surging Today
Monday, January 23, 2023 - 9:31am | 348Read More...Salesforce Inc (NYSE: CRM) shares are trading higher Monday following reports activist investor Elliott Management took a multi-billion dollar stake in the cloud software company. What Happened: According to a Wall Street Journal report citing people familiar with the...
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Activist Investor Elliott Makes Multibillion-Dollar Investment In Salesforce: WSJ
Sunday, January 22, 2023 - 9:36pm | 459Read More...Activist investor Elliott Management Corp has reportedly picked up a multi-billion dollar stake in cloud software firm Salesforce Inc (NYSE: CRM), the Wall Street Journal reported, citing people familiar with the matter. What Happened: Elliott managing partner Jesse Cohn said,...
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'Big Short' Investor Michael Burry Says Salesforce Stock Should've Been Down: 'Job Cuts Are So Not The Reason To Own That'
Wednesday, January 4, 2023 - 11:58pm | 390Read More..."The Big Short" investor Michael Burry has expressed skepticism on the stock price movement of Salesforce Inc (NYSE: CRM) following the company’s plans to reduce its current workforce by 10%. “CRM should have been down 25% on those job cuts. Job cuts are so not the reason...
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Why Salesforce Stock Is Rising Wednesday
Wednesday, January 4, 2023 - 9:22am | 276Read More...Salesforce Inc (NYSE: CRM) shares are trading higher Wednesday following reports the company will lay off approximately 10% of its workforce. What Happened: Salesforce plans to cut about 10% of employees and close down select offices in order to help manage costs, per Reuters. The...
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What's Going On With Salesforce Stock Today?
Thursday, December 1, 2022 - 9:32am | 479Read More...Salesforce Inc (NYSE: CRM) shares are trading lower Thursday after the company reported third-quarter results and announced that Bret Taylor will step down as vice chair and co-CEO. Q3 Results: Salesforce said third-quarter revenue increased 14% year-over-year to $7.84...
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Salesforce Stock Is Falling After Hours: What's Going On?
Wednesday, November 30, 2022 - 5:55pm | 346Read More...Salesforce Inc (NYSE: CRM) shares are trading lower in Wednesday's after-hours session after the company reported third-quarter results and announced that Bret Taylor will step down as vice chair and co-CEO. What Happened: Salesforce said third-quarter revenue increased 14% year-over-year...
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Nvidia, Salesforce, Snowflake Report Earnings After The Bell: 2 Of Them Will Be Featured On 'Mad Money' With Jim Cramer Tonight
Wednesday, August 24, 2022 - 1:35pm | 440Read More...NVIDIA Corporation (NASDAQ: NVDA), Salesforce Inc (NYSE: CRM) and Snowflake Inc (NYSE: SNOW) are set to kick off a big night of earnings Wednesday after the close. Jim Cramer will interview executives from two of the companies following their quarterly results. Here's a...
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Slack Raising Prices One Year After Being Acquired By Salesforce.com: Here Are The Details
Tuesday, July 19, 2022 - 4:54pm | 536Read More...Workplace messaging platform Slack was acquired by Salesforce.com Inc (NYSE: CRM) in July 2021. One year after the acquisition, the company is announcing its first pricing increase since its launch in 2014. What Happened: Slack announced pricing changes for its Pro customers and several updates to...
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Salesforce Q1 Earnings Highlights: Revenue And EPS Beats, $42B Remaining In Revenue Under Contract, Guidance And More
Tuesday, May 31, 2022 - 4:39pm | 414Read More...Customer relationship management and software-as-a-service giant Salesforce.com Inc (NYSE: CRM) reported first-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Salesforce reported first-quarter revenue of $7.41 billion, up 24% year-over-year. The...
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'You Have To Look At Everything': Salesforce's CEO On How Growth Companies Can Survive This Market
Wednesday, May 25, 2022 - 11:37am | 396Read More...Tech stocks are tumbling as the Federal Reserve wrestles with inflation in what is expected to be the central bank's most aggressive tightening cycle in more than 40 years. What To Know: On CNBC's "Squawk On The Street" Wednesday, Salesforce Inc...
















