Guidance left a lot to be desired, but are investors missing a key metric from Salesforce?Shares of Salesforce (CRM -0.38%) stock took a more than 20% hit after the last earnings update. Co-founder and CEO Marc Benioff has made an incredible pivot from all-out revenue growth to all-out profit margin expansion the last couple of years, but no amount of enthusiasm could cheer investors up this round of quarterly updates. It seems that everyone is worried that artificial intelligence (AI) could become a headwi ...

John M. ChaseMy Caution On Salesforce Stock Panned Out I cautioned Salesforce, Inc. (NYSE:CRM) investors to be wary about chasing a further rally in CRM as I assessed that the optimism was getting too frothy. In my CRM stock update in December 2023, I indicated that while CRM's valuation was still relatively attractive, the risk/reward no longer appealed to me that much. As a result, I downgraded CRM to reflect my increased caution. CRM's buying momentum initially baffled me by allowing the stock to sur ...

After last week's sell-off, Salesforce's stock is now down 10% in 2024.Share prices of Salesforce (CRM 2.63%) plunged last week after the company released its latest quarterly results. While the business is still growing, it didn't provide analysts and investors with the level of growth they were expecting. For a stock that trades at a relatively high valuation, that could put it in a dangerous position. Salesforce is still a dominant name in the tech world, and its customer relationship management (CRM) pl ...

Key TakeawaysSalesforce said Thursday that its first artificial intelligence (AI) center will be located in London.The U.S.-based software giant noted that the AI market in the U.K. is expected to grow to more than $1 trillion by 2035.Salesforce also announced $200 million in investments in U.K. AI companies Thursday, as part of a pledge to spend $4 billion on AI growth and innovation in the U.K. over five years. Salesforce (CRM) was the best-performing stock in the Dow Jones Industrial Average Thursday aft ...

G. Mason Morfit, chief executive officer and chief investment officer of ValueAct Capital, speaks virtually during the Active-Passive Investor Summit in New York, U.S., on Tuesday, Oct. 18, 2022.Mason Morfit, Salesforce board member and co-CEO of activist investor ValueAct, has increased his stake in Marc Benioff's software firm to just under $1 billion, acquiring $99 million worth of shares earlier this week, just days after the company reported its first revenue miss since 2006.The trade was disclosed in ...

A Salesforce corporate logo hangs over the front door of the Salesforce Tower on January 22, 2024, in New York City.Gary Hershorn | Getty ImagesLONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the U.K. as a global technology hub.The U.S. software giant said in a statement Thursday that it is opening a more-than 40,000-square-feet facility in London's Blue Fin building, which can host over 300 people.It will be used to encourage industr ...

LONDON, June 06, 2024 (GLOBE NEWSWIRE) -- Slalom, the global business and technology consulting company, today announced at World Tour London the expansion of its partnership with Salesforce, the #1 AI CRM, empowering joint customers to drive the value of AI across the enterprise. As the first strategic System Integrator partner for Salesforce Data Cloud and Einstein 1, Slalom will co-develop new solutions geared toward helping organizations activate data and AI use cases in Salesforce at speed. Slalom will ...

blackdovfx/iStock via Getty Images Salesforce Dropped 20% After Q1 Earnings I covered Salesforce (NYSE:CRM) for the first time in February, and I put out a Buy rating, even though I warned of the valuation risk and mentioned that a smaller allocation might be wiser due to potential volatility in AI stocks to come. Now, after Q1 fiscal 2025 earnings, the stock has dropped ~20% in price. The company missed its revenue estimate by $13.38 million; even though revenue for the period increased 11% YoY and fre ...

We also take a look at some companies that could ride the tailwinds of Nvidia's standout earnings.In this podcast, Motley Fool analyst Tim Beyers and host Mary Long break down Salesforce's earnings and ask whether the stock's slump is warranted.Then, Motley Fool analyst Asit Sharma and host Ricky Mulvey take a look at some companies that could ride the tailwinds of Nvidia's standout earnings.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing ...

In the last week of May, SaaS stocks faced a reckoning. A revenue miss by Salesforce (NYSE:CRM) triggered one of the sector’s severest selloffs in two years. However, investors have been throwing out the baby with the bath water, creating some attractive SaaS stocks to buy.In hindsight, the selloff in SaaS was slowly brewing under the hood. Over the last three months, the iShares Expanded Tech-Software Sector ETF (BATS:IGV) fell nearly 10% and lagged the S&P 500. Indeed, investors have been assessing the ri ...