About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Key TakeawaysSalesforce shares will be in focus Monday after The Wall Street Journal reported the customer management software maker is in advanced talks to buy data-management software provider Informatica.The discussed deal price is below Informatica’s Friday closing price of $38.48, potentially complicating a transaction, people familiar with the matter told the Journal.The Salesforce share price finds support around $252 from a multi-month trendline and the rising 200-day moving average. Shares in Sales ...

Salesforce is reportedly in advanced negotiations to purchase data-management software provider Informatica.The talks were the subject of a Friday (April 12) Wall Street Journal (WSJ) report, citing sources familiar with the matter.The report said Informatica has a market capitalization of more than $11 billion after a 43% jump in its shares this year as traders invested in a deal. However, WSJ said, sources say the price being discussed was below Informatica’s Friday closing stock price.Salesforce provides ...

Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector.A deal could be announced soon, said the source, who requested anonymity as the discussions are confidential.The price being discussed is below Informatica’s current share price of $38.48, according to the Wall Street Journal, which first reported the talks between Salesforce and Informatica.Sa ...

Jemal Countess On Friday after the close, it was reported that Salesforce (NYSE:CRM) was in advanced talks to acquire the data processing company Informatica (INFA). This news likely took many investors by surprise given that CRM management had seemingly committed to a singular focus on profitable growth and capital returns. This acquisition, which would likely carry around a $11 billion price tag, is reminiscent of the company's previous high volume of M&A activity, something that many investors might not ...

Salesforce.com (CRM) is is in late-stage talks to buy data-management software maker Informatica (INFA), The Wall Street Journal reported Friday night, citing sources.X But the potential deal price being discussed is below Informatica stock's Friday close of 38.48. INFA stock has soared 43% in 2024 in part on takeover buzz, giving it a market capitalization of $11.20 billion.Informatica helps companies manage data in the cloud and on site, and has recently rolled artificial intelligence tools.Salesforce sto ...

With market volatility heating up investors will surely be looking for opportunities in the tech sector. After all, the Nasdaq is still up +7% year to date and has soared +32% over the last year despite dipping -1% so far this month.Furthermore, several tech stocks on the Zacks Rank #1 (Strong Buy) list have beta ratios under 1.0, which suggests they should be less volatile than the broader market as they already appear to be in oversold territory.  Veeva Systems (VEEV) : Checking in with a beta of 0.74 is ...

Large cap software growth stocks such as Salesforce (CRM) are outperforming as investors rethink the sector's upside from generative artificial intelligence, says a Bank of America analyst. Salesforce stock and software makers such as Palantir Technologies (PLTR) are off 52-week highs heading into earnings reports that start in late April.X The iShares Expanded Tech-Software ETF (IGV) — comprised of many of the major enterprise software players — has gained only 6% in 2024 after soaring 59% last year."Despi ...

Key PointsCorporate IT spending trends are growing for 2024, backed by cybersecurity and generative AI.Salesforce could be in the eye of the storm to receive a decent chunk of these new budgets.As the stock's price targets and EPS projections show, Wall Street knows.5 stocks we like better than SalesforceThe U.S. stock markets broke past all-time highs in hopes of the Fed cutting interest rates. However, not all stocks were equal in this rally, as technology stocks were the main drivers at the time.With mos ...

New integration aims to streamline processes, save time, and raise efficiencySAN FRANCISCO, April 3, 2024 /PRNewswire/ -- Ironclad has been selected by Salesforce, the #1 AI CRM, as the company's contract lifecycle management (CLM) platform.  As Salesforce continues to scale and streamline contracting processes, increase deal velocity, and uncover valuable insights for its legal, sales, and procurement teams, Ironclad is poised to be a key partner. "We look forward to working with Ironclad to empower our t ...