Salesforce.com (CRM) closed the most recent trading day at $251.22, moving -1.88% from the previous trading session. This move lagged the S&P 500's daily loss of 1.39%. On the other hand, the Dow registered a gain of 0.6%, and the technology-centric Nasdaq decreased by 2.77%.Shares of the customer-management software developer have appreciated by 10.45% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.25% and the S&P 500's gain of 4.43%.Market participants will ...

Cloud computing is the delivery of computing services such as servers, data storage, networking, software, and analytics over the Internet or “cloud.” Its advantages include faster speeds and more flexible resources. It also enables companies to achieve economies of scale with their computing services. Given its advantages, it should not be surprising to learn that cloud computing is growing exponentially.The global market for cloud computing could grow from $720.99 billion in 2023 to $2.22 trillion by 2031 ...

Why Salesforce looks poised to be big winner.Shares of Salesforce (CRM 0.91%) plunged in late May after the company announced its first-quarter results. However, the company has a number of growth initiatives in the works, while it has yet to see the potential benefits of artificial intelligence (AI).Let's take a look why Salesforce shares fell and why it currently may be the ultimate growth stock to buy with $5,000.First-quarter strugglesSalesforce felt pressure in the first quarter, which showed up in wea ...

Salesforce (NYSE:CRM) layoffs have the cloud data company cutting more jobs this month as tech companies continue to reduce headcounts.According to recent reports, the Salesforce layoffs hit 300 people this month. It’s worth noting that the company employs roughly 72,682 people.These build on other Salesforce layoffs recently. That includes the company cutting about 700 jobs at the start of the year. It’s also worth remembering that it cut 10% of its workforce in 2023.Salesforce said the following about the ...

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc. Why Did Salesforce's Stock Drop? On May 29, 2024, Salesforce reported its fiscal Q1 2025 financial results. In pertinent part, Salesforce's reported $9.13 b ...

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc. Why Did Salesforce’s Stock Drop? On May 29, 2024, Salesforce reported its fiscal Q1 2025 financial results. In pertinent part, Salesforce’s reported $9.13 b ...

Salesforce reportedly cut about 300 jobs in July after eliminating 700 roles earlier this year.The latest cuts are part of the company’s ongoing effort to streamline its operations, Bloomberg reported Monday (July 15), citing an unnamed source.Without specifying the number of layoffs, a Salesforce spokesperson told Bloomberg: “Like any healthy business, we continuously assess whether we have the right structure in place to best serve our customers and fuel growth areas. In some cases that leads to roles bei ...

Nvidia has gotten quite expensive compared to many other successful companies.Nvidia has been the artificial intelligence (AI) stock to own over the past year and a half. However, the expectations built into the stock are mind-boggling and could spell disaster in the future.Yet AI is here to stay, and if you're looking to invest in this sector, I'd consider these stocks before considering Nvidia.Taiwan SemiconductorTaiwan Semiconductor Manufacturing (TSM 1.54%) makes many of the chips that go inside all the ...

NEW YORK, July 13, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc. Why Did Salesforce’s Stock Drop? On May 29, 2024, Salesforce reported its fiscal Q1 2025 financial results. In pertinent part, Salesforce’s reported $9.13 b ...

Bjorn Bakstad Salesforce Inc. (NYSE:CRM) is an absolute steal right now as the market undervalues the company’s profit potential as a leading cloud company. Salesforce is very profitable and produced impressive profit growth in the last quarter. Salesforce’s poorly received forecast for the second quarter, particularly with respect to sales, culminated in a panic-driven selloff in May from which the stock is yet to fully recover. With that said, though, Salesforce’s profit surge is well underpriced and ...