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Hedge Funds Harnessing Sell-Side Intelligence To Augment Their Own Internal Research Using Navatar, Built For Salesforce
GlobeNewswire News Room· 2024-12-02 13:02
NEW YORK and LONDON, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Traders talk to salespeople at banks and brokerages every day. They gather a lot of valuable information from these interactions, most of which is never saved. Savvy hedge fund managers are now beginning to capture all of this information to create intelligence that augments their own internal research in informing their investment decisions. The new Navatar platform is designed to automatically capture and harness this intelligence. It uses AI to autom ...
Salesforce Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-12-02 09:40
Salesforce, Inc. CRM will release earnings results for the third quarter, after the closing bell on Tuesday, Dec. 3.Analysts expect Salesforce to report quarterly earnings at $2.45 per share. That's up from $2.11 per share a year ago. The San Francisco, California-based company projects to report quarterly revenue of $9.35 billion, compared to $8.72 billion a year earlier, according to data from Benzinga Pro.On Nov. 20, Salesforce unveiled a groundbreaking tool for managing artificial intelligence (AI) agen ...
Wall Street Brunch: Payrolls Could Put Fed On Knife Edge
Seeking Alpha· 2024-12-01 21:00
AdShooter Listen below or on the go on Apple Podcasts and Spotify Nonfarm payrolls are seen up 200K for November. (0:18) Salesforce leads the smaller earnings parade. (1:11) Trump threatens BRICs over greenback. (2:52) The following is an abridged transcript: The labor market comes back to the forefront this week with the November jobs report due on Friday. Last week’s sticky inflation data bolstered the chances of a December Fed rate cut, but a weak payrolls figure could slash those expectations aga ...
5 Stocks To Watch in December—And What To Watch For
Investopedia· 2024-11-30 13:00
Stocks soared to record highs in November as Wall Street looked ahead to a second term for President-elect Donald Trump. The S&P 500 climbed 5.7%, while the Dow Jones Industrial Average advanced 7.5% and the Nasdaq Composite added 6.2%. The Russell 2000, an index of small-cap stocks, surged nearly 11%, boosted by expectations for faster economic growth and lower taxes under Trump and a Republican-controlled Congress. Market participants in December are likely to continue to pay special attention to Trump ...
Salesforce Set to Report Q3 Earnings: Buy, Sell or Hold the Stock?
ZACKS· 2024-11-29 13:35
Salesforce (CRM) is scheduled to release third-quarter fiscal 2025 results on Dec. 3.For the fiscal third quarter, the company projects total revenues between $9.31 billion and $9.36 billion (midpoint $9.335 billion). The Zacks Consensus Estimate for revenues is pegged at $9.34 billion, which indicates an increase of 7.1% from the year-ago quarter’s reported figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.CRM anticipates non-GAAP earnings per share in the band of $2.42-$2.44 ...
What Wall Street Analysts Think of Salesforce's Stock Ahead of Earnings
Investopedia· 2024-11-29 10:25
Key TakeawaysSalesforce is set to report third-quarter earnings after the bell Tuesday, with Wall Street expecting revenue and profit gains year-over-year.Most analysts tracked by Visible Alpha have a "buy" or equivalent rating for the stock ahead of the results.The company could be well-positioned to benefit from growing demand for AI, analysts said. Salesforce (CRM) is set to report third-quarter earnings after the market closes on Tuesday, with analysts largely bullish on the cloud software company's sto ...
Pre-Earnings Look At Struggling Salesforce Stock
Forbes· 2024-11-27 20:19
Customer relationship management system provider Salesforce (CRM) is entering the earnings confessional after the close on Tuesday, Dec. 3. The shares are brushing off a price-target hike from Citigroup to $368 from $290 ahead of the event, last seen down 3.5% to trade at $331.32.Support from the 20-day moving average has helped capture multiple pullbacks over the past few months, though the equity is eyeing its second day of losses this week. Longer term, Salesforce stock sports a 25.7% year-to-date gain.C ...
Gear Up for Salesforce.com (CRM) Q3 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-11-27 15:16
In its upcoming report, Salesforce.com (CRM) is predicted by Wall Street analysts to post quarterly earnings of $2.43 per share, reflecting an increase of 15.2% compared to the same period last year. Revenues are forecasted to be $9.34 billion, representing a year-over-year increase of 7.1%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a compan ...
Salesforce.com (CRM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-11-26 16:00
The market expects Salesforce.com (CRM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on December 3, 2024, might help the stock move higher if these key numbers ...
Could Salesforce and Adobe Help Power the Low-Cost Vanguard Tech ETF to an All-Time High?
The Motley Fool· 2024-11-24 10:25
The tech sector is up 78% in the last two years, crushing the performance of the S&P 500.Investment management firm Vanguard offers a variety of sector-based exchange-traded funds (ETFs) that mirror the performance of all 11 Global Industry Classification Standard stock market sectors. The Vanguard Information Technology ETF (VGT 0.37%) has a mere 0.1% expense ratio and a minimum investment of just $1, making it an easy way to dip your toes into the tech sector at a low cost.The semiconductor industry has b ...