Core Insights - Salesforce, Inc. is under investigation by Bleichmar Fonti & Auld LLP for potential violations of federal securities laws [1] - The company's fiscal Q1 2025 results showed revenue of $9.13 billion, which was below the midpoint of its guidance range, leading to a stock price decline of over 20% [2] - Salesforce's fiscal Q2 2025 revenue guidance of $9.2 to $9.25 billion is also below consensus estimates, raising concerns about the company's sales execution and customer buying environment [2] Financial Performance - Salesforce reported $9.13 billion in revenue for fiscal Q1 2025, which was below the midpoint of its previously issued guidance [2] - The growth rate of remaining performance obligations, a key bookings metric, was also below the company's outlook [2] - The guidance for fiscal Q2 2025 revenue is projected to be between $9.2 billion and $9.25 billion, which is lower than market expectations [2] Legal Implications - Bleichmar Fonti & Auld LLP is investigating whether Salesforce and its executives made materially false or misleading statements regarding the company's performance and sales execution [2] - Investors who suffered losses are encouraged to submit their information to the law firm for potential legal options [3]

Salesforce (NYSE:CRM) stock hasn’t performed well in 2024, down over 3%, as company budgets moved to hardware investments from enterprise software. The leader in cloud-based software specializes in customer relationship management solutions — hence the Salesforce stock symbol — has trailed many of its large-cap tech peers in recent years. As a result, Salesforce is working to cut costs while still investing in new products. In mid-July, Salesforce cut about 300 jobs as it searched for the right balance betw ...

NEW YORK, Aug. 10, 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 ...

PHOENIX, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Award-winning real estate technology innovator Lofty today announced it has acquired Firepoint, a real estate CRM solution designed by top team leaders and agents. As the company’s strategy shifted and plans were made to refocus development efforts in other areas, Firepoint CEO Dave Crumby sought a top industry partner to help transition his customers to a new platform. Specifically, an innovative end-to-end platform, purpose built for today’s real estate professio ...

NEW YORK, Aug. 06, 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, Aug. 06, 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 ...

The rapid adoption of cloud technologies in the last decade has served as a boon for cloud computing stocks. The technology offers businesses and individuals a plethora of benefits — namely increased scalability, efficiency and lower IT costs. This has been amplified by the emergence of GenAI which spurred a new wave of growth, catapulting cloud computing companies to new heights. These benefits alone give cloud computing companies plenty of staying power but the industry is poised for substantial growth. D ...

NEW YORK, Aug. 04, 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 ...

Investors have always looked at growth stocks to make relatively safe and steady returns. This is because these companies, while well-established, seem to be undervalued, providing a great entry price for investors. Over time, as the overall valuation grows, so does the value of the initial investment. Growth stocks like NVIDIA (NASDAQ:NVDA), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) have given many of their initial investors more than a thousand times their initial investment.While I can’t promise this ...

NEW YORK, July 31, 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 ...