Meta hired Salesforce’s CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta’s apps to reach consumers, according to a LinkedIn post from Shih on Tuesday. Meta confirmed the appointment and the new Business AI group in a statement to TechCrunch.“I’m thrilled to share today that I’ve joined Meta to lead a new Business AI group,” said Shih in a LinkedIn post. “Our vision for this new product group is to make cutting-edge AI accessible to every business, empowering a ...

Like they say, the trend is your friend, and it's best to trade with your friend. Stocks like Palo Alto Networks NASDAQ: PANW, Salesforce NYSE: CRM, and Booking Holdings NASDAQ: BKNG are trending higher and are forecasted to provide friendly returns this year and next. Trends that support their price action include growth, outperformance, cash flow, and outlook for growth and cash flow growth to continue. Trends supporting their price action also include the analysts, who are bullish and lifting their price ...

In the latest trading session, Salesforce.com (CRM) closed at $322.25, marking a -0.93% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.39%. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.6%.Coming into today, shares of the customer-management software developer had gained 11.03% in the past month. In that same time, the Computer and Technology sector gained 0.59%, while the S&P 500 gained 1.06%.The investm ...

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Top biopharma company selects the next generation of CRM for life sciences as its commercial foundation for future expansion and launchesPLEASANTON, Calif., Nov. 14, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Boehringer Ingelheim is the latest global top 20 biopharma company to commit to moving to Veeva Vault CRM."We are excited to bring our innovative research to patients around the world with up to 25 new treatment launches by 2030. Veeva has been our global CRM standard for many ...

Salesforce.com (CRM) shares rallied 6.1% in the last trading session to close at $341.73. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.8% gain over the past four weeks.The optimism surrounding the stock can be attributable to the robust demand environment as customers are undergoing a major digital transformation. Salesforce is benefiting from a comprehensive product suite and robust partner ecosystem e ...

Customer relationship management (CRM) software has become a mainstay for businesses of all sizes. CRM platforms enable companies to manage interactions and engagements with existing and potential customers. They are designed to streamline processes like contact management, track sales pipelines and opportunities, answer customer service inquiries, generate analytics and reports to gain insights, and collaborate with different teams. Most CRM platforms are now enhanced with generative AI features and offer ...

These investors have built a successful career around their ability to spot winners in the stock market.Bill Ackman of Pershing Square Capital Management and Andreas Halvorsen of Viking Global Investors are two billionaires worth following for investment ideas. They are entrusted with billions in assets to manage for clients, and that reflects a career of making smart investment choices. Alphabet (GOOG 1.17%) (GOOGL 1.12%) and Salesforce (CRM 6.14%) are two stocks these firms held in the second quarter. Bot ...

Salesforce, Inc. (CRM) has shown robust momentum in a highly volatile market environment, with shares climbing 16.1% over the past six months. This solid performance has outpaced the Zacks Computer – Software industry’s 9.6% gain and the S&P 500’s 14.8% rise. The stock’s upward trend has reignited investor interest, making it an appealing option for those looking to capitalize on its growth trajectory. Here's why buying Salesforce now could be a smart move.6-Month Price Return PerformanceImage Source: Zacks ...

ChatGPT developer OpenAI had initially planned on building a global network of foundries to produce AI chips but has instead opted to work with several companies in the computer and technology sector. Like Amazon.com Inc. NASDAQ: AMZN and Alphabet Inc. NASDAQ: GOOGL Google, OpenAI also aspires to produce its own AI chips in an effort to reduce its reliance on NVIDIA Co. NASDAQ: NVDA. NVIDIA’s Blackwell chips are already sold out for the next 12 months, which is lightyears too long of a wait during the AI re ...