Salesforce

2024 - 5 - 30

Is Salesforce's Reign Coming to an End? Stock Plunges Raise Concerns

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Salesforce's stock takes a nosedive as investors reevaluate its growth prospects. What's next for the tech giant?

Salesforce, once a tech powerhouse, is facing a rocky road ahead as its stock plunges amidst weak earnings reports. The company's first-quarter revenue misses and soft guidance have sent shockwaves through the market, with shares tumbling by 20%. Analysts are skeptical about Salesforce's future, with concerns mounting over AI competition and revenue growth. The once-unstoppable tech giant now stands at a crossroads, prompting investors to question its long-term sustainability.

On the flip side, Salesforce's integration of ethical AI is hailed as a game-changer in customer interactions and operational efficiency. Despite the recent setbacks, the company's commitment to responsible technology opens new doors for innovation and growth. In the ever-evolving tech landscape, Salesforce continues to adapt and redefine industry standards, showcasing resilience and determination.

The decision to replace Exxon Mobil with Salesforce in the Dow Jones Industrial Average signaled a significant shift in the market. This move reflected the changing tides in the energy and tech sectors, highlighting Salesforce's ascension to prominence. As analysts reassess the stock price targets post-earnings, the future trajectory of Salesforce remains uncertain, fueling speculation and market volatility.

With Salesforce's shares experiencing their biggest drop since 2008, the tech giant faces a critical juncture. The company's history-making slowest sales growth projection raises questions about its competitive edge. As the tech industry evolves, Salesforce must navigate challenges and capitalize on opportunities to maintain its position as a market leader.

Salesforce's 'increasingly visible' weakness could spur a stock drop ... (Morningstar.com)

By Emily Bary. Salesforce's stock sinks as the company has investors rethinking its growth outlook. Investors searching for more reason to be cautious about ...

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Salesforce Earnings Beat, Revenue Light. Weak Guidance Sends ... (Investor's Business Daily)

With software stocks already struggling, Salesforce (CRM) on Wednesday reported first-quarter earnings that topped estimates while revenue missed.

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Salesforce shares tumble 20%, on pace for worst day since 2004 (CNBC)

Salesforce shares fell 20% Thursday morning after the company released weaker-than-expected fiscal first-quarter results on Wednesday. · Analysts said broader ...

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Salesforce Stock Plunges on Q1 Revenue Miss, Soft Outlook (Kiplinger's Personal Finance)

Salesforce stock is down after reporting weak first-quarter revenue and a soft Q2 outlook. Here's what you need to know.

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Salesforce Stock Slumps After 'Total Mess' of Earnings. What ... (Barron's)

Barron's screened the S&P 500 for the companies with the highest absolute levels of shareholder equity.

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Salesforce plummets as weak forecast sparks concerns of AI ... (Reuters)

Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI ...

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Exxon trouncing Salesforce since software stock replaced oil giant in ... (CNBC)

Salesforce replaced Exxon Mobil as a Dow component in August 2020, a shake-up seen as a sign of the energy sector's weakness and the tech sector's strength.

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Analysts revamp Salesforce stock price targets after earnings (TheStreet)

Salesforce shares are set to shed more than $40 billion in value following a disappointing earnings update.

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Ethical AI in Salesforce: Architecting responsible technology (FinTech Global)

The integration of artificial intelligence (AI) within the Salesforce ecosystem is revolutionizing business-customer interactions and operations management.

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Salesforce (Deloitte)

We provide Salesforce solutions and partnerships to help you build brand loyalty, better customer relationship and sales processes, improving business ...

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Salesforce Shares Plunge by Most Since 2008 After Weak Outlook (Yahoo Finance)

(Bloomberg) -- Salesforce Inc. shares slid by the most in almost two decades after projecting the slowest quarterly sales growth in its history, ...

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Salesforce Shares Plunge by Most Since 2008 After Weak Outlook (Yahoo Finance)

(Bloomberg) -- Salesforce Inc. shares dropped the most in almost two decades after projecting the slowest quarterly sales growth in its history, ...

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Salesforce Darkens the Skies for Cloud Software as AI Threat Looms (The Wall Street Journal)

Growth slows as big deals are taking longer to close and artificial-intelligence hype isn't yet paying off.

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Dow Slumps 380 Points As Salesforce Stock Suffers Worst Loss ... (Forbes)

The Dow Jones Industrial Average faltered Thursday thanks in large part to a massive selloff for software giant Salesforce, as rosy artificial intelligence ...

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Stock Market Today: Salesforce Earnings Drag Dow Down 330 Points (Kiplinger's Personal Finance)

Salesforce notched its biggest one-day loss in nearly 20 years after the SaaS firm's Q1 revenue fell short.

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Dow Jones Today: Stocks Slump as Salesforce Sparks Tech Sell-Off (Investopedia)

U.S. stocks fell Thursday as a disappointing sales forecast from software giant Salesforce weighed on tech stocks.

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Salesforce Stock Extends Earnings-Fueled Decline as Analysts ... (Investopedia)

Salesforce shares tumbled after the company reported first-quarter sales that missed estimates and offered weaker-than-expected guidance for the second ...

Salesforce hits software sales slump, bets on AI adoption to boost ... (CIO Dive)

The top CRM provider saw “elongated deal cycles, deal compression and high levels of budget scrutiny,” COO Brian Millham said Wednesday.

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Salesforce stock value plummets, company loses nearly $50B in ... (KTVU San Francisco)

San Francisco-based tech company Salesforce lost tens of billions in valuation this week, all after the company showed less-than-impressive growth in a ...

Salesforce's stock suffers its biggest drop in two decades (Morningstar.com)

By Emily Bary. Salesforce shares sink as the company has investors rethinking its growth outlook. Investors searching for more reasons to be cautious about ...

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Image courtesy of "Financial Times"

Salesforce spins itself as an AI revolution winner as Wall Street ... (Financial Times)

Not many publishers are buying chief executive's narrative of the advantages to his group as a result of the technology.

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AI is the thorn in Salesforce's side (Morning Brew)

The company reported quarterly earnings that missed Wall Street's estimates for the first time since 2006. article cover. Anna Kim. ByCassandra Cassidy.

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