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AI came into this earnings cycle as the buzzword for Salesforce, amid recent bullish comments on the technology's potential by CEO Marc Benioff to Yahoo Finance's executive editor Brian Sozzi.
The stock trades on a forward P/E multiple of 32 times, per Yahoo Finance data, a relative premium to AI chip darling Nvidia at 30 times. Difucci rates Salesforce shares at a Hold.
Salesforce remains a battleground stock for Wall Street after a quarter that could be viewed as wildly positive — or wildly mixed.Shares of the Marc Benioff-led company surged 11% in Wednesday's ...
Salesforce stock is taking it on the chin after a so-so quarter and outlook. The ... The company's ticker page was the most active on Yahoo Finance. "Better than expected, but challenging signs of ...
"The price increase was the Hulk Hogan-like power move we like from Salesforce," the Salesforce bull told Yahoo Finance. Salesforce's move on prices could be a sign of more to come as it releases ...
Salesforce also gave better-than-expected fourth-quarter guidance, projecting fiscal sales between $9.9 billion and $10.10 billion compared to analyst expectations of $10.05 billion.
After last week's sell-off, Salesforce's stock is now down 10% in 2024. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
Salesforce's 11.5% jump, good for jsut over a $19 per share increase in the stock price, added roughly 110 points to the price-weighted Dow's 340 point gain on Thursday.