The Latest Breaking News from CRM

While 2022 had been a painful year for tech stocks amid the Fed’s consecutive rate hikes, the tech sector’s long-term prospects look bright. The industry is expected to witness steady growth in the coming years amid robust demand. Therefore, investors should consider adding quality software stocks Microsoft (MSFT) and Salesforce…

Software pioneer Salesforce (CRM) reported robust top-line growth in the last reported quarter, surpassing the consensus estimates. The stock has gained more than 10% over the past month. Also, Wall Street analysts see a more than 25% upside potential in the stock. Moreover, the software industry is expected to witness…

Amid consecutive rate hikes, the tech-heavy Nasdaq composite has lost more than 32% in 2022, while the industry has lost more than $7 trillion. However, experts believe a potential rebound is around the corner for the tech industry in 2023. Moreover, rapid digitalization is leading to robust demand for tech…

Despite the aggressive rate hikes that plagued tech stocks since the start of the year, the software industry’s prospects look strong, thanks to rapid digitalization and demand for cloud-based solutions. While fundamentally strong software stocks Salesforce (CRM) and Mitek Systems (MITK) could be worth buying to capitalize on the industry’s…

Salesforce (CRM) has endured a fate similar to most tech stocks this year. The customer relationship management provider has fallen more than 48% from its 52-week high. However, with the company guiding for a solid end to the year, will it be wise for investors to buy the dip in…

Salesforce (CRM) presented mixed financials for its 2022 third quarter. The company’s management is confident of generating broad profit margins shortly. However, the company dismissed a section of its employees in November. Moreover, the stock has lost more than 35% this year. Let’s find out if investors should buy CRM…

A whale with a lot of money to spend has taken a noticeably bearish stance on Salesforce. Looking at options history for Salesforce (NYSE:CRM) we detected 33 strange trades.

The latest inflation report has raised the odds of the Fed slowing down on its aggressive rate hikes, which might bode well for the tech sector. Moreover, demand for software goods and services remains robust amid the rapid digital transformation. Given the backdrop, quality software stock Salesforce (CRM) could be…

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