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The Latest Breaking News from Salesforce Inc

Software Stocks for 2023: 1 to Buy and 2 to Avoid

Innovation in the software industry will likely continue bringing waves of investments. However, global economic instability is expected to compound near-term challenges for the software industry. While we think Salesforce (CRM) might be worth buying, fundamentally weak software stocks Robinhood Markets (HOOD) and Matterport (MTTR) could be best avoided. Keep…

1 Tech Stock You'll Wish You Bought Sooner

1 Tech Stock You'll Wish You Bought Sooner

Leading cloud-based software company Salesforce (CRM) delivered double-digit top-line growth in its last reported quarter. Moreover, the company raised its guidance for fiscal 2023. CRM is well-positioned to achieve solid growth owing to product innovations and multi-cloud expansions. Therefore, this tech stock is an ideal buy now. Read on….

3 Great Stocks to Buy More of Today

3 Great Stocks to Buy More of Today

While the Fed’s interest rate increases have shown some success in easing inflation, the stronger-than-expected jobs report suggests that the Fed has more work to do. Continued interest rate hikes will likely push the economy into a recession. Amid an uncertain economic backdrop, it could be wise to buy shares…

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3 Growth Stocks to Buy Now Before They Heat Up

The gradual decline in inflation and decelerating wage growth might prompt the Fed to slow the pace of rate hikes this year, which might help growth stocks to stage a recovery. So, fundamentally strong growth stocks Salesforce (CRM), HF Sinclair (DINO), and Box (BOX), which look poised to soar in…

Salesforce Stock: Buy or Sell Right Now?

Salesforce (CRM) reported higher-than-expected EPS and revenue in the fiscal third quarter. Moreover, the company has guided for a strong end to fiscal 2023. However, with competition rising in various parts of its business and economic conditions remaining uncertain, will it be wise to buy the stock now? Read on…

Top Stocks to Buy in 2023? 2 Software Stocks to Watch

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…

1 Software Stock With Major Growth Potential in 2023

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…

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1 Software Stock to Buy Today and 1 to Avoid for Now

1 Software Stock to Buy Today and 1 to Avoid for Now

Despite the Fed’s hawkish stance leading to a massive sell-off this year, the software industry is anticipated to remain buoyed on the backs of favorable spending. Hence, the quality software stock Salesforce (CRM) could be a solid buy now. However, Fastly (FSLY) could be avoided now, considering its weak fundamentals.…

1 Software Stock With Major Growth Potential to Buy Now

1 Software Stock With Major Growth Potential to Buy Now

Software company Salesforce (CRM) has set ambitious long-term financial targets. The company’s historical and projected growth make the stock a solid buy now. Read on….

2 Software Stocks to Buy This Week and 2 to Avoid

2 Software Stocks to Buy This Week and 2 to Avoid

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…

Slack CEO Butterfield to Depart Next Month

Slack CEO Butterfield to Depart Next Month

Slack Chief Executive Officer Stewart Butterfield plans to leave the workplace messaging platform in January, parent company Salesforce Inc said on Monday. Lidiane Jones, who is the senior vice-president of product management for Salesforce Commerce Cloud, will take over as CEO of Slack, a company spokesperson said. Business Insider had…

Asharq Al-Awsat

1 Software Stock to Buy This November and 1 to Avoid

1 Software Stock to Buy This November and 1 to Avoid

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…

Salesforce, Atlassian And 2 Other Stocks Insiders Are Selling

Salesforce, Atlassian And 2 Other Stocks Insiders Are Selling

Gold futures traded sharply higher this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

The 5 Best Software Stocks to Buy This Week

The 5 Best Software Stocks to Buy This Week

Despite the rampant market sell-off this year, the software industry is expected to stay buoyed due to its growth potential. Hence, software stocks Oracle (ORCL), Salesforce (CRM), Autodesk (ADSK), Synopsys (SNPS), and Commvault (CVLT) could be ideal buys this week, given their solid fundamentals. Read on….

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Salesforce Faces Price Target Cuts On Guidance Cut, Shares Slide

Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.

9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'

Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast.

Microsoft Joins Peers In Hiring Slowdown Amid Economic Volatility

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…

Why Is A Man Climbing The Salesforce HQ Tower?

A man climbing the Salesforce Inc (NYSE: CRM) tower in San Francisco without any safety harnesses on Tuesday morning was detained after reaching the top of the building.

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