|Day Low/High||192.29 / 195.39|
|52 Wk Low/High||115.29 / 195.72|
Between the Tableau deal and last year's purchase of MuleSoft, Salesforce is betting big on the long-term opportunity presented by data integration and analytics.
I am no longer as eager to sell these shares as when I discussed this merger pre-opening.
Markets are still willing to pay top dollar for high-growth software names that meet or beat their high expectations. But they're proving remorseless to the growing list of firms to fall short.
During an interview, Anaplan CEO Frank Calderoni argued his firm's software has a lot of room to displace the use of spreadsheets for business planning work, and is better-suited for the needs of large enterprises than "point solutions."
Anything weak is a positive to be excited about and anything strong is a nightmare because that might stiffen Powell's resolve to keep rates where they are instead of cutting them.
This cloud earnings season has been about the bigger established names.
While Salesforce's valuation spells a limited margin of error, the company's execution still looks rock-solid and enterprise software spending trends remain healthy.
You know where the firm has next to no revenue exposure? China.
Benioff is getting behind calls for regulation of Silicon Valley giants.
Shares of the San Francisco-based software company were bouncing back from a sizable drop during the month of May as the cloud giant upped its full-year earnings estimates.
CRM's latest chart shows a two-day reversal pattern.
Dealing with fears around the trade war with China and antitrust investigations, investors should know not only if customers are doing well, but also who a company's customers really are.
Simply put, traders at the larger institutions were driven either by risk managers or simple fear out of FANG and information technology, and into anything else.
Let's inspect the charts and indicators.
The company's stock price has been rolling over since March and broke key support ahead of Tuesday's earnings report.
CRM is still suffering, but a number of other cloud stocks are still hot. Here is how to play it.
You all know that I love the software/cloud type names.
The downbeat progression of talk is at odds with the market itself.
As usual, the stocks that bounce back first are the tech stocks with little Chinese exposure and the consumer packaged goods that just demonstrated good numbers.
'Rookie buying' ahead of the print can get you in trouble.
Azure and Office 365 were far from the only Microsoft businesses to show good top-line momentum last quarter.
Azure will determine the path that MSFT's stock price will take moving forward.
PayPal's Venmo unit is reportedly planning to launch a credit card. That's just one of several ways it can monetize its young and highly engaged core user base.
The U.S. economy is doing okay, but not great, and you can see that in a number of sectors.
With any China deal, there must be a clear and verifiable method of enforcing compliance.
Use the swoon to buy, but wait until the coast is clear and nothing happens and it is just a random rotation.
First-quarter earnings estimates just keep getting worse.
What would the people who help determine AAPL's stock price really want?
Here is how the current IPO lifecycle will play out, with stops for Lyft and Pinterest.