Shares of Salesforce Inc. slumped 6.3% in premarket trading in the wake of the customer-relationship-management software company’s fiscal first-quarter...
Shares of Salesforce Inc. CRM slumped 6.3% in premarket trading in the wake of the customer-relationship-management software company’s fiscal first-quarter report, which was enough to push futures YM00 for the Dow Jones Industrial Average DJIA into the red. The implied price decline for the stock would shave about 92 points off the Dow’s price. Meanwhile, Dow futures fell 22 points, or 0.1%, ahead of the open, while futures ES00 for the S&P 500 SPX rose 0.
3% in premarket trading in the wake of the customer-relationship-management software company’s fiscal first-quarter report, which was enough to push futures YM00 for the Dow Jones Industrial Average DJIA into the red. The implied price decline for the stock would shave about 92 points off the Dow’s price. Meanwhile, Dow futures fell 22 points, or 0.1%, ahead of the open, while futures ES00 for the S&P 500 SPX rose 0.1% and futures NQ00 for the Nasdaq 100 NDX edged up less than 0.1%.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Salesforce shares fall despite better-than-expected earningsSalesforce reported profit and revenue that topped Wall Street estimates, while the company forecasts the current quarter revenue will top expectations.
Read more »
Salesforce predicts record earnings, but the stock is still fallingSalesforce predicted record earnings in the second quarter and increased guidance for record annual profit Wednesday, but shares still declined more than 4%.
Read more »
Salesforce bumps up full-year forecast but reports higher capital expenses than expectedSalesforce raised its full-year guidance and reported an earnings and revenue beat, but capital costs were higher than expected.
Read more »
Salesforce posts slowest quarterly revenue growth since 2010Salesforce Inc posted an 11% rise in quarterly revenue, its slowest pace of growth in 13 years, as companies dialed back spending on cloud-based software offerings in an uncertain economy.
Read more »
Salesforce CEO Marc Benioff says new A.I.-enhanced products will be a 'revelation'CEO of Salesforce Marc Benioff told CNBC's Jim Cramer on Wednesday that artificial intelligence will be and already is a boon for the company.
Read more »
Salesforce CEO praises performance culture as profit margins improveMarc Benioff touts Salesforce's 'performance culture' as the cloud giant speeds towards the profit margins Wall Street wants
Read more »