174.37 +0.13 (0.07%)
After hours: 7:58PM EDT
|Bid||174.00 x 1400|
|Ask||174.17 x 900|
|Day's range||171.22 - 174.90|
|52-week range||115.29 - 195.72|
|Beta (5Y monthly)||1.07|
|PE ratio (TTM)||1,161.53|
|Earnings date||20 Aug 2020 - 24 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||198.50|
When Salesforce announced it was acquiring Vlocity for $1.33 billion in February, it was a deal that made sense for both companies. Today, the company announced that the deal has closed and Vlocity CEO David Schmaier has been named CEO of a new division called Salesforce Industries. Vlocity has built several industry-specific CRM tools such as media and entertainment, healthcare and government on top of the Salesforce platform.
The stock market was underwhelmed despite strong results from major retailers. In this episode of Motley Fool Money, Chris Hill is joined by Motley Fool analysts Jason Moser and Ron Gross to go through the latest headlines from Wall Street, employment figures, the change in people's spending habits, and corporate debt. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
In spite of a positive quarter with record revenue that beat analysts' estimates, Salesforce stock was taking a hit today because of lighter guidance. Wall Street is a tough audience. The guidance, which was a projection for next quarter's earnings, was lighter than what the analysts on Wall Street expected.
Workday's (WDAY) expanding partner base is expected to aid it acquire more customers and expand its presence in the HCM market.
Shares of Workday (NASDAQ: WDAY) have popped today, closing out the session with gains of 7% after the company reported fiscal first-quarter earnings yesterday. Subscription revenue was $882 million, and the cloud-based human resources platform now has a subscription revenue backlog of $8.2 billion. "The cloud is playing a critical role in today's climate, with organizations leaning on Workday to pivot -- whether it's helping employees learn virtually, closing books remotely, or scenario planning to determine what path to take," CEO Aneel Bhusri said in a statement.
SAN FRANCISCO (AP) _ Salesforce.com Inc. (CRM) on Thursday reported fiscal first-quarter net income of $99 million. On a per-share basis, the San Francisco-based company said it had net income of 11 cents. The results beat Wall Street expectations.
Yahoo Finance catches up with HP's CEO Enrique Lores fresh off its second fiscal quarter earnings report.
Adobe (NASDAQ: ADBE) and Salesforce (NYSE: CRM) are two cloud computing stocks that have outperformed the broader market throughout the COVID-19 crisis. Adobe's stock advanced nearly 20% this year as its Creative Cloud services, marketing services, and analytics tools locked in mainstream and enterprise customers. Salesforce's stock rose nearly 10% as its market-leading customer relationship management (CRM) tools faced only limited disruptions from COVID-19.
Small businesses are the heart of Canadian communities and the backbone of Canada’s economy. Canadians everywhere have been supporting their local businesses throughout COVID-19, from ordering take-out to buying gift cards. Today, the Canadian Chamber of Commerce, Canada’s leading and most representative business association, announced a new program, the Canadian Business Resilience Network Small Business Relief Fund, to provide small Canadian businesses from coast to coast to coast with $10,000 grants to help their recovery efforts during these unprecedented times.
This week is a shortened trading week with major markets closed Monday in observance of the Memorial Day holiday. Investor focus will remain on the coronavirus and its impact on the U.S. economy as most states across the country continued their phased reopening plans.
Investing.com - Our senior markets analyst Jesse Cohen gives us his top five things to know in financial markets in the week ahead, including:
Whether it was for the tax deduction and deferred taxable gains of a traditional IRA or the future tax-free gains of a Roth IRA (after you wait five years and reach age 59 and a half, of course), that contribution will yield rich rewards down the road. Three options that could be great for your IRA are salesforce.com (NYSE: CRM), Visa (NYSE: V), and Alibaba (NYSE: BABA). For years now, cloud computing has been picking up steam and fueling "digital transformation" -- a catch-all phrase for organizations looking to update their operations for the 21st century.
Salesforce Commerce Cloud CEO Mike Micucci says that they were hearing from customers they needed help. Salesforce decided to build four packages of services very quickly for customers specifically designed to help conduct business during COVID-19. The four tools are part of the Salesforce Quick Start Commerce Solutions and include Quick Start Commerce for D2C Consumer and Essential Goods to get a site up running fast, Quick Start Commerce for Grocery and Food Service to help restaurants and grocery stores set up online curbside food purchasing systems, Quick Start Commerce for B2B for companies setting up business-to-business sites and Quick Start Commerce for Buy Online and Curbside Pickup, which enables non-food companies to move in-store inventories online, and arrange curbside pickup systems.
Do you need some good news for a change? Let’s examine some companies that are doing their part to help during the COVID-19 pandemic.
Veeva Systems (NYSE: VEEV) and Salesforce (NYSE: CRM) are two closely linked companies in the cloud-based CRM (customer relationship management) space. Salesforce, which was founded 21 years ago, is the world's largest CRM company. In 2007, Peter Gassner, Salesforce's former senior VP of technology, co-founded Veeva to develop dedicated CRM solutions for pharmaceutical and life science companies.
Growth investing can help you quickly build wealth in the stock market. The following three growth stocks can help you earn these types of fortune-building returns. PayPal helps to make the online shopping experience easier, faster, and more secure.
Joining me here today remotely are Greg Strakosch, our executive chairman; Mike Cotoia, our chief executive officer; and Dan Noreck, our CFO. Before turning the call over to Greg, I'd like to remind everyone on the call of our earnings release process.
'[All] of us need to be ready to get back into the office and deal with the new work environment,' says Salesforce CEO Marc Benioff.
Microsoft (NASDAQ: MSFT) recently inked a five-year cloud deal with Coca-Cola (NYSE: KO), in which the beverage maker will standardize its business operations with Microsoft's Azure, Dynamics 365, and Microsoft 365 services. The partnership marks another victory for Microsoft's commercial cloud business, which secured big clients like Costco, Walmart, and AT&T in recent years. It will also widen Microsoft's moat against Amazon (NASDAQ: AMZN), Salesforce (NYSE: CRM), and Slack (NYSE: WORK) in their respective cloud markets.