Salesforce.com (CRM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
September hasn't been kind to the stock market. The Dow Jones Industrial Average (DJINDICES: ^DJI) has largely marched to its own tune lately -- it lost less ground in 2022 than other benchmark indexes, but it has also posted weaker positive returns than they have so far in 2023. On Friday, Dow component Nike (NYSE: NKE) reported favorable quarterly results that sent its stock jumping in early trading.
The headwinds are beginning to outnumber the tailwinds in the markets.