Informatica Inc. (INFA)

Salesforce data cloud 'new muscle' for company: Analyst

RBC Capital Markets Software Equity Analyst Rishi Jaluria joins Yahoo Finance to discuss his positive outlook on upcoming Salesforce (CRM) earnings. Jaluria tells Julie Hyman and Josh Lipton that he is "breathing a sigh of relief as a Salesforce bull" after hearing the potential acquisition of Informatica (INFA) has reportedly fallen through. He points to better opportunities for Salesforce to use that money, like stock buybacks or increased dividends. He also has high expectations for the company's data cloud earnings, calling it a "new muscle" for Salesforce with increasing growth opportunities. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Melanie Riehl