- Activist hedge fund ValueAct Capital is seeking to remove four of the 14 directors from Japanese convenience store operator Seven & i Holdings' board, citing a "failed corporate strategy", prompting the board to scrutinize the proposal; the move follows the fund's call earlier this year for Seven & i to spin off its 7-Eleven convenience store chain, but did not identify the directors it seeks to remove, causing the company's shares to rise 1% in Tokyo, bolstered by the news that ValueAct had won a board seat at cloud computing company Salesforce.
- ValueAct Capital, which owns a 4.4% stake in Seven & i Holdings, has informed the Japanese convenience store operator it would lobby to remove four directors from its board, citing a "failed corporate strategy", although how it would seek oust the directors was not stated; Seven & i announced this month it will close another 14 Ito-Yokado supermarket stores in Japan and fully exit its apparel business as part of a structural reform plan.
- ValueAct Capital has written a letter to Seven & i Holdings, citing "a failed corporate strategy" and proposing the removal of four directors from the Japanese convenience store operator's board, with the hedge fund claiming that its engagement with the company over several months had not led to a strategy to grow faster and improve profitability that would reduce the "conglomerate discount"; the proposal includes spinning off Seven & i's 7-Eleven convenience store chain, with the fund having invested in the company and made proposals since 2021, and shares in Seven & i rose 1% in response in Tokyo.
- Coveo Solutions Inc., a provider of AI platforms for digital experiences, announced that their Coveo AI Search and Recommendations platform for SAP Commerce Cloud is now an SAP Endorsed App, which will help retailers and businesses using SAP solutions boost their search, personalization, and merchandising capabilities. The launch of its SAP Endorsed App program helped Coveo in achieving SAP-certified status, and the platform provides retailers, brands, manufacturers, and digital merchants with intelligent and relevant site search, tailored recommendations, personalized shopping experiences, and optimized campaigns to increase profitability.
- Calix establishes an office of corporate social responsibility and Martha Galley, the chief customer success officer, will lead expansion and amplification of the company's positive impact on customers, employees, and society, with a focus on environmental and ethical responsibility, which leads to an increase in their stock price by 0.5%.
- Cloud contact center solutions provider, Five9, and AI conversation intelligence firm, Invoca, have announced they will extend their strategic partnership to create PreSense. The offering will use Invoca's conversation intelligence technology to provide contact centre agents with pre-call visibility, enabling them to tailor their interactions with customers more effectively.
- Salesforce (CRM) stock went down by 1.15% last night despite outstanding financial performance and growing AI integration due to concerns of a possible slack in the demand for cloud software as COVID-19 vaccine rollouts accelerate.
- The article is not about Salesforce (CRM) stock but instead is an invitation to the Annual General Meeting of Shareholders of Sportradar Group AG, where various proposals will be made and votes will be conducted, including the re-election of certain board members and approval of executive and board compensation.
- This article lists some of the top blue chip stocks, including S&P Global, Walt Disney, JPMorgan Chase, Bank of America, and Salesforce, which is currently down by 1.15%, among the most widely held stocks by elite hedge funds but also warns that leading blue chips face the same headwinds as the market, such as uncertainty and potential slowdowns in the economy.
- Salesforce (CRM) stock went up 2.4% after CEO Marc Benioff cut the company's workforce by thousands and focused on profit margins instead of defying calls to grow the company's profitability alongside revenue, in contrast to during the pandemic when a massive and growing headcount was equated with a company's overall health.
- The article discusses falling stocks to consider buying, including Baxter International Inc., Dominion Energy Inc., Zscaler Inc., and M&T Bank Corporation, which have all experienced declines in the past six months, while Salesforce's stock went up 2.4% for reasons not mentioned in the article.
- The global 3D printing market is expected to grow at a fast rate and reach $34.8 billion by 2030 with a CAGR of 23.3%, due to the rising demand for customized products, increased sustainability, and cost savings, which is driving innovation and the spread of the technology, as well as more money and help from the government; this news is not related to the Salesforce (CRM) stock going up.
- This article is not about Salesforce (CRM) stock, but rather about HLS Therapeutics announcing its financial results for 2022; the stock price increase of Salesforce (CRM) is not explained in this article.
- Salesforce (CRM) stock was up by 2.4% last night, and the reason behind the rise is not mentioned in the article.
- Senseonics, a medical technology company focused on continuous glucose monitoring systems for diabetes, has reported its financial results for Q4 2022 and the full year. The company projects that net revenue for 2023 will be $20m to $24m, an increase of 22% to 46% compared to 2022, and this may have contributed to its stock price increasing by 0.01%.
- Salesforce (CRM) stock went up by 0.01% last night due to its solid financials and efforts to support digital transformation for its customers.
- Salesforce (CRM) stock went up 0.01% last night due to Meta Platform's announcement of cost-cutting and headcount reduction as part of their "year of efficiency" which led to a raised price target on their stock from Mark Mahaney at Evercore ISI.
- Salesforce's stock (CRM) went up 0.01% last night as they launched limited release of Salesforce Web3, a product that allows companies to create, manage, and deploy non-fungible tokens (NFTs) for a holistic view of how customers interact with their brand across traditional and emerging digital environments. This next-generation internet technology, which includes blockchain and NFTs, offers brands creative opportunities to engage new audiences and tap into first-party data to deepen customer relationships and drive loyalty.
- Salesforce (CRM) stock went up by 0.01% recently, and while no specific reason was given for the increase, the company has recently acquired software companies to enhance its customer relationship management solutions and continues to report strong financial results.
- Salesforce Inc. (CRM) stock rose 4.13% on Tuesday due to gains in the technology sector, among other sectors, which led shares higher.
- Salesforce (CRM) stock went up 4.2% after the announcement of a new tool called Einstein GPT, which uses generative AI to streamline tasks previously done by humans.
- Salesforce (CRM) stock was up 4.2% last night, but the article is primarily about a book called "Unscripted: The Epic Battle for a Media Empire and the Redstone Family Legacy," which covers the intersecting stories of CBS, Viacom, and Paramount Global, including the rise and fall of Sumner Redstone, as well as the MeToo allegations against former CBS CEO Les Moonves, with some discussion of Shari Redstone, Sumner's daughter and the current chair of Paramount Global.
- Salesforce's stock (CRM) was up by 4.2% last night, with the demand for risk assets increasing due to repricing of rate expectations based on US CPI data in-line with estimates, along with gains in financials, industrials, and technology leading the major stock indices higher.
- Brightcove has announced integrations with Shopify, Instagram and Salesforce to help companies incorporate video content to drive sales and build customer loyalty, leading to a 4.2% increase in Salesforce's (CRM) share price.
- ServiceNow, a cloud-based IT services provider, is a promising cloud stock pick due to its consistently profitable growth, high retention rates and expanding gross margins, according to an op-ed on The Motley Fool by Leo Sun, who has positions in Amazon, Alphabet and Salesforce. ServiceNow's enterprise value of $90bn is also viewed as reasonable, with Salesforce, Workday and Atlassian among its main rivals, while its subscription revenue is expected to rise 23.5% in constant currency terms this year.
- Salesforce (CRM) stock went up 1.35% last night, but the article from PRNewswire provides monthly updates and holdings for the Liberty All-Star Equity Fund.
- Salesforce stock (NYSE: CRM) went up by 1.35% due to better-than-expected results in the fourth quarter and FY 2023, with revenues increasing by 14% year-on-year mainly driven by the subscription & support segment, despite reporting a net loss of $98 million due to a restructuring cost of $828 million and losses on strategic investments of $314 million.
- Salesforce stock went up by 1.35% last night and has gained 35% YTD, trading lower than its fair value, due to better-than-expected Q4 FY 2023 results where revenues increased.
- In this article, analysts have identified some of the best artificial intelligence (AI) stocks to buy, including Microsoft Corporation, Micron Technology, Applied Materials, and Accenture plc, with these stocks showing potential due to advancements in AI technology and their integration into various industries.
- Strive Asset Management plans to expand its range of ETFs to around 15 this year, launching its first fixed-income active ETF, as well as more sector-specific funds in the second half of 2021, and is planning the release of an international ETF focused on developed markets excluding the US at the end of this month, but its larger than usual political ambitions didn't help take the Salesforce (CRM) stock up, as the company were urged by Strive to steer clear of broader and politically charged, value-destroying social activism and focus exclusively on maximising shareholder value by delivering excellent products to customers.
- Salesforce conducted another round of job cuts, mostly affecting sales and marketing, part of a plan to reduce its workforce by 10%, and the layoffs were cited as the reason why the stock was down 2.31%.
- Numerous companies, including Lockheed Martin and Hunter Douglas, have announced plans to cut hundreds of employees amid a weakening economy, which may be a reason for the recent -2.31% decline in Salesforce's stock.
- Salesforce (CRM) stock went down 2.31% last night, however, the article is about Neuronetics fourth quarter and full-year 2022 conference call, discussing the company's performance, revenue growth, and operational highlights such as increasing customer and patient awareness, optimizing the commercial organization, and leveraging exclusive commercial partnerships.
- The Biden administration's new cyber strategy, which proposes minimum security standards across economic sectors, is likely to face opposition from some lawmakers and businesses, as they prefer to streamline existing regulations and favor partnerships instead of punishment; the strategy has been developed in response to high-profile cyberattacks in late 2020 and 2021, which have shown that voluntary standards aren't working, and has raised questions about the potential for big changes in private sector behavior, including potential resistance from sectors that already work under federal regulatory requirements.
- Asana reported better-than-expected losses and revenue forecasts, but its shares still fell by 2.1% after hours due to the decline in Salesforce and Workday stocks and layoffs in the tech industry.
- Salesforce (CRM) stock went down by -0.2% last night, alongside other growth stocks like CrowdStrike and Palantir, however, no reason was provided for the decline.
- Optiva Inc., a leader in providing communication service providers with cloud-native revenue management software, released its Q4 financial results, with highlights of a $15.1 million revenue, TCV bookings of $21.5 million, an adjusted EPS loss of $(0.25), and a year-end TCV of booking totaling $91.6 million; despite these positive numbers, the company's stock (TSX: OPT) went down by 0.2%.
- Salesforce's stock (CRM) was down 0.2% last night, despite the launch of their new generative AI CRM technology, Einstein GPT, which delivers AI-created content across every sales, service, marketing, commerce, and IT interaction.
- Salesforce (CRM) stock went down by -0.2% last night and a Bank of America report predicts which AI-driven companies are poised for growth.
- Kerrisdale Capital is short shares of C3.ai Inc (NYSE:AI), a $4 billion market capitalization enterprise software company that has risen from the ashes of its busted IPO based on the misconception that its self-proclaimed “AI leadership” somehow positions it to benefit from Silicon Valley’s current tech theme du jour: generative AI. The stock of Salesforce (CRM) went down by 0.26%, but the article does not explain why.
- The article reports on a partnership between cybersecurity firms SentinelOne and Wiz to offer organizations an improved cloud security solution that will allow them to significantly reduce the risk of cloud security threats, with no information given as to why Salesforce (CRM) stock went down by 0.26%.
- Salesforce (CRM) stock went down by 0.26% due to overall losses in the Financials, Basic Materials and Oil & Gas sectors in the U.S. stock market.
- Salesforce's stock decreased by 0.26% despite launching Einstein GPT, an artificial intelligence technology for customer relationship management, with experts speculating that the drop might be due to the overall market trend rather than Salesforce's specific performance.
- Salesforce has launched the world's first generative AI CRM technology, Einstein GPT, which offers AI-created content across all interactions with customers, and it can integrate with AI models from OpenAI, among others; Salesforce's private AI models have been combined with OpenAI’s enterprise-grade ChatGPT technology to offer relevant and trusted AI-generated content, however, its stock was observed to fall by 0.26% last night.
- Salesforce (CRM) stock surged 15% on strong earnings results, causing the Dow Jones to rise, while reasons for the surge were not mentioned in the article.
- Salesforce's stock rose by 11.5% after the company gave an optimistic full-year profit forecast, doubled its share repurchase program, and integrated artificial intelligence into all of its clouds, which calmed activist investors demanding changes due to slowing growth.
- Salesforce's stock went up by 16% due to the company's CEO Marc Benioff announcing that adjusted quarterly earnings per share doubled from a year ago, with adjusted operating margins surging to 29.2%, and the company upping its stock repurchase program to $20 billion, resulting in JPMorgan increasing CRM's price target to $230 per share from $200 and Morgan Stanley going to $240 from $236.
- Salesforce stock went up by 11.5% due to positive earnings report and strong guidance, despite the news of the company paying Matthew McConaughey as a creative advisor and pitchman.
- Salesforce's stock went up 14% after giving an optimistic full-year profit outlook and announcing a doubling of their share repurchase programme, satisfying activist investors looking for changes in the face of slowing growth.
- Salesforce(CRM) stock prices go up because the company is doing well and investors are optimistic about the future.
- Salesforce(CRM) stock went up because the company announced a new $20 billion buyback for CRM stock, and shares soared.
- Salesforce stocks go up when it reports earnings and is seen as being on the up and up.
- Cvent, a market-leading meetings, events, and hospitality technology provider, today announced it has been named to six G2 2023 Best Software Awards lists, including: Top 100 Software Products, 50 Best Marketing & Digital Advertising Products, Top 100 Highest Satisfaction Products, Top 50 Products for Enterprise, Top 50 Products for Mid-Market, and Top 50 Products for Small Business. This is the fourth time Cvent received a G2 Best Software Award. As the world’s largest and most trusted software marketplace, G2 is visited by 80 million software buyers each year.
- Salesforce CRM reported better adjusted earnings than expected and executives projected big profit gains this year which sent the stock more than 12% higher.