CRM Jun 2024 270.000 call
- Yahoo Finance Video
Dow drops 411 points, HP Inc. CEO talks AI PCs: Market Domination Overtime
The trading day has come to a close, but that doesn't mean it's closing time for Yahoo Finance's Market Domination Overtime. Hosts Julie Hyman and Josh Lipton get you to the finish line at the closing bell where the Dow Jones Industrial Average (^DJI) fell by 411 points. In earnings news, Salesforce (CRM) shares are sinking in extended trading hours after the cloud computing giant reported mixed first-quarter results, the stock driven lower on its disappointing second-quarter forecasts. HP Inc. (HPQ) is seeing a boost from its narrow fiscal second-quarter earnings beat. HP Inc. (HPQ) CEO Enrique Lores sits down with Yahoo Finance Executive Editor Brian Sozzi to talk about the computer company's earnings and its future in the AI-powered PC market. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Salesforce stock is sinking on its Q2 earnings forecasts
Salesforce (CRM) shares are sinking after Wednesday's market close as the cloud computing company reported mixed first-quarter earnings results. Salesforce posted $9.13 billion in revenue ($9.15 billion expected) and gains of $2.44 per share ($2.38 per share expected). The downward stock pressure is heavily attributed to Salesforce's miss on second-quarter forecasts. The company is raising its full-year outlook Yahoo Finance's Julie Hyman and Josh Lipton weigh in on Salesforce's guidance and commentary from CEO Marc Benioff. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Investing.com
Futures dip, Salesforce forecast falls short of estimates - what's moving markets
Investing.com -- U.S. futures inch lower on Thursday following a drop in equities in the previous session, with concerns rising over weak Treasury sales and the outlook for possible Federal Reserve interest rate reductions. Salesforce (NYSE:CRM) shares drop in extended hours dealmaking after the business software group's second-quarter misses estimates. Elsewhere, activist investor Nelson Peltz reportedly liquidates his stake in Disney after a failed proxy battle earlier this year.
