NEW YORK, June 22, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc. Why Did Salesforce’s Stock Drop? On May 29, 2024, Salesforce reported its fiscal Q1 2025 financial results. In pertinent part, Salesforce’s reported $9.13 b ...

The extent and timing of the enterprise market's embrace of the company's AI cloud software are uncertain. Salesforce's (CRM 0.58%) uninspiring first-quarter earnings, reported on May 30, startled investors, who expressed their displeasure by driving the stock down 20% -- the worst single-day price decline in the company's 20-year history. The company's revenue miss and weak guidance were cause for concern. But the more significant story is the onset of forces impacting the company that are as unpredictable ...

NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- Top securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc. Why Did Salesforce’s Stock Drop? On May 29, 2024, Salesforce reported its fiscal Q1 2025 financial results. In pertinent part, Salesforce’s reported $9.13 billi ...

Right now, customer relations management software specialist Salesforce (NYSE:CRM) isn’t in favor among investors. Yet, one activist investor is buying while others are selling. His contrarian strategy could provide a huge payoff down the road, and you can also grab some Salesforce stock shares for potential profits. As we’ll discuss in a moment, Salesforce expects to grow its sales and is embracing artificial intelligence technology. However, sometimes the market is hard to please. That’s fine, as the pani ...

Get ready. You are about to discover three tech stocks to buy that have not participated in the broader tech sector’s upward momentum in 2024. As a result, we believe these tech shares offer significant long-term profit potential. Year-to-date (YTD), the tech-heavy Nasdaq 100 index has advanced over 17%. Now it hovers near all-time highs. Tech giants like Apple (NASDAQ:AAPL), Nvidia (NASDAQ:NVDA), and Microsoft (NASDAQ:MSFT) have led the rally. However, a number of tech stocks have been left behind. As a re ...

John M Lund Photography Inc This CRM Investment Thesis Is A Lot More Compelling After The Deep Pullback As we enter the next super cycle of cloud computing, Big Tech, and eCommerce boom, it is unsurprising that global businesses are increasingly searching for opportunities to better connect with their existing consumers while growing adoption across new markets. And here is where Customer Relationship Management [CRM] comes into the picture since a trustworthy and highly reachable company is more likely to ...

Rosangela Perry/iStock Editorial via Getty Images With the market continuing to dance around all-time highs, I continue to favor contrarian positions that go against the general market take. My goal in buying potential rebound plays is to reduce correlation to broader market swings, and to me, Salesforce (NYSE:CRM) is approaching buy territory. Year to date, shares of Salesforce have lost more than 10% of their value, dramatically underperforming both the S&P 500 as well as other tech companies. Despite the ...

Salesforce Inc. (CRM, Financial) reported its fiscal first-quarter 2025 results on May 29. While the company only slightly missed expectations for a couple of key metrics, it then downgraded its expectations for the 2025 fiscal year. This led to the stock dropping 15%. In my opinion, given the company's unchanged fundamentals, continued high growth potential and compelling valuations, this seems like an overreaction. It could present a great opportunity to invest in a long-term winner. Why I like Salesforce ...

Sundry Photography/iStock Editorial via Getty Images Since I last covered Salesforce (NYSE:CRM) in May last year in the article entitled “Key AI Additions, But Probably Too Late To Get Excited”, it has gained about 10%, including the recent 20% plunge as charted below. Data by YCharts This thesis aims to show that this is not a buy despite the drop to the $242 level because Salesforce has been unable to halt the deceleration in sales despite rapidly adopting artificial intelligence, while at the same time, ...

A near-perfect storm of negative catalysts caused Salesforce (NYSE:CRM) stock to plunge after reporting its first-quarter results on May 30. The shares are likely to stay weak for some time due to the Street’s current aversion to software names in general and Salesforce in particular. Nonetheless, the company’s valuation is quite undemanding at this point, its operating cash flow is rapidly increasing, and it should get a significant bump from the artificial intelligence (AI) boom over the longer term. What ...