Who knows what will happen today. My guess would be a big pop on the open followed by a slow bleed to up 1% when the day is over.
Yeah, so it will be interesting to see what the analysts throw out for price targets tomorrow am. They will be skiddish given todays market.
We'll see in a few.
I'm thinking beat non-GAAP by one penny and miss GAP by one penny. Revenue flat to beat by 1%. This could be one of those many earnings reports that we have seen where there is a significant pop after hours that only lasts for several minutes before the details are analyzed. Obviously, this will be influenced by the overall market action today. Trading is looking pretty nervous again.
Revenue growth at Salesforce will soon be below 20%. Will people still be willing to pay up for this? Microsoft, Oracle, and SAP said NO.
Little late to that game. No?
I think there are only about 200 million people employed in the U.S. and only a tiny fraction would ever be approached by a head hunter. This is one of the craziest bubbles in the market now and part of it is being supported by their customers who actually are dumb enough to pay for their "services".
It's a cute little app that has very little real value to anyone.