Today’s Research Reports on Stocks to Watch: Amazon and salesforce.com
NEW YORK, NY / ACCESSWIRE / April 2, 2018 / Amazon shares slipped again in morning trading on Thursday after President Trump had some not so nice things to say about the e-commerce retailer in a tweet. Shares however rebounded to close in the green. Salesforce.com also saw gains as it announced some new solutions at TrailheaDX 2018.
RDI Initiates Coverage on:
Amazon.com, Inc.
https://rdinvesting.com/news/?ticker=AMZN
salesforce.com, inc.
https://rdinvesting.com/news/?ticker=CRM
Amazon.com, Inc. shares closed up 1.11% on about 12.5 million shares traded on Thursday. It was a modest bounce for the stock which saw big losses on Wednesday after an Axios report revealed that President Trump wants to "go after" the company over taxes. The White House however said the president has "no actions" against Amazon. On Thursday though, President Trump took to his Twitter and wrote, "I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!" After the tweet, shares fell as much as 4.5% before recovering.
Access RDI's Amazon.com, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMZN
salesforce.com, inc. shares closed in the green up 3.03% on Thursday on nearly 7.8 million shares traded. It was earlier in the week that the company launched a host of new solutions on the first day of TrailheaDX 2018. TrailheaDX is the company's annual developer conference that is held in San Francisco. At the event, salesforce revealed its "Integration Cloud" solution meant to make bridging of systems, devices and different data sources irrespective of storage locations easier for customers. Salesforce also added Einstein Analytics, which can be used in applications for the purpose of better decision making. Bret Taylor, the President and Chief Product Officer at the company remarked, "Companies of every size and industry need to transform how they operate in the digital era—and that transformation starts and ends with the customer. The Salesforce Platform empowers our entire Trailblazer community, regardless of skill levels, to harness the latest advancements in technology and deliver the connected customer experiences that will take their companies and careers to new heights." In the last year, shares of the stock have gained 40%.
Access RDI's salesforce.com, inc. Research Report at:
https://rdinvesting.com/news/?ticker=CRM
Our Actionable Research on Amazon.com, Inc. (NASDAQ: AMZN) and salesforce.com, inc. (NYSE: CRM) can be downloaded free of charge at Research Driven Investing.
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