|Bid||138.070 x 800|
|Ask||138.100 x 800|
|Day's Range||137.120 - 140.040|
|52 Week Range||85.120 - 142.120|
|PE Ratio (TTM)||218.02|
|Earnings Date||Aug 20, 2018 - Aug 24, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||148.54|
America's most-admired chief executives are well represented by the tech industry (26 out of 100) but not by women (only eight). Career site Glassdoor's list of the top-100 CEOs, as voted by employees anonymously, is topped by Eric Yuan of Zoom Video Communications. Three other tech CEOs--Daniel Springer of DocuSign (DOCU), Jeff Weiner of Microsoft (MSFT) unit LinkedIn, and Marc Benioff of Salesforce.com (CRM)--landed in the top 10.
At the heart of the city's tech industry, SoMa continues to attract new and growing restaurant concepts. Over in Mission Bay, restaurants have opened to meet the growing demand for services in the area.
SAP SE aims to double the size of its sales and marketing software business within two years, its top salesman told Reuters, throwing down the gauntlet to market leader Salesforce. Germany-based SAP, the dominant provider of software that helps companies run back-office functions like finance and supply-chain management, recently announced a major push into so-called Customer Relationship Management (CRM).
SAN FRANCISCO, June 21, 2018 /PRNewswire/ -- Salesforce [NYSE: CRM], the global leader in CRM, today announced Health Cloud for Payers, a complete solution designed specifically for the health insurance industry. Every payer, such as insurance carriers and health plan sponsors, will be able to use Health Cloud to get a complete view of their members and provide more personalized experiences, helping to improve member outcomes and contain medical costs.
This morning, WallStEquities.com covers the Application Software market, which is primarily driven by the increasing usage of computers, tablets, and smart phones. The growth in the application software market in business organizations and industry verticals can be attributed to the development of automation and use of electronic devices. Under evaluation this morning are the following stocks: NIC Inc. (EGOV), One Horizon Group Inc. (OHGI), Pluralsight Inc. (PS), and salesforce.com inc. (CRM).
SAP SE (SAPG.DE) aims to double the size of its sales and marketing software business within two years, its top salesman told Reuters, throwing down the gauntlet against market leader Salesforce (CRM.N). Germany-based SAP, the dominant provider of software that helps companies run back-office functions like finance and supply-chain management, recently announced a major push into so-called customer relationship management (CRM). By rolling up functions like sales and marketing, commerce, customer service and consumer data protection tools into its new C/4HANA suite, SAP wants not only to grow with the market but also gain share from its competitors.
Salesforce is launching a new suite of software tools dubbed Health Cloud for Payers to help health insurers engage their members the way the best consumer firms do.
U.S. equities put together a modest rebound on Wednesday, given that no new trade war news emerged. But that didn’t mean there weren’t movers. In that respect, let’s see what top stock trades we were able to sniff out for Thursday.Top Stock Trades for Tomorrow #1: Starbucks (SBUX)
Salesforce.com (NYSE:CRM) has been churning out new high after new high over the past 12 months. Before that, many began to doubt CRM stock due to its lofty valuation despite solid growth. Some still do. However, the cloud-computing wave has begun to accelerate, driving all sorts of names higher.
Analysts cite improvements to the company's core product suite -- cloud services spanning sales, marketing and analytics -- as well as key acquisitions, as factors driving the stock's strong performance. "I certainly believe the acceleration in the company's core sales, service, and marketing clouds coupled with the upside of Mulesoft is probably what's driving the stock," said William Blair analyst Bhavan Suri. Salesforce can't reach its goals alone.
Oracle sees first-quarter adjusted earnings per share to be between 68 cents and 70 cents, below analysts' average estimate of 72 cents. "Oracle's move to change its reporting structure, which masks the performance of its cloud infrastructure and applications segments, overshadowed the Q4 beat," Daniel Morgan Senior Portfolio Manager Synovus Trust Company said. Morgan said all metrics in the fourth quarter were strong, but due to the disclosure change "investors are wondering if Oracle is trying to hide something in its total cloud revenue".
Why the heck is Dropbox Inc (NASDAQ:DBX) soaring so much? DBX stock is up 40% in five trading days and while that type of rally isn’t incomprehensible when there’s a catalyst, there’s seemingly no catalyst here. Chinese stocks are all the rage, so it makes sense why Sogou Inc (NYSE:SOGO), iQiyi, Inc (NASDAQ:IQ) and HUYA Inc – ADR (NYSE:HUYA) are going through the roof.
Acquisitions by Salesforce.com and Workday as well as IPOs by DocuSign, Zscaler, and Smartsheet are driving up valuations of computer software stocks to levels where acquisitions may be harder to pull off.
The cloud software giant plans to “get every homeless family off the streets” in the next five years, and Benioff has long been a proponent of more housing in San Francisco.
"We're currently in the fourth industrial revolution," Taylor said this week at Salesforce Connections, a company conference in Chicago. Salesforce made its bones as a cloud-based customer relationship management provider almost 20 years ago. One of the tools that it's bringing to the marketing cloud fight is AI, in the form of Salesforce's Einstein.
On Thursday, Dropbox's stock soared 14%, and were jumping another 9.5% to a new record high of $39.50 on Friday. Reasons for the surge are anyone's guess, but it's led to a frenzy of M&A chatter around the enterprise software company, which went public on March 23 at $21 per share. Salesforce currently owns about 6.45% of Dropbox according to Factset data, and it bought about 4.9 million shares of the company in the first quarter.
Natalie Massenet, founder of designer apparel store Net-a-Porter, launched a new shop. The focus, she says, will be on “early stage, direct-to-consumer brands at the intersection of retail and technology.” The New York-based firm launched with a $75 million debut fund. “I was lucky enough to have extraordinary angel investors and mentors giving me much-needed funding and advice along my journey and it is a privilege to be able to return the favor,” she said in an Instagram post.
In the June Action Alerts PLUS members' call, Cramer brought in Jeff Marks, AAP Portfolio Senior Analyst, to talk about their addition of Salesforce.com and why they think the company is the best story ...
Attractive stocks have exceptional fundamentals. In the case of salesforcecom inc. (NYSE:CRM), there’s is a company with impressive financial health as well as a excellent future outlook. Below, I’ve touchedRead More...
Wells Fargo's Christopher Harvey makes his three big market predictions. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, David Seaburg, Brian Kelly and Guy Adami.