The Latest Breaking News from CRM

Despite a slowdown in the Fed’s rate hike aggression, recession probabilities are still widespread. However, given the robust demand for tech products and services, the prospects of the industry look bright. Therefore, investors could buy quality tech stock Salesforce (CRM), regardless of a recession. However, fundamentally weak BlackBerry (BB) might…

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While the Fed’s interest rate increases have shown some success in easing inflation, the stronger-than-expected jobs report suggests that the Fed has more work to do. Continued interest rate hikes will likely push the economy into a recession. Amid an uncertain economic backdrop, it could be wise to buy shares…

The software industry encountered various macroeconomic challenges last year. However, the industry's prospects remain strong, owing to increased IT spending and growing cloud services adoption. Hence, it could be wise to invest in fundamentally sound software stocks Oracle (ORCL), Salesforce (CRM), and Progress Software (PRGS) this year. Continue reading….

The gradual decline in inflation and decelerating wage growth might prompt the Fed to slow the pace of rate hikes this year, which might help growth stocks to stage a recovery. So, fundamentally strong growth stocks Salesforce (CRM), HF Sinclair (DINO), and Box (BOX), which look poised to soar in…

Salesforce (CRM) reported higher-than-expected EPS and revenue in the fiscal third quarter. Moreover, the company has guided for a strong end to fiscal 2023. However, with competition rising in various parts of its business and economic conditions remaining uncertain, will it be wise to buy the stock now? Read on…

While 2022 had been a painful year for tech stocks amid the Fed’s consecutive rate hikes, the tech sector’s long-term prospects look bright. The industry is expected to witness steady growth in the coming years amid robust demand. Therefore, investors should consider adding quality software stocks Microsoft (MSFT) and Salesforce…

Software pioneer Salesforce (CRM) reported robust top-line growth in the last reported quarter, surpassing the consensus estimates. The stock has gained more than 10% over the past month. Also, Wall Street analysts see a more than 25% upside potential in the stock. Moreover, the software industry is expected to witness…

CRM is laying off people and closing its offices, but it's still far ahead of its competitors in many ways.