Salesforce is a leading cloud-based software company that specializes in customer relationship management (CRM) solutions
It provides a comprehensive suite of applications designed to help businesses manage their sales, marketing, customer service, and analytics more effectively. By leveraging innovative technologies such as artificial intelligence and automation, Salesforce enables organizations to streamline their processes, enhance customer engagement, and drive growth. The company is committed to delivering a robust platform that allows businesses of all sizes to connect with their customers and gain valuable insights from data, ultimately fostering lasting relationships and improving overall business performance.
The US market is yet to commence its session on Tuesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Salesforce Inc. is reportedly slashing 1,000 jobs as its latest fiscal year begins, Bloomberg reported on Monday, citing sources. Simultaneously, the company is hiring 2,000 employees for sales roles to promote its artificial intelligence products, according to CEO Marc Benioff's announcement in December.
Curious about the top performers within the S&P500 index in the middle of the day on Tuesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Let's delve into the developments on the US markets in the middle of the day on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
For the quarter ended on October 31st, Salesforce reported that revenue grew 8% YoY to $9.44 billion, surpassing LSEG’s consensus estimate of $9.34 billion. Net income grew 25% YoY to $1.5 billion. Adjusted earnings of $2.41 per share which came short of LSEG’s estimate of $2.44. Fiscal fourth quarter guidance
