Brian Millham News Today

Peapack Gladstone Financial Corp trimmed its stake in Salesforce, Inc. (NYSE:CRM – Free Report) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,671 shares of the CRM provider’s stock after selling 1,005 shares during the quarter. Peapack Gladstone Financial […]

Nicholas Company Inc. grew its stake in shares of Salesforce, Inc. (NYSE:CRM – Free Report) by 6.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 267,250 shares of the CRM provider’s stock after acquiring an additional 16,820 shares during the quarter. Salesforce […]

Artificial intelligence (AI) optimism hasn't been enough to offset weak near-term results.

Salesforce (NYSE:CRM – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.340-2.360 for the period, compared to the consensus earnings per share estimate of 2.400. The company issued revenue guidance of $9.2 billion-$9.3 billion, compared to the consensus revenue […]

Scotia Capital Inc. raised its holdings in shares of Salesforce, Inc. (NYSE:CRM – Free Report) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,289 shares of the CRM provider’s stock after buying an additional 1,783 shares during the quarter. […]

Persistent Systems and Infosys have highest employee and revenue exposure towards Salesforce.

CRM earnings call for the period ending March 31, 2024.

Salesforces forecast pointed to clients scaling back spending as the possibility of higher-for-longer interest rates and elevated inflation prompt them to keep costs under control.

Salesforce executives discussed the buying environment, the company's outlook, artificial intelligence opportunities, and possible mergers and acquisitions on the first quarter earnings call Wednesday.

Salesforce has been heavily investing in AI for months and integrating the technology into the workflows of its large suite of products to drive revenue and margins.