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Salesforce full-year profit forecast disappoints, shares drop

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Home Depot, GameStop, Johnson & Johnson: Stocks That Defined the Week

Provided by Dow Jones By Francesca Fontana Home Depot Inc. Two giant retailers said the pandemic is not ready to release its grip on their industry yet. A surge in demand for home improvements helped Home Depot s revenue increase 20% in its latest fiscal year, while annual sales at Macy s tumbled nearly 30%. Both sold more online. The retailers said these trends continue in 2021 but could change later this year as vaccines roll out. Home Depot shares fell 3.1% Tuesday, while Macy s shares added 3.9%. Salesforce.com Inc. Salesforce.com set its sights higher for 2021, but investors may need convincing. The business-software provider posted record sales and lifted its outlook for the current year on Thursday, as the company expands its services in a bid to challenge rivals such as Microsoft Corp. The company in December struck its biggest-ever acquisition, the $27.7 billion proposed acquisition of workplace message company Slack Technolog

Salesforce beats forecast on 20% revenue growth, but lower guidance hits its stock

D A Davidson

Hype and hope surrounding the emerging 5G market should spur a new round of iPhone growth for Apple Inc. (NASDAQ: AAPL), D.A. Davidson said Monday. The Analyst Tom Forte raised the target price from $300 to $375 and reiterated a Buy rating on Apple s stock. The Thesis Apple can exploit a multi-. Read More.

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