CRM - salesforce.com, inc.

NYSE - NYSE Delayed price. Currency in USD
162.77
-0.44 (-0.27%)
At close: 4:01PM EST

163.60 +0.83 (0.51%)
Pre-market: 8:22AM EST

Stock chart is not supported by your current browser
Previous close163.21
Open164.00
Bid163.38 x 800
Ask164.09 x 800
Day's range161.89 - 164.00
52-week range113.60 - 167.56
Volume5,382,590
Avg. volume5,156,549
Market cap142.749B
Beta (3Y monthly)N/A
PE ratio (TTM)135.19
EPS (TTM)N/A
Earnings date3 Dec 2019
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est188.31
  • Salesforce to use Amazon AI technology to improve call center services
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    Salesforce to use Amazon AI technology to improve call center services

    Salesforce makes software systems that businesses use to house customer information, like which products or services a customer has purchased and how long they have been a customer. Agents use the information to solve customer issues.

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  • Bloomberg

    Microsoft and Salesforce Strike Partnership, Helping Thaw Chilly Relations

    (Bloomberg) -- Microsoft Corp. and Salesforce.com Inc. are connecting more of their software and Salesforce will use Microsoft’s Azure cloud for part of its business, a thaw in a relationship that grew chilly several years ago when both companies pursued the same acquisition. The agreement, to connect some of Salesforce’s software with Microsoft’s Teams corporate chat and use Azure for Salesforce’s Marketing Cloud, expands an existing strategic relationship forged in the early days of Microsoft Chief Executive Officer Satya Nadella’s tenure. But the relationship grew strained in 2016 after Microsoft beat Salesforce to acquire LinkedIn and Salesforce complained to European regulators about the deal. The two companies have not announced any partnerships since. Microsoft and Salesforce compete for customers who want cloud-based software programs for customer management. Nadella, who once ran that business for Microsoft, has invested more effort into bolstering his company’s products in that area. The LinkedIn purchase was a key part of that plan, and Salesforce co-CEO Marc Benioff was said to have been angered at Microsoft’s actions. Still the two companies, among the biggest makers of cloud-based corporate applications, have many areas in which they can cooperate and Microsoft wants to lure large technology company customers to Azure, which trails cloud-computing market leader Amazon.com Inc. As part of the deal, Salesforce will connect its Sales Cloud and Service Cloud with Microsoft’s Teams, the companies said Thursday in a statement. Teams is trying to gain customers from rival Slack Technologies Inc. Salesforce had previously run Marketing Cloud on its internal systems, but uses other cloud providers for different parts of its business. The San Francisco-based company has leveraged infrastructure cloud deals as a way to sweeten partnerships. In 2017, as part of a tie-up with Alphabet Inc. to connect Google Analytics to Salesforce programs, Salesforce said it would host some of its core services on Google Cloud Platform as it expands globally—calling Google a “preferred public cloud provider.” The following year, Salesforce dubbed International Business Machines Corp. a "preferred cloud services provider" as part of an alliance to use IBM’s artificial intelligence with Salesforce software. It also does business with Amazon Web Services.Microsoft and Salesforce's deepening partnership in some areas comes amid greater competition between the companies elsewhere. Salesforce said in June it would pay more than $15 billion to buy Tableau Software Inc., a maker of analytics programs. Tableau and Microsoft compete in the market for business intelligence software. To contact the authors of this story: Dina Bass in Seattle at dbass2@bloomberg.netNico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editor responsible for this story: Andrew Pollack at apollack1@bloomberg.net, Alistair BarrJillian WardFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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  • Salesforce.com (CRM) Gains As Market Dips: What You Should Know
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    In the latest trading session, Salesforce.com (CRM) closed at $161.82, marking a +0.44% move from the previous day.

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  • Interested In salesforce.com, inc. (NYSE:CRM)? Here's How It Performed Recently
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  • At This Price, The U.K.'s Telegraph Is More Than a Vanity Play
    Bloomberg

    At This Price, The U.K.'s Telegraph Is More Than a Vanity Play

    (Bloomberg Opinion) -- If the owners of Britain’s Daily Telegraph are serious about wanting to sell the publication for a price similar to what they paid for it 15 years ago then they’ll need to make a very convincing argument that it’s a perfect megaphone to influence British politics, especially at this crucial time in the country’s history. No serious media investor is going to front that sort of cash.Gambling that a deep-pocketed billionaire somewhere wants to exert outsized influence on the negotiations to exit the European Union looks like the best hope for the Barclay brothers to recoup the purchase price of 665 million pounds ($854 million), as the Financial Times has reported is their goal.The Barclays bought the newspaper when the market was in much better shape. In the middle of the last decade, Britain's 10 daily national newspapers sold a cumulative 11.2 million copies and attracted about a quarter of advertising spending, according to Department for Media, Culture and Sport figures from 2007. By 2017, circulation had fallen to 6.1 million copies, and just 6% of advertising went to the print editions of newspapers, as Google and Facebook Inc. gobbled up ad dollars and readership shifted online.It’s hard to see how a strategic buyer such as Daily Mail and General Trust Plc, which has said it’s on the prowl, could justify paying such an exorbitant fee for a business in structural decline. There are good reasons why bringing the Daily Mail and Telegraph under one roof might make sense – both are right-of-center and some operational costs could be shared. But Paul Zwillenberg, the chief executive officer of the Daily Mail and General Trust,  has been adamant that he won’t overpay for media assets.Even with adjustments for one-time items, operating profit at the Telegraph Media Group Ltd., parent of both the daily newspaper and its Sunday stablemate, fell to 7.8 million pounds last year. Back in 2004, the year in which David and Frederick Barclay bought it, the company enjoyed 32 million pounds of operating profit.Daily Mail and General Trust commands an enterprise value that's just over 12 times last year's operating profit. Taking that as the yardstick, the Telegraph would be valued at less than 100 million pounds based on last year's performance. That rather generously ignores the fact that DMGT these days generates less than half of profit from its media business.How might the Telegraph be worth the reported 665 million pounds sought? That would need high confidence that its turnaround, initiated by CEO Nick Hugh, is set to accelerate rapidly — that the low numbers of 2018 reflect increased spending that will boost growth. Or a buyer might eye the scope to cut a lot of duplicate costs. If the Daily Mail and the Telegraph were to join forces, the cost base from their combined media operations would be some 850 million pounds.Cutting that outlay by 7% would add 60 million pounds to operating profit and more easily justify the Barclays' target price, but doing so could prove challenging given the extent to which costs have already been pared at both companies. More realistically, were the Telegraph's profit to return to 2017 levels, a valuation nearing 200 million pounds would seem more appropriate.So the only way for the owners to achieve their asking price would likely be to find a billionaire who’s looking for much more than the typical vanity purchase, and is truly keen to sway how discussions to leave the EU evolve. Even if Britain’s initial deal to leave the trading bloc passes parliament by the end of January, there could be a transition period of negotiations stretching to the end of 2022.Despite their declining readership, the Daily Telegraph and Sunday Telegraph remain hugely influential on the right of British politics. Before becoming prime minister, Boris Johnson himself was a weekly columnist for the daily newspaper.In the U.S., a handful of storied publications have been snapped up by billionaire benefactors: Salesforce.com Inc. founder Marc Benioff and his wife Lynne bought Time magazine for $190 million last year; Amazon.com Inc. billionaire Jeff Bezos snapped up The Washington Post for $250 million in 2013; and Laurene Powell Jobs, the widow of Apple Inc. co-founder Steve, secured control of the Atlantic magazine last year. In each case, however, the valuation was far more realistic given the evolution of the news industry.At any rate, there are probably cheaper ways to influence the debate in the U.K. And it’s hard to see how a buyer pursuing a single-issue agenda would be good for quality journalism.If the Barclay brothers do indeed need to sell the newspaper to fund other businesses, as the Financial Times’s report on Sunday suggested, then they will need to be realistic about the asking price.To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

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    Crowdstrike remains a business on fire, even if some on Wall Street are voicing views to the contrary.

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