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CRM Jan 2025 165.000 put
- Yahoo Finance Video
Salesforce, Okta earnings, Fed Beige Book: What to watch
Wednesday will be one of the last big days for earnings, with retailers Foot Locker (FL) and Dollar Tree (DLTR) reporting before the market open. After the close, investors will get quarterly reports from Salesforce (CRM) and Okta (OKTA). Okta's report will be heavily scrutinized given a cyber security breach that occurred last month. On the economic front, the Federal Reserve will release its latest Beige Book and in the morning, investors will get the latest read on third quarter GDP. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
Shoppers 'didn't bite' on early holiday sales: Salesforce VP
Cyber Monday sales hit an all-time high, amounting to a record $12.6 Billion in consumer spending, a 3% year-over-year increase. Salesforce (CRM) Vice President and General Manager of Retail Rob Garf credits the “resilient shopper” — who was strategic about sales and didn’t “bite” on early holiday shopping promotions — for this feat. Garf tells Yahoo Finance that as holiday shopping continues, retailers appear to be positive and expect “really good footing” with inventory levels and profit forecasts through the end of the holiday season. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Zacks
Rapid Cloud Adoption to Drive Salesforce's (CRM) Q3 Earnings
Salesforce's (CRM) Q3 revenues and earnings are likely to have benefited from the cloud migration and digital transformation initiatives adopted by enterprises despite ongoing macroeconomic headwinds.
