CRM - salesforce.com, inc.
| Previous close | 183.98 |
| Open | 185.00 |
| Bid | 182.00 x 800 |
| Ask | 182.00 x 3000 |
| Day's range | 181.13 - 186.13 |
| 52-week range | 137.87 - 186.44 |
| Volume | 4,518,176 |
| Avg. volume | 5,088,217 |
| Market cap | 161.532B |
| Beta (5Y monthly) | 1.22 |
| PE ratio (TTM) | 203.25 |
| EPS (TTM) | 0.90 |
| Earnings date | 01 Mar 2020 - 05 Mar 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 197.97 |
- Bloomberg
Salesforce Encouraged Employees to Expense Co-CEO Marc Benioff’s Book
(Bloomberg) -- Marc Benioff’s latest book, about the need for a gentler capitalism, became a national bestseller. The company he co-founded, Salesforce.com Inc., helped boost sales by encouraging employees to buy and expense the book published last October.The software maker sent a memo to its 48,000-member workforce last fall offering reimbursement if they purchased Benioff’s latest book, “Trailblazer,” the company said. Salesforce said it considers the book to be “business material.”“Our employees were invited to expense a copy and spread the word,” a Salesforce spokeswoman said in a statement. “‘Trailblazer’ was inspired by our employees, so of course we wanted to get it in their hands, as well as our customers’, partners’ and anyone else wanting to learn how business is the greatest platform for change.”“Trailblazer: The Power of Business as the Greatest Platform for Change” is the fourth book co-written by Benioff. On its website, Salesforce touted it as an “instant” New York Times bestseller. It was No. 1 on the Wall Street Journal’s bestseller list. The billionaire’s books have served to bolster his reputation in the technology industry, especially, “Behind the Cloud,” about building his business applications company.While the exact calculations behind the bestseller lists are shrouded in secrecy, the consensus in the publishing industry, according to the news website Vox, is it takes at least 5,000 books sold in a week to make the New York Times’ list.Proceeds from “Trailblazer” sales were donated to charity, the company said.“Trailblazer” tracks Benioff’s public journey deeper into social and political causes in recent years, including how to leverage his influence as a tech leader on issues he cares about including education and homelessness. In the book, Benioff declares that capitalism is “dead” and must be replaced by a system guided around more than just the interests of shareholders. He also called for higher taxes on the wealthy and more regulation on the tech industry.To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
The Zacks Analyst Blog Highlights: Alphabet, salesforce.com, L3Harris, McKesson and Synopsys
The Zacks Analyst Blog Highlights: Alphabet, salesforce.com, L3Harris, McKesson and Synopsys
- Zacks
Salesforce.com (CRM) Outpaces Stock Market Gains: What You Should Know
Salesforce.com (CRM) closed at $183.98 in the latest trading session, marking a +0.67% move from the prior day.
- Zacks
The Zacks Analyst Blog Highlights: Pfizer, Wells Fargo, SAP, salesforce.com and Eli Lilly
The Zacks Analyst Blog Highlights: Pfizer, Wells Fargo, SAP, salesforce.com and Eli Lilly
- Zacks
Buy 6 Top-Ranked Surging S&P 500 Stocks to Gain More in 2020
Several large-cap stocks within the index have already popped more than 10% year to date and still have strong upside left.
- Zacks
Top Stock Analyst Reports for Pfizer, Wells Fargo & SAP
Top Stock Analyst Reports for Pfizer, Wells Fargo & SAP
- Yahoo Finance
There are three pillars of digital transformation: Salesforce Co-CEO
As companies look to adapt and adopt in the fast-paced world of technology, Salesforce.com Co-CEO Keith Block noted that there are three key pillars of digital transformation.
- Yahoo Finance UK
Billionaire Salesforce founder: 'Capitalism as we know it is dead'
'This obsession that we have with maximising profits for shareholders alone has led to incredible inequality and a planetary emergency,' Marc Benioff said.
- Yahoo Finance
Presidential elections are like 'the World's Cup of cybersecurity attacks': Cloudflare CEO
Cloudflare CEO Matthew Prince joins Yahoo Finance live from the 2020 World Economic Forum in Davos.
- Yahoo Finance
Two powerful tech CEOs send a message to fans of shareholder capitalism
Yahoo Finance chats with PayPal CEO and Salesforce co-CEO Keith Block about shareholder capitalism on the sidelines of the 2020 World Economic Forum.
- Yahoo Finance
This key economic driver may be back in growth mode in 2020
Yahoo Finance chats with Howard Elias, Dell Technologies president of services and digital, and Annette Clayton, Schneider Electric North America CEO, at the 2020 World Economic Forum in Davos about the outlook for economic growth.
- Zacks
4 Stocks to Gain as Artificial Intelligence Simplifies Life
The global AI market is projected to witness a compound annual growth rate of 57% between 2017 and 2025.
- Yahoo Finance
How Starbucks CEO plans to tackle climate change
'Today, more than ever, the world needs leadership in environmental sustainability," Kevin Johnson wrote in a letter.
- Yahoo Finance UK
Ericsson CEO: 5G will 'fundamentally change' manufacturing
Börje Ekholm said just 100 staff can manufacture all the equipment needed for the North American market thanks to advances in connectivity.
- Zacks
S&P 500 Up 1000 Points in a Month: 10 Stocks Boosted the ETF
The S&P 500 touched the 3,300 mark on Jan 16, having added 1000 points in less than a month. Which stocks led to the ETF rally.
- Bloomberg
Software Upstarts Hit Salesforce, Oracle on Tech and Sales Practices
(Bloomberg) -- When Salesforce.com Inc. emerged two decades ago, it lashed out at the software establishment: large companies that allegedly locked clients into dated products. Now, a coalition of newer rivals have extended that criticism to the cloud applications pioneer. Ten software upstarts kicked off a public campaign Thursday that knocks customer relationship management, or CRM, titans, including Salesforce, Oracle Corp. and SAP SE, by saying the large companies keep clients trapped in subpar software suites, potentially shutting out smaller rivals with newer technology.The “Platform of Independents” leading the effort include Segment Inc., Amplitude Inc., Outreach Inc., Pendo.io Inc. and Drift.com Inc. Some of the companies are privately held unicorns, with valuations exceeding $1 billion. Each caters to a different software niche. The campaign began with a two-page ad in Thursday’s print edition of the Wall Street Journal and includes a web page and information sessions for prospective clients. More than 190 companies co-signed the main tenet of the campaign, that CRM software “isn’t enough” to provide good customer experiences to consumers.“We, as independent software companies, have built our products with the belief that a business should never be locked into a suite, never forced to have a one-size-fits-all technology approach, and its data should never be siloed,” the companies said in a statement. “It’s time to break free of the data monopoly.”The smaller companies argue the large software makers focus more on selling bundled packages of products than serving their clients’ needs with continuous innovation. Large technology companies have come under increasing antitrust scrutiny for their business practices, including how they wield power to maintain advantages over smaller firms. Beyond panning the quality of the bigger players’ technology, the chief executive officers of the startups said their larger rivals use acquisitions to bolster their market power.“If any of these guys becomes too big, that’s a threat to all of us in this ecosystem,” said Spenser Skates, CEO of Amplitude, which helps clients understand user behavior to improve product experiences. “Salesforce bought MuleSoft, Cisco bought AppDynamics. This is continuing to happen. It’s definitely a concern.”Representatives for Salesforce, Oracle, SAP, and Microsoft didn’t immediately respond to a request for comment. Salesforce has been well served by its strategy in the CRM market. The company’s shares climbed about 19% last year. Oracle’s stock rose about 17%. Salesforce led the market for customer-management applications with 16.8% as of 2018, the last full year for which data is available, according to research firm IDC. Oracle was next with 5.7% while SAP came in third with 5.6%. Adobe Inc. and Microsoft Corp. rounded out the top five.Salesforce, founded in 1999, is the youngest company in the group. The others have been around for about four decades.“I think there’s something significantly broken that there’s been no big CRM company built in the last 10, 15, or 20 years,” Peter Reinhardt, the CEO of Segment, which helps companies compile their data about consumers, said in an interview.Reinhardt, who spearheaded this campaign, said he isn’t interested in being acquired. Rather, he wants to work more closely with his Platform of Independents peers to jointly sell packages of software solutions to clients, as a way to counter the selling advantages and software product bundles of larger companies. And Reinhardt is optimistic that a shakeup is possible in enterprise technology.“I think we have a temporarily dominant set of companies,” he said. “But I think there’s a huge opportunity for another rewrite of the CRM world.”(Updates with 2019 share performance in the eighth paragraph.)To contact the author of this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editor responsible for this story: Andrew Pollack at apollack1@bloomberg.net, Mark MilianFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance
Microsoft CEO Satya Nadella: 'I really would love for the 2020s to be defined differently'
Yahoo Finance speaks at length about the future of retail and the cloud business in an exclusive interview with Microsoft CEO Satya Nadella.
- Zacks
IBM Plans to Boost Digitalization Solutions for Retailers
IBM is developing solutions to help retail clients accelerate their digital transformation initiatives.
- Yahoo Finance
Microsoft CEO Satya Nadella: Winning the JEDI cloud contract should cause a 'halo effect'
Yahoo Finance speaks with Microsoft CEO Satya Nadella about the company's big JEDI contract win from the U.S. government.
- Yahoo Finance
Microsoft CEO Satya Nadella: Here's what will define the future of retail
Retailers best do a better job of embracing technology in the next decade than they did in the past 10 years. Yahoo Finance speaks with Microsoft CEO Satya Nadella about the future of retail.
- TechCrunch
Salesforce announces new tools to boost developer experience on Commerce Cloud
Salesforce announced some new developer tools today, designed to make it easier for programmers to build applications on top of Commerce Cloud in what is known in industry parlance as a "headless" system. To help with this goal, Salesforce announced some new and enhanced APIs that enable developers to take advantage of features built into the Commerce Cloud platform without having to build them from scratch. For instance, they could take advantage of Einstein, Salesforce's artificial intelligence platform, to add elements like next-best actions to the site, the kind of intelligent functionality that would typically be out of reach of most developers.
- Zacks
Microsoft Ups the Game in Retail Services With New Offerings
Microsoft (MSFT) is well poised to gain from digitization of retail services on the back of latest cloud-based retail services and product enhancements.
- Yahoo Finance
Microsoft's surging cloud business Azure should terrify Amazon: analyst
A top ranked tech analyst says Microsoft is gobbling up market share in the cloud industry.
