Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings

Post date: 2021-02-27 11:21:24
Views: 307
Wall Street investors can be fickle beasts. Take Salesforce as an example. The CRM giant announced a $5.82 billion quarter when it reported earnings yesterday. Revenue was up 20% year over year. The company also reported $21.25 billion in total revenue for the just-closed FY2021, up 24% YoY. If that wasn’t enough, it raised its
Please click Here to read the full story.
 
Other Top and Latest Questions:
Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.
Why institutional investors are returning to retail 'in a very big way'
Bitcoin's high-conviction holders are turning into sellers as the crypto's price hits new lows
Higher mortgage rates don't just keep buyers on the sidelines. Application denials rise too
Eli Manning's private equity firm acquires licensing company for NFL Flag in bet on youth sports
Barclays traders say it's time to buy protection for a tech-led S&P 500 pullback
Interesting Quiet/Lesser Known Places To Go In Europe
Micron, Marvell, and Broadcom sink, leading chip stocks lower
Investors can 'buy' SpaceX early with Coinbase perpetual futures on pre-IPOs
SpaceX IPO hype has traders flocking to this mid-cap stock