My Top 10 Things to Watch Thursday, December 8, 2022 1. U.S. stock futures point to a higher open after the S&P 500 fell five straight sessions, including strong back-to-back declines on Monday and Tuesday. Fear that interest rate hikes by the Federal Reserve could tip the economy into recession has dogged Wall Street lately. …
A shopper loads a car with bottled water at a Costco wholesaler in Chingford, Britain on March 15, 2020. John Sibley | Reuters Find out which companies are making headlines in the midday business. Selling power – Shares of the cloud-based software company fell more than 9% after the company announced the sudden departure of …
The stocks that move the most at noon: Salesforce, Five Below, Okta, Costco and more Read More »
The stock market fell on Thursday after a colder-than-expected inflation report underscored the need for continued aggressive Fed tightening. Selling power (CRM) plunged more than 10% after announcing a management reshuffle. X The Nasdaq composite fell 0.3% while the S&P 500 lost 0.2%. The Dow Jones Industrial Average fell 0.9%. The small cap Russell 2000 …
Stock market slips after colder-than-expected inflation, Salesforce shakes Read More »
My top 10 things to watch Thursday, December 1, 2022 1. The new seasonal bull month starts higher after Wall Street closed a strong November with a powerful rally led by the Federal Reserve on Wednesday. Fed Chairman Jerome Powell said smaller future interest rate hikes are likely after four straight increases of 75 basis …
Seaport Securities Founder Teddy Weisberg and Former Federal Reserve Governor Larry Meyer React to Fed Chairman Jerome Powell Signaling Smaller Rate Hikes May Begin in December on ‘The Claman Countdown’ . Here are the key events taking place on Thursday this could have an impact on trade. FIVE WINNINGS BELOW: Shares rose 8% in extended …
Bret Taylor, co-CEO of Salesforce.com Inc., right, and Marc Benioff, co-CEO of Salesforce.com Inc., wear bunny ears while speaking at the Dreamforce 2022 conference in San Francisco , Calif. on Tuesday, September 20, 2022. Marlena Sloss | Bloomberg | Getty Images Selling power said Wednesday that Bret Taylor will step down as co-CEO on Jan. …
Bret Taylor steps down as co-CEO of Salesforce, leaving Marc Benioff alone at the helm Read More »
Salesforce Inc (NYSE:CRM) had a tough three months with a 19% drop in its share price. However, the company’s fundamentals look pretty decent and long-term financials are generally in line with future market price movements. In this article, we decided to focus on Salesforce ROE. Return on equity or ROE is a key metric used …
