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SALESFORCE BUYBACK
Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...- Wipro bags Alpha Net client contracts in $71-million dealThe acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal als...
- US Stock Market | Tech Turnaround: Software shares recover after deep selloffAfter a deep AI-driven selloff, US software stocks are showing signs of recovery. The S&P 500 Software Index posted its strongest weekly ga...
- Salesforce eyes $25 billion debt sale to fund buyback: ReportCloud software provider Salesforce is preparing to raise as much as $25 billion in a debt offering to help fund a major share buyback, Bloo...
- US Stocks | Buyback plans aren't enough to soothe investors after software-sector routU.S. software firms are boosting stock buybacks amid a significant market downturn, but experts doubt this will halt the selling. Investors...
- US stock market today: Nvidia drags US stock market lower; Nasdaq plummets nearly 2%Nvidia's latest profit report failed to impress Wall Street, causing the S&P 500 to fall. Despite stellar earnings and a strong forecast, i...
- CRM Stock falls as Salesforce gives weak 2027 forecast despite strong earningsCRM stock fell after Salesforce gave a weak future revenue forecast. Investors are worried about slow business software demand and heavy AI...
- Salesforce to invest $15 billion in San Francisco over five yearsSalesforce announced a $15 billion investment in San Francisco over the next five years to boost AI innovation, workforce development, and ...
- Salesforce to spend $1 billion in Mexico over next five years to drive AI adoptionThe company, which began operating in Mexico in 2006, said the investment will fund a new Mexico City office and a Global Delivery Center t...
- Salesforce shares drop as weak revenue view signals delayed AI returnsRising investor bets on AI-driven cloud companies are pressuring them to deliver hefty returns on their billion-dollar investments into the...
- Salesforce's weak quarterly revenue forecast signals lagging AI monetizationThe cloud software provider also announced a $20 billion increase to its existing share buyback program, but that was unable to allay inves...
- Anthropic to buy back employee shares at $61.5 billion valuation: The InformationAnthropic is preparing to carry out its first employee share buyback, valuing the firm at $61.5 billion. The initiative also reflects a bro...
- Salesforce to acquire AI voice agent firm Tenyx, joining AI talent raceSalesforce has announced its acquisition of Tenyx, a startup specializing in AI-powered voice agents. The deal, expected to close in the th...
- Salesforce abandons pursuit of InformaticaSalesforce ends Informatica acquisition talks over terms disagreement. Deal could've been significant. Informatica's stock price at $35.19....
- Salesforce is in advanced talks to buy Informatica: reportAccording to the Wall Street Journal, the price of the deal being discussed is below Informatica's current stock price of $38.48, which is ...
- Adobe shares plunge 12% as downbeat forecast fans concerns about competition, AI effortsThe company expects about $440 million in net new annual recurring revenue for the digital media segment, which houses its cloud products f...
- Salesforce sees annual revenue below estimates on weak cloud demandSalesforce expands buyback program and introduces dividend, but lower revenue forecast and layoffs signal a slowdown. Cloud firms, includin...
- Salesforce's strong stock price wooed some investors during third quarterSachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped it...
- Salesforce signals strong position with buyback plan boost, upbeat forecastSalesforce Inc on Wednesday forecast first-quarter revenue above analysts' estimates and doubled its share repurchase to $20 billion, indic...
- Salesforce shares fall as revenue forecast misses analysts’ estimatesSales will be as much as $7.83 billion in the period ending in October, the San Francisco-based company said Wednesday in a statement. Anal...
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