C3.AI and Salesforce reported their earnings on Wednesday, May 31st. Although these companies beat expectations, they slid in after-hours trading. What could have pushed their stock downward?
Microchip developer Nvidia reported record quarterly sales in several divisions, including their Gaming, Data Center and Professional Visualisation sectors.
Slack’s share price jumped 37.6% during yesterday’s trading following negotiations on a possible acquisition by Salesforce , the American cloud technology company.
This week’s announced shakeup of the Dow Jones Industrial Average may be a sign of a changing economy and changing global demands. Salesforce, Amgen, & Honeywell will take the place of Exxon, Pfizer, & Raytheon.
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