UBS reports a challenging demand environment for enterprise software as Salesforce approaches its fiscal Q1 earnings on May 27. Channel checks with IT executives show constrained IT spending, especially for non-AI software, with mixed feedback on Salesforce's product lines. UBS lowered its price target to $185 from $200, citing cautious sector demand and uncertainty about Salesforce's growth acceleration in the second half of the year. The firm maintains a Neutral rating, noting Salesforce trades at reasonable cash flow multiples but faces subdued investor sentiment and uncertain AI-driven demand uplift.
U.S. stocks fell modestly midday Thursday as Treasury yields rose and crude oil prices climbed above $100 per barrel, driven by renewed geopolitical risks from Iran's hardened stance on uranium exports. Despite Nvidia's strong earnings report with re...
Cint has expanded its collaboration with Salesforce to integrate AI-powered tools within Slack, enhancing customer support and operational efficiency. The new AI suite includes Enterprise Search and a Slackbot that streamline internal communication a...
Jim Cramer highlights a major shift in technology investing, with semiconductor stocks overtaking software as the market leaders due to the AI boom. Companies like Nvidia, AMD, and Intel are driving this change by providing the hardware infrastructur...
Salesforce shares have risen about 7% in the last five days but remain down 5% over the past month and over 30% year-to-date. Ahead of its Q1 earnings report on May 27, the stock has seen selling pressure from major investors like Bridgewater and Sta...
Bank of America reinstated coverage of Zeta Global with a Buy rating and a $24 price target following a strong Q1 2026 report showing 50% revenue growth and positive GAAP net income guidance. The upgrade reflects confidence in Zeta's AI-driven market...
