CNBC's Jim Cramer on Thursday told investors he hopes Wall Street will abandon a larger-than-life view of Nvidia now that the company's long-awaited earnings report is in the rearview mirror. Perhaps investors can now turn their attention to other worthwhile stocks that "have been lost in the Nvidia shuffle," he said.
After Salesforce (CRM) reported better-than-expected results late Wednesday, Bank of America (BofA) Securities analysts raised their price target on the stock, citing record-high margins and the potential of its new artificial intelligence (AI) offering.
Shares of cloud software specialist Salesforce Inc (NYSE:CRM) are 1.3% higher at $262.25 at last glance, pulling back from its open around the $271 mark, after posting better-than-expected earnings and revenue figures for the second quarter.
Nvidia (NVDA) shares are falling after the artificial intelligence (AI) darling's quarterly earnings beat failed to impress investors; Dell Technologies (DELL) shares are dipping ahead of its second-quarter results after the bell; Salesforce (CRM) shares are jumping after its earnings surpassed estimates; business review site Yelp (YELP) is suing Alphabet's (GOOGL) Google; and Big Lots (BIG) sh...
Salesforce shares (CRM) jumped in premarket trading Thursday after the enterprise software company reported better-than-expected second-quarter earnings and boosted its full year profit outlook, as customers increased spending on its suite of cloud products.
Salesforce NYSE: CRM is a leading cloud software and technical sector player. Salesforce's earnings report for the second quarter of fiscal year 2025 (Q2 FY2025) was recently released, and the results topped Salesforce's analyst community's expectations, sending Salesforce stock higher in after-hours trading.
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