Shares of Salesforce Inc. popped 6% in premarket trading Tuesday after CNBC reported that activist investor Starboard Value LP had taken a “significant” stake in the software company. The report Read more
Tag: Enterprise Management Software
AMC stock sinks to pre-‘meme stock’ levels as B. Riley slashes price target by 32%
Shares of AMC Entertainment Holdings Inc. extended their selloff toward a 17-month low on Wednesday, after B. Riley analyst Eric Wold slashed his price target on the belief the post-pandemic Read more
Opinion: Downtown San Francisco became the epicenter of Silicon Valley’s boom, but now it must be reinvented
After a 21st-century gold rush created by big tech, downtown San Francisco is going to have to reinvent itself. Again. The city of undulating streets, panoramic views, and booms and Read more
At Dreamforce, Al Gore highlights progress on EVs, energy, but calls next years ‘crucial’
““Political will is itself a renewable resource. Let’s renew it.”” — Al Gore Former Vice President Al Gore had good news and bad news for a packed theater at a Read more
Larry Summers predicted inflation, but now he’s looking on the bright side
““I would give you one very simple economic truth: Would you rather live in a country that capitalists are rushing to go into, or would you rather live in a Read more
Bitcoin could go back above $65k in the next four years, says Michael Saylor
Michael Saylor, chairman and co-founder of MicroStrategy Inc. MSTR, -0.51%, said bitcoin could go back to $68,990, its peak reached in November “sometime in the next four years,” and could Read more
Tencent looks to sell off more investments to pay for stock repurchases, future growth
Tencent Holdings Ltd. is looking into shedding more of its huge investment portfolio as the Chinese social-media and videogame company tries to fund a series of share buybacks and refocus Read more
Why an analyst says sell these four big software stocks
Salesforce Inc.’s stock gets a lot of love on Wall Street, with 43 of the 49 covering analysts tracked by FactSet rating the shares the equivalent of buy. But Guggenheim Read more
Palantir stock slide continues as earnings create ‘diminished confidence’
Shares of Palantir Technologies Inc. were extending their slide in Tuesday trading as analysts weighed in on the software company’s weaker-than-expected forecast. Palantir PLTR, -6.77% executives acknowledged in a Monday Read more
Palantir stock skids as exec says downbeat forecast is ‘all the more disappointing’ given opportunities ahead
Executives at Palantir Technologies Inc. offered a lower-than-expected revenue forecast Monday as they predicted that the timing of some large government contracts will be pushed out. Palantir PLTR, -13.41% executives Read more