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The Latest Breaking News from Salesforce

3 Stocks to Buy Now if You Think a Bull Market Is on Its Way

The early-year market rally witnessed a reversal, with inpouring macro data, the Fed’s hawkish comments, and recessionary fears. However, on the flip side, a bull market can still materialize with economic growth remaining strong. Therefore, we think quality stocks UnitedHealth Group (UNH), Johnson & Johnson (JNJ), and Salesforce (CRM) might…

StockNews.com

Anger as Salesforce ‘paying Matthew McConaughey $10m a year for creative advice’ as it lays off hundreds

McConaughey is reportedly a friend of Salesforce founder and co-CEO Marc Benioff

The Independent UK

Tech giant Salesforce is caught in a war with employees that sums up the pandemic workplace

It’s not the first time Marc Benioff has suggested remote work was bad for productivity.

Fortune

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5 Best Stocks Long-Term Investors Can Buy Right Now

Amid concerns that sticky inflation might lead to more rate hikes, the stock market is expected to remain volatile in the near term. So, investors should focus on their long-term strategy and scoop up quality stocks McDonald's (MCD), Verizon (VZ), Salesforce (CRM), Humana (HUM), and STMicroelectronics (STM), which look poised…

StockNews.com

Don't post this on your LinkedIn if you've been laid off, it's a red flag for potential employers

Losing your job can understandably be very emotional. But once you put it all out there online, it's hard to take it back.

Fortune

Software Stocks for 2023: 1 to Buy and 2 to Avoid

Innovation in the software industry will likely continue bringing waves of investments. However, global economic instability is expected to compound near-term challenges for the software industry. While we think Salesforce (CRM) might be worth buying, fundamentally weak software stocks Robinhood Markets (HOOD) and Matterport (MTTR) could be best avoided. Keep…

StockNews.com

Who will be AI's first billionaire?

Great advances in technology often result in vast increases of wealth. So as the AI boom continues, one obvious question is who will profit -- and by how much. My view, which may be deflationary for entrepreneurs but good for consumers, is this: Relative to how much artificial intelligence changes…

Bangkok Post

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3 Standout Stocks With Major Growth Potential in 2023

The Fed’s downshift on tightening in response to the continued decline in inflation and growing odds of the economy achieving a soft landing could help growth stocks rebound strongly this year. Amid improving investor sentiment, it could be wise to invest in fundamentally sound stocks Salesforce (CRM), ADT Inc. (ADT),…

StockNews.com

Salesforce braces for investor pressures

After years of fast growth and costly acquisitions, Salesforce is facing post-pandemic realities that have taken a toll on Big Tech sales and profits.

Tribune News Service

3 Software Stocks to Buy Hand Over Fist in 2023

The software industry has been under pressure due to macroeconomic challenges. However, the industry is expected to witness solid growth over the long term due to robust demand for its products and services. Therefore, it could be wise to own fundamentally sound software stocks Salesforce (CRM), Commvault Systems (CVLT), and…

StockNews.com

Salesforce CEO Marc Benioff says his rambling 2-hour all-hands meeting about layoffs was a bad idea

In January, Salesforce said it would lay off 10% of its employees. A call after the news broke didn't bode well with employees, and now, CEO Marc Benioff admits it was a bad idea.

Fortune

Job cuts widen as tech, biotech firms plan fresh rounds of layoffs

Tech and biotech companies have begun to reveal plans for multiple rounds of job cuts in the Bay Area, disquieting disclosures that suggest the current layoff surges will be ongoing.

Tribune News Service

Slack is leaving its SF HQ and moving into Salesforce Tower

Slack employees leave 500 Howard Street and move into Salesforce Tower at the end of February.

Fortune

1 Tech Stock You'll Wish You Bought Sooner

Leading cloud-based software company Salesforce (CRM) delivered double-digit top-line growth in its last reported quarter. Moreover, the company raised its guidance for fiscal 2023. CRM is well-positioned to achieve solid growth owing to product innovations and multi-cloud expansions. Therefore, this tech stock is an ideal buy now. Read on….

StockNews.com

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Fortune

Gold rush fever over ChatGPT hits Bret Taylor as the former Salesforce crown prince set to found his 3rd startup

Instead of inheriting the throne from Marc Benioff, Taylor seizes on the A.I. trend, his latest bandwagon after previously selling his two previous companies to Facebook and Salesforce.

Dublin Live

Microsoft to lay off 120 Irish staff as part of global job cuts

Microsoft had previously announced it was going to cut a whopping 11,000 of its 221,000 full-time jobs across the world

Fortune

Elon Musk’s cost cutting at Twitter reaches the next level after layoffs and stiffing landlords. Now he wants to dump pricey software used by his employees

Twitter’s cost cutting may include jettisoning Salesforce software, which employees use as part of their jobs.

StockNews.com

3 Great Stocks to Buy More of Today

While the Fed’s interest rate increases have shown some success in easing inflation, the stronger-than-expected jobs report suggests that the Fed has more work to do. Continued interest rate hikes will likely push the economy into a recession. Amid an uncertain economic backdrop, it could be wise to buy shares…

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Fortune

Remote work is changing the way new apartments are designed

“Three years ago, we would’ve never thought about what the background looks like on a Zoom call. Those are things we’re thinking about."

Tribune News Service

New waves of tech layoffs will eliminate more than 1,000 Bay Area jobs

FREMONT — Five tech companies, including software and hardware firms, have revealed plans to slash well over 1,000 Bay Area jobs, marking a fresh wave of cutbacks, new state government filings show.

Fortune

Trouble in Marc Benioff's cloud paradise

Salesforce's Ohana motto likens the company to a family. But recent layoffs have caused tensions in the family.

StockNews.com

Oracle, Salesforce and 1 Other Software Stock to Buy in 2023

The software industry encountered various macroeconomic challenges last year. However, the industry's prospects remain strong, owing to increased IT spending and growing cloud services adoption. Hence, it could be wise to invest in fundamentally sound software stocks Oracle (ORCL), Salesforce (CRM), and Progress Software (PRGS) this year. Continue reading….

Fortune

1,900 employees disappear from Salesforce’s all-employee Slack channel as layoffs leave those still with jobs confused and upset

One laid-off worker had just received a surfboard from the company as congratulations for five years of service.

Tribune News Service

PayPal chops hundreds of Bay Area jobs in fresh jolt to tech sector

SAN JOSE, California — PayPal has revealed plans for a fresh round of job cuts in San Jose, a staffing reduction that serves as a disquieting sign that the Bay Area’s tech layoffs have yet to run their course.

Dublin Live

Salesforce to lay off 200 employees from Dublin office

The tech giant announced last month that it was slashing 10% of its jobs i.e. around 8,000 of its workforce globally in another major blow to the tech industry

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