Famed investor Jim Cramer continues to see significant further upside in Snowflake Inc (NYSE: SNOW) as it has “all we really want out of a company.” Snowflake stock is up 10% on Thursday after the cloud company reported better-than-expected financial results for its fourth quarter.
Salesforce (CRM -2.00%) stock is losing a bit of ground today following the company's recent fourth-quarter report. The software specialist's share price was down 1% as of 1:15 p.m.
Salesforce Inc CRM shares tanked in early trading on Thursday, after the company reported its fourth-quarter results.
Salesforce (CRM) shares came under pressure in after-hours trading as first quarter revenue guidance missed analyst expectations. The company reported mixed results for the fourth quarter.
CNBC's Seema Mody reports on news regarding Salesforce and Snowflake's quarterly earnings results.
Salesforce (NYSE: CRM) saw its stock decline by nearly 5% in pre-market trading on February 27 after the cloud software giant reported weaker-than-expected quarterly revenue and issued a subdued forecast for fiscal 2026.
CRM's Q4 results reflect the benefits of strong demand for its solution amid macroeconomic uncertainties and cost-restructuring initiatives.
The cloud software pioneer delivered an annual revenue growth rate in the single digits for the first time.
Stocks tied to the A.I. industry struggled at the start of the trading day while Nvidia (NVDA) saw selling action after the open.
Software giant Salesforce Inc (NYSE:CRM) is down 2.9% at $298.34 at last check, following mixed fourth-quarter results and a disappointing fiscal 2026 revenue forecast.
Shares of Salesforce fell over 3% before the bell on Thursday after a downbeat annual revenue and profit forecast raised questions about when the enterprise cloud firm would start to show meaningful returns on its hefty artificial intelligence bets.
Salesforce CEO Marc Benioff joins 'Mad Money' host Jim Cramer to talk Salesforce's quarterly report, guidance, Agentforce rollout, and more.