Salesforce Leverages AI and Data Cloud for Future Expansion, Eyes Significant Margin Gains and Sustained Growth, Analyst Says

Published by
Benzinga

RBC Capital analyst Rishi Jaluria reiterated Salesforce Inc (NYSE:CRM) with an Outperform and raised the price target from $325 to $350. The analyst hosted investor meetings with Valmik Desai, Director of Investor Relations, and Brooke Bakewell, Senior Manager of Investor Relations, which focused on Generative Artificial Intelligence, Data Cloud, margins, and macro. Jaluria noted that customers are enthusiastic about generative AI and, in many cases, are turning to Salesforce to help with their AI strategies. Also Read:Salesforce Spends $20M on Einstein Image Rights, Securing AI Brand Dominanc… Read More “Salesforce Leverages AI and Data Cloud for Future Expansion, Eyes Significant Margin Gains and Sustained Growth, Analyst Says”

Tesla vs. Boeing: Which S&P 500 Underperformer Do Analysts Like Better?

Published by
Barchart (UK)

Shattering all pessimism, the S&P 500 Index ($SPX) soared 24.7% last year. The positive momentum has continued this year, with the SPX already up 8% on a YTD basis, despite a shaky performance this week amid reduced expectations for Fed rate cuts in the near term. Recently, Wells Fargo (WFC) raised its year-end target for $SPX to 5,535, suggesting a 6.5% upside from current levels, while also revising its full-year EPS estimate for the index to $242 from $235 predicted earlier. However, not all S&P 500 stocks have fared so well in 2024. The Boeing Company (BA) and Tesla, Inc. (TSLA), two major… Read More “Tesla vs. Boeing: Which S&P 500 Underperformer Do Analysts Like Better?”

Tesla vs. Boeing: Which S&P 500 Underperformer Do Analysts Like Better?

Published by
Barchart (CA)

Shattering all pessimism, the S&P 500 Index ($SPX) soared 24.7% last year. The positive momentum has continued this year, with the SPX already up 8% on a YTD basis, despite a shaky performance this week amid reduced expectations for Fed rate cuts in the near term. Recently, Wells Fargo (WFC) raised its year-end target for $SPX to 5,535, suggesting a 6.5% upside from current levels, while also revising its full-year EPS estimate for the index to $242 from $235 predicted earlier. However, not all S&P 500 stocks have fared so well in 2024. The Boeing Company (BA) and Tesla, Inc. (TSLA), two major… Read More “Tesla vs. Boeing: Which S&P 500 Underperformer Do Analysts Like Better?”

Tesla vs. Boeing: Which S&P 500 Underperformer Do Analysts Like Better?

Published by
Barchart

Shattering all pessimism, the S&P 500 Index ($SPX) soared 24.7% last year. The positive momentum has continued this year, with the SPX already up 8% on a YTD basis, despite a shaky performance this week amid reduced expectations for Fed rate cuts in the near term. Recently, Wells Fargo (WFC) raised its year-end target for $SPX to 5,535, suggesting a 6.5% upside from current levels, while also revising its full-year EPS estimate for the index to $242 from $235 predicted earlier. However, not all S&P 500 stocks have fared so well in 2024. The Boeing Company (BA) and Tesla, Inc. (TSLA), two major… Read More “Tesla vs. Boeing: Which S&P 500 Underperformer Do Analysts Like Better?”

Chinese Military Companies Have Spent Over $24 Million Lobbying The U.S. Gov’t In Recent Years

Published by
Tampa Free Press

Since 2020, entities classified by the Pentagon as “Chinese military companies” have lobbied the US government for more than $24 million, according to a Daily Caller News Foundation analysis of records on lobbying activities. Some of the biggest spenders on lobbying included corporations directly tied to human rights abuses and Chinese military research, like telecom giant Huawei, facial recognition software developer Megvii and genomics company BGI Shenzhen. Chinese military corporations cast a wide net across the American government, lobbying the House, Senate and various parts of the execut… Read More “Chinese Military Companies Have Spent Over $24 Million Lobbying The U.S. Gov’t In Recent Years”

Market Turmoil Resumes As Inflation Rises More Than Expected, Oil Prices Spike, Gold At Record Highs: This Week In The Markets

Published by
Benzinga

Volatility stormed back into the markets, shaking things up in a week where inflation defiantly outstripped estimates for the third straight month in March, leading investors to substantially slash their expectations forFederal Reserve interest rate cuts. Geopolitical tensions in the Middle East fueled a surge in commodities like oil and gold. Meanwhile, the start of the earnings season saw major banks slightly surpassing estimates, yet the overall negative sentiment has still triggered a negative response from stocks. On Friday, the CBOE Volatility Index, or VIX, spiked the most in more than … Read More “Market Turmoil Resumes As Inflation Rises More Than Expected, Oil Prices Spike, Gold At Record Highs: This Week In The Markets”

Stocks End Sharply Lower on War Jitters in the Middle East

Published by
Barchart

The S&P 500 Index ($SPX) (SPY) Friday closed down -1.46%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.66%. Stock indexes Friday closed sharply lower, with the S&P 500 falling to a 4-week low and the Dow Jones Industrials falling to a 2-1/2 month low. Heightened geopolitical tensions fueled risk aversion and sparked long liquidation in stocks Friday. Risk aversion also boosted safe-haven demand for gold, pushed gold prices to a record high Friday, and sparked a rally in crude prices to a 5-1/2 month high. Western intell… Read More “Stocks End Sharply Lower on War Jitters in the Middle East”

Stocks End Sharply Lower on War Jitters in the Middle East

Published by
Barchart (CA)

The S&P 500 Index ($SPX) (SPY) Friday closed down -1.46%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.66%. Stock indexes Friday closed sharply lower, with the S&P 500 falling to a 4-week low and the Dow Jones Industrials falling to a 2-1/2 month low. Heightened geopolitical tensions fueled risk aversion and sparked long liquidation in stocks Friday. Risk aversion also boosted safe-haven demand for gold, pushed gold prices to a record high Friday, and sparked a rally in crude prices to a 5-1/2 month high. Western intell… Read More “Stocks End Sharply Lower on War Jitters in the Middle East”

Stocks End Sharply Lower on War Jitters in the Middle East

Published by
Barchart (UK)

The S&P 500 Index ($SPX) (SPY) Friday closed down -1.46%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.66%. Stock indexes Friday closed sharply lower, with the S&P 500 falling to a 4-week low and the Dow Jones Industrials falling to a 2-1/2 month low. Heightened geopolitical tensions fueled risk aversion and sparked long liquidation in stocks Friday. Risk aversion also boosted safe-haven demand for gold, pushed gold prices to a record high Friday, and sparked a rally in crude prices to a 5-1/2 month high. Western intell… Read More “Stocks End Sharply Lower on War Jitters in the Middle East”

Megyn Kelly Addresses ‘Unhinged’ Conspiracy Theory That She Is Secretly Nicole Brown Simpson: ‘Let It Go’

Published by
OK Magazine

Megyn Kelly addressed the wild conspiracy that she and Nicole Brown Simpson are the same person. On the Friday, April 12, installment of “The Megyn Kelly Show” podcast, the journalist said it was “amazing” how many people had actually “given real thought” to the bizarre speculation. “The theory is I was – I am right now actually, Nicole Brown Simpson, that I wasn’t actually murdered, that somehow Hollywood staged this or did something to make it look like I had died,” she explained. “And then I came back as journalist Megyn Kelly.” “They were having arguments about how it could be, how it migh… Read More “Megyn Kelly Addresses ‘Unhinged’ Conspiracy Theory That She Is Secretly Nicole Brown Simpson: ‘Let It Go’”