The company’s latest quarterly sales were below Wall Street estimates, as was its forecast for the current quarter. Read More...
Salesforce Drops on First-Ever Single Digit Sales Growth Outlook
(Bloomberg) — Salesforce Inc. dropped about 16% in extended trading after the software maker said sales growth in the current quarter will stall to the slowest in its history, fueling concerns about the company’s ability to stay relevant as the industry shifts toward artificial-intelligence tools.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face H
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