Tag: Salesforce Inc
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Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models
Fireworks once relied heavily on revenue from coding startup Cursor, but has diversified in the past year as more companies reach for lower-cost AI models.
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Why Jim Cramer is shocked by Citi’s against-the-grain praise of Microsoft’s Copilot
Jim Cramer said on CNBC on Wednesday that Citi’s optimism is contrary to everything he has been hearing about Copilot being subpar.
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Chamath Palihapitiya says soaring AI token spend will hit companies’ earnings
Palihapitiya is part of a growing chorus of investors and tech executives who are cautioning that the tokenmaxxing era is coming to an end.
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Why Salesforce is staying in the portfolio despite a harsh analyst downgrade
Jim Cramer isn’t ready to give up on Salesforce after KeyBanc downgraded the stock
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Salesforce is on an AI buying spree, but Wall Street still has its doubts
The company has announced three deals in the month of June alone.
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On Semiconductor strikes $7 billion deal for Synaptics in physical AI push
On Semiconductor said the deal bumps up its total addressable market by $30 billion to $243 billion by 2030.
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Value investor Bill Nygren sees opportunity in beaten-down Salesforce
Nygren said Salesforce is trading at a “double-digit free cash flow yield” despite continuing to grow and positioning itself to benefit from AI.
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An AI price war could steal the thunder from pending Anthropic, OpenAI IPOs
Companies are bemoaning AI’s hefty price tag, and some are looking at cheaper models that are nearly as good.
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Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants
“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” Oracle said.
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Global M&A deal value on track to reach $4 trillion this year: PwC
Global deal value of M&A is on track to reach $4 trillion in 2026, making it the strongest year since 2021
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