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Salesforce Shares Plunge on Weak Forecast and Revenue Miss

1 min read
Source: Investing.com
Salesforce Shares Plunge on Weak Forecast and Revenue Miss
Photo: Investing.com
TL;DR

U.S. futures dipped on Thursday amid concerns over weak Treasury sales and potential Federal Reserve interest rate cuts. Salesforce shares fell after its second-quarter forecast missed estimates, while activist investor Nelson Peltz sold his Disney stake following a failed proxy battle. UBS reshuffled its leadership team, and crude prices declined despite a significant draw in U.S. oil inventories.

Topics:businessmarket-update#crude-prices#federal-reserve#market-update#nelson-peltz#salesforce#us-futures
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  1. Futures dip, Salesforce forecast falls short of estimates - what's moving markets By Investing.com  Investing.com
  2. Salesforce shares plunge 16% on first revenue miss since 2006  CNBC
  3. Salesforce Set to Fall on Slowing Sales Growth Forecast  Bloomberg
  4. Salesforce Stock: Salesforce Earnings Beat, Revenue Light. Weak Guidance Sparks Sell-Off.  Investor's Business Daily
  5. Salesforce plummets as weak forecast sparks concern of AI competition  Yahoo! Voices

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