Salesforce Shares Plummet on First Revenue Miss Since 2006

1 min read
Source: Investor's Business Daily
Salesforce Shares Plummet on First Revenue Miss Since 2006
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures fell early Thursday, with Salesforce.com plunging overnight, impacting the broader market. Nvidia's stock continued its rise, nearing Apple's market valuation. The stock market saw a negative session Wednesday as Treasury yields jumped, with the Dow, S&P 500, and Nasdaq all experiencing losses. Salesforce's earnings report disappointed, leading to a significant drop in its stock. Other companies like Nutanix and American Eagle also saw declines, while Pure Storage and C3.ai reported gains. Investors are advised to be cautious amid weak market breadth.

Share this article

Reading Insights

Total Reads

0

Unique Readers

12

Time Saved

6 min

vs 7 min read

Condensed

93%

1,23684 words

Want the full story? Read the original article

Read on Investor's Business Daily